Veeam highlights ESG progress in first global sustainability report
The report highlights the recycling of 1,203 laptops globally between 2023 and 2024, which prevented 3,402 pounds of e-waste as part of Veeam's ongoing hardware recycling programme.
The findings indicate that across the sector, 74% of global organisations fall short of best practices in areas such as e-waste recycling, operating at the two lowest levels of maturity.
Veeam's efforts in environmental responsibility extend to green construction, with eight company offices currently LEED-certified.
In 2023, the company established baseline measurements for Scope 1 and Scope 2 greenhouse gas emissions and reported a reduction in emissions in 2024.
Looking ahead, Veeam plans to calculate Scope 3 emissions and work with suppliers to track and reduce their broader environmental impact by 2026.
The ESG report also covers Veeam's commitment to AI ethics and data privacy, outlining the launch of a Generative AI Policy and an updated Code of Conduct, as well as implementing strict data protection measures.
Anand Eswaran, Chief Executive Officer of Veeam, said: "Today at VeeamON, we are proud to launch our inaugural ESG report, which is an important milestone in our commitment to making Veeam the best place to work, while positively impacting the world around us. At Veeam, we believe that our responsibility extends beyond compliance; it encompasses our commitment to the planet, our people, and the communities we serve. It's not just about saying what we'll do, it's about showing how we've made progress and setting out ambitious goals for the future."
"As we celebrate Earth Day, we are reminded of the vital role each of us plays in protecting our resources and environmental stewardship, ensuring a vibrant future for generations to come."
The social pillar of the report details Veeam's volunteer initiatives and employee engagement. In 2024, employees contributed 2,793 hours to community causes, including animal shelters, wildfire relief, and dementia care centres through the Veeam Cares programme and the Veeam It Forward Marathon.
According to company figures, 84% of employees rated Veeam as a "good place to work," and 96% of those participating in the 2024 Global Day of Learning described the programme as insightful.
Veeam also launched the EmpowerHer initiative, providing free certification training to 150 women, and formed partnerships with organisations such as Women in Tech and Out & Equal. The company offers benefits including parental leave, 401(k) matching, unlimited paid time off, and support for family planning and adoption.
The report's governance section outlines that Veeam's ESG strategy is overseen by its Compliance Department, which reports directly to the Board of Directors.
In 2024, Veeam achieved a 100% completion rate for its mandatory cybersecurity training and enhanced resilience through advanced phishing simulations. The company also secured certifications such as ISO 27701, ISO 27017, and HIPAA attestation, and expects to achieve further certifications in 2025.
Veeam emphasises its ethical approach to artificial intelligence and data privacy, including the recent launch of its Generative AI Policy and comprehensive data protection protocols.
To compile the ESG report, Veeam's global compliance team used both internal and external data and applied widely recognised industry methodologies. The reporting aligns with ESG frameworks such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-related Financial Disclosures (TCFD).
The company states that it actively seeks feedback from employees and stakeholders to continue refining its sustainability initiatives and to address emerging challenges.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Techday NZ
15-07-2025
- Techday NZ
New property fund targets NZD $1 billion export-focused assets by 2030
A newly established wholesale property investment fund is launching with the acquisition of a coolstore facility in Hawke's Bay valued at NZD $24 million, with ambitions to build a NZD $1 billion portfolio by 2030. The Erskine Owen Veritas Property Fund's inaugural purchase is a 7,000 square metre smart coolstore leased long-term to Mr Apple, the subsidiary of Scales Corporation, which is among the largest vertically integrated apple exporters in New Zealand. The asset marks the fund's entry, under a 20-year triple net lease agreement. Portfolio growth The fund has revealed a strategy to reach NZD $1 billion in holdings within a five-year time frame, by diversifying across sectors such as infrastructure, healthcare, manufacturing, office and retail, targeting income-generating assets with strong links to export activities and environmental, social, and governance (ESG) considerations. "We chose this site as the fund's foundation because it ticks all the boxes. It is a core industrial logistics facility, under a long-term lease to a globally competitive exporter, located in a region that is vital to New Zealand's agri-economy. "We're focused on assets that help drive New Zealand's global competitiveness and that perform well in both stable and volatile markets. These are the kinds of buildings that don't go out of fashion, that provide reliable income and that help sectors like horticulture and agribusiness perform at the highest level," said Alan Henderson, Director at Erskine Owen. A capital raise to support the investment in the Groome Place coolstore is now underway. Henderson stated, "This is a Fund with a long-term growth and diversification strategy, which is intended to spread investment risk across sectors and locations. We are aiming to have $200 million in assets within 12 to 18 months and increase that to a billion dollars within four years after that. "The asset quality here speaks for itself. There's clear investor appetite for export-aligned infrastructure backed by strong tenant covenants," he added. Technology and efficiency The Hawke's Bay coolstore features advanced design and automation, including systems that reduce the time between orchard and packhouse by 25 percent. According to Mr Apple's Head of Coolstores, Logistics and Engineering, Michael Caccioppoli, these upgrades are significant for product quality and competitiveness in export markets. "This turnaround speed directly supports export quality, and by shortening the time from picking to cooling, we're able to preserve internal fruit integrity. "That means apples are fresher when they hit the ships. It improves shelf life, reduces quality complaints and lifts the eating experience for millions of consumers around the world, which is critical as we establish markets for new varieties," he said. In 2024, 72 percent of Mr Apple's exports comprised premium varieties such as Dazzle, Posy and NZ Queen, with a stated aim to expand that to 75–80 percent by 2027. The smart coolstore supports this goal by introducing optimised workflows, precision-controlled storage, and a 15 to 20 percent reduction in CO2 emissions compared with older facilities. The facility is operated by just eight staff, as automation and integrated systems allow for tight control of environmental variables, reduced handling, and lowered labour costs. Mr Apple processes approximately 3,000 bins of apples daily, using technology to accelerate throughput while protecting product quality. Caccioppoli highlighted the broader advantages of the advanced facility, stating, "The system helps protect margin and reduce risk in a volatile global freight market," he observed. Investor demand Henderson commented on current sentiment in the investment community, with more investors seeking reliable income and ESG-aligned assets with export relevance. "It reinforces our view that there is real demand for high-quality, income-generating assets in this sector. "The coolstore reflects the kind of high-performance infrastructure we're targeting - efficient, export-driven and future-ready," he said. The Erskine Owen Veritas Property Fund is now open to wholesale investors interested in income-producing infrastructure assets.
