monday.com Publishes its 2024 Environment, Social, and Governance (ESG) Report
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--monday.com (NASDAQ: MNDY), the global software company that transforms how businesses run, today published its 2024 ESG Report. The annual report details monday.com's efforts to build a more inclusive, responsible, and sustainable future, and also includes its ESG goals for 2025.
'2024 was a year of significant progress across our ESG commitments, proving that sustainable growth and business impact can go hand in hand when you build with intention,' said Roy Mann, co-founder and co-CEO of monday.com. 'From the beginning, we've believed that when people are empowered with the right tools and values, they can build things that matter and outdo their best. For example, we saw this come to fruition this year when SHANITA, a nonprofit supporting over 300 children in one of East Africa's most underserved regions, centralized operations on our monday platform to improve educational outcomes by up to 40 percent and reduce preventable illness by over 30 percent. As monday.com continues to scale, we're committed to ensuring our growth translates into measurable, meaningful impact for our company, communities, and the planet.'
Highlights of the report include:
Empowering Internal Leadership: monday.com launched new initiatives to foster inclusive leadership, support first-time managers, and accelerate internal mobility. Notably, 61 percent of management promotions were women, nearly double from the previous year.
Global Inclusion Strategy: monday.com formalized a global Inclusion strategy, embedding the company's core cultural value of inclusivity across the organization. The new strategy introduced expanded data collection and measurable goals, enabling a long-term, values-driven approach guided by insights.
Responsible AI Program: monday.com launched a program to ensure that its AI capabilities are built with a focus on transparency and user control, and aligned with enterprise-grade privacy and zero-retention standards.
Carbon Emission Reduction: monday.com deepened its partnership with Watershed to advance carbon footprint measurement and more effectively assess efficiency at scale. In 2024, monday.com's total emissions per dollar of revenue declined even as the company scaled, a strong signal of sustainable growth.
Community Efforts: monday for nonprofits now supports 19,523 active accounts, a 45 percent increase from last year. Additionally, Startup for Startup, a platform where entrepreneurs around the world can connect for advice and insights, facilitated over 3,140 connections.
monday.com's ESG report was measured against the Sustainability Accounting Standards Board (SASB), the industry standard. To learn more about ESG at monday.com, visit https://monday.com/p/esg/.
About monday.com
monday.com is a global software company that transforms how businesses run. Our product suite can adapt to the needs of diverse industries and use cases within one powerful platform. Our ~245,000 customers are reimagining how work gets done, driving greater efficiency, and scaling like never before. For more information, visit monday.com.
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