Climate Change Data

Osirium Technologies PLC

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

Environmental Metrics

Social Achievements

  • Strengthened senior management team with appointments in Marketing, Sales, and Customer Service.
  • Successful early engagement with existing customers deploying Opus second generation task automation offering.

Governance Achievements

  • Adopted the 2018 Quoted Companies Alliance Corporate Governance Code.

Climate Goals & Targets

Environmental Challenges

  • Loss of a major client & supporter
  • Loss of a relationship with major supplier
  • Development of new technologies that may adversely impact the group’s proprietary software
  • Increasingly competitive cybersecurity software market.
  • Dependence on continued services of Directors and senior management and ability to attract and retain skilled personnel.
  • Dependence on various sales channels and reseller network.
  • Dependence on ability to increase sales of products to new prospects and renew contracts with existing customers.
  • Reputational risks from undetected software defects, legal/regulatory issues, and other business issues.
  • Dependence on third-party software licenses.
  • Operational disruptions from events beyond its control.
Mitigation Strategies
  • Specific relationship management systems for clients and suppliers.
  • Ongoing research and development into various technologies.
  • Continued investment in product to maintain market leadership.
  • Appropriate incentivisation structures to attract and retain employees.
  • Expanding sales channels and reseller network.
  • Effective POC programs demonstrating immediate value.
  • Nightly backups and recovery plans for business operations.
  • Regular review of third-party software compliance.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Gartner Magic Quadrant for Privileged Access Management