RNZ News
14-07-2025
- RNZ News
Government confirms which polytechs to return to regional governance
education about 1 hour ago The government's move to scrap the polytech mega-merger Te Pukenga has taken another big step, with confirmation of which polytechs will return to regional governance. The Vocational Education Minister Penny Simmonds has confirmed which polytechs are financially viable to go it alone, and which still need a nudge. Political reporter Giles Dexter spoke to Melissa Chan-Green. Tags: To embed this content on your own webpage, cut and paste the following: See terms of use.
RNZ News
11-07-2025
- RNZ News
'It is an interesting time' - Tania Simpson takes over as chair of Waitangi Trust
Tania Te Rangingangana Simpson, new Chair of the Waitangi National Trust Board. Photo: Supplied/Waitangi National Trust Tania Te Rangingangana Simpson, new chair of the Waitangi National Trust Board. The new chairperson of the Waitangi National Trust Board says she intends to hit the ground running in what will ultimately be a short term. Tania Te Rangingangana Simpson ONZM becomes the first wāhine to hold the role of chair since the trust's establishment in 1932, replacing Pita Tipene who stepped down last month after serving for the maximum length of nine years. Simpson has served as a trustee of the Waitangi National Trust since 2017 and as deputy chair since 2021, representing the descendants of the chief Pomare. Like Tipene, she too is approaching the nine-year term limit, but she said there is still time for her to help strengthen the governance and assist the continued development of Waitangi. "So that just means I need to not waste any time but to use the time wisely. It also means thinking about succession and thinking about what will happen at the end of that term and supporting the board through its processes to prepare for that. "So the time may be short but I think we can achieve a lot during that time." The Waitangi National Trust is the guardian of the Waitangi Treaty Grounds and facilitates the annual Waitangi Day celebrations. Simpson (Ngāpuhi, Ngāi Tahu, Tainui) currently serves on the boards of Auckland International Airport, Meridian Energy and Waste Management New Zealand. Her previous roles include board positions with the Reserve Bank of New Zealand, AgResearch and Tainui Group Holdings. Simpson said she is looking forward to taking on what may come in the new role, saying there is important work to do. "[I'm] pleased that we have a woman chair so that it demonstrates to other women and to younger women that these positions are open to them to pursue." Simpson said she prefers a collaborative style of leadership, something she plans to extend to the government despite heightened tensions during the last two Waitangi commemorations. "While there may be heightened discussions around aspects of Te Tiriti o Waitangi and how that is given effect to in our current world in particular in government processes, Waitangi itself continues to be the place for that kind of dialogue to occur and the place for all New Zealanders and in particular the parties to the treaty to come together and talk." The trust has enjoyed a good working relationship with government over the years, with the government continuing to support Waitangi through projects and development funding, she said. The trust is much more focused on maintaining Waitangi as a special, tapu place where the treaty was signed and were the spirit of partnership was agreed, she said. "We look after that place and space and the wairua of that place in order that the parties can come together and experience it and reflect and talk about what it means to us today." Simpson said ultimately the dialogue between Māori and government is a good thing and Waitangi is an appropriate place for it to happen. "It is an interesting time, an interesting juncture in the development of our nationhood in that we are having conversations nationally around the place of Te Tiriti o Waitangi, around what the treaty promised, about what it means and how we will reflect that within our national systems and structures." Orginisations like the Waitangi National Trust and the Waitangi Tribunal which are close to the treaty and its history have a role to play in working through those discussions and getting to a good conclusion, she said. Lisa Tumahai, the former chair of Ngāi Tahu and representative on the board of the people, Pākeha and Māori, living in the South Island, will step into the roll of deputy chair. The chief executive of Waitangi Ltd Ben Dalton said Simpson's appointment is not only a landmark for the trust but a testament to her unwavering dedication to the kaupapa of the treaty. "Her leadership will help deepen the understanding and relevance of Waitangi for generations to come," he said. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
