Fortinet Launches Inaugura – GuruFocus.com

SUNNYVALE, Calif., June 14, 2022 (GLOBE NEWSWIRE) —

Barbara Maigret, Global Head of Sustainability and CSR at Fortinet
“At Fortinet, we understand the importance of building sustainability into our business model. 2021 has been the year of defining our strategy and planning the medium and long term course of the company. With our first sustainability report, we aim to increase transparency on progress to date and empower our stakeholders – including customers, partners, employees, suppliers, shareholders and communities – to better understand our approach to corporate social responsibility, leading with ambition towards more sustainable development. world and a safer Internet.

Summary of news
Fortinet® (FTNT), a global leader in extensive, integrated and automated cybersecurity solutions, today announced its first Sustainability Report, detailing the company’s strategic framework, initiatives and key performance indicators in matter of sustainable development. The company plans to share updated progress on a yearly basis.

Following a materiality assessment conducted in 2021 to identify and prioritize the environmental, social and governance (ESG) issues most material to Fortinet’s business and its stakeholders, the company defined the four following main areas of impact:

  • Innovating for a safe internet: Fortinet is committed to advancing cybersecurity, driving digital progress, and creating a trusted and secure digital world. The company delivers on this commitment through innovation, community engagement and partnerships. Fortinet continued to innovate on the industry’s broadest portfolio of cybersecurity solutions by adding eight new product families in 2021 alone. Fortinet also collaborates regularly with numerous industry associations and groups, contributing to standardization and interoperability while sharing actionable threat intelligence with organizations such as the Cyber ​​Threat Alliance (CTA), Center for Cyber ​​Security of the World Economic Forum (WEF) and INTERPOL. Through these partnerships, Fortinet fights cybercrime and helps mitigate future cyber threats.
  • Respect the environment : Fortinet is committed to environmentally responsible behavior by reducing the footprint of its products and solutions, adopting responsible approaches in its day-to-day business operations, and helping its broader value chain move towards circularity. In 2021, Fortinet publicly announced its commitment to carbon neutrality by 2030 using renewable energy, energy and carbon efficiency methodologies, and emissions offset programs. This target relates to Scope 1 and Scope 2 emissions resulting from company-owned facilities worldwide, in accordance with the Science Based Target Initiative (SBTi). Fortinet’s other environmental efforts include introducing biodegradable packaging in the company’s first-class products, reducing corporate waste, and reducing energy consumption. Through these initiatives, the company ensures that each generation of Fortinet products consumes less power than the previous generation. This is the case of the FortiGate F series, where energy consumption has been reduced by an average of 61%.
  • Developing an Inclusive Cybersecurity Workforce: Fortinet is committed to promoting a diverse, fair and inclusive culture. The Fortinet team represents a wide range of cultures, demographics and professional backgrounds, enriching the company’s culture and fueling its success. As part of its ongoing commitment to transparency and increasing the number of women in the cyber workforce, the company released its 2021 workforce data and highlighted an increase of 71, 6% of its hires of women compared to 2020. Fortinet is also focused on reducing cybersecurity. skills gap among a wide range of audiences. The company is committed to raising awareness of the benefits of cybersecurity careers and improving opportunities for underrepresented groups through its education and training outreach program offered by the Fortinet Training Institute. As a result, in 2021, Fortinet reinforced its commitment to closing the cybersecurity skills gap by pledging to train one million people globally over the next five years.
  • Promoting responsible business: Fortinet uses corporate governance practices to conduct business ethically and work diligently to ensure compliance with all laws and respect human rights. These practices are overseen by Fortinet’s Board of Directors and reviewed by our internal cross-functional Ethics Committee. We expect our employees, suppliers and partners to do their part to help us build a highly ethical and reputable company by understanding and following all Fortinet policies, including our Anti-Corruption Policy, Code of Business Conduct and Ethics and our Privacy Policy. Fortinet has published a dedicated human rights policy to reinforce its commitment to responsible product use and ethical business throughout its value chain.

Fortinet’s Sustainability Report references the Global Reporting Initiative (GRI) standards, the Sustainability Accountability Standards Board (SASB) standards, and the United Nations Sustainable Development Goals (UN SDGs). The report provides details and action on the following eight priority issues: cybersecurity risks to society; security and confidentiality of information; environmental impacts of products; environmental management and impacts of climate change; diversity, equity and inclusion; cybersecurity skills gap; business ethics; and responsible use of products.

Additional Resources

About Fortinet
Fortinet (FTNT) enables a digital world we can always trust through its mission to protect people, devices and data everywhere. That’s why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric Platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. The #1 security appliance shipped worldwide, more than 580,000 customers trust Fortinet to protect their business. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Development Program (TAA), offers one of the largest and broadest training programs in the industry to make e-learning and new career opportunities accessible. to all. To learn more, visit https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

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Copyright © 2022 Fortinet, Inc. All rights reserved. The ® and ™ symbols designate federally registered trademarks and common law trademarks, respectively, of Fortinet, Inc., its subsidiaries and affiliates. Fortinet trademarks include, but are not limited to the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAP , FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiExplorer , FortiExtender, FortiFirewall , FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNDR, FortiNAC, FortiPartner, FortiPenTest, FortiPhish, FortiPortal, FortiPresence, FortiProtect, FortiProxy, FortiReporter, FortiReporter, FortiRecorder, FortiReporter, FortiRecorder, FortiRecorder, FortiRecorder, FortiRecorder , FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, Forti Tester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.
Other trademarks are the property of their respective owners. Fortinet has not independently verified any statements or certifications attributed to third parties herein and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein shall constitute a warranty, contract, binding specification or other binding commitment of Fortinet or any indication of intent relating to any binding covenant, and performance and other specification information may be unique to certain environments. This press release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases, among others. Changes in circumstances, product launch delays or other risks as discussed in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If uncertainties materialize or assumptions prove incorrect, actual results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be considered forward-looking statements. Fortinet undertakes no obligation to update any forward-looking statements and expressly disclaims any obligation to update such forward-looking statements.

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