SoundThinking Releases Third Environmental, Social, And Governance (ESG) Report
20 November 2024 - 8:00AM
SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety
technology provider, is proud to announce the release of its third
annual Environmental, Social, and Governance (ESG) Report. The
report highlights the company's mission to facilitate technology
solutions that help law enforcement become more efficient,
effective, and equitable in creating positive community safety
outcomes.
"This ESG Report demonstrates our commitment to incorporating
ESG considerations into our operations, to delivering meaningful
impact and creating long-term value," said Ralph Clark, President
and CEO of SoundThinking. "We are dedicated to fostering
trust, promoting equity, and ensuring that our technology is used
responsibly and ethically."
The ESG Report demonstrates SoundThinking's progress in
addressing the complex challenges of public safety and justice
through technology innovation, while maintaining high standards of
transparency and accountability. The report presents data, metrics,
and real-world examples that showcase the company's commitment
to:
- Public Safety Technology and Community
SafetySoundThinking's SafetySmart™ platform brings
together specialized software and objective data to help law
enforcement and civic leadership better protect their communities.
The technology enables consistent, rapid, and precise response to
gunfire incidents, while supporting more efficient investigative
work. Through data-driven solutions, these tools help agencies
optimize their resources and responses to enhance public safety
outcomes in the communities they serve.
- Social ImpactThe report underscores
SoundThinking's engagement with local community organizations to
share information and support community safety initiatives. These
activities impact the lives of individuals in the communities the
company serves, supporting agencies and organizations in their
efforts to create safer neighborhoods. SoundThinking continues to
expand its Data for Good program, which provides critical data and
tools to organizations outside of policing to help efficiently
direct social resources to address root-cause issues that drive
crime and violence.
- Governance, Transparency and TrustThe ESG
Report provides insights into SoundThinking's governance structure
and oversight mechanisms, including its commitment to diversity,
equity, and inclusion throughout the organization. The company has
strengthened its security framework through enhanced measures and
operational controls, establishing dedicated AI governance roles to
ensure responsible technology development. These efforts, combined
with robust standards of data protection and business conduct,
demonstrate SoundThinking's commitment to maintaining stakeholder
trust.
- Environmental SustainabilitySoundThinking
acknowledges its responsibility to minimize its environmental
footprint through sustainable practices and innovative technology
applications. The company demonstrates this commitment through
energy-efficient product design, expanded e-waste management and
recycling programs, and implementation of solar-powered solutions.
Additionally, SoundThinking continues to apply its technology
expertise to environmental protection, including efforts to
preserve marine ecosystems in the Coral Triangle from damaging
impacts.
The ESG Report adheres to the Sustainability Accounting
Standards Board (SASB) framework and aligns with the United Nations
Sustainable Development Goals (UN SDG).
For more information and to download the complete ESG Report,
please visit SoundThinking's website.About
SoundThinkingSoundThinking, Inc. (Nasdaq: SSTI) is a
leading public safety technology company that delivers AI- and
data-driven solutions for law enforcement, civic leadership, and
security professionals. SoundThinking is trusted by more than 300
customers and has worked with approximately 2,100 agencies to drive
more efficient, effective, and equitable public safety outcomes.
The company’s SafetySmart™ platform includes ShotSpotter®, the
leading acoustic gunshot detection system; CrimeTracer™, the
leading law enforcement search engine; CaseBuilder™, a one-stop
investigation management system; ResourceRouter™, software that
directs patrol and community anti-violence resources to help
maximize their impact; SafePointe®, an AI-based weapons detection
system; and PlateRanger powered by Rekor, a leading LPR solution.
SoundThinking has been designated a Great Place to Work®
Company.
Company Contact:Alan Stewart, CFOSoundThinking,
Inc. +1 (510) 794-3100 astewart@soundthinking.com
Investor Relations Contacts:Matt Glover and
Greg BradburyGateway Group, Inc.+1 (949)
574-3860SSTI@gateway-grp.com
Ankit Hira and Sean DalySolebury Strategic
Communications +1 (203) 546-0444ahira@soleburystrat.com
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