CRITEO PUBLISHES ITS 2022 CORPORATE SOCIAL RESPONSIBILITY REPORT

Rhea-AI Summary

Criteo S.A. (NASDAQ: CRTO) has released its 2022 Corporate Social Responsibility Report. This document outlines the company's commitment to diversity, equity, and sustainability in the AdTech sector.

The report highlights key achievements such as the development of a long-term environmental strategy, fostering sustainable supplier relationships, and improvements in diversity within tech roles—from 14% in 2021 to 16% in 2022. Criteo received recognition from EcoVadis, achieving a Bronze Medal for sustainability performance, and it ranked fourth in LinkedIn's list of top Marketing & Advertising companies in the U.S.

Positive

• Criteo established a comprehensive long-term environmental strategy, assessing its carbon footprint and setting ambitious emission reduction targets.
• Achieved a Bronze Medal from EcoVadis, ranking in the top 50% of over 100,000 companies for sustainability.
• Increased the inclusion score from 75/100 in 2021 to 83/100 in 2022.
• Improved percentage of women in tech roles from 14% in 2021 to 16% in 2022.
• Recognized by LinkedIn and Comparably for company culture and diversity initiatives.

Negative

• None.

NEW YORK, April 20, 2023 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the commerce media company, today announced the publication of its 2022 Corporate Social Responsibility Report (CSR Report). The report highlights recent achievements in Criteo's continued commitment to fostering a diverse and inclusive culture that drives creative collaboration, and sustainable change across the AdTech industry.

Megan Clarken, Criteo's Chief Executive Officer, said: "We are proud of the step forward we took in 2022 by unveiling Criteo's five-year environmental roadmap, which includes a comprehensive assessment of our carbon footprint, and making progress toward our goal of increasing the number of women in tech roles. Over the next year, we will continue to advocate for a diverse and equitable workforce, while reinforcing our commitment to a sustainable future by establishing carbon reduction targets in line with the Paris Agreement."

The newly released 2022 CSR Report highlights progress in the following areas:

Defining Criteo's long-term global environmental strategy: As part of its sustainability journey, Criteo formalized its long-term global environmental strategy and paved the way for ambitious short-term and long-term action plans and emission reduction goals. The company assessed the impact of its activities on the environment, including its carbon footprint (scope 1, 2, and 3). This comprehensive assessment will help determine the most relevant decarbonization drivers and set ambitious emission reduction targets to be submitted to the Science-Based Targets initiative (SBTi). 

Fostering sustainable supplier relationships: For the first time in 2022, Criteo was awarded the Bronze Medal by EcoVadis, one of the most trusted providers of business sustainability ratings, allowing companies to assess the environmental performance and corporate social responsibility of its supply partners and operations. This recognition places Criteo among the top 50% of the 100,000 companies assessed by EcoVadis.

Reinforcing Criteo's diverse, equitable, and inclusive culture: Diversity, Equity, and Inclusion (DEI) is at the heart of Criteo's strategy and values. Thanks to the implementation of new DEI programs and targeted actions in 2022, Criteo raised its inclusion score, which measures authenticity, belonging, psychological safety, and inclusive leadership across the organization from 75/100 in 2021 to 83/100 in 2022. Criteo also signed the LEAD Network CEO Gender Parity pledge, reinforcing its commitments towards gender parity and advancing career paths for women. Criteo improved the percentage of women in tech roles from 14% in 2021 to 16% in 2022, and continues to progress towards its goal of increasing that share in the coming years.

Updating Criteo's Code of Business Conduct and Ethics: In September 2022, Criteo released its updated Code of Business Conduct and Ethics, reflecting the Company's non-discrimination and anti-harassment policy. Criteo also launched a new global training program to prevent harassment and discrimination in the workplace.

Criteo's CSR efforts continue to be widely recognized. In 2022, LinkedIn ranked Criteo fourth on their list of top companies in Marketing & Advertising in the U.S., and Criteo was named one of the top 50 inspiring workplaces in America by The Inspiring Workplaces Group. The Company also earned Ragan's CSR and Diversity awards for its global DEI commitment as well as its Environmental, Social and Governance (ESG) engagement and communication report. Most recently, Criteo was recognized by Comparably for Best Company Culture and was named to the Bloomberg Gender-Equality Index for the first time. 

To read the full report, please click here or visit: https://criteo.investorroom.com/.

As used in this press release, the term "material" reflects significant ESG issues or priorities of Criteo and its stakeholders and is distinct from, and should not be confused with, the term "material" as defined by or construed in accordance with securities law or as used in the context of financial statements and reporting.

About Criteo

Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects 22,000 marketers and thousands of media owners to deliver richer consumer experiences from product discovery to purchase. By powering trusted and impactful advertising, Criteo supports an open internet that encourages discovery, innovation, and choice. For more information, please visit www.criteo.com.

Contacts

Criteo Investor Relations
Melanie Dambre, m.dambre@criteo.com

Criteo Public Relations
Jessica Meyers, j.meyers@criteo.com

 

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SOURCE Criteo S.A.

FAQ

What significant goals did Criteo announce in their 2022 CSR Report?

Criteo announced a five-year environmental roadmap focusing on carbon footprint assessment and emission reduction targets.

How did Criteo improve its diversity metrics in 2022?

Criteo increased the percentage of women in tech roles from 14% in 2021 to 16% in 2022, and raised its inclusion score from 75/100 to 83/100.

What recognition did Criteo receive for its sustainability efforts?

Criteo was awarded the Bronze Medal by EcoVadis for being in the top 50% of over 100,000 companies assessed.

When was Criteo's updated Code of Business Conduct released?

Criteo released its updated Code of Business Conduct in September 2022.

How did LinkedIn rank Criteo in 2022?

Criteo was ranked fourth among top companies in Marketing & Advertising in the U.S. by LinkedIn.