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Share Name | Share Symbol | Market | Type |
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New Relic Inc | NYSE:NEWR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 86.99 | 0 | 01:00:00 |
New Relic (NYSE: NEWR), the observability company, published its inaugural environmental, social, and governance (ESG) 2022 Impact Report. The report encompasses New Relic’s approach to ESG, including making significant achievements in pay equity across race and gender, obtaining HITRUST certification to strengthen data security and privacy, measuring Scope 1, 2 and 3 greenhouse gas emissions, and providing more than $6.5 million in product and discounts to nonprofits and students to expand equitable access to technology.
“As a leader in observability, New Relic is proud to deepen our commitment to ESG so that we can continue to tackle the challenges and seize the opportunities facing our industry,” said New Relic CEO Bill Staples. “Our ESG program and inaugural report have been woven into the fabric of our company strategy, culture, and vision. We aim to build upon our commitment to ESG with even greater transparency and accountability and to inspire our peers across the industry to do the same.”
ESG initiatives have long been an organizational priority for New Relic. The launch of the 2022 Impact Report and formal ESG practice represents the culmination of years of this work. As a data-driven organization, New Relic has incorporated ESG into its technology, people, and business strategies, deepening transparency and rigor around ESG in order to remain accountable to steady improvement. Highlights from the Fiscal Year 2022 report include:
Looking ahead
New Relic is committed to furthering its ESG commitments and expects to:
Additional Information:
About New Relic
As a leader in observability, New Relic empowers engineers with a data-driven approach to planning, building, deploying, and running great software. New Relic delivers the only unified data platform that empowers engineers to get all telemetry—metrics, events, logs, and traces—paired with powerful full stack analysis tools to help engineers do their best work with data, not opinions. Delivered through the industry’s first usage-based consumption pricing that’s intuitive and predictable, New Relic gives engineers more value for the money by helping improve planning cycle times, change failure rates, release frequency, and mean time to resolution. This helps the world’s leading brands including American Red Cross, Australia Post, Banco Inter, Chegg, Gojek, Signify Health, TopGolf, World Fuel Services (WFS), and Zalora improve uptime, reliability, and operational efficiency to deliver exceptional customer experiences that fuel innovation and growth. www.newrelic.com.
Forward-looking statements
This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding New Relic’s ESG initiatives and future goals. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings New Relic makes with the SEC from time to time, including in New Relic’s most recent Form 10-K, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents may be obtained by visiting New Relic’s Investor Relations website at http://ir.newrelic.com or the SEC's website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220713005262/en/
Kerry Baker New Relic, Inc. PR@newrelic.com Peter Goldmacher New Relic, Inc. 503-336-9280 IR@newrelic.com
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