ESG
Our Commitment to Environmental, Social, and Governance (ESG)
Download our 1st 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 best-in-class health technology company enabling care-focused engagement between life sciences organizations, healthcare providers, and patients, our corporate goals are aligned with the long-term 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). Our initial report provides disclosures on the 21 core ESG metrics across 4 categories: Governance, Planet, People and Prosperity.
In implementing ESG goals pertinent to our corporate purpose, we are guided by feedback from internal and external stakeholders, including our employees, investors, 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.
Governance
At OptimizeRx we stand by strong ESG principles of governance, which are foundational to achieving long-term value by aligning financial and societal performance, as well as by ensuring accountability with stakeholders. Our efforts include:
- Amending & Restating Company Bylaws
- Updating Board Audit Committee, Nominating & Governance Committee, and Compensation Committee charters
- Updating Company Code of Business Conduct & Ethics, Insider Trading Policy, and Employee Handbook
- Implementing Company Anti-Bribery & Anti-Corruption, Whistleblower Policy, Corporate Governance Guidelines, Regulation FD Policy, Related-Person Transaction Policy, Stock Ownership Guidelines
Governance documents including bylaws, board committee charters, and other policies can be found at the links below.
Planet
Our dependence on the environment must be managed effectively to ensure adequate response to planetary impacts by our business. Though the nature of our digital workplace and solutions leaves a comparatively low carbon footprint, we are continuously taking steps towards corporate responsibility of our global energy footprint including moving away from leased space on mainframes to cloud servers, programming cloud platforms to conserve energy during off-peak hours, and exclusively performing business transactions electronically through a contract lifecycle management system.
OptimizeRx is investigating solutions to monitor and disclose Scope 1 and Scope 2 carbon emissions, as well as recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) framework as they relate to both physical and transitional risks and opportunities.
To learn more about our environmental goals click here.
People
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, experience, thought by fostering an inclusive and collaborative atmosphere. We introduced a Diversity, Equity & Inclusion (DE&I) Committee in 2021 and committed to the Parity Pledge - pledging to interview and consider at least one qualified woman and underrepresented minority for every open role for a vice president position or higher. In 2022, our Board officially adopted the Parity Pledge to apply to selection criteria of future Board members as well.
Prosperity
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 and invested in research and development to contribute to the creation of better products and services that respond to the changing needs of our customers while creating both economic and social value for stakeholders.
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.