See Xero’s social and environmental impact
Xero is out to change the game in numerous ways for millions of small businesses and the communities in which they operate.
Communities
Xero supports staff to undertake voluntary work in the community during paid work hours, and supports many community groups, and for-purpose organizations including nonprofits.
Environment
Xero is taking action towards a net zero carbon footprint, as well as looking at how we can reduce our carbon emissions and improve our waste, travel, recycling and energy use.
Diversity and inclusion
Xero values diversity and inclusion in the workplace. We recognize that a diverse workforce is a strength that enables us to better serve customers, attract top talent and innovate successfully.
Business support
Our goal is to help small business thrive. We’re committed to making a positive impact on people in small businesses by providing wide-ranging support.
Our commitment
We are committed to deepening our partnerships with community support groups, and fine-tuning our environmental practices in every aspect of our global business operations. And we see that the impact we have on our customers and partners will help bring about changes that have the potential to transform our social and natural environments.
Scope of our impact
Xero is a young, fast-growing company, and we’re proud of what we’ve achieved so far. We are early in our journey to formalise our approach to corporate citizenship and believe we have the foundations to make significant contributions to the environment and sustainability. The role we play in society at large is also important, and we intend to align our present and future efforts around social and environmental impact to our purpose. This is to make life better for people in small business, their advisors and communities around the world.
Our focus
We’ve appointed a Social and Environmental Impact Advisor who will steward programs to focus and report on the following areas:
Building on established efforts to deliver further environmental and sustainability initiatives which reflect Xero’s purpose, values and strategic direction.
In alignment with our purpose, building out programs that will engage and contribute to thriving communities around the world.
Championing diversity and inclusion to cultivate our engaged global workforce.
Recognition
Global investor rating agencies and sustainability rankings have recognized Xero's efforts to positively contribute to environmental sustainability and commitment to ethical operations. Xero has been recognized in FTSE Russell ESG Rating FTSE4Good Index Series and as of 2020, Xero has received an MSCI ESG Rating of AA. We have also been rated by RobecoSAM and ISS-Oekom. Xero was also named as one of 380 companies globally to be included in the 2021 Bloomberg Gender-Equality Index.
FTSE4GOOD Australia 30 Index
Xero has now been included in the FTSE4GOOD Australia 30 Index. Created by the global index and data provider FTSE Russell. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
