Pure Storage, Inc.
Climate Impact & Sustainability Data (2020-02-01 to 2021-01-31, 2021, 2022-02-07 to 2023-02-05, 2023-02-06 to 2024-02-04, 2024, FY20 to FY23)
Reporting Period: 2020-02-01 to 2021-01-31
Environmental Metrics
ESG Focus Areas
- Energy, Emissions and Climate Resilience
- Data Security and Privacy
- Ethical Business Practices
- Talent Acquisition, Retention & Development
- Diversity, Equity & Inclusion
Environmental Achievements
- Up to 80% reduction in direct carbon usage versus competitive all-flash systems
- FlashArray//C60: Reduces GHG emissions and energy consumption by 75% when compared to a competitive hybrid array.
- FlashArray//X70: Reduces GHG emissions and energy consumption by over 84% when compared to a competitive all-flash array.
- FlashArray//XL170: Reduces GHG emissions and energy consumption by over 80% when compared to a competitive all-flash array.
Social Achievements
- 95 out of 100 score in Pure’s first Human Rights Campaign’s 2022 Best Places to Work Corporate Equality Index.
- Pure trains 100% of employees every six months on data security and privacy protocols.
Governance Achievements
- Completed first SOC 2 audit and certification; plans to obtain ISO 27001 certification in 2022.
Climate Goals & Targets
- Achieve net zero market-based Scope 1 and 2 emissions by FY40
- 50% intensity reduction in market-based Scope 1 and 2 GHG emissions per employee from FY20 to FY30
- 3x reduction in direct carbon usage per petabyte by FY30
Environmental Challenges
- Reducing Scope 3 emissions
Mitigation Strategies
- Commitment to further reducing sold products emissions by 66% per petabyte.
Supply Chain Management
Responsible Procurement
- Purchasing Code of Conduct for all non-manufacturing suppliers (planned for 2022)
- Supplier Code of Conduct for manufacturing suppliers (follows Responsible Business Alliance (RBA) Code of Conduct)
- Commitment to conflict-free minerals
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, SASB Hardware Industry Standards
Certifications: SOC 2
Sustainable Products & Innovation
- FlashArray//X70
- FlashArray//C60
- FlashArray//XL170
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Ethical Business Practices
- Corporate Governance
- Environmental Sustainability
- Sustainable Supply Chain
Environmental Achievements
- Reduced Scope 1 emissions to 273 metric tons CO2e
- Complies with all European Union waste regulations from the Electrical and Electronic Equipment (WEEE) Directive
Social Achievements
- 95% of employees agreed or strongly agreed that Pure “acts on a clear set of core values.”
- 96% of employees agreed or strongly agreed that executive management sets clear expectations about the need to comply with the Code of Conduct.
- 93% of employees agreed or strongly agreed that “Pure demonstrates our core values through our transactions with third parties, including partners and customers.”
- No confirmed incidents of bribery or corruption in 2020 and 2021.
Governance Achievements
- Established a Speak Up hotline for anonymous reporting of concerns.
- Implemented annual mandatory training on Code of Conduct, anti-discrimination and harassment, and privacy.
- Annual supplemental business integrity and anti-bribery and anti-corruption training for Sales and Finance teams.
- Chief Legal Officer oversees ethics and reports directly to the CEO and provides quarterly presentations to the Board of Directors and the Audit Committee.
Climate Goals & Targets
- Align climate reporting with TCFD recommendations.
Environmental Challenges
- Minimizing environmental impact from operations and supply chain.
- Building resilience to the physical risks of climate change.
Mitigation Strategies
- Proactive approach toward climate-related risk mitigation embedded into enterprise risk management and business continuity planning.
- All Pure contract manufacturers are required to have business continuity plans (BCPs) that Pure reviews on a quarterly basis.
- Multi-site, multi-continent strategy to enhance resilience at manufacturing sites.
- Flexible supply chain to mitigate shortages from natural disasters and pandemics.
