BEEKS FINANCIAL CLOUD GROUP plc
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
- Social Responsibility
- Governance
Environmental Achievements
- Implementing energy-efficient practices in our operations, including the use of renewable energy sources in our offices and adopting an electric car scheme available to all staff
- Developing digital products that reduce the need for paper-based transactions, thereby minimising waste and resource consumption
- Partnering with vendors and suppliers who adhere to environmental best practices, ensuring that our supply chain is as sustainable as possible
- Achieved ISO 14001 accreditation
Social Achievements
- Prioritising employee well-being by offering competitive benefits, continuous learning opportunities, and a supportive work environment that champions diversity and inclusion.
- Rolled out an Electric Car Scheme where employees can save up to 60% on a new electric car.
- Introduced an HMRC approved Share Incentive Plan to encourage employee share ownership.
- Expanded charitable activities and local sponsorships, focusing on grassroots sports.
Governance Achievements
- Achieved SOC 2 Type 1 compliance for Proximity Cloud® and Exchange Cloud® products.
- Achieved ISO 22301 certification.
- Maintained compliance with standards and regulations such as ISO/IEC 27001, GDPR, NIST Cyber Security Framework (CSF) and Center for Internet Security (CIS).
Climate Goals & Targets
Environmental Challenges
- Cyber Risk (information security breach or cyber-attack)
- Key systems failure, disruption and interruption
- Actions of third parties and suppliers
- Other Operational risks (managing unexpected peaks or troughs in client demand)
Mitigation Strategies
- Strategic partnership with BlueVoyant for Managed Extended Detection and Response (MXDR) and incident response services.
- Investment and implementation of new layered security defences & mitigations (PAM, EASM, Security Awareness Training Platform).
- Continued enhancements to DDoS protection infrastructure.
- Extensive penetration testing of the Beeks infrastructure and services.
- Introduction of a Site Reliability Engineering (SRE) function.
- Continuous improvement of monitoring tailored to our systems, services and client base.
- Upgrade and enhancement of internal network and compute infrastructure.
- Thorough SOC2 compliant supplier onboarding procedure.
- Regular key supplier management meetings.
- Reviewing the performance of key suppliers and considering alternative options.
- Increased total available telecommunications bandwidth globally and introduced additional telecommunications and internet providers.
- Core of highly skilled permanent staff along with a pool of temporary staff.
- Engaging international businesses to operate within our technology platform.
Supply Chain Management
Responsible Procurement
- Partnering with vendors and suppliers who adhere to environmental best practices.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Exchange Cloud® (high-density compute racks)