FigBytes included in Smart Innovators: Sustainability Management Software Report
FigBytes Launches State of Minnesota Sustainability Website
GATINEAU, QC October 1, 2019 /3BL Media/ FigBytes, (“FigBytes” or “the company”), the leading cloud-based strategic integrated strategy and sustainability software platform, today announced that its client, the State of Minnesota’s Office of Enterprise Sustainability, a division of the Department of Administration (“the State”), has launched a live website powered by FigBytes’ sustainability software platform, which showcases real-time tracking of the State’s sustainability progress.
In 2018, FigBytes won a competitive tender from the State of Minnesota’s Office of Enterprise Sustainability. The initial project was broken down into two phases which are now complete. Phase one was a complex sustainability data collection and performance tracking system, and phase two, a transparent, public-facing website, capable of communicating the State’s goals and showing progress in close to real-time with a monthly reporting cadence from 24 State departments.
The State’s live Sustainability website utilizes the FigBytes Inc. sustainability platform to link the six main focus areas of the sustainability plan to corresponding performance data from 24 government departments. The six main focus areas include:
- Greenhouse Gas Emissions
- Energy Consumption
- Sustainable Procurement
- Fleet Fossil Fuel Consumption
- Solid Waste
- Water Consumption
The State’s sustainability website can be viewed here: https://sustainability.mn.gov
“This dashboard gives Minnesotans an inside view at each state agency’s sustainability progress,” said Lieutenant Governor Peggy Flanagan. “The State is setting a new standard for accountability in sustainability that measures real progress in conserving energy and water to combat climate change, and also saves money.”
“The Walz/Flanagan Administration has set a bold vision to reduce Minnesota’s carbon footprint and lead the nation in addressing climate change,” said Department of Administration Commissioner Alice Roberts-Davis. “The dashboard and annual report track overall progress towards meeting our goals and enables data driven decision making.”
The news release from the State of Minnesota can be viewed here: http://bit.ly/2lVGSs9
FigBytes CEO, Ted Dhillon said: “We have entered an era where sustainability is about forward-looking, transformational change, and we are seeing governments, companies, and non-profits, setting ambitious stretch goals that they wish to track in real-time, rather than focusing on rear-view mirror reporting. It is very exciting to see a US State leading the way on communicating real-time progress on the biggest issue facing humankind. The opportunity to collaborate with the State of Minnesota’s Office of Enterprise Sustainability on this ground-breaking initiative has been a revelation on what is possible when the intention to enact meaningful commitment to climate action, meets technology. We very much look forward to continuing to join the dots, both for Minnesota, and for other forward-looking organizations around the world.”
The FigBytes sustainability platform provides sustainability/CSR professionals with a fully integrated, scalable suite of powerful cloud-based sustainability modules, including strategy mapping, environmental and social impact data management, using visualizations and data-driven storytelling. All of these elements are linked together to provide a “strategic sustainability” approach that can connect everything critical for the organization from activities “in the field”, to an integrated board room strategic view. The solution is supported by a services team that is consistently recognized for providing unsurpassed customer service, training, and support.
About FigBytes
FigBytes is a leading cloud sustainability and integrated strategy software company which helps its customers to integrate the principles of environmental sustainability and social impact into their core strategy, performance, and brand. FigBytes is the only platform that includes the United Nations SDGs as an embedded framework within their platform. FigBytes replaces outdated, disconnected reporting tools with a cloud-based system that can transform raw data into intuitive and beautiful visualizations of strategy, performance, and brand. FigBytes is where purpose meets data. The company is headquartered in Gatineau, Canada with partners located internationally. To learn more about the FigBytes solution, visit figbytesbrandung.kinsta.cloud.
About the State of Minnesota’s Office of Enterprise Sustainability
In August of 2016, Admin created the Office of Enterprise Sustainability (OES), modeled after similar initiatives in Minnesota’s major companies, to partner with state agencies to reduce state government’s carbon footprint, leverage industry expertise and best practices, and increase accountability in sustainable operations. With the help of OES, Admin plans to reduce greenhouse gas emissions 80% by 2050. Learn more about OES: https://mn.gov/admin/government/sustainability/
FigBytes Inc. Wins Two Awards from Export Outaouais for Market Leader and Market Diversification
Strategic Sustainability Software Leader Continues Global Growth
Gatineau, Quebec, CA, September 23, 2019 /PRLog/ FigBytes Inc. (“FigBytes”), the leading cloud-based strategic sustainability/CSR reporting software announced that it is the recipient of two MercadOr awards from Export Outaouais, a regional export promotion organization in the Gatineau, QC region, where FigBytes is a registered company. FigBytes garnered two awards from a total of seven awards categories: The Market Diversification Award and Export Leader Award.
The 6th annual awards ceremony took place September 19, 2019, in Gatineau, after a rigorous application process where local businesses provided detailed narratives of their export strategies and initiatives for their goods and services beyond the borders of Quebec. Winners are entered for the provincial MercadOr awards presented by Commerce International Quebec, with finalists in this category to be announced October 30, 2019. The awards ceremony will take place in Laval, QC on November 20, 2019.
Ted Dhillon, FigBytes CEO, accepted the awards in person and said, “It’s an honour to be recognized for FigBytes’ ability to effectively engage and nurture lasting business relationships with clients around the world, and demonstrates the vast potential a global digital market provides Canadian companies. The appetite for innovative technology, wherever its origin, empowers us to grow business relationships without borders.”
Claude Belisle, President of Export Outaouais commented, “The jury recognizes FigBytes as an export leader through its ability to quickly integrate new markets into its global presence. The FigBytes team has created a clear, inspiring vision and a robust platform that allows them to surpass major players in their industry in over a hundred countries. Export Outaouais is proud to celebrate FigBytes’ successes and achievements.”
