Environmental, Social, and Governance Policy
Environment, Social, Governance (ESG) are business imperatives for Infoblox. We aim to be a responsible corporate citizen and to operate our business as environmentally conscious, to promote diversity and inclusion, and to be ethical in our business dealings. As the recognized leader in DNS, DHCP, and IPAM (collectively known as DDI) services, our company is at the forefront in providing foundational networking and security services that connects and protects users, devices, and assets regardless of location. Access to a reliable and secure internet are essential for companies, organizations, and communities to safely connect people. Through our commitment to ESG, Infoblox is committed to making a difference on issues that matter to our employees, customers, and stakeholders. As we grow our cloud-first business, we will reduce our carbon footprint and continue our efforts to strengthen the fabric of the society through corporate social responsibility. Our ESG policy is mission critical to our business.
Infoblox KIND a purpose driven philosophy
Infoblox is a global company whose owners and employees understand the importance of operating the business in a manner that respects the environment, people, and good governance. Kindness is an ideal that guides us and allows us to achieve our ESG plan. By being a kind company, we can become a trusted partner with society.
We have a corporate ethos that prioritizes charitable giving, volunteering, and employee engagement. Led by a belief that we can create positive outcomes for society and the environment, we believe we can do good and do well. We are joined by a passionate team of employees, suppliers, and customers, who believe that together we create a kinder world. That is what we mean when we say Infoblox KIND.
Roles and Responsibilities
ESG is supported at the highest levels of the company and shared by our global employee network. Our ESG policy is communicated across the enterprise and on our website for external partners, as a core business directive. We have established a cross-functional team, to ensure our efforts are well vetted, metrics driven processes are in place, and continuous improvement in our implementation. Key roles responsible for executing our ESG program are:
- President and CEO guides the overarching ESG strategy and executive alignment
- CFO and CHRO lead the cross-functional implementation team
- Senior Director, Diversity, Equity, and Inclusion drives corporate social responsibility and diversity, equity, and inclusion strategy implementation
- Senior Director, Head of Global Procurement manages the supplier code of conduct and supplier diversity programs
- Director, Worldwide Facility Management, directs sustainability activities and emissions tracking
- Assistance General Counsel, responsible for policy, governance, and compliance statements
We are at the beginning of our ESG journey with the implementation of our ESG policy being completed February 2022. External stakeholder, customers and employees may visit our website to obtain a copy of our ESG policy statement and learn more about our implementation efforts. Our goal is to publish an annual ESG report, to include sustainability efforts, DEI results and GHG emissions, beginning in 2024.
Assessment of Materiality
Our ESG cross-functional team conducted a materiality assessment of our issues in consultation with department heads, operational staff, executives, and other members of the organization. Further, the team considered the needs of the investors, customers, and community as a part of the materiality assessment. We have identified issues that are aligned to our core values and aim to help benefit society and to improve engagement of our people. Infoblox KIND is a brand moniker to communicate our ESG initiatives. We will use these principles to evaluate the environmental, social and governance issues that are most important to our company. The following table is the results of the assessment and directly correspond to the focus areas covered by this policy.
Becoming a SaaS business
Transforming our business model
Since 1999, Infoblox has provided DNS management and security to scale, simplify, and secure networks. With over 12,000 customers – including over 70% of the Fortune 500 – we offer cloud-first solutions that meet the hybrid work needs of the market. Beginning in 2019, we began the process to shift of our business to SaaS. Through a cloud-first business model, we can increase speed to market solutions, while also reducing our GHG emissions footprint. Switching to SaaS also has ESG impacts for your customers (i.e., to reduce their GHG emissions or improve data security / governance).
ESG Focus Areas and Priorities
Overarching ESG Plan
Our overarching ESG policy is designed to fulfill the demands of our growing business and to reduce our carbon footprint, thereby supporting the principles to reduce climate change. We have conducted a material assessment of our business and identify focus areas for our ESG to achieve Net Zero by 2050. Additionally, we will leverage ESG efforts to address important issues facing underserved and under resource communities. Our robust technical solutions and global reach will allow us to bring practical and scalable programs to our partners and communities. Our ESG focus areas are reviewed on regular intervals by the ESG cross-functional team and regular reports presented to executives. Results of our ESG initiatives will be published on our website for external stakeholders, customers, and employees.
Our Environmental guiding principles outline our commitment to being a creative and positive contributor in the enhancement and protection of our global environment.
