Our passion comes from wanting to create the most employee-centric and responsible company in the world. We recognize that we can't have a safer world if we don't respect our planet. We believe that all people should prosper and thrive, because everything we do is through a lens of inclusion.
We advance our industry.
Making the world safer and more secure is a big job, and as an industry leader, we take that responsibility seriously. We strive to be a model corporate citizen and continuously elevate our business practices, from our employee-facing initiatives and code of conduct to our suppliers and partner ecosystem. We set a high bar for ourselves and our value chain, striving to advance our shared interest in corporate responsibility standards across our industry.
We respect our planet.
There is only one planet Earth, and we recognize the role we must take in order to protect it. From our environmental stewardship efforts at sites around the world to our commitment to becoming carbon neutral by 2030, we are taking meaningful action to make our business sustainable for the planet for the long term.
We uplift our communities.
We care about the communities we live and work in, so we mobilize our global workforce to have a positive social impact. We believe protecting our digital way of life is a privilege, and we strive to educate our communities on all aspects of cybersecurity. We invest in causes that align employee interests with community needs, and through our outreach programs, we support and uplift communities around the world.
We advance our industry.
Our first duty is to ensure our global workforce knows what it means to be part
of
the leading cybersecurity company in the world. This means each and every
employee
understands our Code
of Business Conduct and Ethics and their actions represent
that
standard.
Just as our employees accept the responsibilities of that code, as an employer,
we
accept our responsibility to co-create an employee-centric culture where we
integrate our values of disruption, execution, collaboration, integrity and
inclusion into every aspect of our People Strategy.
Ethical business practices are at the heart of Palo Alto Networks, and we expect all our suppliers, and their suppliers too, to comply with our Global Supplier Code of Conduct.
The Responsible Business Alliance (RBA) is the largest industry coalition dedicated to corporate responsibility in supply chains. Members, suppliers and stakeholders collaborate to improve working and environmental conditions as well as business performance through leading standards and practices. We view membership as a foundational component of our approach to corporate responsibility.
Our suppliers should be a reflection of the communities where we do business and the customers who find value in our products. To that end, our goal is to grow and expand our partnerships with companies throughout the value chain—particularly minority- and women-owned enterprises.
We have conducted an internal review of existing suppliers to establish a
baseline
for growth and established a working group to benchmark our supplier diversity
programs. We know that our journey to diversify our supply chain will evolve
over
time, and we are committed to making progress and increasing our outreach.
We respect our planet.
As a global leader in cybersecurity, Palo Alto Networks is committed to protecting our digital way of life. Central to that mission is our comprehensive corporate responsibility platform, which includes our pledge to protect and respect our planet. We:
Inform, engage and inspire our employees to have a positive environmental impact
Deploy best-in-class environmental initiatives across our corporate footprint
Design and distribute our products and services with minimal environmental disruption
Collaborate with our stakeholders to encourage adoption of similar environmental practices
The Paris Agreement calls for the international community to limit global warming to well below 1.5 degrees Celsius by 2050. We've set ourselves the target of doing our part to reach that goal 20 years early, and we are making great progress.
Our 2021 Climate Change Report reflects several significant steps on our acceleration toward sustainability leadership. Working closely with our board and executive leadership, we established a set of Climate Commitments to drive to net zero carbon emissions by 2030 and to set and meet ambitious Science-Based Targets. We developed a comprehensive, company- and value chain-wide climate and clean energy strategy aligned with the Science-Based Targets Initiative and the Task Force on Climate Related Financial Disclosures (TCFD). And, we partnered with Silicon Valley Clean Energy to procure 100% renewable electricity for our corporate headquarters, raising our global footprint powered by renewable energy to 71%.
