GIB

CGI U.S. earns perfect score for the third year in a row in Human Rights Campaign Foundation's Corporate Equality Index

Retrieved on: 
Friday, March 1, 2024

The HRC Foundation's Corporate Equality Index is the nation's foremost benchmarking tool measuring corporate policies, practices and benefits related to lesbian, gay, bisexual, transgender and queer (LGBTQ+) workplace inclusion.

Key Points: 
  • The HRC Foundation's Corporate Equality Index is the nation's foremost benchmarking tool measuring corporate policies, practices and benefits related to lesbian, gay, bisexual, transgender and queer (LGBTQ+) workplace inclusion.
  • "Life at CGI is rooted in ownership, teamwork, respect and belonging," said Tim Hurlebaus, President of CGI's U.S. Commercial and State Government operations.
  • "CGI continues to invest in diversity, equity, and inclusion by fostering a workplace culture that embraces diversity and champions equality.
  • Launched in 2002, the HRC Foundation's Corporate Equality Index has become a roadmap for equality in the workplace.

Massachusetts selects CGI for transformation of Commonwealth's enterprise financial system

Retrieved on: 
Tuesday, February 27, 2024

BOSTON, Feb. 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced it has been awarded a contract by the Commonwealth of Massachusetts to deliver a financial management solution through CGI Advantage®, a cloud-based platform that integrates financial data in a modern, unified platform.

Key Points: 
  • BOSTON, Feb. 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced it has been awarded a contract by the Commonwealth of Massachusetts to deliver a financial management solution through CGI Advantage®, a cloud-based platform that integrates financial data in a modern, unified platform.
  • "The efficiency and security of the Commonwealth's financial operations, and our reporting to the Commonwealth's residents and taxpayers, the federal government, and bondholders, all depend on our ERP system.
  • We look forward to transformative improvement as we move to this new generation of technology," said William McNamara, Comptroller of the Commonwealth of Massachusetts.
  • "This transformative initiative will evolve financial management for the Commonwealth through improved user experiences, more efficient processes and strengthened security."

CGI announces intent to repurchase 1.67 million of its shares

Retrieved on: 
Friday, February 23, 2024

A Special Committee of CGI's Board of Directors, composed exclusively of independent directors, was established in connection with the share repurchase.

Key Points: 
  • A Special Committee of CGI's Board of Directors, composed exclusively of independent directors, was established in connection with the share repurchase.
  • Following the recommendation of the Special Committee, the share repurchase was also unanimously approved by the Board of Directors.
  • After completion of the transaction, there will be 206,130,115 Class A Shares and 25,179,340 Class B shares (multiple voting) of CGI issued and outstanding.
  • CGI will not issue any additional press release in respect of this share repurchase.

CGI selected by State of Utah for modernization of human capital management solution across 30 agencies

Retrieved on: 
Wednesday, February 21, 2024

SALT LAKE CITY, Utah, Feb. 21, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced its selection by the State of Utah for modernization of the state's human capital management (HCM) solution with CGI Advantage® to improve the accuracy, efficiency and transparency of state employee payroll processes and vital human resources functions across 30 state agencies, employing approximately 23,000 employees.

Key Points: 
  • SALT LAKE CITY, Utah, Feb. 21, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced its selection by the State of Utah for modernization of the state's human capital management (HCM) solution with CGI Advantage® to improve the accuracy, efficiency and transparency of state employee payroll processes and vital human resources functions across 30 state agencies, employing approximately 23,000 employees.
  • CGI is a long-term IT services partner to the state, helping them continuously integrate new technologies for more than three decades.
  • Today, the state's use of CGI Advantage supports the centralized accounting system maintained by the Utah Division of Finance.
  • "This deployment of modern, upgraded technology will help eliminate many manual processes and workarounds for Utah state employees and support seamless data exchange across systems."

CGI is Great Place to Work-certified™ for the third year in the Philippines

Retrieved on: 
Wednesday, February 21, 2024

MANILA, Philippines, Feb. 20, 2024 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB.A) recently announced that it has received the Great Place to Work™ certification in the Philippines for the third consecutive year.

