New Relic confirms commitment to climate action with approved Science-Based Targets

New Relic is advancing its commitment to sustainability and corporate social responsibility by achieving approval for its near-term science-based targets (SBTs) from the Science Based Targets initiative (SBTi), a collaboration of global environmental organizations. These targets align with the Intergovernmental Panel on Climate Change's (IPCC) goal to limit global warming to 1.5°C, and include a 42% reduction in absolute scope 1 greenhouse gas emissions by fiscal year 2030 from a 2020 base year, sourcing 100% renewable electricity annually through FY30, a 51.7% reduction in scope 3 emissions from business travel per employee by FY30, and ensuring that 64.7% of suppliers set approved science-based targets by 2029. New Relic distinguishes itself as the only observability company committed to achieving net-zero greenhouse gas emissions by FY30, reinforcing the importance of sustainability in its business model and alongside its customers and partners. The company pledges to report annually on these targets, maintaining transparency and accountability in its environmental, social, and governance efforts.