Climate Change Data

RingCentral, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Modern Slavery
  • Human Trafficking

Social Achievements

  • Implemented a global Code of Business Conduct and Ethics requiring ethical and humane treatment of all people, with annual mandatory training for all employees.
  • Conducted a focused risk assessment on modern slavery to determine the effectiveness of actions taken to address modern slavery risks in the business and supply chain.
  • Incorporated an anti-slavery clause into its master services agreement with vendors, requiring suppliers and their employees to commit not to engage in slavery or human trafficking and to conduct due diligence of their own supply chain.
  • Offers multiple reporting channels (web portal and helpline) for anonymous reporting of concerns related to modern slavery.

Governance Achievements

  • Directors of RingCentral UK Ltd and RingCentral Australia Pty Ltd approved the Modern Slavery statement.

Climate Goals & Targets

Environmental Challenges

  • Risk of modern slavery in the supply chain, although assessed as low due to the nature of the software industry and RingCentral's business model.
Mitigation Strategies
  • Continuous review of business, labor practices, and vendor/supplier onboarding practices to combat modern slavery.
  • Periodic risk assessments of modern slavery and actions to mitigate that risk.
  • Benchmarking with peer companies on best practices.
  • Investigation of allegations of wrongdoing related to modern slavery and implementation of remedial measures.
  • Public hotline for anonymous reporting of allegations.

Supply Chain Management

Responsible Procurement
  • Vendor Code of Conduct
  • Anti-slavery clause in master services agreements

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Modern Slavery Act 2015 (UK), Modern Slavery Act 2018 (Australia)

Reporting Period: 2023

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:3,614,004.17 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Implemented a sustainability program for RingCentral workplaces
  • Established the RingCentral Commitment to the Environment to reduce environmental impacts
  • Two offices received LEED certifications (LEED Silver and LEED Gold)

Social Achievements

  • $15.1M invested in diverse suppliers
  • 28 awards recognizing efforts in DE&I, partnerships, philanthropy, and culture
  • 200+ nonprofits benefited through volunteering and donations
  • Nearly 200 hours volunteered
  • $424K donations made by RingCentral & employees

Governance Achievements

  • Improved & maintained ESG ratings from MSCI (AA), Ecovadis (Top 13% - silver medal), and ISS (prime rating)
  • All employees engaged in up to 7 hours of ethics and compliance training
  • Established a cross-functional AI governance council

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Vendor Code of Conduct and Supplier Terms & Conditions

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI, SBTi

Certifications: ISO 27001/27017/27018, ISO 22301, SOC2/SOC3/C5, HiTrust, UK Cyber Security Essentials and Plus, PCI DSS

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Cloud-based solutions enabling customers to reduce environmental impact

Awards & Recognition

  • Military Friendly Employer, silver rank
  • Top 25 ERGs (multiple)
  • Impact Spotlight, WISE
  • 2023 Workplace Impact Award for TN2T
  • Women Impact Tech 2023 Honoree
  • Comparably Best CEO for Diversity (#3)
  • Comparably Best CEO for Women
  • Comparably Best Company for Diversity (#14)
  • Comparably Best Company for Women
  • Gartner Magic Quadrant Leader for UCaaS (9th year)
  • Ranked highest in 3 of 6 Gartner Critical Capabilities for UCaaS Use Cases
  • Best Community Outreach and Support for 2023 Industry Digital Innovation Award
  • TrustRadius 2023 Best of Awards
  • DevPortal Awards