Samsara Announces 2024 Impact Report, New Initiatives to Reduce Carbon Footprint
Samsara (NYSE: IOT) has released its 2024 Impact Report, highlighting new initiatives to reduce its carbon footprint. The report emphasizes transparency, data-driven solutions, and community empowerment as guiding principles.
Samsara is enhancing its sustainability efforts by supporting carbon removal technologies through organizations like Frontier and the Sustainable Aviation Buyers Alliance (SABA). Initial investments in sustainable aviation fuel (SAF) certificates aim to offset 1,600 metric tons of CO2 emissions.
The report also details partnerships with customers to prevent over 200,000 crashes and save 3 billion pounds of CO2 emissions. Samsara is improving its supply chain with recycled materials and reducing single-use plastics in packaging.
The company has been recognized for fostering an inclusive work environment and upholding robust privacy and ethics standards, including four ISO certifications. Samsara's efforts also extend to community support through its giving arm, Samsara for Good.
- Released 2024 Impact Report focused on reducing carbon footprint.
- Partnered with Frontier and SABA to advance carbon removal and sustainable aviation fuel.
- Initial SAF certificates to offset 1,600 metric tons of CO2 emissions.
- Prevention of over 200,000 crashes and saving 3 billion pounds of CO2 with customers.
- Improved supply chain sustainability by using recycled materials and reducing single-use plastics.
- Recognized as a leading workplace by Glassdoor, Great Place To Work®, and Fast Company.
- Elevated data security and privacy standards with four ISO certifications.
- Community support through Samsara for Good, including volunteer events and charity donations.
- Report lacks specific financial data to assess overall business impact.
- Potential risks associated with investments in new technologies and carbon removal solutions.
- No clear timeline for when net-zero goals will be achieved beyond the 2040 target.
Improvements in supply chain sustainability and participation in Frontier and Sustainable Aviation Buyers Alliance to progress Samsara’s net-zero 2040 goal
Samsara's 2024 Impact Report (Graphic: Business Wire)
Joining Forces for a Greener World
As part of its sustainability commitment, Samsara has supported innovative carbon removal solutions, including Alkali Earth, which converts alkaline byproducts from industrial processes to carbon-removing gravel for roads. Samsara is excited to build upon these investments by participating in two key organizations, both pioneers advancing decarbonization:
- Frontier, an organization focused on accelerating the development and availability of carbon removal technologies. Samsara pledges to support innovations like biomass burial and direct air capture, which are expected to sequester carbon for over a millennia.
- Sustainable Aviation Buyers Alliance, an organization that promotes net-zero aviation through investments in sustainable aviation fuel (SAF). Samsara’s initial commitment of SAF certificates will offset 1,600 metric tons of CO2 emissions, equivalent to the amount of carbon sequestered in one year by about 1,900 acres of forests.
“Sustainability is a core pillar of our mission that influences our daily operations and strategic planning as we build for the long term,” said Adam Eltoukhy, Executive Vice President and Chief Legal Officer at Samsara. “Developing a more sustainable hardware supply chain and investing in climate innovation is essential to our net-zero goal. The advancements and resulting impact we’re making within our operations, and alongside our customers globally, is inspiring to see firsthand.”
A Year of Impactful Partnership
As the strategic partner to the world’s leading and most complex physical operations organizations, Samsara offers a unified view to help customers achieve their sustainability goals and create safer operations for their workers and communities. Samsara’s Connected Operations Cloud provides visibility across operations, including key safety metrics, carbon emissions and electric vehicle fleet data, and insights into ways to reduce fuel, energy, food, and paper waste. Samsara estimates that in one year1, it partnered with customers to help prevent 200,000+ crashes, digitize 240 million+ workflows, and save 3 billion pounds of CO2 from entering the atmosphere.
“This past year, I’ve been lucky to spend countless hours discussing safety and sustainability priorities with customers. While each of their operations are unique, the need for data and AI-driven insights is universal,” said Sanjit Biswas, CEO and co-founder at Samsara. “I’m proud of the impact we’re driving with our customers and of the progress we’re making on our own goals. We’re building an enduring company, and much like our customers, we’re using a data-driven approach to continuously better our operations.”
Sustaining a Commitment to Excellence
The report also highlights advancements made by Samsara in supply chain sustainability, employee and community impact, and strong governance, including:
- Building more sustainable products: Samsara is expanding its use of recycled materials within its hardware and decreasing single-use plastics within its packaging. The company also holds its suppliers to a high bar – Samsara’s top three partners have made Science Based Targets initiative commitments and are disclosing to the CDP.
- Fostering an exceptional work environment: Samsara brings people from all backgrounds, viewpoints, and experiences together to intentionally establish an inclusive environment that spurs innovation. Samsara was recognized as a leading workplace by several organizations this past year, including Glassdoor, Great Place To Work®, and Fast Company.
- Empowering employees to create positive change: Samsara’s giving arm, Samsara for Good, strives to support the well-being of communities and society through various social and environmental measures. This past year, many volunteer events were completed by employees globally and hundreds of thousands of dollars were provided to charities. Samsara also became a supporting member of Brake to help those affected by road incidents and campaign for safer roads.
- Upholding robust privacy, ethics, and governance practices: As part of Samsara's commitment to responsible innovation, privacy and ethics are embedded into every aspect of the business. The company's Privacy and Ethics Board helps ensure responsible innovation by evaluating how its technology may directly or indirectly affect the environment and society. Samsara also recently elevated its data security and privacy standards by achieving four industry-leading ISO certifications.
To learn more about how Samsara is building a safer and more sustainable world, download the full 2024 Impact Report here.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations™ Cloud, which is a platform that enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
1 April 1, 2023 - March 31, 2024
View source version on businesswire.com: https://www.businesswire.com/news/home/20240522058663/en/
Stephanie Burke
Samsara
media@samsara.com
Source: Samsara
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