Earth Day is here, how can Technology companies do their part to achieve a net-zero greenhouse gas emissions by 2030?
We believe businesses of all sizes must take bold action to combat climate change. At New Relic, we’re continuously evaluating ways to improve our environmental management strategy. We’ve set a goal to achieve net-zero greenhouse gas (GHG) emissions by 2030, and we’ve made a commitment to set near-term science-based GHG emissions targets.
By selecting 2030 as the target, New Relic is allowing for rigorous work around achieving and maintaining its goals through operational reductions and high quality carbon removals. This target aligns with guidance from the Intergovernmental Panel on Climate Change (IPCC), who warned that global warming must not exceed 1.5 degrees Celsius above pre-industrial temperatures by 2040 to avoid the most catastrophic impacts of climate change.
Focus areas for reductions include:
- Vendor Engagement on Climate — Work with vendors across their operations to understand and reduce their emissions.
- Internal Efficiencies and Tracking — Continue to improve GHG emissions calculation with Watershed Climate to have a fine-grained understanding of the company’s footprint worldwide.
- Reduced Operational Footprint — Continually assess the operational footprint and ensure climate is part of its business criteria when it comes to operations.
- Internal Policy Setting — Introduce and update internal policies across the business to ensure climate is a shared responsibility.
Recent emissions successes include:
- Purchased reforestation credits from Trees for Global Benefits in Uganda to remove 100% of the carbon dioxide associated with New Relic global offices’ natural gas usage.
- Purchased renewable energy certificates representing 100% clean energy for New Relic global offices and employee WFH footprints. These included US Green-E certified renewable energy certificates from the Lindahl Wind Project and international energy attribute certificates from locally-sited projects aligned with New Relic’s international footprint.
New Relic is taking additional steps as part of its broader, comprehensive climate strategy. This includes reviewing its GHG emissions inventory with Watershed Climate, developing a plan to reduce emissions for facilities and assets, setting incremental targets, and reporting on its progress. New Relic is focused on improving the efficiency of its own cloud use and inspiring its customers, partners, and suppliers to do the same. New Relic has also contributed the Cloud Optimize app to the open source community to help organizations optimize cloud services, reduce costs, and improve the efficiency of their cloud usage.
New Relic released its inaugural ESG impact report in July 2022. The report encompassed New Relic’s approach to ESG, including making significant achievements in pay equity across race and gender, obtaining HITRUST certification to strengthen data security and privacy, measuring Scope 1, 2 and 3 greenhouse gas emissions, and providing more than $6.5 million in product and discounts to nonprofits and students to expand equitable access to technology.
To learn more about New Relic’s approach to ESG, please visit https://newrelic.com/about/environmental-social-governance.
If you are a nonprofit organization, looking to level up your Observability tools, sign up for a free account here: https://newrelic.com/social-impact/signup
New Relic offers free tools and full platform features along with 1TB of free monthly data injest and 5 user accounts to all qualifying global nonprofit customers! Just email us at hgruber(at)newrelic(dot)com to find out more!
