monday.com
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Data Security
- Data Privacy
- Supply Chain Management
- Engagement, Diversity, and Inclusion
- Systemic Risk Management
- GHG Emissions
Environmental Achievements
- Reduced system disruptions and outages (though specific quantification is missing, progress is mentioned)
Social Achievements
- Digital Lift Initiative supporting over 3.5K nonprofits with 22K monthly active users; monday.com Emergency Response Team aiding humanitarian efforts; Startup for Startup initiative with over 122K members; Sales and Consulting Academy equipping 36 people with tech skills; five global employee resource groups established
Governance Achievements
- Established ESG committee; developed ESG policy; implemented Code of Ethics and Conduct, Modern Slavery Policy, Vendor Code of Conduct, Anti-Corruption policy, and Whistleblower Policy
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce system disruptions and outages by 25% by 2023
Environmental Challenges
- Cybersecurity threats; data privacy concerns; supply chain risks (emissions, cybersecurity, human rights); system outages; GHG emissions from AWS and air travel
Mitigation Strategies
- Implementation of robust security measures (ISO 27001, ISO 27018, OWASP Top 10); global privacy program based on GDPR; Vendor Code of Conduct; robust infrastructure and policies to minimize system disruptions; plans to reduce business travel and work with suppliers to reduce emissions; climate change risk assessment planned
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Vendor Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, WEF
Certifications: ISO 27001, ISO 27018, ISO/IEC 27018:2014, ISO 27701:2019
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Digital Lift Initiative aligns with UN priority to use big data for sustainable development
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:51,251 tCO2e/year
Scope 1 Emissions:129 tCO2e/year
Scope 2 Emissions:969 tCO2e/year
Scope 3 Emissions:50,153 tCO2e/year
Renewable Energy Share:8.3%
Total Energy Consumption:2,497,669 kWh/year
Water Consumption:12,000 metric tons/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Customers
- People
- Planet
- Community
Environmental Achievements
- Planted 249,592 trees (93% of commitment)
- Recycled 81% of recyclable waste in main offices
- Sydney, Warsaw, and London sites now run on 100% renewable energy
Social Achievements
- Expanded to 9 ERG communities
- Hired a new Global DEI leader
- Invested in equitable talent management and hiring
- Prioritized employee wellness (physical and mental)
- Continued to grow talent development programs
- Launched "Tech School" initiative providing tech education to underserved communities
Governance Achievements
- Established a dedicated ESG committee of the board of directors
- Created an ESG Task Force led by operational employees
- Appointment of Petra Jenner as an independent board member
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Develop and set ambitious goals in line with climate science and the Paris Agreement (by next sustainability report)
Short-term Goals:
- Recycle at least 90% of waste at main sites in 2024
Environmental Challenges
- Measuring and reducing GHG emissions (still in initial phases)
- Maintaining data security and privacy
Mitigation Strategies
- Partnered with Watershed for carbon emission tracking and methodology development
- Implemented robust cybersecurity measures (annual red team assessments, penetration tests, bug bounty program, SOC2 Audits)
- Adopted a "Privacy by Design" mindset
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Using existing and second-hand furniture; Certified Materials Library for workplace projects
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, UN SDGs
Certifications: ISO 27001, ISO 27018, ISO 27032, ISO 27701, ISO 27017
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed