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Lightspeed Publishes its Fourth Annual Sustainability Report
Prnewswireยท 2025-08-21 11:00
Core Viewpoint - Lightspeed Commerce Inc. has released its fourth annual Sustainability Report, detailing its Environmental, Social, and Governance (ESG) initiatives for the fiscal year ending March 31, 2025, emphasizing its commitment to empowering businesses and communities globally [1][2]. ESG Initiatives - The company has made significant progress in diversity, equity, and inclusion (DEI), with 87% of employees feeling they can be their authentic selves at work, and a workforce comprising 11% LGBTQ2S+, 9% persons with disabilities, and 34% BIPOC representation [6]. - Lightspeed's executive team includes 43% women, and the company has introduced a Family Building Benefit for Canadian employees, covering fertility procedures, surrogacy, and adoption [6]. - The company has partnered with GiftTrees to implement the Carbon Friendly Dining program, resulting in over 2 million trees planted to offset carbon emissions from meals [6]. Community Engagement - Lightspeed Care Club provides a year-long subscription to Lightspeed POS and Payments for non-profit organizations linked to employees, benefiting initiatives like the Young Enterprise Scheme (YES) in New Zealand, which allowed 5,000 high school students to access Lightspeed's e-commerce platform [5][7]. - The company emphasizes its role in supporting local businesses and communities through technology and insights, aiming to build stronger neighborhoods worldwide [4]. Company Overview - Lightspeed operates as a unified omnichannel platform for retail and hospitality businesses in over 100 countries, offering services that include point of sale, e-commerce, embedded payments, and inventory management [8][9]. - Founded in Montreal in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange [10].