In 2020, we submitted our first environmental disclosure to CDP (formerly known as the Carbon Disclosure Project). Our 2020 Climate Change Report marked an important milestone, establishing a critical baseline for our environmental efforts across the 14 modules in CDP's General Climate Change reporting framework. We were able to assess key material issues, compare our performance to useful benchmarks, benefit from CDP's assessment methodologies and identify areas in which we can continuously improve. CDP scored our report a “C” which reflects the solid foundation we have been building.
Just as we partner with others to address global cybersecurity challenges, we recognize the value of joining forces to address the climate crisis. Palo Alto Networks is actively involved in the following coalitions and advocates for environmental stewardship:
Alliance of CEO Climate Leaders: The Alliance is a global community of business leaders who use their position and influence to drive bold, corporate climate action. Members set ambitious targets, actively seek to reduce emissions within their own businesses, and in doing so, inspire other companies to do the same.
We Mean Business: This global nonprofit coalition works with the world's most influential businesses to take action on climate change.
The Climate Pledge: We've made a pledge to reach net zero carbon emissions by 2040. Companies and organizations that sign the pledge agree to regular reporting on greenhouse gas emissions, carbon elimination through business change and innovations, and credible offsets to neutralize any remaining emissions to achieve net zero annual carbon emissions by 2040.
Science Based Targets initiative (SBTi): The SBTi, a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), drives ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets. The SBTi call to action is one of the We Mean Business Coalition commitments.
With a global workforce more than 10,000 strong, employees have a multiplier effect on climate impact. Through green teams active in all regions, we're able to increase awareness of eco-friendly behaviors that align with our climate commitment. From park and waterway cleanups to environmental information sessions or activities that focus on the intersection between the environment, recreation and wellbeing, green teams have a hands-on and meaningful impact around the globe.
They set out aiming for the distance from headquarters to our London office and ended up with the distance of a lap around the world! All because of our generous, caring, and determined employees.
Happy Friday! Here's a weekend activity for a good cause. 🌎 🌍 🌏 Share your pictures and tag us. We are doing all of this for one reason and one reason only. There is #NoPlanetB #EarthDay2021 #TakingAction #GreenEducation
🌱 Our first ANZ Corporate Responsibility event happened on 10th November where employees around Australia and New Zealand took to their local streets, parks, and beaches to clean up their communities. Amazing participation rate, lots of laughs…
We uplift our communities.
We are inspiring, teaching and empowering the next generation of cybersecurity experts and advocates.
Our Global Cybersecurity Education Fund is set up to fund cybersecurity education programs and inspire students to pursue careers in technology.
Our education programs align to our Inclusion & Diversity initiatives and aim to break through traditional boundaries of background and gender to empower the next generation of cybersecurity experts.
Cyber A.C.E.S. is our free, cybersecurity education program for kids ages 5 to 15. Cyber A.C.E.S. provides the cybersecurity basics students need to have safer online experiences and become good digital citizens. Lessons can be facilitated by anyone, regardless of their knowledge level, with each module tailored to a specific age group. Palo Alto Networks employees also volunteer to deploy lessons to nonprofits and schools.
The Cybersecurity Academy prepares academic students for careers in cybersecurity and technology. It offers courseware at no cost to qualified universities, colleges and high schools, including hands-on labs, faculty training and virtual firewalls.
Our Girl Scouts of the USA partnership is designed to inspire the next generation of female cybersecurity experts! Our national cybersecurity badge program helps girls to break through traditional STEM barriers and shows them the path to exciting, challenging and well-paying jobs in tech and cybersecurity in the future.
Our Cyber STARS program addresses racial disparity in technology. It seeks to create opportunities for Black youth ages 5–25 through education, training, mentorship and economic empowerment, with a focus on organizations serving large numbers of Black and brown students.
We support community involvement and encourage employees to invest their time and monetary resources in causes that matter to them.
Employees donate to eligible nonprofits and schools, and we double their donations! From time to time, we also run special matching programs – when additional funding helps to provide relief from natural disasters and catastrophic events.
For those who give generously with their time, our “Dollars for Doers” program allows employees to have an even greater impact: each hour of volunteer time can direct US$25 to the organization!
