Published 07-17-23
Issued by Meta
Today we’re releasing Meta’s first Responsible Business Practices Report, which highlights our efforts to minimize negative and maximize positive impacts of our business in 2022, consolidates our reporting across a range of responsible business topics, and sets out our forward-looking approach to integrating responsible business practices in our core business strategy.
We have released our first Responsible Business Practices Report that brings together data about our impact on society and outlines our approach to operating responsibly.
We engaged key stakeholders to determine priority responsible business topics for Meta, including: data privacy and security, human rights, content governance, trust and integrity, diversity, equity and inclusion, and the responsible design of our apps and technologies. Based on this assessment, we organized our approach to responsible business around four pillars:
These four pillars will inform our business strategy and enable us to focus in areas where we can have a sustainable and scalable impact. We will continue to work with stakeholders to inform our approach, refine the activities under each pillar, and define key performance indicators.
The report includes a comprehensive data index prepared in accordance with the Global Reporting Initiative (GRI) standards with guidance from the Sustainability Accounting Standards Board (SASB), Internet and Media Services Industry Standards, the United Nations Global Compact, and the Task Force for Climate Related Financial Disclosures (TCFD).
Other highlights include:
The report also includes data on our efforts around diversity, equity, and inclusion, replacing a previously standalone DEI report. Given that we’ve reduced our workforce and hiring rates, we’re in the process of recalibrating our DEI goals moving forward, but we remain focused on growing and retaining a diverse workforce.
The most compelling part of technology is the way it can help people connect and take action. We know we are a critical part of moving today’s technology forward in a way that maximizes opportunity for future generations. We will continue to evolve our responsible business approach based on feedback and results, so that we can deliver on our mission and contribute positively to society.
You can view the full report to learn more about responsible business practices at Meta.
Media Contact:
press@meta.com
Meta builds technologies that help people connect, find communities and grow businesses. We collaborate with community members, climate action leaders and scientists to innovate beyond what is possible today and accelerate action-oriented resources for tomorrow. Meta envisions a just and equitable transition to a zero-carbon economy and is working with others to scale inclusive solutions that help create a healthier planet for all, ensuring that no one is left behind.