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Descartes Releases 2022 Environmental, Social and Governance Report

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The Descartes Systems Group Inc.
The Descartes Systems Group Inc.

ATLANTA and WATERLOO, Ontario, May 06, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that it has released its 2022 Environmental, Social and Governance (“ESG”) report.

“Descartes plays an important role in uniting the people and technology that move the world, which includes being mindful of ESG issues,” said Edward Ryan, Descartes’ CEO. “We’ve listened to our various stakeholders – including customers, suppliers, employees and shareholders – to better understand the ESG initiatives that are most important to them. We’ve focused on ESG initiatives where Descartes can have the most influence, whether it be directly through our own business or indirectly through the businesses we work with.”

Descartes’ ESG report identifies many areas where the company has progressed on ESG initiatives, including the following:

  • Descartes’ positive environmental impact, including helping customers reduce carbon emissions, paper use and fuel consumption;

  • Descartes’ role in helping customers meet their own social and governance initiatives, including compliance with economic and trade sanctions imposed in connection with advancement of geopolitical issues;

  • Descartes’ commitment and investments in data privacy and security;

  • Descartes’ efforts in developing a diverse, capable employee team working in a healthy and rewarding work environment; and

  • Descartes’ commitment to admirable business conduct and ethics.

The full Descartes ESG report is available here.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack
Tel: +1(800) 419-8495 ext. 202025
cstrohack@descartes.com

Investor Relations Contact
Laurie McCauley
Tel +1 (519) 746-6114 x202358
lmccauley@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' plans and progress towards various ESG initiatives including the potential beneficial environmental impacts from the use of Descartes solutions; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.