Supply Chain Management
Responsible Procurement
- Responsible Business Alliance framework for manufacturing suppliers
- Purchasing Code of Conduct for non-manufacturing suppliers (planned for 2022)
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes, floods, extreme weather
Reporting Period: 2022-02-07 to 2023-02-05
Environmental Metrics
ESG Focus Areas
- Data Security and Privacy
- Energy, Emissions, and Climate Resilience
- Talent Acquisition, Retention, and Development
- Ethical Business Practices
- Diversity, Equity, and Inclusion
Environmental Achievements
- Reduced emissions per effective petabyte by 25% since setting a 2030 target to reduce them by 66% against a FY20 baseline.
- Leased 74% of office space in certified green buildings.
- Diverted 97% of data center waste from landfill.
Social Achievements
- Grew headcount by approximately 22%.
- Employee engagement score of 85% (a 2% point increase YoY).
- Launched Inclusive Leadership Index (ILI) holding VPs accountable for DEI objectives.
- Advanced diversity representation, including 31.5% women in director roles and 11.4% under-represented group (URG).
Governance Achievements
- Integrated ESG governance into the company’s overall governance structure, including board oversight of ESG-related topics.
- Codified ethics and compliance expectations for employees, partners, and suppliers in our Code of Conduct.
- Obtained ISO/IEC: 27001:2013 certification for Portworx.
Climate Goals & Targets
- Net zero emissions by 2040 (Scope 1 and market-based Scope 2).
- Align ESG Report to the Task Force on Climate-related Financial Disclosures (TCFD).
- Directly procure renewable energy for Santa Clara headquarters.
- Obtain third-party verification of GHG emissions (Scope 1, 2, and 3).
- Set near-term science-based targets for approval by the SBTi.
Environmental Challenges
- Scope 3 emissions, particularly use of sold products, represent the largest portion of the GHG footprint.
- Varying renewable energy mix across data center providers.
Mitigation Strategies
- Committed to setting science-based targets covering Scope 1, 2, and 3 emissions through the Science Based Target Initiative (SBTi).
- Integrating renewable energy mix considerations in data center procurement decisions starting in FY24.
Supply Chain Management
Supplier Audits: 100% of Tier 1 supplier facilities audited in the RBA Validated Audit Process (VAP) or equivalent.
Responsible Procurement
- Responsible Minerals Initiative (RMI) alignment.
- Supplier Code of Conduct specifying working conditions and respect for human rights.
- Responsible Business Alliance (RBA) collaboration and tools.
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes
- Floods
- Extreme weather
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Universal Standards, SASB Hardware Industry Standards, SASB Software & IT Services Standards, UN Sustainable Development Goals (UN SDGs)
Certifications: LEED Gold, WELL Building, ISO/IEC: 27001:2013 (Portworx)
UN Sustainable Development Goals
- Goal 5
- Goal 8
- Goal 9
- Goal 12
Pure Storage's ESG strategy and initiatives align with these goals through various programs, policies, and charitable contributions.
Sustainable Products & Innovation
- Pure//E™ family (FlashBlade//E™ and FlashArray//E™)
- Latest generation of FlashArray//X™ and FlashArray//C™ products
Awards & Recognition
- Business Intelligence Group: 2022 Sustainability Award
- Fortune: Best Workplaces in Technology 2022
- Great Places to Work: Best Workplaces for Parents 2022
- Human Rights Campaign Corporate Equality Index 2022
- Newsweek: Most Loved Workplaces 2022
- San Francisco Business Times: Top 100 Bay Area Corporate Philanthropists of 2022
- Silicon Valley Business Journal: Best Places to Work in the Bay Area 2023: Largest Companies
Reporting Period: 2023-02-06 to 2024-02-04
Environmental Metrics
ESG Focus Areas
- Climate Change
- Product Sustainability
- Corporate Governance
- Diversity, Equity, and Inclusion
- Community Engagement
- Data Security and Privacy
- Health, Safety, and Well-being
- Waste
- Emissions and Energy
- Responsible Sourcing
- Talent Acquisition, Retention, and Development
- Water
Environmental Achievements
- Achieved third-party verification of both FY23 and FY24 GHG emissions.
