ABBYY CSR policy

Introduction

As a global company, ABBYY is aware of its social responsibility. It is our strong desire to put the knowledge and experience to the benefit of our customers as well as the wider community because we are convinced that good deeds breed more good deeds.

When implementing ABBYY’s social responsibility programs, as an intelligent automation company, we must not neglect our business interests, while changing the world around us for the better.

ABBYY CSR principles

ABBYY’s corporate social responsibility strategy is based on three principles:

Alignment with Business Strategy

ABBYY, as an intelligent automation company, is committed to developing innovative technologies that drive digital transformation leading to efficient business processes. Therefore, ABBYY is interested in investing in the development of Tech-related skills within the wider community.

Alignment with Corporate Culture

ABBYY aims to encourage responsible behavior and investing in ecosystems, society, and the environment, and welcomes feedback from both employees as well as our customers and partners, using it as an avenue for continuous improvement of its CSR strategy.

ABBYY encourages its global workforce to commit to responsible practices in their daily work, supported by the principle of “Doing the right thing” - one of the key drivers for our corporate culture. Feedback on social and environmental responsibility is welcomed both from the internal and external stakeholders, whose views help ABBYY shape its CSR strategy.

#OneABBYY Community Building support

ABBYY runs core CSR initiatives globally and regionally. These are accessible to all employees within the relevant global, regional, and local groups in which they are organized. Participation in these initiatives is encouraged across the organization, and informal groups are set up in order to aid teamwork and cooperation.

Additionally, ABBYY encourages employee-led CSR initiatives, especially at the local level. These employee-led activities should address local needs and be in line with Global CSR vision.

Volunteer Time off Program

ABBYY runs a Volunteer Time Off program across all offices. The company encourages employees to participate in volunteer activities by providing paid time off for volunteering (up to 2 working days per year). The main goal of the program is to encourage ABBYY employees to support the communities and environment we live in. The VTO program is a part of our Global ABBYY Corporate Social Responsibility (CSR) strategy and is an important part of the overall global employee benefits offerings. Employees can read more on the related intranet program page.

ABBYY Corporate Social Responsibility Budget

ABBYY’s CSR budget is planned and approved by ABBYY’s CSR Lead and Chief People Officer for each calendar year. The budget is allocated for global and local initiatives.

Global initiatives are chosen by CSR lead according to ABBYY’s CSR principles. All offices have their own CSR budget. Employees can suggest CSR initiatives, and access funding after receiving the necessary approvals. Employees can also propose global initiatives, which in some cases are approved and run across all the regions in which ABBYY operates.

The budget can be used throughout the year, and if it is not distributed by the end of a calendar year, the remaining budget will be allocated to Christmas or New Year charity initiatives selected by the local or global CSR Lead.

Environment

ABBYY is an intelligent automation company that reimagines the way people work and how companies accelerate business by delivering the intelligence that fuels automation platforms. ABBYY solutions transform enterprise data and empower you with the insights you need to work smarter and faster while minimizing adverse impacts on the environment. All ABBYY employees are acting to protect the environment by preventing and eliminating environmental pollution. You can learn more by checking ABBYY’s Environmental Policy.

Sustainability

ABBYY aims to build processes toward a more sustainable future. As a company, we align with selected UN Sustainable Developmental Goals (SDGs).

These are the main SDG’s ABBYY is committed to advancing:

• SDG#3 Good Health and Well-Being
• SDG#8 Decent Work and Economic Growth
• SDG#10 Reduced Inequalities
• SDG #13 Climate Action

ABBYY SDGs statement is to be prepared later.

Code of conduct

The Code of Conduct provides an introductory summary to ABBYY’s Compliance Policies. Compliance with this Code of Conduct is mandatory for all ABBYY employees (regardless of seniority level, country, and type of employment) as well as outsourced service providers and business partners. All employees must complete the annual Code of Conduct training.

The Code of Conduct contains sections on Corporate Social Responsibility and Environmental Protection which emphasizes its importance for ABBYY.

Review of the CSR policy

Considering the purpose of the organization, and the condition of the environment in which the company operates, ABBYY is committed to the continual improvement of its processes. ABBYY’s Global CSR strategy together with the current CSR policy is to be reviewed once a year to be aligned with the company’s processes, internal and external context.