New Relic Releases Inaugural ESG Impact Report for Fiscal Year 2022
“As a leader in observability,
ESG initiatives have long been an organizational priority for
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Embracing diversity, equity, and inclusion: A commitment to recruiting, hiring and promoting team members from diverse backgrounds resulted in significant achievements in pay equity across gender and race. Additionally,
New Relic made progress increasing workforce representation across Black and Hispanic employees in theU.S. , and of women company-wide. - Building a privacy and security culture: HITRUST certification adds to the company’s growing number of relevant data security standards and certifications we adhere to, including ISO 27001, SOC2, FedRAMP Moderate and TISAX.
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Increasing affordable access to technology: Donated
in free and discounted products to nonprofits and charities around the world. Additional actions taken include the launch of New Relic Student Edition — a program offering an expanded free tier of$6.5 million New Relic for students — and continued investments and contributions to the open source community. - Advancing sustainability: Implemented environmental management software and undertook a GhG Emissions review of the last three years in order to benchmark Scope 1, 2, and 3 emissions from pre-pandemic to present day. Through this process the company aims to better understand operational impacts and create a strategy to measure carbon emissions.
Looking ahead
- Increase representation, development, and retention of underrepresented Relics in the workforce and provide ongoing education that promotes inclusion, including “Building a Better New Relic for Transgender Relics,” an on-demand workshop that educates managers and employees on inclusive language, behaviors, and tools needed to successfully support transitioning Relics.
- Continue to provide data privacy and sector-specific compliance programs across our product suite as privacy and related regulations evolve globally.
- Continue to focus on software supply chain security and protecting services on the platform.
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Grow employee participation in social impact efforts to
70% in fiscal 2023, as well as launch a grantmaking program to distribute of unrestricted funding for nonprofits to use in building their technological capacity.$100,000 - Develop a climate strategy and move completely out of data centers to become entirely cloud-based.
Additional Information:
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Learn more about New Relic’s ESG practice and hear additional insights from
New Relic CEOBill Staples - First annual Global Impact Report 2022
About
As a leader in observability,
Forward-looking statements
This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding New Relic’s ESG initiatives and future goals. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings
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