Our Approach
Bango approaches sustainability and social responsibility from a pragmatic standpoint. The Bango ESG focus is not viewed as a separate exercise to be “completed”, but as a core part of the Bango strategy, integrated into work life and management processes. Through this integrated approach, Bango ensures every area of the business delivers sustainable benefits for our customers, employees, and investors. Read more about our approach to sustainability in the Bango 2024 Sustainability Report here.
The three major areas of focus for Bango’s sustainability plans are:
Protecting the Environment
- Bango takes actions to reduce the environmental impact of our business as an integral part of our business strategy and operating processes.
- The key focus areas for environmental sustainability are continued measurement and reduction, engaging our people and achieving Net Zero by 2040. More information on each of these areas and our aims can be found in the 2024 Bango sustainability Report here.
- Bango has been certified as a carbon-neutral business for scope 1, 2 & 3 emissions since 2020. This is an important milestone that many of the largest technology companies have yet to obtain but we are keen to do more. For any emissions that were unable to be eliminated during the period, Bango has invested to offset. Investments include Direct Air Capture Technology and Carbon Credits to support biodiversity, conservation & restoration projects. For detail on the carbon neutral certification, please see the PAS 2060 Qualifying Explanatory Statement, found here.
- As a software platform provider, power required for data centers is a significant contributor to Bango’s environmental footprint. Bango limits the impact in various ways, for example, all Bango data centers source 100% of their energy from renewable sources and Bango ensures all equipment is recycled rather than being disposed of.
- As a digital business much of Bango is already paperless. When paper is required, employees limit the environmental impact by using only recycled and recyclable paper products.
- Bango recognizes the impact of travel on the environment and has taken actions to reduce the impact, such as: finding alternatives to work-related travel, promoting and encouraging the use of public transport where possible and offering employees a cycle-to-work scheme and an electric car leasing program.
- In the workplace, Bango provides training to ensure staff can take into account their individual environment impact. Bango reduces the need for disposable products in our workspaces and sources recycled items wherever possible.
For more information, please read our environmental policy.
Social
- Bango is committed to high standards in the field of Corporate Social Responsibility and recognizes that, in doing so, we will create significant value for all stakeholders and a rewarding environment for our employees.
- Bango social sustainability is built around creating a positive environment for its people. For more information, see the Bango Sustainability Report here.
- The Bango THRIVE values – transparent, happy, reliable, innovative, victorious and expressive – set high standards for everyone at Bango. They are fundamental to why Bango is such a special place to work and are values that everyone across the business commits to.
- Each year Bango conducts an employee engagement survey to measure how the company lives up to these high standards. Feedback given is used to produce an engagement survey action list so that we can continue to improve. The success of this is shown with the current engagement score of 79% for 2023.
- Bango believes that equality, diversity and inclusion are three vital ingredients for a thriving, vibrant company. Bango aims to make the most of the collective talents of its staff by promoting diversity as a key objective and benefit to the business. Bango employees are encouraged to visit and work from regional offices, to better understand the workplace and social cultures of the countries from which we operate. With people from 34 different countries Bango benefits from different backgrounds, perspectives, and talents. The Bango employee base is 68:31.6:0.4 male:female:non-binary, the leadership team is 67:33 male:female and the Board is 67:33 male:non-male.
- In 2022, Bango conducted its first D&I survey and used the findings as a basis to develop a 6-pillar action plan. The pillars cover; awareness & understanding, policies & procedures, recruitment, how we lead, events and impact on the community. Each of these pillars has an executive team sponsor, action group lead and team members from across the organisation. In 2023, a D&I committee was created, made up of people across Bango keen to ensure D&I is an area of continuing progress.
- Bango continues to invest in improving training, mentoring and awareness internally, as well as in projects externally in the community.
- Bango employees are encouraged to bring their social interests to the company and undertake activities that support community projects. Bango co-funds these initiatives. In addition, rather than select one charity, Bango matches money raised by employees for charity. In 2023, Bango supported 18 charitable causes.
For more information, please read our social policy.
Commercial
- The Bango approach to sustainability is about being both a responsible business and a commercially successful one. For Bango, sustainability and commercial success are complementary.
- Leading on sustainability provides an opportunity for competitive advantage, both in terms of winning new clients and attracting investment. More than that, inaction is a material commercial risk. The Bango sustainability approach mitigates this risk and puts the business in a position to take advantage of the commercial opportunity.
- Bango puts in place processes to track instances where its sustainability approach supports commercial objectives.
- Bango provides a shared software platform for the subscriptions bundling industry, this eliminates the need for companies to develop multiple versions of their own, siloed subscription bundling platforms. This significantly reduces the computational load across the industry as a whole, which in turn eliminates unnecessary redundancy and unsustainable duplication of resources.
- Bango educates and trains its sales team so that they have the necessary understanding and information to make sustainability a competitive advantage in securing commercial partnerships.
- Bango engages with investors on key ESG areas and how Bango is
managing risk discusses key sustainability priorities with investors and analysts.