Building the Future: Lightspeed Publishes its Second Annual Sustainability Report
11 7월 2023 - 9:03PM
Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is proud to announce
its second annual Sustainability Report is now live. Powering the
world’s best businesses, Lightspeed is the unified POS and payments
platform for ambitious entrepreneurs to accelerate growth, provide
the best customer experiences and become a go-to destination in
their space.
This latest Sustainability Report is a continuation of
Lightspeed’s mission to strengthen communities and empower
businesses around the world. The report outlines Lightspeed’s
Environmental, Social and Governance (ESG) initiatives and
highlights for the fiscal year ended March 31, 2023 ("Fiscal
2023").
“When I founded Lightspeed in 2005, we were a small group of
four employees. Now Lightspeed has teams in over 10 countries
across three continents,” said Dax Dasilva, Founder and Executive
Chair of Lightspeed. “While a lot has changed, our commitment to
building strong, diverse and sustainable communities remains the
same.”
Some highlights of Lightspeed's sustainability initiatives
include:
- Lightspeed continues to partner with Sustainably Run to offer a
Carbon Free Dining program. Through this partnership, Lightspeed
customers can offset carbon emissions associated with their diners
by planting trees. As a result of this partnership, over 1.4
million trees have been planted at the date of this
publication.
- Lightspeed is proud to support non-profit organizations like
TupuToa, Fondation Émergence and Fondation KANPE, which empower
underrepresented groups.
- According to Lightspeed’s annual diversity, equity and
inclusion and engagement survey, 86% of its employees feel that
they can be their authentic self at work.
- Lightspeed’s employee base includes 10% LGBTQ2S+, 5% persons
with disabilities and 30% BIPOC representation.
In addition to partnerships and internal initiatives, the report
highlights businesses using Lightspeed to transform our world for
the better and build vibrant, diverse communities. One such
business is Electric Movement, a retailer that sells, rents and
repairs electric bikes and scooters in Old Town Chicago. The shop
and its staff are on a mission to reduce carbon emissions by
enabling locals to use micro mobility vehicles. Atticus Conway, a
Manager at Electric Movement, notes that Lightspeed’s embedded
payments solution “makes stuff a lot easier on my end. With us only
having to run one batch at the end of the day, it gives me more
face-to-face interaction with our customers.” Those conversations
with customers make all the difference as Electric Movement becomes
the go-to space for electric micro mobility solutions in the
city.
“This second edition of our Sustainability Report showcases how
amazing our customers are,” adds JP Chauvet, Lightspeed’s Chief
Executive Officer. “They’re exceptional. They’re running stores and
restaurants that make a huge difference in their communities. I’m
incredibly proud of each and every one of them.”
Find out more about our mission on our website:
https://www.lightspeedhq.com/sustainability/.
About Lightspeed
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale and provide exceptional customer
experiences. Our cloud commerce solution transforms and unifies
online and physical operations, multichannel sales, expansion to
new locations, global payments, financial solutions and connection
to supplier networks.
Founded in Montréal, Canada in 2005, Lightspeed is dual-listed
on the New York Stock Exchange (NYSE: LSPD) and Toronto Stock
Exchange (TSX: LSPD). With teams across North America, Europe and
Asia Pacific, the company serves retail, hospitality and golf
businesses in over 100 countries.
For more information, see www.lightspeedhq.com.
Follow us on social media: LinkedIn, Facebook, Instagram,
YouTube, and Twitter.
Forward-Looking Statements
This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are statements that are predictive in nature, depend
upon or refer to future events or conditions and are identified by
words such as "will", "expects", "anticipates", "intends", "plans",
"believes", "estimates" or similar expressions concerning matters
that are not historical facts. Such statements are based on current
expectations of Lightspeed's management and inherently involve
numerous risks and uncertainties, known and unknown, including
economic factors. A number of risks, uncertainties and other
factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission, all of which are available
under our profiles on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media Contacts:
Canada: Victoria Baker, NKPR -
victoriab@nkpr.net
USA: Jennifer Fugel, Newsmaker Group -
jfugel@newsmakergroup.com
Lightspeed Media Relations -
media@lightspeedhq.com
Investor Relations: Gus Papageorgiou,
Lightspeed Investor Relations -
investorrelations@lightspeedhq.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/da844c4b-66db-4924-88d7-8bd7091d8b4a
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