CyberArk Publishes Third Annual Environmental, Social and Governance Report
July 17 2023 - 2:00PM
Business Wire
Report Highlights Accomplishments Across
CyberArk's Continued Efforts to Build a Diverse, Equitable and
Sustainable Organization
CyberArk (NASDAQ: CYBR), the identity security company, today
announced the release of its latest Environmental, Social and
Governance (ESG) report. CyberArk’s approach to ESG and
sustainability is grounded in its commitment to its people, core
values, communities and the environment, and to integrating the
principles of ESG into the company’s operations and strategic
decision making.
The report details milestones for the company’s ESG program,
including its progress enhancing initiatives across its core focus
areas: Cybersecurity; Business Ethics and Corporate Governance;
Human Capital Management; Diversity, Equity and Inclusion (DEI);
and Environmental Stewardship.
“We have a commitment to our customers, partners, employees and
investors to be accountable and transparent while growing a
sustainable, equitable long-term business with cybersecurity at its
core,” said Matt Cohen, CEO, CyberArk. “I’m proud of the momentum
we continue to build around our ESG initiatives, and the consistent
progress across key focus areas.”
Highlights from the report include:
- Cybersecurity and Data Privacy: Announced successful
completion of the company’s SOC 3 certifications while expanding
SOC 2 Type 2 compliance, and increased role-specific data privacy
training.
- Human Capital Management: Piloted a returnship program
in the U.S. to help mid-career women in technology bridge back to
the workforce and continued to make strides in DEI by expanding the
reach of the company’s Employee Resource Groups (ERGs).
- Corporate Governance: Published and held trainings for
an updated corporate Code of Conduct that is aligned to corporate
values and reflects the risks relevant to the business.
- Environmental Sustainability: Completed inaugural Scope
1 and Scope 2 greenhouse gas (GHG) emissions inventory and held
corporate level climate strategy sessions that resulted in a
climate risk scenario analysis.
Additionally, the report details how CyberArk invests in
nurturing its culture through consistent and transparent
communication, encouraging expanded engagement in learning and
development offerings, broadening its focus on employee wellbeing
efforts and supporting regional volunteering and community
engagement initiatives to drive greater connections across its
diverse employee base.
The report references topics from the Sustainability Accounting
Standards Board’s (SASB) ‘Software and IT Services’ industry
standard and includes initial disclosure based on the Task Force
for Climate-related Financial Disclosure (TCFD) framework.
To view the full report, please visit
https://www.cyberark.com/company/esg/.
About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in identity
security. Centered on intelligent privilege controls, CyberArk
provides the most comprehensive security offering for any identity
– human or machine – across business applications, distributed
workforces, hybrid cloud environments and throughout the DevOps
lifecycle. The world’s leading organizations trust CyberArk to help
secure their most critical assets. To learn more about CyberArk,
visit https://www.cyberark.com, read the CyberArk blogs or follow
on LinkedIn, Twitter, Facebook or YouTube.
Copyright © 2023 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20230717181858/en/
Media Contacts: Carissa Ryan, CyberArk Email:
press@cyberark.com
Highwire PR Email: cyberark@highwirepr.com
Investor Relations: Erica Smith, CyberArk Email:
ir@cyberark.com
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