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Frost and Sullivan Institute and MSCI acknowledge RingCentral for its social and environmental impression
BELMONT, Calif.–(BUSINESS WIRE)–
Ring Central, Inc. (NYSE: RNG), a number one world supplier of enterprise cloud communications, video conferencing, collaboration and make contact with heart options, at present introduced that it has obtained prestigious recognition from the Frost and Sullivan Institute and MSCI for the corporate’s dedication to handle the problem of environmental, social and company governance (ESG points):
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RingCentral obtained the 2022 Thought Growth Leadership Best Practices Award from the unbiased non-profit institute Frost & Sullivan. The award acknowledges firms for “reaching sustained monetary development over a ten-year interval”, in addition to for “innovating to zero” and making a optimistic distinction on the planet by addressing environmental, social and governance points. firm (ESG). RingCentral was acknowledged for its use of modern applied sciences, in addition to its dedication to selling variety and inclusion, lowering greenhouse gasoline emissions, and emphasizing the significance of psychological well being.
RingCentral lately upgraded its score from A to AA (on a CCC to AAA scale) within the MSCI ESG Ratings Assessment, shifting into the management class. MSCI ESG Analysis measures an organization’s resilience to long-term financially related ESG dangers and its skill to handle these dangers relative to its friends. The analysis is designed to offer important data that may assist institutional buyers establish dangers and alternatives that conventional funding analysis might overlook. MSCI ESG scores are additionally used within the development of the MSCI ESG indices, produced by MSCI, Inc.
“As RingCentral continues to develop, we’re additionally targeted on enhancing the communities through which we function,” mentioned Sonalee Parekh, chief monetary officer of RingCentral. “The Frost & Sullivan Institute award acknowledges that doing enterprise and doing good should not mutually unique – it is a precedence for us to proceed exploring methods to leverage our expertise to assist underserved communities and activating the fervour of our workers to do their half to assist our planet.We’re honored to obtain this recognition from the Frost & Sullivan Institute in addition to the MSCI for our work.
RingCentral has made notable progress in the direction of strengthening variety and sustainability by assembly a number of related United Nations Sustainable Improvement Objectives, together with adopting accountable consumption and manufacturing practices. In 2021, RingCentral accelerated its efforts to diversify its provide chain by making a Variety and Entry workplace, establishing an affirmative motion plan, and investing $23.4 million in provider companies belonging to minority communities. Knowledge safety and confidentiality are additionally a prime precedence. All of RingCentral’s merchandise are designed from the bottom as much as inherently shield the integrity of buyer information, minimizing the chance of information leaks and safety breaches.
“Now we have recognized firms which have efficiently fused enterprise acumen with an ethical crucial. The Frost & Sullivan Institute applauds RingCentral’s efforts to leverage its expertise, affect and experience to align with world priorities and go above and past in its efforts to enhance the world,” mentioned Abash. Raj Subedi, analysis analyst on the Frost & Sullivan Institute. “The corporate’s lively and agency method to variety and inclusion, diminished emissions, privateness and information safety has set the usual of excellence that different firms within the IT business cloud would do effectively to mimic.”
Extra particulars on RingCentral’s ESG efforts will be present in its 2021 Impact Report. The Influence Report highlights RingCentral’s dedication to company duty and the steps the corporate is taking to learn its workers, communities and shareholders, in addition to the planet. In 2021, RingCentral targeted on strengthening variety in its enterprise, supporting its workers, and increasing the corporate’s attain to the communities that want it most. Highlights of the impression report embrace:
26 awards recognizing RingCentral’s variety, inclusion and philanthropy
$23.4 million invested with varied suppliers
$425,000 donated by RingCentral and its workers
6+ added advantages to assist psychological well being and work-life stability
Greater than 400 nonprofit organizations have benefited from volunteering and donations
For extra data, go to here.
About Ring Central
RingCentral, Inc. (NYSE: RNG) is a number one supplier of cloud-based communications and make contact with heart options for companies, primarily based on its highly effective world Message Video Cellphone™ (MVP®) platform. Extra versatile and cost-effective than the legacy PBX and on-premises video conferencing methods it replaces, RingCentral permits fashionable cellular and distributed workforces to speak, collaborate and join by any mode, any gadget and wherever. RingCentral presents three key merchandise in its portfolio, together with RingCentral MVP™, a Unified Communications Platform as a Service (UCaaS) together with crew messaging, video conferencing and cloud telephone system; RingCentral Video®, the enterprise video conferencing resolution with crew messaging that permits Sensible Video Conferences™; and RingCentral Contact Middle™ options. RingCentral’s open platform integrates with main third-party enterprise purposes and permits clients to simply customise enterprise workflows. RingCentral is headquartered in Belmont, California, and has places of work around the globe.
© 2022 RingCentral, Inc. All rights reserved. RingCentral, Message Video Cellphone, MVP, RingCentral MVP, RingCentral Video, RingCentral Contact Middle, Sensible Video Conferences and the RingCentral emblem are registered logos of RingCentral, Inc.
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Supply: RingCentral, Inc.
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