Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy management and GHG emissions
• Data security and cyber risks
• Risk management
• Data privacy
• Employee development and training
• Diversity and equal opportunities
• Innovation
• Anti-harassment policy
• Recycling
• Conflict minerals
• Products impact
• Bribery and corruption
• Green procurement and sustainable supply chain
• Response to natural disasters
• Community involvement
• Renewable energies
• Accessibility
• Sustainable travel
• Equal pay
• Waste management

Environmental Achievements

• 15% annual decrease of total electricity consumption (compared to 2019)
• 20% decrease of fuel consumption (compared to 2019)
• 45% decrease in paper consumption (compared to 2019)
• 5% decrease in total water consumption in our Israeli office (compared to 2019)
• 37% more electronic waste recycled in 2020 than the previous year

Social Achievements

• Named in the Top 100 Workplaces for Diverse Representation by Mogul and by The Marker (BDI)
• Launched a pilot mentoring program in the U.S.
• Implemented a global engagement activities program including virtual communication channels, virtual onboarding, virtual learning, global hackathon, upskilling program, and wellbeing initiatives.
• Partnered with She-codes and QueenB to promote women in high-tech.
• No reports of sexual harassment in the past five years.
• 90% of employees participated in trainings in 2020 (up from 85% in 2019).
• Global Hackathon with 101 active contestants and 20 teams.
• First Global Social Responsibility event impacting over 2,000 families worldwide.

Governance Achievements

• 100% of employees were acquainted with the Code of Conduct and Ethics.
• No reported cases related to harassment or discrimination in 2020.
• No reported cases related to corruption in 2020.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting business operations and employee wellbeing.
• Increased cyberattack activity due to remote work and cloud migration.
• Managing bot traffic and mitigating misinformation spread.
• Ensuring data security and privacy in a rapidly evolving digital landscape.

Mitigation Strategies

• Implemented remote work and safety regulations for on-site employees.
• Opened a hotline offering expert sessions on stress management and remote work support.
• Implemented a program of global engagement activities to support employee wellbeing.
• Developed and deployed cybersecurity solutions to protect against various attack vectors.
• Provided 24-hour customer support.
• Implemented policies and measures to detect, report, and address data breaches.

Supply Chain Management

Supplier Audits: Bi-annual audits of main manufacturers

Responsible Procurement

• Requirement for ISO 14001:2015 accreditation for ODMs
• Documented environmental policies for manufacturers
• Compliance with RoHS, WEEE, REACH, and UL 94V02 directives
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Software & IT Services Sustainability Accounting Standard, UN Global Compact, UN Sustainable Development Goals, TCFD, World Economic Forum International Business Council Stakeholder Capitalism Metrics

Certifications: ISO 9001, ISO 14001, ISO 27001, ISO 28000, ISO 45001, ISO 27017, ISO 27018, ISO 27032

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 10: Reduced Inequalities
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

Radware's activities align with these SDGs through various initiatives described in the report.

Sustainable Products & Innovation

• Alteon load balancing product reducing server needs
• Shift to online instruction manuals

Awards & Recognition

• Bronze medal in 2020 EcoVadis sustainability assessment

Environmental Metrics

ESG Focus Areas

• Energy management and GHG emissions
• Data security and cyber risks
• Risk management
• Data privacy
• Employee development and training
• Diversity and equal opportunities
• Innovation
• Anti-harassment policy
• Recycling
• Conflict minerals
• Products impact
• Bribery and corruption
• Green procurement and sustainable supply chain
• Community involvement
• Accessibility
• Sustainable travel
• Equal pay
• Waste management

Environmental Achievements

• 6% decrease in electricity consumption across Israeli sites from 2020 to 2022
• Commitment to Science Based Targets initiative for near-term greenhouse gas emission reductions
• 100% of ODMs compliant with ISO 14001:2015 standards
• 100% of ODMs have established environmental policies
• Reduction in electricity and water consumption per employee

Social Achievements

• Launched a Talent Development Initiative for top talents
• Annual recognition of top contributors through COE Awards and Sales MVP event
• No reports of sexual harassment in the past seven years
• Annual gender pay gap analysis conducted
• Global Hackathon with 87 contributors and 16 teams

Governance Achievements

• Updated Code of Conduct and Ethics in February 2022
• Updated Anti-Corruption Policy in February 2022
• No reported cases related to corruption or harassment/discrimination in 2021 and 2022

Climate Goals & Targets

Environmental Challenges

• Increasingly sophisticated cyber threats due to geopolitical tensions and conflicts
• Shifting attack patterns to application layer (L7)
• Growth in malicious events and DDoS attacks

Mitigation Strategies

• Providing a full range of enterprise-grade DDoS protection services in the cloud
• Offering multi-vector DDoS attack detection and mitigation service
• Providing enterprise-grade, continuously adaptive web application and API protection
• Offering comprehensive protection of web applications, mobile apps, and APIs from automated threats

Supply Chain Management

Supplier Audits: Bi-annual audits of primary manufacturers

Responsible Procurement

• Mandating ISO 14001:2015 accreditation for ODMs
• Requiring documented environmental policies from manufacturers
• Insisting on compliance with relevant European Directives (RoHS, WEEE, REACH, UL 94V02)
• Training for buyers on sustainable procurement practices
• Survey on suppliers’ GHG emissions and sustainability initiatives

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Software & IT Services Sustainability Accounting Standard, UN Global Compact, Sustainable Development Goals, TCFD, World Economic Forum International Business Council Stakeholder Capitalism Metrics

Certifications: ISO 9001, ISO 90003, ISO 22301, ISO 14001, ISO 28000, ISO 45001, ISO 27001, ISO 27017, ISO 27018, ISO 27032, ISO 27701, 80 Plus

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 13 (Climate Action)

Radware's initiatives target environmental responsibility, infrastructure and innovation, sustainable consumption and production, human rights and ethical practices, inclusivity and equality, and climate action.

Sustainable Products & Innovation

• Alteon load balancing product (streamlines data streaming, reduces server needs)

Awards & Recognition

• Bronze medal in 2022 EcoVadis sustainability assessment
• C score in 2022 Carbon Disclosure Project report