Read more about our ESG policy below
Approved by: Board of Directors of Xait AS
Date of approval: 25th of November 2021
Scheduled review: Annually
Document owner: CEO
Contact person: Eirik Gudmundsen
This document defines Xait Software AS’ («Xait») general guidelines for corporate social responsibility and sustainability. The purpose is to reinforce and to guide our contribution to a sustainable economic, social and environmental development in the sectors and industries in which Xait operates. The policy shall support employees and managers in their strategic decisions and daily work.
At Xait Software, we are committed to harnessing our culture of innovation to be an industry role model on sustainability and contribute to setting sustainability on our industry’s agenda. We leverage the power of our people and our products to reduce the impact that we and our customers have on the planet. We see sustainability as a competitive advantage that helps us create long-term value for our business and our stakeholders.
The development of our Sustainability Policy is part of the process of systematising the work we do on sustainability at Xait. For this policy, we conducted a basic, internal materiality assessment, which identified key topics that we believe are most important to our stakeholders and our success as a business.
As of 2022, we will start publishing a sustainability report, informed by the Global Reporting Initiative Standards (GRI) and the Sustainability Accounting Standards Board’s (SASB) Software and IT Services sector guide. The report will serve to develop an effective sustainability strategy for Xait, which targets the most significant impacts of our organisation.
Our ESG policy applies to all of Xait’s employees, including the Board of Directors, and persons who, without being employed by Xait, work on assignment or as consultants for Xait. In addition, the policy covers all business activities in connection with customers, suppliers and others commercial partners.
This policy is based on Norwegian law, and has been informed by the UN Principles for Corporate Social Responsibility (UN Global Compact), Xait’s values and purpose, as well as the Global Reporting Initiative Standards (GRI).
We define sustainability as: “Developing products and solutions that meet today's needs without compromising the ability of future generations to meet their needs.”
The objectives of this policy are to:
Xait is committed to respecting human rights and labour rights standards, preserve the climate and the environment, combat corruption and uphold good governance standards. This applies to the development of the Company’s products and services, consulting and sales, as well as investment decisions. The same requirements apply to the Company's suppliers.
Our purpose at Xait is to create a more sustainable society by supporting our clients in digitalising their operations, thereby improving energy efficiency, innovation, profitability and reducing the environmental footprint.
Our commitment to doing business fairly and responsibly is anchored in our values.
Our values are:
Trustworthy:
By acting honestly and with integrity, we gain the respect of customers, partners and suppliers. It creates the mutual trust necessary for delivering superior products and services.
Efficient:
We're agile and solution-orientated. By being efficient we contribute to making our customers more efficient- and ultimately more competitive. We are an integral part of their progress.
Xaiting:
We are passionate about our work. We van challenge mindsets and make significant changes to the way people interact. Let's have fun!
Thought leader:
It's time we acknowledge our ability to deliver products and services that change the way people work together. Let's nurture our ideas because they'll let us grow and prosper.
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