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