Shift Technology Is Committed To Reducing Its Carbon Footprint Through A Multi-Pronged Strategy

Paris /PRNewswire/ - Shift Technology , a provider of artificial intelligence-powered decision optimization solutions for the insurance industry, today unveiled a strategy to reduce its carbon emissions and overall environmental impact. The company aims to achieve carbon neutrality as part of its Science-based Targets Initiative (SBTi) commitment, while collaborating with its ecosystem to reduce the carbon footprint of its supply chain.

Guided by its core mission to improve outcomes for its customers, employees, and the planet, Shift recognizes that its decisions and actions can also significantly impact the environment, positively or negatively. The company's carbon reduction plan includes direct initiatives as well as indirect efforts, such as participation in carbon offset programs.

“Working with insurers, we see firsthand the negative impact of climate change and the resulting extreme weather on our clients and their policyholders,” said Jeremy Jawish, CEO and co-founder of Shift Technology. “We have the opportunity and the responsibility to make a difference, and our strategy is designed to do just that.”

Shift has already taken the following steps to reduce its carbon footprint:

• Travel : Eliminating non-essential air travel, subsidizing public transportation for employees who travel to the office, and encouraging the use of virtual interaction tools.
• Data Centers and Cloud Service Providers : Partnering with the most energy-efficient and low-carbon data centers and cloud service providers.
• Office spaces and infrastructure : priority given to suppliers and equipment that meet ESG standards.
• Recycling : Expanding recycling programs for computer equipment, cell phones, food products and containers.
• Working practices : Flexible or fully remote working options to reduce travel and office space requirements.

Additionally, Shift plans to launch a carbon offset program focused on carbon capture, renewable energy projects, and forestry, biodiversity, and land use, both in France and elsewhere in the world, to maximize its impact. The company's progress will be reported in our annual carbon footprint report and then independently assessed and rated by Ecovadis.

About Shift Technology
Shift Technology offers the only AI-powered decision automation and optimization solutions for the insurance industry and its customers, from underwriting to claims management, while delivering a better customer experience, increased operational efficiency, and reduced costs. The future of insurance starts with better decision making. Learn more at Shift Technology.