Key Points: 
  • MANILA, Philippines, Feb. 20, 2024 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB.A) recently announced that it has received the Great Place to Work™ certification in the Philippines for the third consecutive year.
  • The recognition is based on collective and anonymous feedback gathered from CGI's consultants and professionals.
  • In 2023, CGI also ranked among the Top 8 Best Workplaces in the Philippines for the large company category.
  • She added, "This accomplishment reflects the unwavering commitment and dedication of our professionals to foster an inclusive, positive, and innovative work culture."

CGI and LocalTapiola extend long-term partnership to further advance enterprise-wide digital transformation program

Retrieved on: 
Wednesday, February 14, 2024

Under the new contract, valued at CAD 284 million, CGI will apply new technologies to help LocalTapiola generate cost savings and drive operational efficiency.

Key Points: 
  • Under the new contract, valued at CAD 284 million, CGI will apply new technologies to help LocalTapiola generate cost savings and drive operational efficiency.
  • CGI also will continue to provide development and maintenance services for the majority of information systems within LocalTapiola's insurance business.
  • "LocalTapiola's partnership with CGI has led to a successful transformation journey over the past several years, so continuing our collaboration is a natural step for us," said LocalTapiola's Executive Vice-President Esa Tihilä.
  • "Over this timeframe, we worked closely with LocalTapiola to advance its overall digital transformation program, one of the largest in Finland.

CGI is Great Place to Work-certified™ for the third year in the Philippines

Retrieved on: 
Wednesday, February 14, 2024

MANILA, Philippines, Feb. 14, 2024 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB.A) recently announced that it has received the Great Place to Work™ certification in the Philippines for the third consecutive year.

Key Points: 
  • MANILA, Philippines, Feb. 14, 2024 /PRNewswire/ -- CGI (NYSE:GIB) (TSX:GIB.A) recently announced that it has received the Great Place to Work™ certification in the Philippines for the third consecutive year.
  • The certification recognizes CGI's commitment to building a workplace founded in an ownership culture, fostering an inclusive and innovative work environment for all.
  • The recognition is based on collective and anonymous feedback gathered from CGI's consultants and professionals.
  • In 2023, CGI also ranked among the Top 8 Best Workplaces in the Philippines for the large company category.

CGI's 2023 ESG Report highlights progress through responsible innovation

Retrieved on: 
Tuesday, February 13, 2024

CGI also announced its global commitment to formulating targets that align with the Science Based Targets initiative (SBTi).

Key Points: 
  • CGI also announced its global commitment to formulating targets that align with the Science Based Targets initiative (SBTi).
  • For the second consecutive year, CGI achieved a Platinum rating from EcoVadis for its Sustainability Performance, placing the company in the top 1% of the EcoVadis network.
  • Highlights of CGI's ESG progress include:
    43.7% of total energy from renewable sources compared to 35.6% in 2022; this includes reaching CGI's target to power 100% of its data centers by renewable electricity.
  • To read CGI's full 2023 ESG Report and to learn more about the company's initiatives, visit cgi.com/esg .

CGI reports director election results

Retrieved on: 
Thursday, February 1, 2024

MONTRÉAL, Feb. 1, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) held its Annual General Meeting of Shareholders in Montréal, Quebec, Canada, on Wednesday, January 31, 2024 at 11:00 a.m. (EST) via live webcast.

Key Points: 
  • MONTRÉAL, Feb. 1, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) held its Annual General Meeting of Shareholders in Montréal, Quebec, Canada, on Wednesday, January 31, 2024 at 11:00 a.m. (EST) via live webcast.
  • All 15 directors proposed for election at the meeting were elected by shareholders on a vote by electronic ballot.
  • The ballots cast and proxies received by CGI for the election of directors were as follows:

CGI reports first quarter Fiscal 2024 results

Retrieved on: 
Wednesday, January 31, 2024

MONTRÉAL, Jan. 31, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB)

Key Points: 
  • MONTRÉAL, Jan. 31, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB)
    "CGI began fiscal year 2024 in a strong position, again demonstrating the resilience of our model and the disciplined execution of our plan," said George D. Schindler, President and Chief Executive Officer.
  • CGI's outcome-based offerings, particularly those focused on generating cost savings and accelerating modernization—including through AI—continue to resonate with clients.
  • Our robust balance sheet, further strengthened in the quarter by the operational and delivery excellence of our team, enables us to continue driving our build and buy profitable growth strategy."
  • For the first quarter of Fiscal 2024, the Company reported revenue of $3.60 billion, representing a year-over-year increase of 4.4%.