ECONOMY

Our Sustainability Report covers all Temenos operations as well as all financially consolidated activities. The report is prepared in accordance with Art. 964b of the Swiss Code of Obligations, which became mandatory for Swiss companies of public interest from 2023, in alignment with recommendations and standards issued by the Integrated Reporting Framework, in accordance with the Global Reporting Initiative (GRI) Standards and mapped to the Sustainability Accounting Standards Board (SASB) Software and IT Services Sustainability Accounting Standard. A double materiality assessment (externally verified) in accordance with the requirements of the EU Corporate Sustainability Reporting Directive (CSRD) has been performed to identify our material topics. Our Board of Directors acknowledges responsibilities and has approved and signed off the 2023 Temenos Sustainability Report according to the Swiss Code of Obligations. We also adhere to the requirements of Art. 964j-l of the Swiss Code of Obligations (Ordinance on Due Diligence and Transparency in relation to Minerals and Metals from Conflict-Affected Areas and Child Labour). We have determined that we are exempt from the obligations of due diligence and reporting obligations on minerals and metals from conflict-affected and high-risk areas and in relation to child labor.

This is our eighth Sustainability Report. No restatements were done. We have assured the content through an internal review process, including Board of Directors and executive oversight of reviews and validation. Apart from the internal review process, an independent third party, Grant Thornton S.A., has provided its assurance on Temenos’ Sustainability Report 2023. The scope of the assured information is indicated in the independent practitioner’s assurance report. Our first report with GRI was published in 2017.

We are very proud of Temenos ESG performance, and the recognition we have gained as the leader in ESG in the IT industry. We have now topped the Dow Jones Sustainability Index with the highest score in the software industry for the second year running. This is alongside similarly high rankings from S&P, FTSE4Good, MSCI, ISS, Sustainalytics, CDP, EcoVadis and the SXI Switzerland Sustainability Index. This recognition demonstrates our commitment to sustainability, and the positive impact we make by supporting our clients to achieve their ESG goals and transition to a low-carbon economy.

Temenos is a member in some of the most reputable organizations and associations globally such as the World Economic Forum and the Global Compact Network

Switzerland. The company is UN Global Compact (UNGC) participant, UN Women Empowerment Principles signatory, TCFD supporter and TNFD early adopter.

At Temenos, we endeavor to act with integrity in everything we do. This philosophy influences all of our stakeholder relationships. For our people, we foster the entrepreneurial and meritocratic culture that makes Temenos a unique place to work. For our customers, this means putting them at the center of everything we do, listening to them to make the enhancements that they want and continuing to invest in the products to protect clients’ investments and ensure that their Total Cost of Ownership (TCO) remains low.

To find out more about our company’s governing bodies and the policies and principles that guide them please click here.