Fastly, Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:3,050 tCO2e (Scope 2, offset)
Scope 2 Emissions:3,050 tCO2e
ESG Focus Areas
- Governance
- Social
- Environmental
Environmental Achievements
- Purchased carbon offsets to offset 3,050 carbon tonnes of non-renewable energy Scope 2 emissions from data center power consumption.
- Built a PoP power emission dashboard to report energy output data from data centers to customers.
- Recycled 100% of decommissioned data center equipment.
Social Achievements
- Launched Fastly Fast Forward program to support open source and open internet projects.
- Offered industry-leading employee benefits including health, dental, vision, mental health care, flexible time off, parental leave, and more.
- Implemented structured interviewing and interviewer training to reduce bias in hiring.
- Developed various employee resource groups (ERGs) to foster inclusion and belonging.
Governance Achievements
- Adopted Corporate Governance Guidelines to ensure board authority and practices.
- Maintained a diverse board with seven independent members, three women, and three members from underrepresented communities.
- Established ESG oversight through the Nominating and Corporate Governance Committee, Audit Committee, and Compensation Committee.
Climate Goals & Targets
Environmental Challenges
- Novel and evolving nature of ESG disclosure frameworks and metrics.
- Maintaining effective controls related to ESG disclosures.
- Reliance on third-party data and information for offset purchases.
Mitigation Strategies
- Leveraging input from trusted experts like Business for Social Responsibility (BSR).
- Ongoing assessment and refinement of Scope 1, 2, and 3 emissions.
- Plans to publicly report all emission areas and offset all associated emissions in the future.
Supply Chain Management
Responsible Procurement
- Prioritizing colocation providers with green power
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:4300 tCO2e (offset)
ESG Focus Areas
- Governance
- Social
- Environmental
Environmental Achievements
- Purchased carbon offsets to compensate for 4,300 tCO2e estimated to be associated with non-renewable energy consumption in Fastly’s PoPs during 2023.
- Recycled 100% of its decommissioned data center equipment during 2023.
- Working with customers to test a PoP power and emissions dashboard.
Social Achievements
- Fastly Fast Forward program reached 100 program members and 5 trillion requests served for open source projects.
- Hosted first ERG Leads Summit to create alignment with specific focus on community, career, culture, and company.
- Launched internship program in 2023.
Governance Achievements
- Board consists of nine members: three women and six men, and three members of underrepresented communities. Seven are independent.
- Implemented various annual ethics trainings for employees.
- Provided more data privacy compliance options by participating in the new EU-US Data Privacy Framework (DPF).
Climate Goals & Targets
Short-term Goals:
- Reduce GHG emissions in the delivery of services; prioritize colocation providers with green power.
Environmental Challenges
- Environmental challenges with the growth of digitization, digital content delivery, data processing, and the associated resource consumption and carbon emissions.
- A large portion of emissions is related to electricity consumption in data centers.
Mitigation Strategies
- Prioritizing colocation providers with green power and purchasing high-integrity carbon credits to compensate for non-renewable energy.
- Focusing on keeping material in use within networks to promote a circular ecosystem.
- Assessing targets for diverting waste away from landfills and/or recycling.
Supply Chain Management
Responsible Procurement
- Compliance with all applicable laws; no business with prohibited persons; opposition to slavery, human trafficking, child labor, forced servitude, or indentured labor.