Near-term emissions reduction targets have been approved by the Science Based Target initiative (SBTi), furthering New Relic’s commitment to science-based goals
New Relic, the Intelligent Observability Platform, announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based targets (SBTs), in addition to its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2030. New Relic joins the 7,000+ companies that have set emissions targets with the SBTi and are leading the transition to a net-zero economy through emissions targets grounded in climate science.
“We are proud to make progress alongside our customers and partners who are also committing to science-based targets and consider it essential when choosing their technology providers,” said New Relic Chief Business and Operations Officer Thomas Lloyd. “On top of our work setting science-based targets, we are the only observability company to set a net-zero emissions by 2030 goal. Through these efforts, we are doing our part to slow climate change and pave the path toward decarbonization.”
Commits to four science-based targets to reduce emissions across its operations and supply chain
New Relic has committed to reduce absolute scope 1 GHG emissions 42.0% by its fiscal year 2030 from a fiscal year 2020 base year and to continue active annual sourcing of 100% renewable electricity through fiscal year 2030. In addition, New Relic has committed to reduce absolute scope 3 GHG emissions from business travel 51.7% per employee by fiscal year 2030 from a fiscal year 2020 base year.
To address broader scope 3 emissions from its value chain, New Relic says it will ensure 64.7% of its purchased goods and services and capital goods suppliers have set approved science-based targets by 2029.
New Relic is the only observability company to set a net-zero emissions by 2030 goal
In March 2023, New Relic made a commitment to achieve net-zero greenhouse gas emissions by fiscal year 2030 and to set science-based emissions-reduction targets (SBTs), aligned with the 2015 UN Paris Agreement goal to limit global warming by 1.5°C. New Relic is the only observability company to set a net-zero emissions by 2030 goal and aims to inspire its peers in the industry to do their part in reducing global GHG emissions and building a resilient, zero-emissions economy. A key part of New Relic’s decarbonization strategy has been reducing emissions from its cloud operations, which accounted for 48.9% of its total emissions in fiscal year 2024. To address this, New Relic migrated workloads from on-premises data centers to Amazon Web Services (AWS) in 2023, leading to a 37% reduction in carbon emissions for migrated workloads and a 15-20% improvement in performance efficiency.
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About New Relic
The New Relic intelligent observability platform helps businesses eliminate interruptions in digital experiences. New Relic is the only AI-strengthened platform to unify and pair telemetry data to provide clarity over your entire digital estate. We move your problem solving past proactive to predictive by processing the right data at the right time to maximize value and control costs.
That’s why businesses around the world—including Adidas Runtastic, American Red Cross, Domino’s, GoTo Group, Ryanair, Topgolf, and William Hill—run on New Relic to drive innovation, improve reliability, and deliver exceptional customer experiences to fuel growth. Visit: www.newrelic.com.
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Contacts
Elena Keamy
New Relic, Inc.
PR@newrelic.com
