Veeam Software Highlights ESG Goals in New Report
Veeam Software has released its first Environmental, Social, and Governance (ESG) Report, coinciding with Earth Day's 55th anniversary. This report showcases the company's commitment to sustainability, ethical practices, and transparency.
At VeeamON, CEO Anand Eswaran emphasized the company's dedication to improving the workplace and positively impacting the world. He highlighted that Veeam's responsibility extends beyond compliance and includes efforts to protect the planet, support its people, and contribute to the communities it serves.
The report highlights several key environmental initiatives, including e-waste recycling. In 2023-2024, Veeam recycled 1,203 laptops, preventing 3,402 pounds of e-waste. Additionally, eight Veeam offices hold LEED certifications, reflecting the company's commitment to green building practices. Veeam also measured and reduced its Scope 1 and Scope 2 emissions in 2024. Moving forward, Veeam plans to calculate Scope 3 emissions and collaborate with suppliers to further reduce their environmental impact by 2026.
On the social front, Veeam employees volunteered 2,793 hours in 2024 to support various causes, including animal shelters and wildfire relief efforts. Employee satisfaction remains high, with 84% rating Veeam as a great place to work. The company also launched EmpowerHer, offering free certification training to women in tech, and partnered with organizations like Women in Tech and Out & Equal. Veeam provides competitive benefits, including parental leave, 401(k) matching, and unlimited PTO.
In terms of governance, Veeam ensures its ESG strategy is overseen by its Compliance Department, which reports to the Board of Directors. The company achieved a 100% completion rate for cybersecurity training and has obtained certifications such as ISO 27701 and ISO 27017. Veeam also introduced a Generative AI Policy to strengthen its commitment to data privacy and ethical practices.
Veeam's ESG Report sets the foundation for the company's continued efforts in sustainability, showcasing its achievements while setting ambitious goals for the future. The company remains dedicated to improving its environmental and social impact, ensuring a sustainable future for all.
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