TaskUs Releases Inaugural ESG Report
October 19 2023 - 3:05PM
TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced
digital services and next-generation customer experience to the
world's most innovative companies, today announced the publication
of its inaugural Environmental, Social, and Governance (ESG)
report, highlighting full year 2022 performance and data. The
report showcases the progress TaskUs has made towards building a
long-term, sustainable company, and outlines some of the next steps
on this journey.
“Just as we earn the trust of clients by investing in the best
technology and people to provide best-in-class service, we are
equally committed to earning the trust of our many other
stakeholders with our commitment to ESG,” said Co-Founder and CEO,
Bryce Maddock. “This ESG report serves as a foundation for building
trust by sharing information about how we responsibly manage key
aspects of our business.”
The report offers a comprehensive overview of TaskUs’ efforts to
create a positive impact on people and the environment while
embedding strong principles of corporate governance and ethical
business conduct.
ESG Report Highlights
During 2022, TaskUs made investments in:
- A long-term commitment to sustainable
energy by supporting a novel fixed-price virtual power purchase
agreement, making significant progress in our transition to
low-carbon or renewable electricity.
- Efforts to foster a diverse and
inclusive workforce, which have been recognized by accolades such
as Comparably’s Best Company for Culture, Best Company for
Diversity, and Best Company for Women.
- Recent appointments to the Board of
Directors to further strengthen its diversity and corporate
governance expertise.
- The unique wellness practice
established to care for TaskUs teammates, which we believe sets an
industry standard for caring for trust and safety professionals, as
part of our holistic approach to workplace wellness.
- A cutting-edge
information security management system that follows industry best
practices and maintains compliance with leading information
security standards.
The TaskUs ESG report includes an appendix containing
disclosures that are informed and guided by prominent ESG reporting
frameworks such as the Sustainability Accounting Standards Board
(SASB) Software and IT Services standard and the recommendations of
the Task Force on Climate-Related Financial Disclosures (TCFD).
The TaskUs 2023 ESG Report is available for download here:
https://ir.taskus.com/environmental-social-governance-reporting
About TaskUs
TaskUs is a leading provider of outsourced digital services and
next-generation customer experience to the world’s most innovative
companies, helping its clients represent, protect, and grow their
brands. Leveraging a cloud-based infrastructure, TaskUs serves
clients in the fastest-growing sectors, including social media,
e-commerce, gaming, streaming media, food delivery and
ride-sharing, Technology, FinTech, and HealthTech. As of June 30,
2023, TaskUs had a worldwide headcount of approximately 47,000
people across 27 locations in 13 countries, including the United
States, the Philippines, and India.
Investor ContactsAlan KatzInvestor
Relationsalan.katz@taskus.com
Trent ThrashInvestor Relationstrent.thrash@taskus.com
Media ContactLisa WolfordCorporate
communicationslisa.wolford@taskus.com
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include all statements that are
not historical facts and include, without limitation, statements
reflecting our current views regarding our ESG progress and
activities. In some cases, you can identify these forward-looking
statements by the use of words such as “outlook,” “believes,”
“expects,” “potential,” “continues,” “may,” “will,” “should,”
“could,” “seeks,” “predicts,” “intends,” “trends,” “plans,”
“estimates,” “anticipates,” “positions us” or the negative version
of these words or other comparable words. Such forward-looking
statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could
cause actual outcomes or results to differ materially from those
indicated in these statements. These factors include but are not
limited to those described under “Risk Factors” in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2022
filed with the Securities and Exchange Commission (the “SEC”) on
March 6, 2023, as such factors may be updated from time to time in
our periodic filings with the SEC, which are accessible on the
SEC’s website at www.sec.gov. These factors should not be construed
as exhaustive and should be read in conjunction with the other
cautionary statements that are included in the Company’s SEC
filings. TaskUs undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future developments or otherwise, except as required
by law.
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