Company: Diligent Corporation
Company Description: Diligent is the global leader in modern governance, providing SaaS solutions across governance, risk, compliance and ESG. Serving more than 1 million users from over 25,000 customers around the world, we empower transformational leaders with technology, insights and confidence to drive greater impact and lead with purpose.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Computer Software - Large
 Nomination Title: Diligent Corporation
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 155 words used.
Diligent is the global leader in modern governance, providing SaaS solutions across governance, risk, compliance (GRC) and ESG. With more than 1 million users from over 25,000 organizations around the world, we provide leaders with technology, insights and confidence to drive greater impact and lead with purpose. By leveraging powerful analytics, robotic process automation, and unparalleled industry data, we set ourselves apart from the competition. Our solutions provide board-level and C-suite leaders with relevant insights from across risk, compliance, audit and ESG—all in one place. This single source of truth gives them a holistic view of their organization, the ability to make better decisions, and a platform where they can securely and efficiently collaborate for better results. At Diligent, are agents of positive change. We are changing the way our customers operate and therefore changing the way organizations are run. Diligent empowers leaders to make better decisions for their organizations — and the world.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 240 words used.
Over the past two years, Diligent has made several large acquisitions including Galvanize, a global leader in SaaS GRC software, and Steele Compliance Solutions, Inc., a leader in ethics and compliance software, making Diligent the world’s largest GRC SaaS company. Another significant acquisition for the company was that of Accuvio, a leading environmental, social, and governance (ESG) data aggregation and reporting software company which enables Diligent to offer clients the most comprehensive ESG solution in the market. Diligent has also experienced incredibly strong year-over-year growth for its mission-driven business, resulting in more than 8,500 clients across public sector, community healthcare, primary education and nonprofit entities globally. With nearly every organization bringing their leadership and governance online, Diligent's BoardEffect software, a board management solution optimized for nonprofit organizations, has been implemented by nearly triple the boards and committees of any other provider focused on that sector. Through our recent partnership with FORTUNE, Diligent is aiming to create a new digital experience that will help board members and C-suite executives explore what it means to effectively govern, mitigate risk, ensure compliance, and provide leadership on ESG in a new era of stakeholder capitalism. As part of this partnership, we recently announced the Modern Board 25, which recognizes the most innovative and diverse boards – in terms of gender, age, nationality and skill set – among S&P 500 companies. Microsoft topped the list, followed by Hewlett Packard Enterprise, and Walgreens Boots Alliance.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 237 words used.
With the recent acquisitions of Galvanize and Steele, Diligent has achieved its goal of becoming the largest SaaS GRC provider. The integration of these companies paints an integrated GRC picture – from Audit, Risk, Information Security, Ethics and Compliance across an organization directly to the CEO, CFO and Board. Last year, Diligent acquired Accuvio, a leading ESG data aggregation and reporting software company. Together, we created the most comprehensive ESG solution in the market by aggregating next-generation ESG data across governance, risk, compliance, and diversity with natural integration points that bring critical intelligence to executives and the board. With the recent launch of Diligent ESG, Diligent is transforming the company side of the ESG data equation and tapping into existing data systems to surface usable information in near real time, while also arming organizations with the insights that will support long-term sustainable growth. With systems in place to collect, aggregate and review data, organizations can map progress against their own goals and tackle crucial next steps centered around disclosures and reporting. With our technology, organizations can bring together diverse datasets from multiple systems of record with different levels of security and access requirements. As a company, we also have our own ESG commitments to uphold. We understand our responsibility to our planet, to our community, and to the next generation. Diligent is committed to carbon reduction and has pledged to reach Net Zero Carbon Emissions by 2040.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 155 words used.
Diligent recently launched the Climate Leadership Certificate Program an interactive eLearning program that prepares organizations to oversee climate risk and create sustainable growth strategies that meet the challenges and opportunities of climate change. And coming soon is our ESG Leadership Certification, a virtual learning platform designed to help corporate directors, C-level executives and other modern leaders to address the ESG skills gap in the boardroom and C-suite to effectively address ESG challenges and opportunities. https://www.diligent.com/landing/climate-leadership-certificate/. On April 19th, FORTUNE and Diligent published the first-ever Modern Board 25 ranking, which recognizes the most innovative boards of directors among S&P 500 companies. The ranking is powered by the Diligent Institute and considers data around board expertise, director independence, tenure of independent directors, diversity, and more to rank companies on board effectiveness and environmental, social, and governance (ESG) issues. https://fortune.com/modern-board-25/
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