Softchoice Publishes 2023 ESG Report

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Jul 30, 2024

Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC), a leading software- and cloud-focused IT solutions provider, today published its 2023 Environmental, Social and Governance (ESG) report. This annual report outlines the Company’s measurable performance, achievements, and ambitions concerning environmental sustainability, social responsibility, and governance excellence.

Key achievements highlighted in the report include:

  • Environmental sustainability: Embedding sustainability practices into the Company’s operations, increasing its waste diversion rate from 42% in 2022 to 53% in 2023 and reducing Scope 1 emissions by ~37% company-wide.
  • Social responsibility: Increasing diversity across the organization with ~41% of the workforce being women and ~32% being visible minorities, earning 100% on the Human Rights Campaign’s Corporate Equality Index, and being rated a Best Workplace in Canada™ by Great Place to Work® for 19 consecutive years, ranking 9th among large organizations and 1st among TSX-listed companies.
  • Governance excellence: Operating with transparency and accountability, establishing a partner, supplier and vendor code of conduct, increasing the number of independent directors on the Board and increasing female Board representation to 33%.

“Our work at Softchoice gives us the incredible opportunity to unleash the potential in people and technology. This starts with doing right by our people, customers, and communities and embedding sustainability, accountability, and responsibility into everything we do. While we recognize that our ESG journey is ongoing, I am proud of our progress and our team’s dedication to creating meaningful and long-lasting impact," said Andrew Caprara, President and CEO of Softchoice.

Softchoice’s ESG report follows the Global Reporting Initiative (GRI) Universal Standards and responds to the performance metrics within the Software & IT Services Standard of the Sustainability Accounting Standards Board (SASB) Standards.

To read the full report, go here.

About Softchoice

Softchoice (TSX:SFTC, Financial) is a software- and cloud-focused IT solutions provider that equips organizations to be agile, innovative, and secure, and people to be engaged, connected and creative at work. We do this by delivering secure, AI-powered cloud and digital workplace solutions supported by our advanced software asset management methodology and capabilities. Through our customer success framework, we create value for our customers by reducing their IT spending, optimizing their technology, and supporting business-driven innovation. We are a highly engaged, high-performing team that is welcoming, inclusive, and diverse in thought and experience, and are certified as a Great Place to Work® in Canada and the United States. To learn more about us, visit www.softchoice.com.

Forward-looking statements

This news release may contain forward-looking information within the meaning of applicable securities laws, which reflects Softchoice’s current expectations regarding future events, including Softchoice’s strategies, technology portfolios and industry expectations. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Softchoice’s control. Actual results could differ materially from those projected herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this news release is provided as of the date of this news release and Softchoice does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

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