Fortinet Releases its 2023 Sustainability Report
Fortinet, the global cybersecurity leader driving the convergence
of networking and security, released its 2023 Sustainability Report. This annual report
outlines the company's approach, commitments, and progress on the
sustainability issues that matter most to Fortinet and its stakeholders,
including employees, investors, suppliers, partners, and customers.
As detailed in the report, Fortinet’s sustainability approach has
four pillars: addressing cyber risks to society, diversifying cybersecurity
talent, respecting the environment, and promoting responsible
business across its value chain. In support of the company’s commitment to
sustainability and the Sustainable Development Goals (SDGs), Fortinet joined
the UN Global Compact in 2023 and adheres to its human rights,
labor, environment, and anti-corruption principles. Additionally, Fortinet was
recognized in the 2023 Dow Jones Sustainability Indices (DJSI) World and
North America indices for the second year as a testament to the
company’s ongoing sustainability efforts and dedication to building a more
sustainable future for all.
“ Our commitment to
sustainability is critical to help address today’s societal challenges while
supporting the long-term success and resilience of our business. As part of
this commitment, our work in building a safer digital world has become
mission-critical and essential to our society and economy. While we are proud
of the progress in this year’s sustainability report, we are mindful that
advancing our sustainability goals and efforts is a continuous journey of
improvement, said, Ken Xie,
Founder, Chairman of the Board, and CEO at Fortinet.
Highlights from
the Fortinet 2023 Sustainability Report include:
· Progress
toward net-zero greenhouse gas emission targets: The
company continues investing in green energy sources, including its new garage
space in Sunnyvale, where solar panels will cover the power needs of Fortinet’s
headquarters and nearby owned sites. In 2024, Fortinet will submit its
decarbonization plan to the Science-Based Targets initiative (SBTi) for
validation.
· Improving
product energy efficiency: Fortinet continues to improve the power
efficiency of its FortiGate appliances—its 2023 models consume, on average, 62%
less power than the previous generation of equivalent models.
· Sustainable
packaging: Fortinet continues to explore and introduce packaging made from
biodegradable materials, applying it to more than 60 models across its product
lines. The eco-friendly packaging manufactured in 2023 helped Fortinet avoid an
estimated 455 tons of CO2 emissions.
· Progress
toward training 1 million people in cybersecurity by 2026: As of
December 31, 2023, Fortinet stands at 43% of its five-year goal. Last year, the
company expanded its efforts to close the cyber skills gap by providing free
access to various curricula, fostering online safety awareness and nurturing
future cybersecurity professionals among students.
· Diversity,
Equity, and Inclusion (DEI): In 2023, Fortinet
strengthened its internal leadership development program to further drive a
focus on inclusion. As a result, over 340 Fortinet leaders were trained to
foster inclusion.
· Partnerships
to disrupt cybercrime: Fortinet continues expanding its collaboration efforts to combat
cybercrime. In 2023, the company joined the Joint
Cyber Defense Collaborative (JCDC) and through the INTERPOL
Gateway program contributed to the arrest of 15 cybercriminal groups and the
prevention of $40 million in financial losses.
· Commitment
to ethical business practices and legal compliance: In 2023,
100% of the company’s distributors and key contract manufacturers completed
Fortinet’s business ethics and compliance training, acknowledging their
alignment with Fortinet’s values and principles.
· Information
security and privacy: Fortinet launched its Trust Resource Center to offer customers
visibility on certifications, compliance, and security information. Fortinet
also renewed information security certifications and examinations and completed
new ones, including expanding the products and services covered by ISO 27001,
SOC 2, and HIPAA.
Fortinet’s 2023 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 eight
priority issues: innovating for a safe internet, information security and
privacy; product environmental impacts; environmental management and climate
change impacts; diversity, equity, and inclusion; cybersecurity skills gap;
business ethics; and responsible product use.
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