Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced the release of its third-annual Corporate Social Responsibility (CSR) report. Highlights from this year’s report touch on inclusion and diversity (I&D) and human rights; philanthropy, charitable giving and volunteerism; and environmental sustainability. Progress also released a Sustainability Appendix, providing additional details about the company’s sustainability efforts.
“2021 was an important year for Progress and marked many new milestones for our multi-faceted Corporate Social Responsibility program,” said Yogesh Gupta, CEO, Progress. “In addition to celebrating our 40th anniversary, we hired our first ever Chief Inclusion and Diversity Officer, added two new Employee Resource Groups, expanded our Women in STEM scholarship series and established our first Earth Team dedicated to helping us achieve our sustainability objectives. In addition, through our global charitable giving program, we made a real impact in improving the lives of those in need. I am proud of the work we have done and the people who made it happen, and I look forward to achieving even more of our program priorities in the years to come.”
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Progress strives to conduct business in ways that have a positive impact on its people, customers and communities. Progress employees consider it an important part of their responsibilities to build and fortify an inclusive culture while using their talents and resources to advance social and environmental causes. That is why the company’s comprehensive CSR program, Progress for Tomorrow, has been consistently recognized with accolades including The International CSR Excellence Awards, MassTLC’s Tech Top 50, and the American Business Awards. Progress has been recognized as a Best Employer by the Forbes, the Boston Globe, Boston Business Journal, Kincentric Research, and Great Place to Work®.
Highlights from the 2021 CSR report include:
Our People
Our Communities
Our World
For the first time, Progress has included a Sustainability Appendix, based on recommendations by the Sustainability Accounting Standard Board (SASB) for companies in the Software and IT Services industry, and specifically, the Technology and Communications sector.
Added CEO Gupta, “In today’s economy, sustainability is a global business issue that impacts the financial condition, operating performance and enterprise value of companies. We opted to standardize our reporting on SASB because it is the industry standard used to help businesses and investors develop a common language about the financial impacts of sustainability. Progress is committed to transparency in its sustainability reporting, an issue that is critical to our investors.”
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