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NETSCOUT Issues Inaugural Environmental, Social and Governance Report
Details Ongoing Work Supporting Sustainability, DEI, and Volunteer Initiatives WESTFORD, Mass.--(BUSINESS WIRE)-- NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a
About this update from Netscout Systems, Inc.
[{"type":"text","content":"\nDetails Ongoing Work Supporting Sustainability, DEI, and Volunteer Initiatives\n\n WESTFORD, Mass.--(BUSINESS WIRE)--\nNETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of cybersecurity, service assurance, and business analytics solutions, today announced that it issued its inaugural Environmental, Social, and Governance (ESG) Report that details the company's efforts to support community-based digital inclusion programs, drive diversity, equity, and inclusion (DEI), reduce electricity demands across its facilities and continue to design solutions that help customers reduce their environmental impact.\n\n\"As guardians of the connected world, our mission not only includes the development, security, preservation, and flawless operation of the global digital environment but also how well we manage the environmental and social challenges we all face,\" stated Anil Singhal, CEO, NETSCOUT. \"While this is our first report, the ESG principles and initiatives detailed have been the foundation of our business since its onset and an important part of our business success. To ensure long-term value creation, we work collaboratively with all our stakeholders -- employees, customers, investors, and the communities in which we operate -- to drive change.\"\n\nHighlights of NETSCOUT's ESG report and ongoing corporate social responsibility efforts include:\n\n\nReducing our environmental impact. NETSCOUT is committed to addressing the critical issue of climate change. In 2020, the company launched a pilot program to reduce energy usage in its engineering labs by 6%. By rationalizing hardware, updating cooling systems, and monitoring infrastructure, it achieved a 12.1% reduction, and it has since rolled out the program to 16 additional engineering sites. The company's sustainability-by-design efforts also help customers optimize the number of physical devices at their locations with software that helps reduce power usage and the cost of field drive testing requirements.\n\n\nDriving greater digital inclusion. To help bridge the digital divide and drive greater inclusivity, NETSCOUT provided an initial $100,000 grant to Tech Goes Home, and employees have volunteered to produce 29 new online tutorials and translate more than 60 other modules into six languages.\n\n\nSupporting diversity and inclusion across our company and within our c...