Vocera Introduces Environmental, Social, and Governance Framework

Rhea-AI Summary

Vocera Communications (NYSE:VCRA) has launched its first Environmental, Social, and Governance (ESG) Framework, outlining the company's sustainability efforts and corporate responsibility. The framework notes a 90% employee retention rate in FY20, which exceeds industry standards. CEO Brent Lang expressed commitment to transparency and annual updates on ESG progress. The report emphasizes plans to enhance employee well-being and diversity initiatives in 2021. More details can be found in the framework published at www.vocera.com/environmental-social-governance.

Positive

• 90% employee retention rate in FY20, exceeding industry standards.
• Above-average results in employee pulse surveys.
• Plans to expand employee well-being programs and diversity initiatives in 2021.

Negative

• None.

Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, introduced its first Environmental, Social, and Governance (ESG) Framework. The newly published framework provides insight into the company’s progress and plans for addressing a range of corporate responsibility and sustainability topics. It also summarizes the company’s performance in 2020 across three key areas related to people, products, and operations.

“We are proud to publish our first ESG Framework and share the strides we have made so far along with our plans for making an even bigger impact in the future,” Brent Lang, chairman and CEO of Vocera said. “Our aim is to be transparent throughout our responsibility and sustainability journey and will publish an update each year showing our ESG progress.”

Among the highlights included in the initial framework are results related to the company’s efforts to engage and manage a talented global workforce at Vocera, which has offices in the United States, Canada, Australia, India, the Middle East, and the United Kingdom. For example, in FY20, Vocera retained 90% of its employees, better than the technology industry standard. Additionally, results from the company’s quarterly employee pulse surveys were better than the industry benchmark. In 2021, the company plans to expand its employee well-being programs and elevate diversity, equity, and inclusion initiatives.

More information about how Vocera is making a sustainable impact on people, products and operations can be found in the company’s recently published ESG Framework located at www.vocera.com/environmental-social-governance or by emailing ESG@vocera.com.

About Vocera

The mission of Vocera Communications, Inc. is to improve the lives of healthcare professionals, patients, and families. Founded in 2000, Vocera provides solutions that help protect and connect team members, simplify workflows, increase efficiency, enhance quality of care and safety, and humanize the healthcare experience. More than 2,300 facilities worldwide, including nearly 1,900 hospitals and healthcare facilities, have selected Vocera solutions to enable their workforce to communicate and collaborate with co-workers and engage with patients and families. Mobile workers can choose the right device for their role or task, including smartphones or one of the company’s wearable communication devices, and use voice commands to easily reach people by name, role, or group. The hands-free Vocera Smartbadge was named to TIME’s list of the 100 Best Inventions of 2020. The Vocera Platform can integrate with more than 150 clinical and operational systems, including electronic health records, nurse call systems, ventilators, physiological monitors, and more. In addition to healthcare, Vocera solutions are found in aged care facilities, veterinary hospitals, schools, luxury hotels, retail stores, power facilities, and more. Visit www.vocera.com to learn more, and follow @VoceraComm on Twitter.

Vocera® and the Vocera logo are trademarks of Vocera Communications, Inc. registered in the United States and other jurisdictions. All other trademarks appearing in this release are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005405/en/

FAQ

What is Vocera's recent ESG Framework about?

Vocera's ESG Framework outlines its corporate responsibility and sustainability efforts, including a focus on employee retention, diversity, and well-being.

What were the employee retention rates for Vocera in FY20?

Vocera achieved a 90% employee retention rate in FY20, which is better than the technology industry standard.

How does Vocera plan to improve in 2021?

In 2021, Vocera plans to enhance its employee well-being programs and elevate diversity, equity, and inclusion initiatives.

Where can I find more information about Vocera's ESG efforts?

More information can be found at Vocera's ESG page: www.vocera.com/environmental-social-governance.