Braze Releases Third Annual ESG Report Highlighting Sustainability and Social Impact | Martech Edge | Best News on Marketing and Technology
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Braze Releases Third Annual ESG Report Highlighting Sustainability and Social Impact

customer engagement reports

Braze Releases Third Annual ESG Report Highlighting Sustainability and Social Impact

Braze Releases Third Annual ESG Report Highlighting Sustainability and Social Impact

Business Wire

Published on : Jul 19, 2024

Braze, the leading customer engagement platform, has released its third annual Environmental, Social, and Governance (ESG) report. The report showcases Braze’s commitment to sustainability, social impact, and strong governance practices. Key highlights include the company's first Virtual Power Purchase Agreement, the expansion of the Tech for an Equitable Future product grant program, and recognition in the Human Rights Campaign (HRC) 2023-2024 Corporate Equality Index for its dedication to LGBTQ+ workplace equality.

Environmental Initiatives

  1. Virtual Power Purchase Agreement (VPPA)

    • Braze’s first VPPA will fund five solar facilities in Michigan.
    • Commitment to buying Energy Attribute Certificates (EACs) from these facilities, equivalent to 1,600 MWh of clean power per year.
    • Reflects Braze’s practical approach to reducing carbon emissions and addressing climate change.
  2. Science-Based Targets

    • Committed to near-term science-based targets for carbon reduction.
    • Demonstrates a strategic and actionable approach to environmental sustainability.

Social Impact

  1. Charitable Grants

    • Surpassed $1.8 million in charitable grants to over 100 nonprofits and charities globally through the Braze for Social Impact Fund at Tides Foundation.
    • Focuses on employee passions and community investments.
  2. Tech for an Equitable Future Program

    • Expanded from Tech for Black Founders to support businesses founded by underrepresented individuals globally, including Black and women founders.
    • Currently supports 29 companies in the program.
  3. LGBTQ+ Workplace Equality

    • Recognized in the HRC 2023-2024 Corporate Equality Index.
    • Achieved a perfect score and received the Equality 100 Award for commitment to LGBTQ+ workplace equality.

Governance Practices

  1. Vendor Code of Conduct

    • Published to promote ethical sourcing throughout Braze’s supply chain.
    • Ensures responsible business practices and supplier compliance.
  2. Security and Compliance

    • Maintained ISO 27001 certification and SOC 2 Type 2 compliance for four consecutive years.
    • Reinforces Braze’s dedication to security and regulatory compliance.
  3. Board of Directors

    • Yvonne Wassenaar joined the board, bringing valuable technology expertise.
    • Enhances governance and strategic oversight with her experience.

Braze’s third annual ESG report highlights significant strides in environmental sustainability, social impact, and governance. Through initiatives like the Virtual Power Purchase Agreement, charitable grants, and the Tech for an Equitable Future program, Braze demonstrates its commitment to making a positive impact on the environment and society. The recognition from the HRC and the introduction of a Vendor Code of Conduct further underscore Braze's dedication to ethical practices and workplace equality.