Climate Change Data

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)