Fortinet Releases its 2022 Sustainability Report
Barbara Maigret, SVP, Global Head of
Sustainability at Fortinet“Sustainability is central to
our company vision: making possible a digital world you can always
trust. In Fortinet’s 2022 Sustainability Report, we are proud to
share the progress we’re making in embedding ESG into our business
and addressing cybersecurity as a sustainability issue to build a
more sustainable world and safer internet. This year’s report also
supports our commitment to transparency toward our stakeholders
with the inclusion of additional disclosure against the United
Nations Sustainable Development Goals (UN SDGs) and the Task Force
on Climate-Related Financial Disclosures (TCFD) index.”
News SummaryFortinet® (NASDAQ:
FTNT), the global cybersecurity leader driving the convergence of
networking and security, today released its 2022 Sustainability
Report, detailing the company’s progress on priority sustainability
issues affecting Fortinet, its customers, and other
stakeholders.
Fortinet’s corporate social responsibility
mission is focused on delivering innovative sustainable security
technologies, diversifying cybersecurity talent, and promoting
responsible business across its value chain. In 2022, Fortinet was
named to Dow Jones Sustainability World and North America Indices
among the top sustainable companies in the Software industry, and
included in the S&P Global Sustainability Yearbook 2023 – the
world’s most comprehensive publication on corporate
sustainability.
Highlights from Fortinet’s 2022 Sustainability
Report include:
- Progress on Fortinet’s
commitment to net zero: In September 2022, Fortinet signed
on to the Science-based Target Initiative (SBTi) commitment to
achieve net-zero greenhouse gas emissions across its value chain by
no later than 2050. This year, the company disclosed its Scope 3
emissions, capturing the 12 categories relevant to the company as
defined by the GHG Protocol.
- Leadership in product
energy efficiency: Fortinet continues to improve the power
efficiency of its FortiGate Next-Generation Firewall appliances
across generations. The FortiGate F series models launched in 2022
consume 66% less power on average than the previous generation of
equivalent models, helping customers reduce their electricity bill
and GHG emissions.
- Use of eco-friendly packaging: Fortinet has
been redesigning its product packaging to replace plastics with
biodegradable paper, cardboard or recycled by-products and to
remove plastic bags for elements like antennas and other
accessories. In 2022, Fortinet shipped over 500,000 boxes with 100%
eco-friendly packaging.
- Fostering diversity,
equity, and inclusion (DEI): Fortinet’s focus on promoting
gender diversity among its workforce resulted in a 39% increase of
women hired compared to 2021. The company has also further
formalized its DEI organizational governance by establishing its
DEI Organizing Committee and its Council.
- Progress toward our goal to
train 1 million people in cybersecurity by 2026: In 2022,
Fortinet empowered over 219,000 individuals to reskill or expand
their skills for a career in cybersecurity through various
initiatives sponsored by the Fortinet Training Institute, which
aims to address the industry talent shortage.
- Partnership against
cybercrime: Fortinet has been an active contributor in
anticipating, analyzing, and disrupting cybercrime in 2022 through
several partnerships and joint initiatives such as Interpol’s
anti-cybercrime operation in Africa and the World Economic Forum’s
Cybercrime Atlas project that aims to map major cybercrime
syndicates.
Fortinet’s Sustainability Report references the
Task Force on Climate-related Financial Disclosures (TCFD), the
Global Reporting Initiative (GRI) Standards, Sustainability
Accountability Standards Board (SASB) Standards and the United
Nations Sustainable Development Goals (UN SDGs). The report details
Fortinet’s progress and metrics across the following eight priority
issues: cybersecurity risks to society; information security &
privacy; product environmental impacts; environmental management
& climate change impacts; diversity, equity and inclusion;
cybersecurity skills gap; business ethics; and responsible product
use.
Additional Resources
- Read the full
Fortinet 2022 Sustainability Report
- Learn more about
Fortinet’s Corporate Social Responsibility vision and
approach.
- Follow Fortinet on Twitter, LinkedIn, Facebook,
and Instagram. Subscribe to Fortinet on YouTube.
About FortinetFortinet (NASDAQ: FTNT) is a
driving force in the evolution of cybersecurity and the convergence
of networking and security. Our mission is to secure people,
devices, and data everywhere, and today we deliver cybersecurity
everywhere you need it with the largest integrated portfolio of
over 50 enterprise-grade products. Well over half a million
customers trust Fortinet's solutions, which are among the most
deployed, most patented, and most validated in the industry. The
Fortinet Training Institute, one of the largest and broadest
training programs in the industry, is dedicated to making
cybersecurity training and new career opportunities available to
everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and
research organization, develops and utilizes leading-edge machine
learning and AI technologies to provide customers with timely and
consistently top-rated protection and actionable threat
intelligence. Learn more at https://www.fortinet.com, the Fortinet
Blog, and FortiGuard Labs.
FTNT-O
Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols
® and ™ denote respectively federally registered trademarks and
common law trademarks of Fortinet, Inc., its subsidiaries and
affiliates. Fortinet’s trademarks include, but are not limited to,
the following: Fortinet, the Fortinet logo, FortiGate, FortiOS,
FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC,
FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC,
FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam,
FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera,
FortiCarrier, FortiCASB, FortiCentral, FortiConnect,
FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS,
FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR,
FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB,
FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink,
FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest,
FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence,
FortiProxy, FortiRecon, FortiRecorder, FortiSASE,
FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch,
FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN,
FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other
trademarks belong to their respective owners. Fortinet has not
independently verified statements or certifications herein
attributed to third parties and Fortinet does not independently
endorse such statements. Notwithstanding anything to the contrary
herein, nothing herein constitutes a warranty, guarantee, contract,
binding specification or other binding commitment by Fortinet or
any indication of intent related to a binding commitment, and
performance and other specification information herein may be
unique to certain environments.
Media
Contact: |
Investor Contact: |
Analyst Contact: |
Stephanie Lira |
Peter Salkowski |
Brian Greenberg |
Fortinet, Inc. |
Fortinet, Inc. |
Fortinet, Inc. |
408-235-7700 |
408-331-4595 |
408-235-7700 |
pr@fortinet.com |
psalkowski@fortinet.com |
analystrelations@fortinet.com |
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