Vertex, Inc..
VERX.US | Computer programming activities
Vertex, Inc. is a global provider of tax technology solutions. The company develops and markets software and services that enable companies to automate and streamline their indirect tax processes, including sales and use tax, value-added tax (VAT), and other transaction taxes. Vertex's solutions are...Show More
Better Health for All
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The company being assessed is VERX.US (Vertex, Inc.), a provider of tax technology solutions. The provided articles that contain information relevant to the 'Better Health for All' value, such as details on medicines, patient assistance programs, clinical trials, and patent flexibility, pertain to Vertex Pharmaceuticals (VRTX), a different entity. The articles specifically about VERX.US focus on tax compliance software for various sectors, including the medical sector, and general corporate sustainability initiatives like power use efficiency and LEED certification.
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None of these articles provide specific, concrete data points or actions by VERX.US that directly relate to any of the KPIs under the 'Better Health for All' value, as environmental pollution control is explicitly excluded from this value.
Fair Money & Economic Opportunity
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Vertex, Inc. is a global provider of tax technology solutions for businesses, not a financial institution that lends, insures, moves, or stores money for consumers.
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Therefore, the company's core business model does not align with the scope of the 'Fair Money & Economic Opportunity' value, which primarily evaluates financial institutions' impact on financial inclusion and wealth building for underserved populations. The company does not offer lending or deposit services to consumers, nor does it provide consumer credit products.
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There is no evidence of revenue from high-cost financial products or penalty fees, or any direct impact on customer credit or savings outcomes.
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While Vertex supports educational programming for the state and local tax community, this is professional development, not financial literacy for consumers.
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The company's geographic presence in Canada and Europe is for tax software solutions, not financial service access points.
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The company's compliance with acts like Sarbanes-Oxley and FCPA relates to general business conduct, not fair lending practices.
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Fair Pay & Worker Respect
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Vertex Inc. reports a staff turnover rate of less than 3%, with an average employee tenure of 7.4 years.
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Employee reviews on Glassdoor indicate an overall employee rating of 3.9 out of 5 stars, which translates to approximately 78% on a 100-point scale.
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Additionally, 76% of employees would recommend working at the company, and 91% approve of the CEO.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Vertex, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Vertex, Inc. has a formal whistle-blower policy that includes a confidential and anonymous reporting line (Vertex Alert Line) and explicitly states no retaliation against good-faith reporters.
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However, the provided evidence does not detail independent investigation processes for these reports. The company also maintains an anti-corruption policy that explicitly prohibits bribery, including tax evasion, across all business operations.
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This policy provides details on facilitation payments, government officials, and third-party oversight, and references acts such as the US Foreign Corrupt Practices Act and the UK Bribery Act.
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The policy also includes third-party due diligence.
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Kind to Animals
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Vertex, Inc. (VERX.US) is a global provider of tax technology solutions.
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The company has no involvement in animal testing, fur, specialty leather, or animal-derived products.
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Its core business model does not include animal husbandry, captive operations, or activities that impact wildlife habitats.
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Therefore, all KPIs related to cruelty-free certification, alternative testing, humane certifications, wildlife conservation, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, and public policy engagement on animal welfare are not applicable to its operations.
No War, No Weapons
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The provided articles do not contain any specific, concrete data points or information relevant to Vertex, Inc.'s (VERX.US) involvement with arms manufacturing, military contracts, conflict facilitation, or related peace initiatives.
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The articles focus on general sustainability practices, philanthropic activities, and legal terms of use, explicitly stating that no data pertaining to the 'No War, No Weapons' value or its associated KPIs is available.
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Planet-Friendly Business
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In 2024, Vertex's total Scope 1, 2, and 3 greenhouse gas emissions were 564,553 tCO₂e.
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The company has set a new target to decrease GHG emissions by 42% by 2032, using a 2022 baseline, which it states aligns with the Science Based Targets initiative (SBTi), but validation is not explicitly mentioned.
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Vertex aims for net-zero Scope 1 and 2 emissions by 2030 and Scope 3 emissions by 2040.
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In 2024, 50% of the company's energy was sourced from renewables.
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As of 2024, 79% of Vertex's operated buildings are green certified, including LEED, BREEAM, SKA, and Fitwel certifications.
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The company diverted 57% of its total waste from landfill in 2024.
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Vertex completed a climate risk assessment in January 2025, indicating minimal transition and physical risks, and received a 'B' score in the 2024 CDP Climate Change survey.
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The company reports no material legal proceedings, GMP FDA enforcement actions, or recalls in 2024.
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Water stewardship assessments were conducted at 64% of real estate by square footage in 2023, and the company received a 'B' score in the 2024 CDP Water Security survey.
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Respect for Cultures & Communities
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No specific, concrete data points relevant to the 'Respect for Cultures & Communities' ethical value or its associated KPIs were found in the provided articles. The articles primarily discuss tax classification issues, e-invoicing requirements, and investor relations news focusing on financial results and strategic investments, without addressing social responsibility or community engagement.
Safe & Smart Tech
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Vertex, Inc. has not experienced any material impact to its business or operations from cybersecurity attacks to date, and has not identified risks from prior cybersecurity incidents that have materially affected the company.
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The company holds multiple security certifications including PCI, HIPAA, SOC 2, GDPR, ISO 27001, FedRamp, and CSA Star Level 1.
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Vertex conducts annual mandatory security awareness training for employees.
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Encryption is implemented using AES 256-bit and TLS 1.2+ for data in transit.
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The company has an established vulnerability disclosure program and a bug bounty program.
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Data retention is restricted to what is necessary, with archived copies for legitimate business purposes.
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Vertex complies with major regulations like GDPR and CCPA, and provides California residents with data rights.
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The company supports various multi-factor authentication methods, including SMS, email, hardware, software, TOTP, and U2F, and offers SSO support.
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Vertex's privacy policy states that it does not sell personal data and has not had documented incidents of unauthorized data use.
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Zero Waste & Sustainable Products
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The provided articles do not contain specific quantitative data for VERX.US (Vertex, Inc.) regarding the Zero Waste & Sustainable Products value. Articles
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explicitly refer to data from 'Vertex Resource Group Ltd.' or 'Vertex Pharmaceuticals', which are distinct entities from Vertex, Inc. Article
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, which is specific to VERX.US, states that it 'does not provide specific data relevant to the requested metrics for Zero Waste & Sustainable Products' and that 'No quantitative data related to waste diversion, product recyclability, packaging sustainability, recycled content, or other requested metrics is presented.'
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