CM.com N.V.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainable innovation in mobile communications
- Increasing social contribution
- Reducing our environmental footprint
Environmental Achievements
- Increasing the amount of waste recycled by 10% in 2022 for Breda HQ (vs 2021)
- Decreasing the amount of industrial waste per person in kg by 5% in 2022 for Breda HQ (vs 2021)
- Recertification of ISO14001
Social Achievements
- 60% of R&D trainees of CM.com: first jobs after graduation
- Max 10% voluntary leave
- Target an average 80% score for the Trust Index of the annual employee engagement survey
- Salary multiplier for entry-level positions
- Career Planning Process
- No average gender pay gap during onboarding
- Worldwide mandatory ‘We are CM.com’ sessions (live and online)
- Launch of 10 projects within CM Group (with local scope) to activate our products, people and capital to do good for society
- Social Return on Investment (SROI) policy
Governance Achievements
- Implementation of a Global Sustainable Purchasing Policy
- ESG is integrated in new purchasing agreements
- Yearly 1 security/PEN test yearly per CM.com product
- 12x per year Security Awareness training/education
- Monthly vulnerability scan of external facing systems
- Onboard 1 additional product to Bug Bounty program each year
- Yearly review of all personal data processing activities
- Implementation of new privacy and databreach policy
Climate Goals & Targets
Long-term Goals:
- Reduce carbon footprint by 50% between 2022 and 2050
- Futureproof: acknowledged as ESG frontrunner in conversational commerce industry worldwide by being a frontrunner in the industry pushing for ESG standards by 2025
Medium-term Goals:
- Structurally cash flow positive towards the end of 2024
- Mid-term OPEX to revenue decrease to the low- to mid-20s
- Mid-term gross margin increase toward the high 20s
- Mid-term EBITDA margin improvement to mid-single digit
Short-term Goals:
- Return to structurally positive EBITDA towards the end of 2023
Environmental Challenges
- Macroeconomic headwinds and earlier than anticipated fade-out of COVID-related revenues
- Rising customer expectations and higher industry standards
- Evolving regulatory authorities with expanding scopes
- Continuing climate change and geopolitical risks
- Ongoing threats to the global supply chain
- Growing issues related to cyber-crime, data protection, and privacy
Mitigation Strategies
- Transition toward a path to profitability by leveraging acquisitions and streamlining existing business
- Strengthening the effectiveness and efficiency of the current employee base through training and development initiatives
- Sharpening employee value proposition, finetuning brand identity, doubling down on efforts to drive female leadership, and improving onboarding processes
- Enhanced 10-point model for organization-wide cybersecurity (CM^2)
- Standardizing security protocols across multi-cloud setup
- Introducing code quality tooling to improve end-to-end security of products
- Deepening integration between NOC and SOC
- Centralizing security compliance information by creating the CM.com Trust Center
- Expanding the scope of ISO 27001 certification and obtaining ISO 270017 and 27018 certifications
- Introducing new ways of working to detect bot attacks and report them automatically
- Introducing a service to detect if a phone number registered to a client is being used by cybercriminals
- Partnering with COIN to tackle smishing
- Implementing cost control measures
- Further decelerating the pace of OPEX growth in relation to revenue to a flat level in absolute terms, compared to FY 2022
- Continuing to focus on significant gross profit growth
- Using innovative technology to further enhance AI capabilities in conversational commerce
- Adjusting cost levels further if needed to reach the EBITDA objective
Supply Chain Management
Responsible Procurement
- Implementation of a Global Sustainable Purchasing Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, EU NFRD, EU Taxonomy
Certifications: ISO 14001, ISO 27001, ISO 27017, ISO 27018, ISO 9001, ISO 20000
UN Sustainable Development Goals
- SDG 8
- SDG 9
- SDG 12
- SDG 13
CM.com is committed to embedding the following four SDGs into our business by 2025: SDG 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all; SDG 9: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation; SDG 12: Ensure sustainable consumption and production patterns; SDG 13: Take urgent action to combat climate change and its impacts.
Sustainable Products & Innovation
- Successful launch of 2 innovative sustainable products or services
Awards & Recognition
- Great Place to Work certification