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Magnit (formerly PRO Unlimited) Announces Environmental, Social and Governance Policy

Business Wire | July 19 2022 |

Magnit (formerly PRO Unlimited) furthers commitment by partnering with Carbonfund.org and will use offset purchases to reduce its carbon footprint

BURLINGAME, Calif.--(BUSINESS WIRE)--Magnit (formerly PRO Unlimited), an Integrated Workforce Management (IWM) platform provider, today unveiled its environmental, social and governance (ESG) commitment focused on several goals for maintaining the sustainability of the environment, the community, and the economies in which Magnit operates. To help further these goals, the company is also announcing a new partnership with Carbonfund.org, a leader in building sustainability initiatives for corporations and individuals.

“Our business is about making people’s work lives better — and that extends beyond the four walls of an office,” said Kevin Akeroyd, CEO at Magnit (formerly PRO Unlimited). “It’s no secret that socio-economic and environmental factors affect individuals’ health, happiness and productivity. At PRO Unlimited, we view our ongoing ESG initiatives as integral to our overall mission.”

In March 2022, the company announced its intention to align with the United Nations’ Sustainable Development Goals on climate action. As part of this initiative, Magnit (formerly PRO Unlimited) committed to prioritizing sustainable operations by:

  • Working toward net-zero status with Science-Based Targets initiatives.
  • Switching its electricity mixture to include maximum renewable energy available at all sites.
  • Reducing business travel and renting hybrid or electric vehicles whenever possible.
  • Training managers to weigh the environmental impact of their decisions.
  • Reevaluating in-office recycling and reuse policies.

The Carbonfree® Partner Program provides businesses with a route to carbon neutrality through educational initiatives and carbon offset projects. As a Carbonfree® Partner Program member, Magnit (formerly PRO Unlimited) will leverage the organization’s third-party validated carbon offset programs—which include investments in forestry projects, renewable energy, and energy-efficient architecture—to meet its ongoing sustainability goals. Magnit’s participation in the Carbonfree program will support the company’s goal of carbon neutrality.

The company is also part of the United Nations’ Global Compact, the world's largest corporate sustainability initiative.

About Magnit (formerly PRO Unlimited)
Serving hundreds of the world’s most recognizable brands, Magnit (formerly PRO Unlimited) offers modern workforce management and a partner ecosystem supported by data, software, intelligence and services to meet your flexible workforce needs. Magnit’s Integrated Workforce Management Platform can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency and expertise to serve as the holistic platform for the modern workforce. Headquartered in Burlingame, CA PRO has helped global brands and organizations achieve operational and financial success for more than 30 years. www.magnitglobal.com

About Carbonfund.org
Carbonfund.org is leading the fight against climate change, making it easy and affordable for any individualbusiness or organization to reduce and offset their climate impact. Carbonfund.org manages America's first carbon neutral product label, the Carbonfree Certified Products Program, proud to be part of Amazon's Climate Pledge Friendly Program.

Contact
Andrew Petro, Account Manager
Matter Communications
PROUnlimited@matternow.com

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