I’m excited to share that EDB has published its inaugural Sustainability Report, highlighting our Environmental, Social and Governance initiatives and the company's unique position to help revolutionize global sustainability in the new intelligent systems economy.
In 2023, we accelerated our enterprise-wide efforts around sustainability. We determined our ESG priorities through a materiality assessment — identifying, refining and validating the ESG issues affecting EDB’s business and its stakeholders. The areas of greatest impact, risk and opportunity included human capital management, diversity and inclusion, customer satisfaction, streamlined governance, business ethics and environmental impact.
We took actions to guide our future sustainability efforts including:
- Calculating our greenhouse gas (GHG) emissions baseline.
- Launching an Environmental & Climate Policy and an Environmental Management System (EMS) Policy to help us meet our sustainability goals and track our environmental performance.
- Committing to the UN Global Compact, the world’s largest corporate sustainability initiative.
- Adopting a remote-first staffing strategy to reduce employee commuting and to optimize production, providing employees with a better work-life balance and reducing our environmental footprint.
- Consolidating our data centers and offices to decrease energy use.
- Sponsoring and supporting MERMAID’s cloud-based Postgres and AI solution for coral protection.
At EDB, we are known for helping our customers achieve excellent outcomes and, in the process, leaving the world better than we found it. Highlighted in this report are key factors to achieving this goal, like the decarbonization opportunities available through EDB Postgres AI, which can help companies consolidate and optimize their data and AI workloads. This has the potential to decrease their technological and operational carbon costs and boost efficiency in energy usage.
Our Sustainability Report is an expression of EDB’s global commitment to making a difference and speaks to our firm belief that ESG is essential to the future of business. Please check it out. We have a remarkable opportunity to positively impact the world, and I am proud to share how EDB is contributing to this global effort.