Infoblox is committed to environmentally friendly facilities to reduce its carbon footprint, waste creation, and energy consumption. Our approach is informed by the Paris Agreement, United Nations Sustainable Development Goals, and other local governing authorities to meet greenhouse gas (GHG) emission standards. While our business operations are not the proximate cause of adverse climate impact, we understand that as a global market leader, we have a moral obligation to help protect the environment. Our environmental policies are shaped with an intent to conduct our business in a manner that responsibly uses energy and contributes to improving the health of the planet. This includes efforts that leverage our global workforce and its activities in the reduction of our carbon footprint.
Our environmental focus areas include:
- Real Estate
- Waste management and recycling
Our corporate social responsibility strategy is to create a positive culture for our employees, to support charitable giving, and to reflect DEI as a business imperative.
We support purpose-driven causes, address inequities in diverse communities, and contribute charitable donations and volunteering. Through our Infoblox KIND program, we aim to make a meaningful impact on the issues necessary to strengthen the fabric of society and improve the welfare of humankind.
We value diversity in all its forms and are committed to creating an environment were all can thrive. Our comprehensive diversity, equity, and inclusion (DEI) plan is based on increasing belonging and equitable representation. This includes internal diversity targets (i.e. gender and underrepresented minorities), supplier diversity target (15% long term), employee satisfaction/engagement, diversity website, charitable giving, and community outreach. We publish a monthly DEI dashboard and review with the executive team. We strive to continually build cultural competence in DEI as an organization, which is necessary to improve employee enrichment and maximize performance. Our DEI model is based on education, communication, and representation to implement our program.
We champion integrity and diversity in our supply chain. In addition to the Global Supplier Code of Conduct (which promotes adoption of Infoblox’s ESG principles among our suppliers), Infoblox’s Supplier Diversity initiatives and Supplier Diversity Policy aim to increase spending with diverse suppliers toward a long-term goal of 15% of baseline.
We strive to foster an innovative spirit and connect our community around the globe. As a member of CEO Action for Diversity & Inclusion, we pledge to focus our efforts on hiring and retaining women and diverse populations in all its forms, while fostering an environment of inclusion for all.
Our social responsibility focus area include:
- Social Impact
- Diversity, Equity, and Inclusion
- Supplier Diversity
- Community Engagement
Corporate Giving Strategy
We address issues that help improve the well-being of society and enhance the welfare of humankind.
Our corporate giving strategy is based on three pillars:
We support causes and non-profit organizations that strengthen the fabric of society, to include STEM education, literacy programs, healthy living, veterans, and technology accessibility for under resourced communities
We offer professional development, career advancement and leadership training to engage our employees, which includes matching charity donations, volunteer support and non-profit board participation
We are invested in environmentally friendly business practices, use of renewable resources, smart energy consumption, and leveraging our global outreach to improve green practices
Our ESG governance policies support our commitment to ethical business practices, transparency, and fairness in our dealings. Through good governance, we can be the company that our employees, customers, suppliers, and communities deserve.
Through good governance, we have developed several ESG policy statements, that underpin our business operations. Our Code of Business Conduct and Ethics summarizes the ethical standards for all Infoblox directors, officers, and employees.
- Our Global Supplier Code of Conduct carries these same principles to our supply chain. Employees and suppliers are informed about our governance expectations through our Codes of Conduct and compliance training programs.
- Our Whistleblower and Complaint Policy and Ethics Hotline provide a mechanism to ensure Infoblox upholds these values.
Our Governance focus areas include:
- Good governance
- Ethical business practices
- Privacy and security
- Global compliance
Net-Zero Emissions Commitment
Achieving Net-Zero emissions by 2050
Climate change is widely recognized as one of the most significant economic and social challenges facing the world today, driven by the continued emission of greenhouse gases (GHGs) that warm the earth. Warming from human activities from the pre-industrial period, could lead to catastrophic consequences. To avoid the worst impacts of climate change, nearly 200 countries signed the Paris Agreement in 2015— aiming to hold the increase in the global average temperature to 1.5°C above pre-industrial levels. To achieve the temperature goal, global GHG emissions must be reduced to net zero by 2050. Infoblox supports the goal of the Paris Agreement and aims to reduce its emissions in alignment with a net zero pathway and aims to reduce emissions to net zero by 2050 or sooner.
We established our 2019 baseline GHG emissions and are committed to measuring our GHG footprint on an annual basis. We are in the process of developing action plans to change business practices that will significantly lower our GHG footprint. We plan to share our measurement results and reduction activities in our future ESG reporting.
Transparency and Reporting
Infoblox plans to report on its ESG approach and performance each year. Beginning in 2024, our ESG report will be publicly available on our website. We will communicate updates on the progress on our ESG journey and continue to develop best-practice processes to meet our goals.
This policy is subject to change and is intended to be reviewed annually by the Executive Committee. Further, this policy shall supersede and replace any prior Infoblox ESG policy and shall cover on a going forward basis, subject to the limitations discussed herein.