Progress Releases Corporate Social Responsibility Report for 2023
Progress Releases Corporate Social Responsibility Report for 2023 GlobeNewswire
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Fifth Annual Report Highlights Progress’ Commitment to Sustainable Development Goals
Introduction
BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, has released its fifth annual Corporate Social Responsibility (CSR) report. This report showcases the company’s dedication to inclusion and diversity, charitable giving, and sustainability practices aimed at reducing its carbon footprint. The full details of the report can be found here.
Commitment to Sustainability
Progress has shown unwavering commitment to sustainable practices aligned with the Sustainable Development Goals (SDGs). The company has successfully reduced its Scope 1 and Scope 2 carbon footprint by 16%, energy use by 29%, and office CO2 footprint by 3% year-over-year. Additionally, Progress has encouraged the use of water dispensers in its offices, resulting in saving approximately 115,070 plastic water bottles and avoiding an estimated 9,527 kgCO2e. The Burlington, MA office has also composted 6,082 pounds of discarded food and organic material, equivalent to saving 4,111 net pounds of CO2.
Inclusion and Diversity
Progress has prioritized fostering an inclusive work environment through initiatives such as employee resource groups (ERGs) and the Inclusion and Diversity (I&D) Committee. In 2023, these groups hosted over 40 activities to support an inclusive and psychologically safe working environment. The company also offers programs and resources for employee well-being, including sessions on mindfulness, stress management, personal finance, and access to well-being resources. Furthermore, Progress expanded its professional development offerings with new educational webinars, an updated catalog in its internal Learning Hub, an inclusive leadership program, and additional resources in its Team Enablement Portal.
Charitable Giving
Progress has significantly increased its philanthropic impact by investing in an enterprise-wide charitable giving solution. This has enabled the company to double the number of organizations it supports, donating to over 330 certified charitable organizations worldwide. The company has also continued its commitment to STEM education through the global Women in STEM Scholarship series, granting college scholarships to five women in 2023. Since its establishment in 2019, Progress has awarded scholarships to 14 deserving women across the US, India, and Bulgaria. Additionally, employees have actively participated in humanitarian and social causes, raising close to $20k in giving efforts and organizing multiple item drives for shelters, veterans, and children in need.
Recognition and Conclusion
Progress’ dedication to corporate social responsibility has been consistently recognized by reputable organizations such as The Boston Globe, Boston Business Journal, and The Green Organisation. The company’s employees play a crucial role in driving its CSR Program, Progress for Tomorrow, by forming employee resource groups, proposing green programming, and organizing fundraisers. By establishing a corporate culture of inclusion, philanthropy, and sustainability, Progress aims to positively impact its people, customers, communities, and the planet.
For more information about Progress’ corporate social responsibility initiatives and to access the company’s 2023 CSR Report, visit https://www.progress.com/social-responsibility. To view career opportunities, go to https://www.progress.com/company/careers.
About Progress
Progress (Nasdaq: PRGS) provides software that enables organizations to develop and deploy their mission-critical applications and experiences, as well as effectively manage their data platforms, cloud, and IT infrastructure. With over 4 million developers and technologists at hundreds of thousands of enterprises relying on Progress, the company aims to make the lives of technology professionals easier. Learn more at www.progress.com.
Press Contact:
Kim Baker
Progress
+1-800-213-3407
pr@progress.com
SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 5: Gender Equality
- SDG 8: Decent Work and Economic Growth
- SDG 10: Reduced Inequalities
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 17: Partnerships for the Goals
The article discusses various initiatives related to inclusion and diversity, charitable giving, and sustainability. These issues align with the Sustainable Development Goals mentioned above.
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic, and public life.
- SDG 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
- SDG 10.2: By 2030, empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic or other status.
- SDG 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.
- SDG 13.2: Integrate climate change measures into national policies, strategies, and planning.
- SDG 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.
Based on the article’s content, these specific targets can be identified as relevant to the initiatives mentioned.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Percentage of women in leadership positions (SDG 5.5)
- Percentage of employees with access to decent work and equal pay (SDG 8.5)
- Number of activities promoting social inclusion and belonging in the workplace (SDG 10.2)
- Reduction in carbon footprint and energy usage (SDG 12.2)
- Integration of climate change measures into company policies (SDG 13.2)
- Number of partnerships and collaborations for sustainable development (SDG 17.16)
These indicators can be used to measure progress towards the identified targets based on the information provided in the article.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 5: Gender Equality | 5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic, and public life. | Percentage of women in leadership positions |
| SDG 8: Decent Work and Economic Growth | 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. | Percentage of employees with access to decent work and equal pay |
| SDG 10: Reduced Inequalities | 10.2: By 2030, empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic or other status. | Number of activities promoting social inclusion and belonging in the workplace |
| SDG 12: Responsible Consumption and Production | 12.2: By 2030, achieve the sustainable management and efficient use of natural resources. | Reduction in carbon footprint and energy usage |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning. | Integration of climate change measures into company policies |
| SDG 17: Partnerships for the Goals | 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources. | Number of partnerships and collaborations for sustainable development |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: globenewswire.com
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