SBTi has validated NetApp’s near-termscience-based targets, underscoring its commitment to decarbonization
SAN JOSE, Calif.--BUSINESS WIRE--
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it has approved new near-term science-based emissions reduction targets verified by the Science-Based Targets initiative (SBTi). These targets demonstrate NetApp’s unwavering commitment to making sustainability a crucial component of our business resilience strategy and leading the storage industry to help customers meet their energy efficiency goals.
SBTi develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels. To date, more than 4000 companies have validated science-based goals to reduce GHG emissions with commitments from nearly 3000 more to set targets.
NetApp, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50.8 percent by FY2030 from a FY2020 base year. NetApp, Inc. also commits to reduce scope 3 GHG emissions from use of sold products 51.6 percent per effective petabytes shipped by FY2030 from a FY2023 base year. SBTi has classified NetApp’s scope 1 and 2 target ambition as in line with a 1.5°C trajectory.
These targets expand and replace the decarbonization goals NetApp set in 2022. NetApp has already made progress toward its sustainability targets, reducing scope 1 and scope 2 emissions by 37 percent compared to its 2020 baseline, as reported in NetApp’s FY24 Environmental, Social, and Governance (ESG) Impact Report.
“The validation of our decarbonization targets by SBTi helps our customers rest assured that they can trust NetApp to execute a data strategy with intelligent data infrastructure that not only drives innovation but also builds a sustainable future,” said Nicola Acutt, Chief Sustainability Officer at NetApp. “We continue to drive sustainability in everything we do, not just reducing emissions, but all the way from integrating more sustainable materials and designs into our products and packaging down to our data management solutions. For us a sustainable digital future starts with data, and we are proud to be at the forefront of this transition.”
In addition to driving reduced emissions for its own operations, NetApp is helping customers advance their own energy efficiency goals. NetApp BlueXP users can gain visibility into their operations by accessing the sustainability dashboard, which provides AIOps-enabled reporting and scoring with actionable insights to reduce cost and improve their sustainability performance. Learn more at: https://docs.netapp.com/us-en/active-iq/get_started_sustainability_dashboard.html
To view NetApp’s commitment to reducing GHG emissions on the SBTi dashboard, visit: https://sciencebasedtargets.org/companies-taking-action
Additional Resources
- Expanded Emissions Reduction Targets Will Deliver Long-Term Customer Value
- Our Commitment to Sustainability
- NetApp’s Commitment to ESG Impact: FY24 in Review and Bright Future Goals
- Gain Powerful Insights and Guidance to Reach Your Sustainability Goals
About NetApp
NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data services, and CloudOps solutions to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our CloudOps solutions provide continuous optimization of performance and efficiency through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.
NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.
About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. We develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest. The SBTi is incorporated as a charity, with a subsidiary which will host our target validation services. Our partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).
www.sciencebasedtargets.org@sciencetargets
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Contact details:
Media Contact:
Kenya Hayes
NetApp
[email protected]
Investor Contact:
Kris Newton
NetApp
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