Our inaugural Environmental, Social, and Governance (ESG) Impact Report
Published on October 27, 2022
As a company whose mission is to design a more enlightened way of working, Dropbox is focused on building tools to help people better organize their cloud content and the workflows around it. Along with creating great products, we believe our long-term success depends on supporting equity and sustainability for all of our stakeholders - including our customers, employees, shareholders, and partners.
Today, we’re excited to publish our inaugural Environmental, Social, and Governance (ESG) Impact Report. It outlines our commitment to, and progress towards, achieving our sustainability goals, investing in social impact initiatives, prioritizing privacy and security, and being a force for good both inside and outside our (virtual) walls.
Below are some highlights of our ESG impact in 2021:
- We’ve made substantial headway on our 2030 sustainability goals by sourcing 100% renewable energy for all of our data center IT power.
- We achieved carbon neutrality for our Scope 1, Scope 2 (market-based), and Scope 3* business-travel emissions.
- In 2021, Dropbox became a signatory to the United Nations Global Compact (UNGC) on human rights, labor, environment, and anti-corruption.
- We reached a representation of 42% women senior leaders and 12% URMs in our overall workforce.
- We co-developed the Black Equity Index, a set of standards for driving measurable change, tracking actual progress, and demonstrating a commitment to racial equity in the workplace.
- The Dropbox Foundation, our partner organization, donated $1.3 million to human rights organizations.
- We achieved $1.68 million in total employee donations and corporate gift matching to a variety of nonprofits.
- 62.5% of our Board of Directors are members of an underrepresented community** or self-identify as a woman.
We’re proud of what we’ve accomplished so far and are committed to sharing our progress as we build upon our efforts in the years to come.
You can read our full ESG Impact Report HERE.
*GHG Protocol provides the following definitions for Scope 1, 2, and 3 emissions:
Scope 1: “Direct greenhouse gas emissions that occur from sources that are controlled or owned by an organization.”
Scope 2: “Indirect emissions associated with the purchase of electricity, steam, heat, or cooling.”
Scope 3: “Emissions resulting of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly impacts in its value chain. Scope 3 emissions include all sources not within an organization’s scope 1 and 2 boundary.”
Scope 3 Business Travel Emissions: “This category includes emissions from the transportation of employees for business related activities in vehicles owned or operated by third parties, such as aircraft, trains, buses, and passenger cars.”
**member of URC: anyone who self-identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native, or self-identifies as gay, lesbian, bisexual, or transgender