Core Insights - Sidetrade has released its 2024 CSR Report, emphasizing its commitment to sustainable technology, ethical governance, and inclusive growth [1] - The company achieved a remarkable revenue growth of 26% in 2024 while simultaneously reducing its carbon footprint by 3.3%, showcasing its ambition to decouple business growth from environmental impact [2] Financial Performance - In 2024, Sidetrade reported a revenue growth of 26% [2] - The company analyzes $7.2 trillion worth of B2B payment transactions daily, indicating its significant market presence [6] Environmental Initiatives - Sidetrade launched a digital sobriety program with a virtualization rate of 95.6% and data centers powered by renewable energy [3] - The company's Power Usage Effectiveness is 1.39, which is well below the EU average, setting new benchmarks in the SaaS industry [3] Recognition and Ratings - Sidetrade earned a Platinum Medal from EthiFinance and a Silver Medal from EcoVadis, placing it among the top 15% of rated companies in Europe [4] - These accolades reflect the company's tangible carbon reductions and strong CSR governance [4] Corporate Social Responsibility (CSR) Goals - Sidetrade aligns its roadmap with 10 of the UN's Sustainable Development Goals, focusing on climate action, workplace equity, ethical governance, and digital resilience [5] - The company emphasizes excellence and ambition as key drivers of its CSR journey [5]
Sidetrade charts its course in responsible AI with the publication of its 2024 CSR report
Globenewswireยท2025-07-31 09:48