Departments and business units enjoy volunteering as team-building, so our volunteer grant program provides a funding allowance to cover expenses for teams of eight or more who wish to make a meaningful difference.
At Palo Alto Networks, our philanthropic focus aims to align our giving with our core competency of cybersecurity as well as our commitment to improve the equity and inclusion of communities most under-represented and underserved. Our investments focus on organizations that provide basic needs, educational enrichment, health services and address social justice for populations aligned with our inclusion and diversity initiatives.
We work hand in hand with our employee network groups (ENGs) to invest in causes that serve to uplift Black, Latinx, Women, Veterans, LGBTQIA+ and individuals with disabilities. Our investments in educational programs are generally focused on advancing STEM skills for youth and young adults.
Palo Alto Networks is not currently accepting unsolicited requests for funding. For information about our corporate philanthropy guidelines, contact [email protected].
The COVID-19 pandemic has had devastating impacts around the globe and will leave waves for years, if not decades, to come.
Recognizing that we were about to enter a period of considerable uncertainty , early in the pandemic, Palo Alto Networks established a COVID Relief Fund. Through multiple internal fundraising campaigns and initiatives, employees contributed nearly $1.7 million to the Fund, and after special matching, our company raised more than $5.8 million for colleagues and communities. This money has been used to support local and regional organizations providing pandemic relief and to set up an employee relief fund for those employees experiencing hardship as a result of COVID and other disasters.Above, we’ve summarized our Corporate Responsibility pillars of Passion, Planet and People. We know that stakeholders want to understand how Palo Alto Networks is performing against standard environmental, social and governance (ESG) metrics.
In response, we released our inaugural ESG Supplement in October 2021 to highlight our achievements for FY21 and outline what’s coming next to scale our ESG agenda in FY22 and beyond.
FY21 ESG SupplementThe FY21 ESG Supplement is a demonstration of our commitment to increase transparency and engage with our stakeholders on these important topics. The supplement is aligned to the Sustainability Accounting Standards Board (SASB) Standards and to the World Economic Forum’s Stakeholder Capitalism Metrics. We look forward to increasing the frequency of future ESG communications and welcome your input.
We’re proud to be among the 2022 JUST 100 At Palo Alto Networks, how we operate has always been important as it’s a direct extension of our values. Being named in the 2022 Ranking of America’s Most JUST Companies is a significant milestone that represents our progress and execution of our environmental, social and governance (ESG) strategy.
our JUST 100 rankingRecognized by Sustainalytics as “Industry Top Rated” Sustainalytics, a Morningstar company, has recognized Palo Alto Networks as “Industry Top Rated” for 2022 based on our overall environmental, social and governance (ESG) practices. Palo Alto Networks’ ESG Risk Rating places it in the top 4th percentile in the Software & Services industry, and the top 8th in the global universe, assessed by Sustainalytics.
our Sustainalytics ESG Risk Rating ProfileCopyright ©2022 Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.
#1 Environmental and Social QualityScore by ISS Institutional Shareholder Services (ISS), a leading provider of corporate governance and responsible investment solutions, has issued* a QualityScore of 1 for Palo Alto Networks related to its disclosures of Environmental and Social business practices. A Quality Score of 1 represents the highest rating measured by ISS and reflects the company’s commitment to transparency across more than 200 factors including management of environmental risks and opportunities, carbon and climate, human rights, health & safety and stakeholders & society.
ISS ESG Ratings*QualityScore issued January 2022.
We work every day to create an environment where our employees feel safer and more
secure in
being their authentic selves than the day before. Our inclusion and diversity focus
areas
have direct intersectionality with our corporate responsibility pillars.
We are committed to expanding our inclusion initiatives to create a fair playing field
for
all to thrive—where our workforce better reflects the world in which we live. It is not
only
the right thing to do but also vital to the continued growth and success of our company.