Lightspeed's Annual Sustainability Report Highlights Commitment to ESG Initiatives and Community Engagement
Lightspeed Commerce Inc. recently published its fourth annual Sustainability Report for the fiscal year that concluded on March 31, 2025. This report marks a crucial step in the company's ongoing journey to enhance environmental stewardship and social responsibility across its vast network of retail and hospitality businesses, which span over 100 countries worldwide. According to Lightspeed's management, the report dives deep into the company's Environmental, Social, and Governance (ESG) initiatives and provides insightful highlights that showcase commitment to sustainable business practices.
Dax Dasilva, the founder and CEO of Lightspeed, emphasized, "At Lightspeed, we believe sustainability starts from within. This year, we've taken meaningful strides across all our pillars from advancing diversity, equity, and inclusion, to deepening community engagement, and elevating our ethical standards." The initiative reflects their dedication to creating an inclusive work environment where all employees can express their authentic selves, contributing to more diverse and innovative solutions.
Noteworthy highlights from the report include:
Among its sustainability initiatives, Lightspeed has collaborated with GiftTrees to launch a Carbon Friendly Dining program. This initiative allows diners to offset the carbon emissions generated by their meals through tree planting. By now, over 2 million trees have been planted through this program, showcasing Lightspeed’s commitment to not only supporting its customers but also contributing positively to the environment.
In conjunction with its internal initiatives, the report also emphasizes the impact of Lightspeed’s technology on independent businesses that shape vibrant local communities. A notable example is the Lightspeed Care Club, which provides a full year’s subscription of Lightspeed POS and Payments to a non-profit organization connected to an employee. In Fiscal 2025, recipients included New Zealand's Young Enterprise Scheme (YES), where 5,000 high school students benefited from free access to Lightspeed’s e-commerce platform as part of their curriculum. This initiative has enabled students to create their own small businesses, leading to hundreds of student-built websites and significantly enhancing their entrepreneurial skills.
Reflecting on Lightspeed's journey, Dasilva stated, "As we mark 20 years since our founding in Montreal, we're proud of the progress we've made—but we know there's still much more to do. Our vision for sustainable growth is ambitious, and we're excited to continue our journey alongside our employees, customers, partners, and the communities we serve."
The Sustainability Report offers a detailed account of the steps being taken to align business practices with core values of social equity, environmental sustainability, and governance transparency. The full report and further information about Lightspeed’s sustainability mission can be accessed through their dedicated website at Lightspeed Sustainability.
As Lightspeed continues to grow, its commitment to fostering stronger, more sustainable communities remains a central pillar of its operational philosophy. By striving for excellence across all areas from DEI (Diversity, Equity & Inclusion) to community engagement, the company positions itself as a leader in the increasingly important discourse surrounding sustainable business practices.
Dax Dasilva, the founder and CEO of Lightspeed, emphasized, "At Lightspeed, we believe sustainability starts from within. This year, we've taken meaningful strides across all our pillars from advancing diversity, equity, and inclusion, to deepening community engagement, and elevating our ethical standards." The initiative reflects their dedication to creating an inclusive work environment where all employees can express their authentic selves, contributing to more diverse and innovative solutions.
Noteworthy highlights from the report include:
- - An impressive 87% of employees expressed they feel confident being their authentic selves at work, based on Lightspeed's annual diversity and inclusion survey.
- - The company's workforce composition includes 11% LGBTQ2S+, 9% individuals with disabilities, and a commendable 34% representation of BIPOC (Black, Indigenous, and People of Color).
- - Notably, 43% of the executive team at Lightspeed identifies as women, reflecting a strong commitment to gender equality in leadership roles.
- - The introduction of the Family Building Benefit enables Canadian employees to access coverage for fertility procedures, surrogacy, and adoption, thereby supporting diverse family needs in line with the company's inclusive policies.
- - Lightspeed ranks among Canada's Most Responsible Companies as per Newsweek and Statista’s inaugural list, further solidifying its commitment to corporate social responsibility.
Among its sustainability initiatives, Lightspeed has collaborated with GiftTrees to launch a Carbon Friendly Dining program. This initiative allows diners to offset the carbon emissions generated by their meals through tree planting. By now, over 2 million trees have been planted through this program, showcasing Lightspeed’s commitment to not only supporting its customers but also contributing positively to the environment.
In conjunction with its internal initiatives, the report also emphasizes the impact of Lightspeed’s technology on independent businesses that shape vibrant local communities. A notable example is the Lightspeed Care Club, which provides a full year’s subscription of Lightspeed POS and Payments to a non-profit organization connected to an employee. In Fiscal 2025, recipients included New Zealand's Young Enterprise Scheme (YES), where 5,000 high school students benefited from free access to Lightspeed’s e-commerce platform as part of their curriculum. This initiative has enabled students to create their own small businesses, leading to hundreds of student-built websites and significantly enhancing their entrepreneurial skills.
Reflecting on Lightspeed's journey, Dasilva stated, "As we mark 20 years since our founding in Montreal, we're proud of the progress we've made—but we know there's still much more to do. Our vision for sustainable growth is ambitious, and we're excited to continue our journey alongside our employees, customers, partners, and the communities we serve."
The Sustainability Report offers a detailed account of the steps being taken to align business practices with core values of social equity, environmental sustainability, and governance transparency. The full report and further information about Lightspeed’s sustainability mission can be accessed through their dedicated website at Lightspeed Sustainability.
As Lightspeed continues to grow, its commitment to fostering stronger, more sustainable communities remains a central pillar of its operational philosophy. By striving for excellence across all areas from DEI (Diversity, Equity & Inclusion) to community engagement, the company positions itself as a leader in the increasingly important discourse surrounding sustainable business practices.
Topics General Business）
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