Exiting new chapter as we continue to evolve to best serve clients
Today’s initial public offering (IPO) on the New York Stock Exchange (NYSE) is a major milestone for our iconic brand and storied history. It is the start of a new chapter as we continue to transform and evolve the way we bring value to our clients across the globe. While Dun& Bradstreet has stayed true to its roots as a provider of business information — and the well-established Dun & Bradstreet D-U-N-S® Number is still an important part of how we deliver value — we’ve evolved to offer much more advanced business decisioning data and analytics, becoming even more mission-critical to our clients, helping them to grow and thrive in all economic conditions.
The transformation which our new executive team started in early 2019 resonated well with clients and generated fast adoption by employees, ultimately leading us to be able to reintroduce Dun & Bradstreet to the public markets more quickly than anticipated. We are so proud of our team for the focus and effort they have demonstrated.
Clients tell us that their need for business data and analytical insights will only increase over time and they need to have the utmost confidence in partners like us. We are enthusiastic in our ability to continue to focus on innovation to create new products that may solve future problems for our clients, as well as continue to expand and enhance the data we make available to customers, helping them to guide winning strategies and take more intelligent actions. And, of course, we will continue to expand our presence in international markets.
Today’s IPO is perhaps particularly noteworthy given it comes after several months of challenging global conditions. We are especially proud of our team’s ability to stay focused on serving our clients’ needs during these recent troubling times - both with COVID-19 and civil unrest.
With regards to COVID-19, we were able to seamlessly activate our enterprise business continuity plan. 100 percent of our workforce successfully moved to a work-from-home situation and we had no disruption to clients. Our team Dun & Bradstreet really leaned in during the crisis, coming up with solutions, analytics and insights to help our clients manage through the unusual situation. Importantly, we embraced the opportunity to join forces with the U.S. government to inform the development and distribution of the U.S. Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, and we are currently offering complimentary services to public and private sector clients so that they can gain the data and insight they need so agencies such as the Federal Emergency Management Agency (FEMA) can better manage local relief and recovery efforts, while small businesses can position themselves for funding and to restart their operations. Together with our team members, over $X has been donated in support of COVID relief.
Recently as civil unrest began to unfold, employees responded in ways that were inspired by our belief as a company that we must show one another the respect, kindness and compassion necessary to build cohesion and trust in our community. We often reiterate to our team that you can make almost any mistake in the workplace and continue to work here but if any person fails to treat any of our people with dignity because of race, gender, sexual orientation, or religion, that person can no longer work at Dun & Bradstreet. We believe that our continued success depends largely on our ability to attract and develop a diverse work force. We are committed to providing an inclusive work environment that fosters respect for all employees, clients, and other business partners and reflects the diversity of the communities in which we operate. Every day, we see examples of this within Dun & Bradstreet. And, we will continue to work on doing even better.
Exciting new chapter
Together with our clients, we are excited to embark on the next chapter of the long Dun & Bradstreet history. We will weather the remainder of the COVID-19 pandemic together; we will collectively strive to be more inclusive; we will continue to help our clients leverage data to drive winning strategies that set the stage for growth.
It is our unique strengths that help clients drive intelligent actions that give them a competitive edge. Benefits such as:
- The Dun & Bradstreet Data Cloud, differentiated in scale, depth, diversity and accuracy, currently covering over 365M businesses worldwide.
- Our unique D-U-N-S Number, which acts as “corporate fingerprint” and anchors our Live Business Identity – the most comprehensive and continually updated view of a business
- Integrated software solutions that bring together comprehensive data and insights with the latest technologies to drive efficiencies across finance, compliance, sales and marketing.
We look forward to helping you compete, grow and thrive.