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CyberRighTech SDG

Evaluation

INTRODUCTION

The first publication focusing on the contribution of Cobwebs to the United Nations Sustainable Development Goals (SDGs).
2020 has brought with it critical global challenges and illustrated the level of cooperation needed for the promotion of a sustainable and resilient path for humanity. The Covid-19 pandemic, alongside its economic and social implication, has made it clearer than ever before that businesses must step up and play a role in solving global problems. In accordance with the times, Cobwebs Technologies has taken upon itself the commitment to do business responsibly and to actively work towards the achievement of the United Nation’s Sustainable Development Goals. As a pilot, we implemented the CRT SDG Evaluation as a first step to comprehensively analyze our SDG exposure. This assessment represents our first deep dive and quantitative analysis of CRT SDG exposure. The results confirm much of what we expected and also identify new considerations and focus areas for further analysis. While the evaluation provides valuable first insights, we do not see it as being a fully developed approach to measure our SDG impacts. We strongly believe that all businesses stand to benefit by reviewing their SDG impacts and enabling greater potential contributions. Here at Cobwebs, we will continue to explore how we can contribute to the SDGs. We also encourage our industry peers and others to work together, with us, to promote cross-sector collaboration that will improve transparency on the SDGs and help shape comprehensive strategies to ensure their success.

THE SDG

The UN’s global SDGs are a universal call to action to end poverty, protect the planet and improve global political and economic stability. Through 17 bold commitments and 169 sub-targets, the goals seek to drive global action across social, environmental and economic development issues up until 2030. Each goal is interlinked, and they influence each other in many ways.

Since they were launched in 2015, the SDGs have come to represent a global call to action for stakeholders from all countries to address the greatest barriers facing society. Adopted by all 193 UN Member States, they provide the first ever globally consistent framework that unites governments, businesses and civil society to deliver positive change.

Businesses have a key role to play and the SDGs have provided a global platform for increasing stakeholder awareness of companies’ impacts on society. However, while they are an important tool for improving transparency and benchmarking, the SDGs were originally intended to support countries’ sustainable development.

Little to no guidance was available when they were launched on how businesses should measure and report on their SDG impacts.

As a result, companies have struggled to consistently translate the SDGs into tangible business activity. New guidance has emerged in recent years, including guidelines published in 2017 by the UN Global Compact and GRI on Business Reporting on the SDGs.

2018 also saw the launch of the World Benchmarking Alliance which aims to identify consistent benchmarks as an essential tool for measuring and comparing corporate performance on the SDGs.

Find out more about the UN Sustainable Development Goals.

Cobwebs Technologies and the SDGs

This year, Cobwebs Technologies conducted an in-depth analysis process of our activities and internal policies as they relate to the 17 SDG. We looked at possible positive and negative impacts, both direct and indirect in order to assure full alignment with the SDGs. This process helped us identify and prioritize goals and specific targets, based on where we could make the most impact and achieve the most progress.

Promote Peaceful and Inclusive Societies for Sustainable Development, Provide Access to Justice for All, and Build Effective, Accountable and Inclusive Institutions at All Levels.

Ensure Healthy Lives and Promote Well-Being for All of All Ages.

Achieve gender equality and empower all women and girls.

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Take Urgent Action to Combat Climate Change and Its Impacts

Cobwebs Technologies’ Prioritized SDGs

Safety

Goal 16: Promote Peaceful and Inclusive Societies for Sustainable Development, Provide Access to Justice for All, and Built Effective, Accountable and Inclusive Institutions at All Levels

Prioritized targets:

16.1 Reduce all forms of violence and related death rates

16.2 End abuse, exploitation, trafficking and torture of children

16.4 Reduce illicit financial and arms flows

16.a Strengthen relevant national institutions’ capacity to prevent violence and combat terrorism and crime

For Cobwebs Technologies, promoting a peaceful and just world means first and foremost the embedding of human rights in our own practices, under the notion that every person has the right to be treated with dignity. While Cobwebs Technologies’ products are geared at promoting safe societies, we acknowledge the potential threats our products could pose to individual rights, as well as our responsibility to respect and uphold human rights. With that, Cobwebs Technologies underwent a rigorous due diligence process by CybeRighTech and developed a comprehensive human rights policy, relevant to product development, sales, contractual arrangements, and auditing mechanisms. Through this process, we were able to identify and mitigate risks of rights infringement and commit to values of accountability and transparency. Cobwebs Technologies also committed itself to prevent end-user misuse of its technology, both through assuring “Human Rights by Design” and through conducting due diligence of clients. Finally, we appointed a Chief Compliance and Ethics Officer, responsible for ongoing quality assurance in relation to human rights. Following this process, Cobwebs Technologies was granted a Human Rights Quality Seal. With Cobwebs Technologies’ main mission being using intelligence-enhanced security for a safer world, we conduct investigations in the fields of anti-terrorism and terror financing, cybercrime, drug trafficking, money laundering and more. We engage in pro-bono work with think tanks to advance research on anti-terrorism and combat terror financing, and with media outlets support investigations related to trafficking in persons, including the exploitation of children. Cobwebs offers free seminars and webinars accessible to investigators and organizations worldwide on issues including how to combat trafficking in persons on the dark web, financial crime investigations, and more. From a national institution’s perspective, Cobwebs Technologies’ products strengthen financial institutions, providing them with automated and enhanced due diligence and anti- money-laundering practices. Furthermore, we conduct webinars targeted towards law enforcement institutions and national security agencies related to operational security and protection from data breaches.

