New Relic is advancing its commitment to sustainability and corporate social responsibility by setting and receiving approval for near-term science-based targets (SBTs) from the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. The company has pledged to significantly reduce greenhouse gas emissions, aiming for a 42% reduction in scope 1 emissions and a 51.7% reduction in scope 3 emissions from business travel by 2030, while continuing to source 100% renewable electricity. Furthermore, New Relic is the only observability company committed to achieving net-zero greenhouse gas emissions by fiscal year 2030. These efforts reflect New Relic's broader strategy to work collaboratively with customers and partners who also prioritize sustainability, and the company will report on its progress annually.