Braze Launches Inaugural ESG Report

Braze (Nasdaq:BRZE), the comprehensive customer engagement platform that powers interactions between consumers and the brands they love, today released its inaugural Environmental, Social, and Governance (ESG) report.

Braze believes that this report is a significant milestone in the company’s commitment to continuously evaluate and improve practices around environmental stewardship, social impact, and governance. The report also includes the company’s first greenhouse gas emissions audit, first materiality assessment, and outlines Braze’s implementation of an inclusion-first approach to diversity, equity, and inclusion (DEI).

“It’s our responsibility, as global citizens and technology leaders, to be a positive force for our employees, customers, communities, and shareholders,” said Rod McLeod, VP of Social Impact at Braze. “Our first ESG Report is an important step towards that mission, laying a strong foundation that we are committed to building upon in the coming years. We want to weave our social impact program the fabric of our company strategy, culture, and vision.”

The report highlights key initiatives and accomplishments that illustrate the Braze vision for ESG including:

• Social Impact: Through the Pledge 1% movement, we have committed to disburse 1% of our outstanding equity over a 10 year period, to support charitable organizations selected by our employees. Through our Tech for Black Founders program, we provide free access to the Braze platform, for Black-led companies across the U.S. and EMEA. The program currently includes 22 companies, and has donated $450,000 in annualized Braze product value in the fiscal year ended January 31, 2022.
• DEI Initiatives: Internally, Braze is taking an inclusion-first approach to DEI, which includes implementing an inclusive hiring process and conducting inclusion management training in an effort to improve the employee experience for people from all backgrounds and experiences.
• Environmental Stewardship: We operate with a sustainable mindset and deep commitment to the environment. This includes choosing office buildings that have the equivalent to a LEED Gold rating, and conducting our first greenhouse gas emissions audit. As a next step, we are working on a climate strategy and reduction plan to reduce our climate impact.

The full Braze ESG report can be found here.

About Braze

Braze is a leading comprehensive customer engagement platform that powers interactions between consumers and brands they love. With Braze, global brands can ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies. Braze has been recognized as one of Fortune’s 2022 Best US and UK Workplaces in Technology, Fortune’s 2022 Best US Workplaces for Women, 2022 UK Best Workplaces for Women by Great Place to Work, and Fortune's 2022 Best US Workplace for Millennials. The company is headquartered in New York with offices in Austin, Berlin, Chicago, London, San Francisco, Singapore, and Tokyo. Learn more at braze.com.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Braze’s anticipated ESG efforts and the anticipated impacts and effectiveness thereof. These forward-looking statements are based on Braze’s current assumptions, expectations and beliefs, and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Braze’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Further information on potential factors that could affect Braze’s results is included in the Braze’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2022, filed with the U.S. Securities and Exchange on September 13, 2022, and Braze’s other public filings with the U.S. Securities and Exchange. The forward-looking statements included in this press release represent Braze’s views only as of the date of this press release, and Braze assumes no obligation, and does not intend to update these forward-looking statements, except as required by law.

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