Veeam unveils inaugural ESG report on Earth Day, highlighting sustainability, social impact, and corporate governance initiatives
'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,' said Anand Eswaran, CEO of Veeam. '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.'
Key Areas of the Veeam ESG Report include:
Environment: Caring for Our Planet
E-Waste Recycling: Veeam recycled 1,203 laptops globally in 2023-2024, preventing 3,402 pounds of e-waste through its hardware recycling initiatives.
Facilities: Eight Veeam offices are LEED-certified, showcasing the company's dedication to green building practices.
Greenhouse Gas Emissions: Veeam measured its baseline Scope 1 and Scope 2 emissions in 2023, achieved a reduction in emissions in 2024.
Future Goals: By 2026, Veeam plans to calculate Scope 3 emissions and collaborate with suppliers to track and reduce their environmental impact.
Social: Supporting Our Team and Communities
Community Impact: In 2024, Veeam employees volunteered 2,793 hours, supporting causes such as animal shelters, wildfire relief, and dementia care centers through initiatives like Veeam Cares and the Veeam It Forward Marathon.
Employee Engagement: 84% of employees rated Veeam as a "good place to work," and 96% of participants in the 2024 Global Day of Learning found the program insightful.
Empowering People: Veeam launched initiatives like EmpowerHer, providing free certification training to 150 women, and partnered with organizations like Women in Tech and Out & Equal.
Benefits: Veeam offers competitive benefits, including parental leave, 401(k) matching, unlimited PTO, and support for family planning and adoption.
Trust: Leading with Integrity
Governance: Veeam's ESG strategy is overseen by its Compliance Department, which reports to the Board of Directors.
Cybersecurity: The company achieved a 100% completion rate for its mandatory cybersecurity training and implemented advanced phishing simulations to enhance resilience.
Certifications: Veeam secured industry-leading standards such as ISO 27701, ISO 27017, and HIPAA attestation, with further certifications expected in 2025.
AI and Data Privacy: Veeam launched a Generative AI Policy, an updated Code of Conduct and rigorous data protection measures underscoring its commitment to ethical practices.
As Veeam continues its journey towards sustainability, this initial ESG Report serves as a platform to showcase achievements and outline future company goals. Veeam remains committed to continuous improvement, aligning actions with its mission of creating a resilient and inclusive future.
About Veeam's ESG Measurement
Veeam's global compliance team meticulously compiled the ESG report using a blend of comprehensive internal and external data collection and analysis mechanisms. Employing industry-standard methodologies, the team ensured accurate and transparent reporting of its environmental footprint. Beyond the Greenhouse Gas Protocol, Veeam's reporting aligns with key ESG frameworks and standards such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-related Financial Disclosures (TCFD). These frameworks provide detailed guidelines and metrics for assessing and disclosing sustainability performance, helping Veeam set a new industry benchmark. Additionally, Veeam actively seeks feedback from employees and stakeholders to continuously improve its sustainability initiatives and address any challenges.
About Veeam Software
Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it. Veeam calls this radical resilience, and we're obsessed with creating innovative ways to help our customers achieve it.
Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data portability, data security, and data intelligence. With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments.
Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 67% of the Global 2000, that trust Veeam to keep their businesses running. Radical resilience starts with Veeam.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Tourism Breaking News
3 days ago
- Tourism Breaking News
Wyndham surpasses 700 Hotels across EMEA, as growth accelerates
Wyndham Hotels & Resorts has marked significant growth in its EMEA footprint, with more than 720 hotels now operating across the Middle East, Europe, Eurasia and Africa. In the first half of 2025 alone, the company added over 4700 rooms through more than 60 new hotel openings, driving year-over-year organic system growth of 5% in EMEA, alongside 27 new deal signings in the region, reinforcing its focus on high-growth markets and expanding access to quality, branded accommodations to travellers across the region. Standout additions include the Dolce by Wyndham Siracusa, Monasteri Golf and Spa in Sicily and the Signature Cave Cappadocia, Trademark Collection by Wyndham in Türkiye; offering distinctive stays in one the region's most captivating destinations. Wyndham also opened new destinations across Eastern Europe and Central Asia, with launches in Georgia, Romania, and Kazakhstan, and accelerated its momentum in Eurasia with 21 new openings in the first half of the year, expanding the regional portfolio to over 90 hotels – primarily located in India, one of the world's most dynamic and fastest-growing hospitality markets. Wyndham's strategic development partnerships also played a key role in driving brand growth, bringing its globally recognized Super 8® by Wyndham brand to two high-demand markets: the Kingdom of Saudi Arabia and Iberia. 'With more than 720 hotels now open across EMEA, we're seeing incredible momentum. Travel is thriving and we're meeting that demand with a growing portfolio that reflects the energy and diversity of this region. From stunning resorts in Sicily to one-of-a-kind cave stays in Cappadocia, we're adding experiences that truly inspire. And with new signings in markets like Iberia and Saudi Arabia, we're not just growing – we're creating new opportunities for our partners and giving travellers even more great places to stay across the region.' Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts. This regional growth contributed to 4% year-over-year global organic net room growth and Wyndham's 20th consecutive quarter of sequential developmental pipeline growth, reaching a record 255,000 rooms. Wyndham's EMEA region also delivered robust constant currency RevPAR growth of 7%. Backed by its Owner First™ approach to franchising, Wyndham's continued expansion highlights the strength of its reputation and its long-term commitment to the success of franchisees and owners.
