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

At New Relic, we’re pioneering Intelligent Observability to eliminate digital interruptions across every experience—from ordering your coffee on your mobile app to streaming your favorite shows. But we believe that delivering excellence to our customers and partners extends beyond our product. It includes working alongside them in our continued commitment to sustainability and corporate social responsibility.  

As a part of that, I’m very proud to share that our near-term science-based targets (SBTs) have been approved by the Science Based Targets initiative (SBTi)*. This is a milestone in our sustainability journey that we've been working hard to achieve since we announced it in March 2023. These are specific and ambitious goals to reduce our carbon emissions in line with the latest climate science from the Intergovernmental Panel on Climate Change (IPCC) and the goal to limit global warming to 1.5°C. 

From SBTi: The SBTi’s Target Validation Team has classified your company’s scope 1 and 2 target ambition and has determined that it is in line with a 1.5°C trajectory.  The SBTi commends your ambitious 1.5°C-aligned target, currently the most ambitious designation available through the SBTi process. 

We have committed to the following targets:

• Reduce absolute scope 1 GHG emissions 42.0% by FY30 from an FY20 base year.
• Continue active annual sourcing of 100% renewable electricity through FY30.
• Reduce absolute scope 3 GHG emissions from business travel 51.7% per employee by FY30 from a FY20 base year. 
• Ensure 64.7% of purchased goods and services and capital goods suppliers have set approved science-based targets by 2029.

In addition to our approved targets with SBTi, New Relic is the only observability company that has made a commitment to achieve net-zero greenhouse gas emissions by fiscal year 2030. We are proud to make progress alongside our customers and partners who are also committing to net-zero and consider it a must-have when choosing their technology providers. 

I want to sincerely thank every Relic, customer, and partner for their shared commitment  to taking a leadership position in promoting sustainability and corporate social responsibility. 

*SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. It is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).