Fortinet Releases its 2023 Sustainability Report

Report provides a comprehensive overview of Fortinet’s sustainability progress and initiatives from the past year

SUNNYVALE, Calif., April 10, 2024 (GLOBE NEWSWIRE) --

Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet
“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."

News Summary

Fortinet (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today 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.

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.