Health

Goal 3: Ensure Healthy Lives and Promote Well-Being for All in All Ages

Prioritized targets:

3.3 Prevent the spread of epidemics and communicable diseases.

3.d Strengthen capacity to handle national and global health risks

Cobwebs Technology’s commitment to making the world a safer place through technology includes assuring the health and well-being of all people. Through its products, Cobwebs Technologies seeks to protect society at large from health threats using web data collection and analysis. With the outbreak of the COVID-19 global pandemic, Cobwebs Technologies saw an opportunity to utilize its advanced investigative artificial intelligence-based technological solutions to limit the spread of the COVID-19 virus and its deleterious effects on societies and economies. Cobwebs Technologies developed a smart software tool with predictive abilities and has been collaborating with governmental authorities worldwide to develop models of potential spreads, identify hotspots, and support policymaking to curb the pandemic – all while using non-intrusive and privacy-respecting holistic solutions. Cobwebs Technologies has also put measures in place to ensure the health and safety of her employees worldwide, including the appointment of an officer responsible for following local laws and regulations at all of our facilities, increasing teleworking capabilities, and implementing a strict office hygiene policy.

Equality

Goal 5: Achieve gender equality and empower all women and girls

Prioritized targets:

5.1 End discrimination against all women and girls everywhere.

5.2 Eliminate all forms of violence against all women and girls in the public and private spheres, including trafficking and sexual and other types of exploitation.

5.5 Ensure women’s participation and equal opportunities for leadership at all levels of decision-making.

Goal 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all

Prioritized targets:

8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.

The field of cybersecurity suffers from underrepresentation of women and minorities, with the share of women in the sector being approximately 20%. Cobwebs Technologies stands in support of gender equality and recognizes the importance of women’s inclusion in mitigating cybersecurity risks. Women at Cobwebs Technologies represent 33% of our workforce, including in head of department roles. We offer career development opportunities to all of our employees, including by helping fund employees’ continuing higher education and enhancing their leadership skills. Employment opportunities at Cobwebs Technologies are available regardless of race, color, sex, religion, national origin, age, sexual orientation, marital status, pregnancy, political affiliation, disability, or another legally protected status. This principle applies to all aspects of the employment relationship, including recruiting, hiring, training, work assignment, promotion, transfer, termination, and wage and salary administration. Our Code of Ethics and Business Conduct emphasizes our commitment to a work environment free of discrimination or harassment, including sexual harassment, and employees can report incidents to a designated person in the company. Cobwebs Technologies is also committed to the principle of equal pay for equal work, with workers of similar positions and experience earning equally. Our wage ratio between top and bottom salary is 4:1, and 90% of our employees are direct hires.
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Environment

Goal 13: Take Urgent Action to Combat Climate Change and Its Impacts

Prioritized targets:

13.2 Integrate climate change measures into national policies, strategies, and planning.

Cobwebs Technologies is committed to complying with environmental, health, and safety laws and regulations. We are committed to minimizing the environmental impact of our business through selecting technological solutions that reduce energy consumption and environmental footprint, promoting efficient energy use in all areas of business activity, considering alternatives to business travel, and ensuring staff is aware of their impact on the environment. We have undertaken several efforts to minimize our own negative environmental impact. Moving our software solutions to secure cloud operations, for instance, has minimized our carbon footprint drastically while also providing our clients with cybersecurity peace of mind and ease of use and access. The field of cybersecurity suffers from underrepresentation of women and minorities, with the share of women in the sector being approximately 20%. Cobwebs Technologies stands in support of gender equality and recognizes the importance of women’s inclusion in mitigating cybersecurity risks. Women at Cobwebs Technologies represent 33% of our workforce, including in head of department roles. We offer career development opportunities to all of our employees, including by helping fund employees’ continuing higher education and enhancing their leadership skills. Employment opportunities at Cobwebs Technologies are available regardless of race, color, sex, religion, national origin, age, sexual orientation, marital status, pregnancy, political affiliation, disability, or another legally protected status. This principle applies to all aspects of the employment relationship, including recruiting, hiring, training, work assignment, promotion, transfer, termination, and wage and salary administration. Our Code of Ethics and Business Conduct emphasizes our commitment to a work environment free of discrimination or harassment, including sexual harassment, and employees can report incidents to a designated person in the company. Cobwebs Technologies is also committed to the principle of equal pay for equal work, with workers of similar positions and experience earning equally. Our wage ratio between top and bottom salary is 4:1, and 90% of our employees are direct hires.
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