Our Commitment to Environmental, Social, and Governance (ESG)
Download our 2023 Environment, Social, and Governance Report here.
At OptimizeRx, we have made a full commitment to Environmental, Social and Governance (ESG) principles to make a positive impact on our community, environment, and stakeholders. As a company enabling best-in-class health technology to promote and support care-focused engagement between life sciences organizations, healthcare providers, and patients, our corporate goals are aligned with the long-term ESG goals of our society to benefit our global community.
Our values are regularly evaluated against the Stakeholder Capitalism Metrics (SCM) of the World Economic Forum (WEF).
We are guided by feedback from internal and external stakeholders, including our employees, investors, shareholders, and the healthcare community.
Upholding our ESG values relies on a corporate culture of ethical conduct and integrity. We continue to focus and refine our practices within the World Economic Forum framework, acknowledging that a long-term commitment is essential to creating a better future.
At OptimizeRx, we stand by strong ESG principles of governance - by aligning financial and societal performance and ensuring accountability with stakeholders - that are foundational to achieving long-term value. Integrating ESG values into all aspects of our business is a journey. The pursuit towards ESG Principles of Governance is a top-down endeavor, and the Company’s Board of Directors and, in particular, the Nominating & Governance Committee are working closely with the Executive Team to ensure our business strategies and practices align with our corporate governance policies. In addition, in 2023, we updated our inaugural materiality matrix to identify the critical issues affecting our business and stakeholders. We continue to evolve while fostering an inclusive organization with a strong governing structure that supports long-term sustainability and social responsibility. We will continue to build on our ESG momentum as we refine and measure impact.
Governance documents including bylaws, board committee charters, and other policies can be found on the Governance Overview page and at the links below:
Our dependence on the environment must be managed effectively to ensure adequate responses to planetary impacts made by our business. While the nature of our digital workplace and solutions leaves a comparatively low carbon footprint, we are continuously taking steps towards corporate responsibility for our global energy footprint, including moving away from leased space on mainframes to cloud servers, programing cloud platforms to conserve energy during off-peak hours, and exclusively performing business transactions electronically through a contract lifecycle management system. In addition, in 2023, we conducted a preliminary review of the Scope 1 and Scope 2 emissions resulting from our US operations that aligns with the requirements for reporting Scope 1 and Scope 2 emissions as outlined in the Greenhouse Gas Protocols.
To learn more about our goals and report click here.
OptimizeRx is dedicated to providing a supportive and respectful environment to its employees. Understanding that diversity in all areas is essential to bettering a professional environment, OptimizeRx celebrates differences in cultural background and experience by fostering an inclusive and collaborative atmosphere.
We prioritize recruiting, retaining, and incentivizing a highly qualified workforce as the success of OptimizeRx is dependent on the skills, experience, and efforts of our employees. A skilled workforce not only improves a company’s performance, but also contributes to overall employee satisfaction and enhances human capital.
To learn more about our goals click here.
We recognize that our company’s value is increasingly reflected off the balance sheet through intangible assets and value drivers associated with economic and social prosperity. In efforts to support the ESG pillar of prosperity, we have provided transparency on economic value generated and distributed through our financial filings. We understand that innovation remains key to our success as a health technology company. Through technology innovation, OptimizeRx aims to create more, and better, digital solutions that respond to the current unmet needs of the US health system and anticipate future needs related to patient care journeys. We will continue to invest in research and development efforts that have direct impact on population health challenges, including health communications, patient affordability, cost of care delivery, equitable access to therapy, and medication non-adherence.
To learn more about our goals click here.
This report illustrates our commitment to ESG issues, offering transparency, detailing our progress to date and our future objectives.
To read the full ESG report click here.