Braze Releases 2024 Environmental, Social, and Governance (ESG) Report
July 16 2024 - 10:21AM
Business Wire
Braze (Nasdaq: BRZE), the leading customer engagement
platform that empowers brands to Be Absolutely Engaging™, today
released its third annual Environmental, Social, and Governance
(ESG) report. Highlights include the company’s first Virtual Power
Purchase Agreement, the expansion of the Tech for an Equitable
Future product grant program, and inclusion in the Human Rights
Campaign (“HRC”) 2023-2024 Corporate Equality Index, which
recognizes the company's strong commitment to promoting equality
for LGBTQ+ individuals in the workplace.
“We firmly believe that the well-being of our communities
directly contributes to the growth and success of our employees and
Braze,” said Rod McLeod, VP of Social Impact at Braze. "It’s been
inspiring to see employees support and lead various initiatives,
ranging from volunteering to employee resource groups and product
grant efforts, all of which have elevated our programs to new
heights. We will continue to focus on driving material impact
through high-leverage and scalable initiatives alongside our
employees and look forward to sharing our progress along the
way.”
The report's key initiatives and accomplishments include:
- Environment: Braze has committed to a near-term
science-based target and joined its first Virtual Power Purchase
Agreement, which will help fund the build of five solar facilities
in Michigan. As part of this agreement, Braze has pledged upfront
to buying Energy Attribute Certificates (EACs) generated by these
facilities over the next five years, which is the equivalent of
1,600 MWh of clean power per year. These actions reflect a
practical approach to reducing carbon emissions and addressing
climate change.
- Social: Braze has now surpassed more than $1.8 million
in charitable grants to 100+ local nonprofits and charities
globally through the Braze for Social Impact Fund at Tides
Foundation. The Braze grantmaking program focuses on employees'
passions and makes meaningful investments in the communities where
they live and work. Braze has also expanded the Tech for Black
Founders program into a global Tech for an Equitable Future program
to support businesses founded by underrepresented individuals,
including Black and women founders, with 29 companies currently in
the program. Finally, Braze was recognized in the HRC 2023-2024 CEI
for its dedication to workplace equality for LGBTQ+ individuals,
achieving a perfect score and receiving the HRC's Equality 100
Award.
- Governance: Braze published a Vendor Code of Conduct to
promote ethical sourcing throughout its supply chain. Braze has
also maintained its ISO 27001 certification and SOC 2 Type 2
compliance for four consecutive years, underscoring its commitment
to security and compliance. Additionally, Yvonne Wassenaar joined
the Braze board of directors, bringing valuable technology
expertise to the company.
Read more about the report: https://esg.braze.com
Forward-Looking Statements:
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding Braze’s anticipated ESG initiatives and
the anticipated performance and benefits therefrom. These
forward-looking statements are based on the current assumptions,
expectations and beliefs of Braze, and are subject to substantial
risks, uncertainties and changes in circumstances that may cause
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Further
information on potential factors that could affect Braze results
are included in Braze’s Quarterly Report on Form 10-Q for the
fiscal quarter ended April 30, 2024, filed with the U.S. Securities
and Exchange Commission on June 7, 2024, and the other public
filings of Braze with the U.S. Securities and Exchange Commission.
The forward-looking statements included in this press release
represent the views of Braze only as of the date of this press
release, and Braze assumes no obligation, and does not intend to
update these forward-looking statements, except as required by
law.
About Braze
Braze is the leading customer engagement platform that empowers
brands to Be Absolutely Engaging.™ Braze allows any marketer to
collect and take action on any amount of data from any source, so
they can creatively engage with customers in real time, across
channels from one platform. From cross-channel messaging and
journey orchestration to Al-powered experimentation and
optimization, Braze enables companies to build and maintain
absolutely engaging relationships with their customers that foster
growth and loyalty. The company has been recognized as a 2024 U.S.
News Best Technology Companies to Work For, is a 2023 UK Best
Workplace for Women by Great Place to Work, and was named a Leader
by Gartner® in the 2023 Magic Quadrant™ for Multichannel Marketing
Hubs and in The Forrester Wave™: Cross-Channel Marketing Hubs, Q1
2023. Braze is headquartered in New York with 10+ offices across
North America, Europe, and APAC. Learn more at braze.com.
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Patrick Grier Communications Lead press@braze.com
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