Corporate Responsibility
We are committed to conducting business in an ethical manner and to working towards a better future. We believe that our efforts to fulfill this commitment contribute to our objectives of creating value for our stakeholders, including stockholders, employees, customers, partners, the communities in which we work, and the global community at large, and helping make the world a better place, and we look forward to our next steps on this journey.
Committed to strong corporate governance and ethical conduct
Verint values
We have five core values that inform how we operate and the way we conduct our business:
- The integrity to do what’s right
- The innovation to create leading solutions for real-world challenges
- The transparency that fuels mutual trust and productive, collaborative working relationships
- The humility to view our successes as milestones in our journey, and our mistakes as opportunities for improvement
- A passion for making our customers and partners successful
These values are at the heart of our business activities, engagements, and relationships with stakeholders.
Encouraging our employees to make the most of their skills
Business continuity management
Verint recognizes the critical role of Business Continuity Management (“BCM”), and has established resources and guidelines designed to ensure the availability of Verint business functions and services to customers and partners in the event of emergency or other operational disruption.
Our BCM efforts focus on maintaining continuity in the delivery and support of our products, as well as traditional back-office support functions, in the event of an emergency or disruption. The BCM efforts also include robust IT backup and recovery processes. Verint has put in place the infrastructure, policies, and procedures to allow employees to work remotely. We also require our key suppliers and subcontractors to define and maintain their own business continuity management plans and to make them available to Verint for review upon request. We have not historically experienced material performance issues, material service disruptions, or material customer downtime in our cloud-based product offerings.
Verint ESG Report
Read Verint’s 2024 ESG Report. This report details the Environmental, Social, and Governance (ESG) sustainability policies and programs that underscore our ongoing commitment to creating value for our stakeholders, including stockholders, employees, customers, partners, the communities in which we work, and the global community at large, and of helping make the world a better place, and we look forward to our next steps on this journey.
Sustainability strategy
At Verint, we aim to engage in business practices that reduce our environmental impact.
As part of our environmental sustainability program:
- Nearly all of our product offerings are available in the cloud, which may reduce energy usage compared to traditional on-premises deployments. Our multi-tenant cloud offerings result in sharing computing resources among many customers, where we can achieve economies of scale, and may result in a reduction of energy consumption and carbon emissions.
- Nearly all of our product development and testing is done in the cloud. Some customers may experience lower energy consumption when migrating comparable workloads to our cloud-delivered solutions; impacts vary by configuration, utilization, and data center efficiency.
- In FYE 25, we completed our efforts to fully transition both our internal data centers and our external cloud operations to third-party cloud service providers, enabling us to leverage technology partners to provide best-in-class data center and cloud services at scale.
- We seek to reduce our carbon footprint by partnering with cloud service providers that have a commitment to reduction of carbon emissions or net-zero targets.
- We work to optimize our cloud platform and cloud product offerings by improving central processing unit usage and reducing resource consumption.
- For our deployments that are on-premises or hybrid, we typically fulfill the software electronically via download (as opposed to shipment of physical media).
- We have implemented a hybrid work model and have reduced our office footprint around the world, thereby reducing our office electrical consumption and emissions associated with employee commutes to and from Verint office locations. For our remaining offices, we strive to reduce energy consumption, such as through the use of motion sensor light switches, smart thermostats, and the configuration of computers and monitors to enter sleep mode when not in use. Our Hong Kong and India offices are also located in buildings that have green certifications under local standards.
- When appropriate, we encourage virtual rather than in-person meetings, in part to reduce the greenhouse gases associated with travel.
- We are certified for the ISO 14001 Environmental Management Standard in our Columbia, Maryland location.
- We encourage our suppliers to operate in an environmentally responsible manner.
- We provide our employees with recycling opportunities in many of our offices.
- As we continue to understand environmental risks and opportunities in an evolving landscape, we will continue to develop and enhance our programs, where beneficial.
Verint Next Generation
- We seek to give back to the communities in which we live and work. In 2005, we launched the Verint Next-Generation Program, which engages our employees around the globe in projects that benefit children in need.
- As part of the program, our employees have engaged in various community activities, including supplying food pantries, participating in blood drives, collecting clothing and school supplies, building playgrounds, cleaning parks, and planting gardens.
- We are also proud to support our employees’ community service activities with programs for donating employee time to qualified children’s organizations and matching grants.