Declaration of commitment to sustainability

Timestamp's Sustainability Objectives & Goals

The TIMESTAMP Group, through its companies and all its professionals, is committed to creating long-term value in its actions.

We see sustainability as a central and essential pillar of our operations as a technology group with responsibility for the digital transformation of Portuguese and European society, through the development and implementation of digital solutions in various areas and dimensions of the digital value chain. 

We believe that, as a Responsible Group, we play an essential role in the energy transition, promoting energy-sustainable technological solutions; in the dematerialisation and digitalisation of processes; in the analysis and management of data for information and control; in increasing organisational efficiency and effectiveness; in the implementation of good procedural and digital practices; in the protection of organisations and citizens, based on ethical, egalitarian and inclusive principles.

We believe that we have a relevant role in our supply chain, by raising awareness and modelling our partners through the adoption of sustainable standards and requirements.

We believe that our professionals, imbued with the spirit of transformation that the principles of sustainability require, will be agents of change for our clients and society in general.   

On an ongoing basis, we want to identify, manage and mitigate the impacts and risks of our actions on the environment and society, monitor clear objectives and achievable targets, incorporate the principles of sustainability into the way we work, in the services we offer our clients and in our relationship with our internal and external stakeholders. 

Recognising that sustainability is a continuous journey that requires learning, innovation, reflection and permanent improvement, we are internally in the process of change, wanting to contribute to an equal and inclusive digital transformation of Portuguese society, operated by increasingly sustainable organisations. 

We are committed to leading by example, to making a positive difference in the market in which we operate, and to inspiring our employees, customers and partners to change towards a more sustainable future.

Objective 1: Reduce Carbon Footprint

• Goal: Contribute to reduce the company's carbon footprint by 2027.
  • Specific: Implement energy-efficient technologies and practices across all operations.
  • Measurable: Track carbon emissions annually.
  • Achievable: Use renewable energy sources, upgrade to energy-efficient equipment, and implement energy-saving protocols.
  • Relevant: Contribute to the global effort to combat climate change.
  • Time-bound: By December 2027.

Objective 2: Promote Sustainable Digital Solutions

• Goal: Develop and deploy at least 2 new energy-sustainable technological solutions by 2026.
  • Specific: Focus on solutions that enhance energy efficiency and sustainability in digital transformations.
  • Measurable: Count the number of new sustainable solutions launched.
  • Achievable: Allocate resources to R&D for sustainable technology.
  • Relevant: Support the energy transition and sustainability goals of clients.
  • Time-bound: By December 2026.

Objective 3: Foster a Culture of Sustainability Among Employees

• Goal: Ensure 100% of employees receive sustainability training by the end of 2026.
  • Specific: Develop a comprehensive sustainability training program.
  • Measurable: Track the percentage of employees who complete the training.
  • Achievable: Integrate training into onboarding and professional development programs.
  • Relevant: Empower employees to be agents of change.
  • Time-bound: By Oct 2026.

Objective 4: Enhance Sustainable Practices in Supply Chain

• Goal: Influence major suppliers to adopt sustainable standards by 2026.
  • Specific: Develop and implement a supplier sustainability awareness program.
  • Measurable: Monitor the percentage of suppliers adopting sustainability criteria.
  • Achievable: Provide support and resources to suppliers to help them improve sustainability practices.
  • Relevant: Extend sustainability impact through the supply chain.
  • Time-bound: By December 2026.

Key Performance Indicators (KPIs)

1. Carbon Emissions:

• Measure and report the total carbon footprint of the company annually.
• Track progress annually towards the reduction target.

2. Sustainable Solution Development:

• Number of new energy-sustainable technological solutions developed and deployed.
• Customer adoption rates of these solutions.

3. Employee Training:

• Percentage of employees who have completed sustainability training.
• Employee feedback and engagement levels regarding sustainability initiatives.

4. Supplier Sustainability Compliance:

• Percentage of major suppliers who improve adoption of sustainable standards.
• Progress reports on supplier sustainability improvements.

The action plan we drew up based on all the above assumptions is currently being implemented and regularly monitored.

Conclusion

Timestamp is committed to leading the way in sustainability within the technology industry. By setting goals, tracking progress with clear KPIs, and implementing a comprehensive action plan, we aim to create long-term value and drive positive change. Through strong leadership commitment and a culture of continuous improvement, we will inspire our employees, customers, and partners to join us on this journey toward a more sustainable future.

Lisbon, July 22nd, 2024