- monday.com (MNDY, Financial) releases its 2024 ESG Report, detailing significant progress in sustainability and inclusive leadership.
- Carbon emissions per dollar of revenue declined as the company scaled, showing sustainable growth.
- The company supports over 19,500 active nonprofit accounts, a 45% increase from the previous year.
monday.com (MNDY), a leading global software company, has published its 2024 Environment, Social, and Governance (ESG) Report, emphasizing the strides it has made in building a sustainable and inclusive future. The report outlines key milestones of the past year and sets ambitious goals for 2025, focusing on inclusive leadership, responsible AI, and carbon emission reduction.
Notably, monday.com reported a 61% female representation in management promotions, nearly doubling the previous year's figure. This aligns with the company's enhanced global Inclusion strategy, which now features expanded data collection and measurable goals aimed at fostering a values-driven corporate environment.
monday.com's Responsible AI Program ensures its artificial intelligence capabilities prioritize transparency and user control, consistent with privacy and zero-retention standards. Such initiatives reflect the company's commitment to responsible tech development and deployment.
In partnership with Watershed, monday.com has advanced its carbon footprint measurement, achieving a decline in emissions per dollar of revenue, even amidst corporate scaling. This signifies the company's dedication to sustainable operational growth.
Community engagement is also a cornerstone of monday.com's ESG strategy. The company now supports 19,523 active nonprofit accounts through its monday for nonprofits initiative, marking a 45% increase from the previous year. Additionally, its Startup for Startup platform has facilitated over 3,140 connections among global entrepreneurs, promoting knowledge-sharing and collaboration.
This comprehensive report was measured against the Sustainability Accounting Standards Board (SASB) standards, affirming monday.com's commitment to transparency and accountability in its ESG practices. More details can be found on their ESG page.