- Purchased renewable energy to cover 100% of Pure Storage headquarters.
- Aligned with the Task Force on Climate-related Financial Disclosure (TCFD).
- Updated supplier scorecard to include ESG (10% of score).
- 52.7% reduction in Scope 3, Category 11 Use of Sold Product GHG emissions intensity (MT per effective PB shipped) year-over-year.
Social Achievements
- Received an 8.1/10 Overall Employee Engagement Index score.
- Received a job candidate Net Promoter Score (NPS) of 89.
- Increased Talent Development Index from 78% to 82% year-over-year.
- Increased Inclusive Leadership Index for VP+ by 47% year-over-year.
- Achieved diverse supplier spend of 6%.
- $2.2M in charitable donations by the Pure Good Foundation and Pure Storage to nonprofits globally.
Governance Achievements
- Piloted impact accounting in partnership with the Value Balancing Alliance.
- Reduced ESG risk rating to 16.4 (Low Risk) on Sustainalytics.
- Expanded ethics and compliance expectations for employees, partners, and suppliers.
- Applied security processes to company operations as a whole.
- Launched Data Privacy Council.
Climate Goals & Targets
- Net zero emissions by 2040 (Scope 1 and market-based Scope 2).
- Reduce Scope 3—use of sold product emissions per effective petabyte, by 66% by 2030, against a FY20 baseline.
- Not disclosed
Environmental Challenges
- Challenges in collecting precise operational water metrics due to leased facilities.
- Challenges in collecting precise data on operational waste metrics at co-leased or multi-tenant facilities.
Mitigation Strategies
- Established working groups for waste and water to enhance data collection and reporting.
- Contracted with a new waste services vendor guaranteeing 100% data center waste diversion from landfill.
- Initiated a targeted water survey at contract manufacturer facilities.
Supply Chain Management
Supplier Audits: 100% of Tier 1 supplier facilities audited in the RBA Validated Audit Process (VAP) or equivalent.
Responsible Procurement
- Supplier Code of Conduct
- Sustainable Procurement Policy
- RBA membership
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather, flooding
Transition Risks
- Regulatory changes, market shifts, evolving customer needs
Opportunities
- Development of energy-efficient products, capturing market demand for sustainable solutions.
Reporting Standards
Frameworks Used: GRI Universal Standards, SASB Hardware Industry Standards, SASB Software & IT Services Standards, TCFD, UN SDGs
Certifications: ISO 27001, Energy Star, LEED, WELL
Third-party Assurance: Apex
UN Sustainable Development Goals
- Goal 5: Gender Equality
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation and Infrastructure
- Goal 12: Responsible Consumption and Production
Pure Storage's initiatives contribute to these goals through sustainable product design, diverse workforce, community engagement, and responsible supply chain practices.
