Definitive Healthcare Joins UN Compact

Definitive Healthcare (NASDAQ: DH) reported its shares lower Wednesday, as the industry leader in healthcare commercial intelligence announced it has joined the United Nations Global Compact, the largest corporate sustainability initiative in the world.

Launched in 2000, the UN Global Compact has more than 15,000 companies and 3,800 non-business signatories based in over 160 countries and more than 69 local networks. By participating in the initiative, Definitive Healthcare is committed to aligning its operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption.

“At Definitive Healthcare, we strive to better our communities, create an open and inclusive workplace, and make the world a better place for all,” said CEO Robert Musslewhite.

“We are proud to join the UN Global Compact to provide more transparency into our corporate sustainability and advance broader global efforts for protecting people and the environment.”

Definitive Healthcare pointed out in its press release Wednesday it “invites all employees to come as they are and values the unique perspective, backgrounds, and voices of every employee. Employee-led affinity groups promote a sense of community, belonging, and understanding for employees. To support the company’s diversity, equity, and inclusion (DE&I) efforts, Definitive Healthcare has improved its hiring process to better identify diverse candidates and reduce bias, and the company participates in annual third-party audits to assess its operations and discover ways to improve DE&I.”

DH shares lost 82 cents, or 4.8%, to $16.19.