Leading by Example: JAGGAER 2024 ESG Impact Report Showcases Sustainability in Procurement

Business Wire

5 days ago

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--JAGGAER, a global leader in enterprise procurement and supplier collaboration, has released its 2024 Environmental, Social and Governance (ESG) Impact Report, highlighting its progress in leading the procurement sector by example on sustainability. This year's report focuses on how the company embeds sustainability across its Source-to-Pay (S2P) solutions and internal operations to empower strategic cost reductions, 360° risk management and sustainable growth.
This year's report focuses on how the company embeds sustainability across its Source-to-Pay (S2P) solutions and internal operations to empower strategic cost reductions, 360° risk management and sustainable growth.
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As part of its efforts to anticipate customer needs, JAGGAER also undertook preparatory work for a Double Materiality Assessment, a key element in the EU's Corporate Sustainability Reporting Directive (CSRD), and a measure of accountability that signals a shift towards a more comprehensive understanding of both exposure to sustainability-related financial risks and broader impact on society and the environment.
Andrew Roszko, CEO at JAGGAER, comments: 'With a mission to guide the procurement and supply chain function into the future, at JAGGAER we practice what we preach. We experience first-hand the insights, transparency and strategic intelligence that our solutions provide businesses as they strive to manage risk, stay compliant and thrive. This report not only provides us with a critical benchmark for our environmental stewardship and role in the world but also reveals the breadth of intelligence available to support companies as they try to extract strategic data to cut costs, navigate volatile markets and stay competitive.'
In addition to this, the company received a Gold Medal from EcoVadis, placing it among the top 5% of all companies evaluated and within the top 1% among its industry peers.
Environmental
JAGGAER measured and published GHG emissions for the fourth consecutive year, achieving a 25% reduction in Scope 1 and Scope 2 emissions and a 43% reduction in Scope 3 emissions from the 2021 baseline. These results were supported by initiatives like AWS cloud migration and improved emissions data accuracy as well as environmentally responsible workplace practices. The latter were promoted through online collaboration tools, hybrid work, sustainable office rentals, paperless operations, and waste-reduction measures such as recycling and the promotion of reusable containers. In addition to this, through a partnership with Reforest'Action, the company contributed to reforestation projects in multiple countries, financing the planting of over 10,370 trees since 2019. These forests are expected to offset 1,556 tons of CO₂e over 30 years.
Social
As a signatory of the UN Global Compact, JAGGAER upholds its principles, ensuring non-discrimination and equal treatment based on merit and job requirements. In line with its commitment, the report reveals that in 2024 women made up 41.8% of JAGGAER's global workforce and held 36.1% of management positions.
In support the happiness and health of employees, JAGGAER delivered wellbeing programs and mental health workshops across all regions, while maintaining a flexible work culture. To honor and cement company connections with local communities, employees dedicated over 380 volunteer hours to community service through local partnerships and initiatives. JAGGAER's efforts to create a serene and fair work environment were rewarded with two notable accolades: the Sunday Times – Best Places to Work 2024 (UK) and Gallagher's 2024 Best-In-Class Employer award (North America).
Governance
The ESG Steering Committee met quarterly to align on policy and homed in on data privacy and information security as core priorities, achieving industry-first AI management and security certifications, assurance measures, and full compliance with mandatory training. Employee engagement was high, with 100% of employees completing compliance training. Increased viability via the EcoVadis CAM solution, confirmed efforts to date and revealed that 71% of assessed high-spend or critical suppliers pose low GHG emissions risk.
JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce. www.jaggaer.com