Sustainable Products & Innovation
- Evergreen family of products, Pure//E family of products
Awards & Recognition
- Fortune: Best Workplaces in Technology 2023
- Fortune: Best Workplaces for Women 2023
- Fortune: Best Workplaces for Millennials 2023
- Great Places to Work: Best Workplaces for Parents 2023
- Human Rights Campaign: Corporate Equality Index 2023
- Newsweek: Global Most Loved Workplaces 2023
- Silicon Valley Business Journal: Best Places to Work in the Bay Area 2023
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon emissions from product use by up to 85%
- Products consume as little as 1/5th the energy and data center floor space as competitive solutions
- Avoided space consumption equivalent to 2.7 average US data centers
- Purchased renewable energy to cover 100% of Pure Storage headquarters
Social Achievements
- Received an 8.1/10 Overall Employee Engagement Index score
- Received a job candidate Net Promoter Score (NPS) of 89
- Increased Talent Development Index from 78% to 82% Y/Y
- Increased Inclusive Leadership Index for VP+ by 47% Y/Y
- $2.2M in charitable donations
Governance Achievements
- Reduced ESG risk rating to 16.4 (Low Risk)
- Expanded ethics and compliance expectations for employees, partners, and suppliers
- Aligned with the Task Force on Climate-related Financial Disclosure (TCFD)
- Achieved third-party verification of FY23 GHG emissions; FY24 verification is underway
Climate Goals & Targets
- Continue density improvements and focus on hyperscalers; surpass power supply efficiency in the US
- Increase chassis density to accommodate additional DFMs
- Exceed power supply efficiency requirements in the US by shipping products with Titanium-rated power supplies
- Deliver a 150 TB capacity DFM in FY25
Environmental Challenges
- Exponential growth of data and AI predicted to push global data center energy consumption to four percent of all energy produced
- Data centers in the US expected to use nearly six percent of all US electricity by the end of the decade
Mitigation Strategies
- Developing energy-efficient products (up to 10 times less energy than HDDs and up to 5 times less than SSDs)
- Implementing impact accounting to quantify costs of activities like greenhouse gas emissions, material use, water, waste, and land use
- Piloting impact accounting in partnership with Sustainalytics
Supply Chain Management
Responsible Procurement
- Updated supplier scorecard to include ESG, representing 10% of the score
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14044
Sustainable Products & Innovation
- Pure//E family of All-flash Storage
- FlashArray//X and FlashArray//C products
Awards & Recognition
- Fortune: Best Workplaces in Technology 2023
- Fortune: Best Workplaces for Women 2023
- Fortune: Best Workplaces for Millennials 2023
- Great Places to Work: Best Workplaces for Parents 2023
- Human Rights Campaign: Corporate Equality Index 2023
- Newsweek: Global Most Loved Workplaces 2023
- Silicon Valley Business Journal: Best Places to Work in the Bay Area 2023: Largest Companies
Reporting Period: FY20 to FY23
Environmental Metrics
ESG Focus Areas
- Greenhouse Gas Emissions
- Human Capital
- Supply Chain Sustainability
Environmental Achievements
- Reduced GHG emissions intensity by FYE revenue from 1.22 mt CO2e/$ millions in FY20 to 1.09 mt CO2e/$ millions in FY22
- Reduced GHG emissions intensity per effective PB shipped from 65.94 mt CO2e/PBe in FY20 to 48.89 mt CO2e/PBe in FY22
- Reduced energy demand intensity per $ million in revenue from 6.22 MWh/$ million in FY20 to 4.04 MWh/$ million in FY22
Social Achievements
- 85% employee engagement in FY23 EVS survey
- Improved gender diversity across various levels of the organization from FY20 to FY23
- Initiatives to support workforce development through grant making and employee volunteerism/mentorship
Governance Achievements
- 100% of active employees completed annual acknowledgement of key policies for the last four years
- Annual Global Compliance Risk Assessment conducted by Legal Compliance
- No confirmed incidents of bribery in the last year
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Calculation oversight in FY20 scope 2 GHG emissions calculation
- Data limitations in DEI data for FY20 and FY21
Mitigation Strategies
- Restated FY20 GHG inventory data to correct errors
- Restated FY20 and FY21 human capital data to improve accuracy and align with fiscal year
Supply Chain Management
Supplier Audits: 100% of Tier 1 supplier facilities audited in the RBA Validated Audit Process (VAP) or equivalent (FY23)
Responsible Procurement
- Commitment to the Responsible Business Alliance (RBA) Code of Ethics
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, UN SDGs
Certifications: Null
Third-party Assurance: Plan to obtain third-party verification of GHG emissions data as of FY24 ESG Report
UN Sustainable Development Goals
- Goal 5
- Goal 8
- Goal 9
- Goal 12
Pure Storage’s ESG strategy and initiatives align most closely to these four UN SDGs and six related targets.
Sustainable Products & Innovation
- Designing and building products that are far more sustainable and energy-efficient
Awards & Recognition
- Not disclosed