At OneAdvanced we have a mission to power the world of work. We achieve this by providing software solutions that impact millions of lives every day. That reach gives us both the opportunity and the responsibility to make our impact as positive as possible.
This is why we hold ourselves to account with a clear and honest assessment of our work across the course of the year. As well as reporting on our environmental, societal and governance metrics, we have included more information about our Bettering Society ethos, and how we are achieving our goals. Our Societal Report makes it clear how we are investing in a responsible and sustainable future at OneAdvanced.
2023 in review
This year we have seen significant achievements in the way we are improving our impact on the world. We have had a strong commitment to achieving positive ESG practice, and that has become even more central to our ways of working over the past year. This has ensured that our efforts have been redoubled to achieve positive results.
Our environmental practice is guided by our commitment to the Vista Climate Pledge. Working with our partners, we are committed to achieving at least a 50% reduction in emissions by 2030 and reaching Net Zero by 2050. We are currently exceeding our targets, having reduced our CO2 emissions by 50.9% since we began this process in 2018.
Since 2017, we have reported on gender pay gaps at OneAdvanced in line with UK legislation. In 2019, we expanded our approach to assess a wider range of demographic pay gaps in our Diversity Pay Gap Report. In the past year, we have significantly reduced a range of pay gaps, including achieving a mean gender pay gap of only 0.9%.
The foundation of ESG best practice is effective and responsible management through strong governance. We have been putting best practice in place to maintain high standards of governance in everything we do. We have also been working hard to stay ahead of evolving cyber threats under the leadership of our new Chief Information Security Officer.
Bettering Society
In the past year, we have relaunched our business as OneAdvanced. A key part of that process of transformation has been reevaluating our place in society and our ability to make a difference. We have recognised the impact of our software, impacting millions of lives every day.
We have also recognised the opportunity we have to make that impact a positive one. This is the heart of our Bettering Society ethos. We are taking this opportunity to make a difference.
We have undertaken a long process to assess how we can achieve our vision of Bettering Society. We worked with stakeholders in five key groups: our customers, our employees, our leadership, our suppliers and industry experts. Through a series of workshops and focus groups, we assessed how we could most effectively make a material impact.
From this, we established four pillars into which we organised a series of material issues. These four pillars are Better for the planet, Better for our people, Better technology and Better business. These pillars will be overseen by executive sponsors who will be pushing these goals forwards.
Download your copy today
Our Societal Report gives you more information about all these topics and a closer look at our vision for the future. Click here to head to our ESG page, where you can learn more about our ESG practices and Bettering Society ethos, as well as downloading your own copy of the report. You can also follow us on LinkedIn to get all the latest news about our ESG work.