MASHINIi

Open Text Corporation.

OTEX.US | Computer programming activities

Open Text Corporation is a Canadian company that develops and sells enterprise information management (EIM) software. Its products help organizations manage and gain insights from their data, content, and business processes. Open Text's offerings include content services, business network, digital e...Show More

Ethical Profile

Mixed.

Open Text Corporation presents a mixed ethical profile, with notable commitments to environmental sustainability. The company aims for net-zero emissions by 2040 and a 50% reduction by 2030 from a 2022 baseline, alongside a zero-waste to landfill target by 2030. In FY24, Open Text reported a 74% waste diversion rate and reduced energy consumption to 149,861 MWh. While Scope 1 and 2 emissions decreased, Scope 3 emissions reportedly increased from 100,815 to 107,650 tonnes CO2e between FY23 and FY24. Open Text is included in the Dow Jones Sustainability North America Index and holds an MSCI ESG Rating of AAA. Information regarding fair pay, worker respect, or honest business practices is largely unavailable.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect50
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

No evidence available to assess Open Text Corporation on Better Health for All.

Fair Money & Economic Opportunity

0

Open Text Corporation is an enterprise information management software company, not a financial institution that lends, insures, moves, or stores money for consumers.

1
The company's core business involves developing and selling software solutions to various industries, including financial services, but it does not directly offer financial products or services to consumers.
2
Consequently, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to Open Text Corporation's business model, and no relevant evidence was found in the provided articles to score any of these KPIs.

Fair Pay & Worker Respect

50

In FY24 and FY25, the company reported a global lost-time injury rate of 0 per 200,000 hours worked, with zero workplace accidents resulting in lost time.

1
Analysis in Canada and the U.S. indicated no systematic pay gaps between visible minority (non-white) and non-visible minority (white) employees across common roles, locations, and experience levels, based on voluntary data.
2
The company states a commitment to equal pay for equal work and believes it has achieved this in its workplace.
3
In FY24, the employee engagement score was 75 out of 100, with an 84% survey participation rate.
4
As of FY25, 211 out of 21,436 employees (approximately 0.98%) were on temporary contracts.
5
The company offers a wide variety of group benefits, including medical, life, and disability, in more than 37 countries.
6
In the U.S., no increases were made to health care premiums for employees and their families despite rising medical inflation, and a travel stipend was introduced for healthcare services not available in-state.
7
In Canada, a free telemedicine program was implemented.
8

Fair Trade & Ethical Sourcing

0

No evidence available to assess Open Text Corporation on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Open Text Corporation on Honest & Fair Business.

Kind to Animals

0

OpenText Corporation is a software company, and the provided articles do not contain specific, quantifiable evidence related to animal welfare, animal testing, or animal-derived products. While the company supports environmental initiatives and ethical sourcing generally, there is no direct information or measurable data that aligns with the specific KPIs under the 'Kind to Animals' value. Therefore, no KPIs can be scored based on the strict evidence requirements.

No War, No Weapons

0

The provided articles do not contain specific, quantifiable data points for any of the KPIs related to the 'No War, No Weapons' ethical value. While one article mentions OpenText's solution being used by a US Department of Defense contractor, it does not provide any information on OpenText's revenue from such contracts, the nature of the technology as dual-use, or any transparency measures.

1
Other articles discuss general ethical sourcing trends or OpenText's humanitarian donations without providing the specific financial proportions or policy details required by the rubric. Therefore, no KPIs can be scored based on the available evidence.

Planet-Friendly Business

-40

Open Text Corporation reported total Scope 1, 2, and 3 greenhouse gas emissions of 161,784 tCO₂e for FY24, which is an increase from 158,033 tCO₂e in FY23.

1
The company has committed to science-based carbon reduction targets, including a 50% reduction in Scope 1, 2, and 3 emissions by 2030 from a 2022 baseline, and a net-zero target by 2040.
2
However, the specific targets and their validation by the SBTi are not detailed. The company has a waste diversion rate of 74% and aims for zero waste to landfill from operations by 2030.
3
Open Text states it adheres to all applicable environmental laws, regulations, and standards, with no reported violations.
4
The company has a net-zero target year of 2040.
5
Open Text has partial TCFD mapping but lacks scenario analysis.
6

Respect for Cultures & Communities

0

No evidence available to assess Open Text Corporation on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Open Text Corporation on Safe & Smart Tech.

Zero Waste & Sustainable Products

-30

OpenText reported a waste diversion rate of 74% from 5 key sites for the fiscal year 2023-2024.

1
The company has set a target to achieve zero waste from operations by 2030.
2
Various waste reduction initiatives have been implemented, including water bottle refill stations and reusable cutlery.
3
No waste disposal violations or citations were mentioned in the provided articles for the reporting period.
4

Own Open Text Corporation?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.