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Monday.com Releases 2024 ESG Report, Highlights Inclusivity, Responsible AI, Sustainable Growth
Ltd. (NASDAQ:MNDY) is one of the best up and coming stocks to invest in now. On June 26, released its 2024 Environment, Social, and Governance/ESG Report. This annual report outlines the company's efforts towards building a more inclusive, responsible, and sustainable future, and also details its ESG goals for 2025.
The report noted that SHANITA, which is a nonprofit assisting 300+ children in an underserved East African region, used the platform to centralize operations, which led to an up to 40% improvement in educational outcomes and over 30% reduction in preventable illness. also formalized a global Inclusion strategy, integrating inclusivity across the organization with expanded data collection and measurable goals.
Software engineers collaborating on a project while seated in a shared workspace.
Additionally, the company launched a Responsible AI Program focused on transparency, user control, and adherence to enterprise-grade privacy and zero-retention standards for its AI capabilities. deepened its partnership with Watershed to improve carbon footprint measurement. In 2024, the company's total emissions per dollar of revenue decreased. For community efforts, 'Monday for Nonprofits' now supports 19,523 active accounts, which is a 45% increase from the previous year.
Ltd. (NASDAQ:MNDY) develops software applications in the US, Europe, the Middle East, Africa, the UK, and internationally.
While we acknowledge the potential of MNDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the .
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Disclosure: None. This article is originally published at Insider Monkey.