Arabian Post
4 days ago
- Arabian Post
Gulf ESG Sukuk Surge Strengthens Regional Fiscal Influence
Gulf nations now account for over half of global environmental, social, and governance sukuk issuances in the first half of 2025, underscoring their growing leadership in sustainable Islamic finance. Sukuk linked to ESG objectives saw a 12 per cent rise to approximately $50 billion outstanding globally in H1 2025, with Gulf Cooperation Council countries contributing the majority of this volume. Saudi Arabia and the UAE emerged as principal issuers, driving much of the growth. Issuances denominated in foreign currencies rose to $41.4 billion, an 8.94 per cent year-on-year increase, as institutional demand from both regional and international investors firmed further. Saudi Arabia alone accounted for nearly 39 per cent of the total foreign currency sukuk volume in H1, signaling its strategic commitment to funding Vision 2030 priorities through sustainable Islamic financing. The scale and number of ESG sukuk issued by Gulf issuers—including sovereigns, banks, and corporates—mark them as dominant players in the global market. ADVERTISEMENT Fitch Ratings expects the global ESG sukuk market to reach $60 billion in outstanding volume by end‑2026. GCC countries—led by Saudi Arabia and the UAE—continue to serve as hubs of innovation and scale in this segment. Emerging issuers include Malaysia, Indonesia, and Pakistan, though they collectively accounted for under half of the total in H1. Strong demand for ESG sukuk is supported by rising interest in sustainable finance instruments that align with national decarbonisation strategies and renewable energy commitments. Instruments such as green and sustainability‑linked sukuk are gaining traction, offering issuers access to lower-cost capital and ESG-sensitive international pools. Moody's had noted earlier that GCC economies accounted for over 80 per cent of global sustainable sukuk issuance in H1 2024, with Saudi Arabia and the UAE at the forefront. Even as sustainable debt issuance globally slowed in other formats, ESG sukuk have outperformed conventional sukuk growth, highlighting the appeal of Shariah‑compliant, transparency‑oriented instruments. Analysts expect sustained momentum through the year, with issuance activity partly driven by issuers seeking to lock in favourable foreign currency funding amid monetary policy uncertainties. Attention to regulatory developments is intensifying. The forthcoming implementation of Shariah Standard 62 by the Accounting and Auditing Organization for Islamic Financial Institutions is poised to require legal transfer of underlying assets to investors—transforming sukuk structures toward equity‑like formats. Rating agencies warn this could deter fixed‑income investors, increase structuring complexity and raise costs, particularly in Saudi Arabia and the UAE, potentially fragmenting the market unless flexibility and jurisdictional adaptation are built into the standard. Financial institutions across the GCC are responding by accelerating ESG sukuk programmes and adopting sustainable finance frameworks. Dubai's Nasdaq serves as the leading listing venue globally, hosting some 35 per cent of outstanding ESG sukuk by end‑2024. Banking groups such as FAB and ADIB have originated ESG‑aligned Islamic financings—for example supporting renewable energy and decarbonisation projects in line with national and international sustainability targets. Issuers in the Gulf appear determined to exceed expectations through H2 2025, capitalising on robust investor appetite, sovereign sustainability drives, and regulatory frameworks conducive to ESG-aligned debt. Market watchers anticipate further acceleration in sustainable Islamic finance, positioned at the intersection of capital efficiency, Shariah compliance, and global ESG investment flows.
Zawya
4 days ago
- Zawya
AI-Driven Cyber Attacks and Supply Chain Vulnerabilities Escalate Risk Landscape in Australia, Aon Report Finds
SYDNEY, AUSTRALIA - Media OutReach Newswire - 31 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Australia-specific findings from its 2025 Cyber Risk Report. The report highlights the growing impact of artificial intelligence (AI)-enabled cyber attacks and the increasing exposure created by third-party technology supply chains. The report reveals that Australian organisations are facing a new frontier of cyber risk, where traditional defences are being outpaced by the speed and sophistication of AI-driven threats. "AI is no longer a future threat—it's a present-day reality," said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. "We're seeing relatively unsophisticated actors now wielding tools that rival state-sponsored capabilities. The barrier to entry has dropped dramatically, and the velocity of attacks is only increasing." One of the most concerning developments is the emergence of AI-powered social engineering attacks. Last year saw an incident involving the theft of USD $25 million from a large UK engineering firm through a deepfake-enabled scam—an attack that has since been replicated onshore in Australia at smaller financial scale. These incidents underscore the growing accessibility and replicability of such tactics. In addition to AI threats, the report identifies technology supply chains as a critical vulnerability. A number of high-profile Australian breaches have stemmed from third-party compromises, where attackers exploit weaker security standards in vendors with privileged access to client systems. "Organisations must start treating their vendors as part of their own attack surface," added Joerg Schmitz, Cyber Risk Quantification and Analytics Leader for APAC at Aon. "The most lucrative attacks are those that can be scaled across multiple targets through a single compromised supplier. This is a wake-up call for Australian businesses to reassess how they manage third-party risk." Despite continued investment in cyber security, the report warns that core controls are being circumvented or rendered obsolete by evolving tactics. The use of AI to optimise every stage of the attack chain—from reconnaissance to execution—demands a fundamental rethink of defensive strategies. Aon's 2025 Cyber Risk Report draws on CyQu data from over 3,000 clients globally and analyses more than 1,400 cyber events to identify emerging trends. The platform enables organisations to benchmark their cyber maturity, align insurance and security strategies, and make more informed, data-driven decisions. Aon's 2025 Cyber Risk Report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Aon