Mr. Dhillon added, “We would like to thank our tireless FigBytes team and esteemed clients, without which, these awards would not be possible. Our ability to offer our product and services digitally to virtually any market creates several advantages, including reducing our carbon footprint, an important consideration when managing the social and environmental data for our clients is core to our business.”
About FigBytes
FigBytes Inc. is an enterprise SaaS platform that empowers corporations, governments, and non-profits, to integrate the principles of strategic purpose, environmental sustainability, and corporate social responsibility (CSR) into core business strategies, brand, performance, and reporting. We connect high level strategy to data and report progress towards goals utilizing our unique Living InfographicsTM and data-driven storytelling.
About Export Outaouais
Affiliated to the Chambre de Commerce de Gatineau, Export Outaouais is mandated by the Quebec Ministry of Economy and Innovation, and Canada Economic Development, to support local businesses in exporting their goods and services outside of Quebec. In collaboration with our partners, we provide personalized services and expert access to match businesses’ aspirations in developing new markets.
Private Equity-Backed FigBytes Acquires Unison’s Global Sustainability Platform
Gatineau, QC,January 25, 2019 /CSRwire/ FigBytes Inc. (FigBytes), has acquired the global sustainability platform of Detroit, MI-based Unison (Unison), representatives from both companies have confirmed. The deal closed on January 25th, 2019. Financial terms were not disclosed.
The acquisition is a continuation of FigBytes’ long-term growth strategy, which has been a key focus for FigBytes CEO, Ted Dhillon. “Our mission at FigBytes has always been to accelerate the world’s progress towards the UN’s Sustainable Development Goals. Given Unison’s pioneering work in sustainability measurement, we see the addition as a natural fit.” said Dhillon.
In tandem with this acquisition, FigBytes has secured private-equity investors who are driven by their impact investment strategy in the sustainability sector. The company will use the funding to build on its pioneering work in making sustainability strategic, visible, and real-time.
“We’ve spent the past five years intensely focused on elevating sustainability to the boardroom for corporations, governments, & non-profits alike. Companies, cities, and other mission-based organizations want to move beyond traditional compliance and retrospective reporting to showing real-time progress towards their forward-looking goals, which are increasingly being linked to the UN Sustainable Development Goals. This is a major step towards achieving our vision of bringing the world together around the journey to 2030,” said Colin Grant, FigBytes’ Chief Commercial Officer.
As part of this Acquisition, Unison’s Chief Executive Officer, Mohammad Hamid, will join FigBytes’ Board of Directors where he will focus on the firm’s growth in North America and the Middle and Far East, while also driving FigBytes’ acquisitions. Previously, Hamid was the CEO of Conadus, a global leader in cybersecurity, until it was acquired in 2012.
Additionally, FigBytes has announced that Johann S. Wong has joined the company as a Partner, where he will lead the company’s investment strategy. Mr. Wong has an extensive background in corporate finance and alternative investments. He was previously the founder and CEO of HedgeWorld.com, which was acquired in 2005.
FigBytes’ Vision and Strategy
As it continues its momentum in 2019, there are three key themes the company will focus on: i) building a flexible global platform; ii) bridging the sustainability ecosystem’s go-to-market gaps; and iii) meeting the needs of marketplace today, balanced with our vision and solutions.
“While there has been a proliferation of sustainability-oriented companies over the past decade, the vast majority are still very small and focused on market niches. By having the vision, strategy, and proven operating team to make a significant capital investment, with a long-term orientation, we believe that we can build a global platform that transforms the sustainability market,” said Mr. Wong.
Commenting on FigBytes’ approach to the marketplace needs, Mr. Hamid said, “In collaboration with FigBytes’ impact investment partners, we are excited to launch our new strategy, which is to accelerate the progress of the SDGs by providing focused and collaborative solutions to corporations, governments, and non-profits.”
From a product standpoint, the company plans to add further fuel to their engine. “In emergent solution categories such as sustainability, there is a tendency to build products that are ahead of the market, in terms of needs and budget. And while FigBytes views investment in the product as a critical success factor, we see an incredible opportunity to disrupt existing solution categories in the marketplace,” said the company’s Chief Technology Officer, Sonam Devgan.
About FigBytes
FigBytes is a SaaS technology company that provides sustainability solutions to corporations, governments, and foundations that accelerates the world’s pathway to achieving the UN’s Sustainable Development Goals. FigBytes empowers organizations to integrate the principles of environmental sustainability and (CSR), into core business strategies, integrating strategy, brand, performance, and reporting. FigBytes connects high level strategy to data and shows progress utilizing innovative visualizations that go beyond conventional charts and graphs. FigBytes replaces fragmented modes of communication including presentation decks, PDFs, spreadsheets, and outdated data management systems with a cloud-based system that transforms raw data into visually engaging results.
About Unison
Unison helps the world’s largest organizations create and enhance relevance, engagement, and trust with their key stakeholders. Using a combination of the right people, processes, and technology, Unison’s global team provides deep insights into key shifts in attitudes and behaviors among employees, customers, suppliers, investors, regulators, and society. By engaging with Unison, clients are able to operate at the apex of organizational performance, all while maintaining their commitment to operating sustainably and responsibly.
Since 2012, Unison’s Stakeholder Insights Platform has been leveraged by Fortune 500 organizations across five key industry sectors: Healthcare, Manufacturing, Financial Services, Energy, and Retail. Unison’s ground-breaking work in addressing the C-suite’s most critical challenges has been featured in The New York Times, Financial Times, Reuters, and Forbes.