Belmont, California–(business wire)–RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, videoconferencing, collaboration, and contact center solutions, today announced that both the Frost and Sullivan Institute and MSCI have announced the company’s environmental, social , and a commitment to address corporate governance (ESG) issues:
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RingCentral has received the 2022 Enlightened Growth Leadership Best Practices Award from the independent non-profit Frost & Sullivan Institute. The award recognizes companies that have “achieved sustained financial growth over a decade” and companies that have “innovated to zero,” as well as companies that are globally positive in addressing environmental, social and corporate governance (ESG) issues. It rewards companies that make a difference. RingCentral was recognized for its use of innovative technology and efforts to promote diversity and inclusion, reduce greenhouse gas emissions, and highlight the importance of mental health.
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RingCentral recently upgraded its rating from A to AA (CCC to AAA) in the MSCI ESG Ratings Assessment, moving into the Leadership category. MSCI ESG Research measures a company’s resilience to long-term financial-related ESG risks and its ability to manage those risks relative to its peers. The research is designed to provide key insights to help institutional investors identify risks and opportunities that are often overlooked in traditional investment research. The MSCI ESG Ratings are also used to construct the MSCI ESG Indexes produced by MSCI, Inc.
RingCentral’s Chief Financial Officer, Sonalee Parekh, said: “The Frost & Sullivan Institute Awards recognize that achievement and good deed are not mutually exclusive. “Continuing to find ways to help is a priority for us, our star.
RingCentral has made notable progress towards building diversity and sustainability by addressing several relevant United Nations Sustainable Development Goals, including the adoption of responsible consumption and production practices. rice field. In 2021, RingCentral will diversify its supply chain by establishing a Diversity and Access Office, establishing a positive action plan, and investing his $23.4 million in minority community-owned supplier businesses We have accelerated our efforts to Data security and privacy are also top priorities. All RingCentral products are built from the ground up to inherently protect the integrity of customer data and minimize the risk of data leaks and security breaches.
“We have identified companies that have successfully blended business acumen with moral imperative. The Frost & Sullivan Institute leverages technology, influence and expertise to align with global priorities, We applaud RingCentral’s efforts to go beyond efforts to improve our ethos.” “Our proactive and unwavering approach to diversity and inclusion, emission reduction, data privacy and security is a standout for any other company in the cloud computing business.” We have set a gold standard that can be successfully imitated by
For more information on RingCentral’s commitment to ESG, see our 2021 Impact Report. The Impact Report highlights RingCentral’s commitment to corporate responsibility and the steps the company is taking for its employees, communities, shareholders and the planet. In 2021, RingCentral focused on building diversity across our business, supporting our employees, and extending the company’s reach to the communities that need it most. Impact report highlights include:
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26 Awards Recognizing RingCentral’s Diversity, Inclusion and Philanthropy
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$23.4 million invested in diverse suppliers
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$425,000 donated by RingCentral and its employees
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Added 6+ benefits to support mental health and work-life balance
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Over 400 nonprofits benefited through volunteerism and donations
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About Ring Central
RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on the powerful Message Video Phone™ (MVP®) global platform. More flexible and cost-effective than existing on-premises he PBXs and video conferencing systems, RingCentral empowers the modern mobile and distributed workforce to communicate, collaborate and collaborate via any mode, any device, anywhere. and connect. RingCentral offers three major products in its portfolio, including his RingCentral MVP™, a unified communications as a service (UCaaS) platform that includes team messaging, video conferencing and cloud telephony. RingCentral Video® is the company’s video conferencing solution with team messaging that enables Smart Video Meetings™. RingCentral Contact Center™ solution. RingCentral’s open platform integrates with leading third-party business applications, allowing customers to easily customize their business workflows. RingCentral is headquartered in Belmont, California, with offices around the world.
© 2022 RingCentral, Inc. All rights reserved. RingCentral, Message Video Phone, MVP, RingCentral MVP, RingCentral Video, RingCentral Contact Center, Smart Video Meetings, and the RingCentral logo are trademarks of RingCentral, Inc.
