News & Press Releases

HubSpot Releases 2022 Sustainability Report, Highlighting ESG Progress and Goals

Published on June 15, 2022

At HubSpot, we’ve always strived to build a company future generations would be proud of. With so much change in the world - from the evolving pandemic to growing structural inequality, and the continued impact of a warming climate - delivering on our purpose for HubSpotters, our customers, and shareholders is more important than ever.

That’s why we are proud to share our 2022 Sustainability Report, which highlights our progress and trajectory across three key pillars: investing in climate action, creating equity for our people and communities, and practicing good governance.

In 2021, we released our inaugural Sustainability Report, sharing our progress in ESG (Environmental, Social, Governance) since HubSpot’s founding in 2006. Since then, we’ve focused on building the foundations of a strong program to create meaningful change, including hiring a Director of ESG to steer our ESG strategy and initiatives. Disclosures in our 2022 report are aligned with the Sustainability Accounting Standards Board (SASB) and reference the Global Reporting Initiative (GRI), The Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD), and the United Nations Sustainable Development Goals (SDGs), allowing us to identify, measure, and manage where we can grow better.

“Transparency is a core value at HubSpot and publishing our 2022 Sustainability Report is just one way we anchor our commitment to building a more sustainable future,” said Yogesh Chauhan, Director of ESG at HubSpot. “I’m really proud of our achievements as well as our momentum, but our work is far from done. As we continue to make strides in ESG, we must keep our purpose at the centre of everything we do in order to create long-term change. I’m excited to continue to partner with HubSpotters, our customers and shareholders as we move forward in our sustainability journey.”

ESG highlights from our 2021 fiscal year and key milestones in the first half of 2022 include: 

• Achieved 100% renewable energy across all our building sites
• Invested in diversity at the leadership level, with four women in our C level Executive ranks and more than 50% of people leaders identifying as women
• Increased BIPOC (Black, Indigenous and People of Color) employee representation to 37%
• Contributed $8M+ to communities across the globe through financial donations, investments, and employee volunteering
• Launched self-service tools to learn more about HubSpot’s data privacy, security, and controls

While we’re proud of the progress we’ve made, we know we have more work to do. Just like our product, our sustainability journey is never done, and we’re committed to doing better each year. Our focuses include:

• Developing a roadmap toward reaching net zero and committing to science based emission reduction targets aligned with the criteria set forth by the Science Based Targets initiative (SBTi)
• Increasing retention of BIPOC talent and making progress on age diversity by building inclusive environments across all aspects of the employee lifecycle
• Refreshing our HubSpot Helps community impact program to bring greater focus on skills-based volunteering, allowing HubSpotters one day a year to give back through volunteering as well as the opportunity to donate to a charity of their choice through payroll giving
• Engaging and collaborating with our suppliers through our Supplier Code of Conduct

With more than 5,890 employees and over 135,000 customers around the world as of December 2021, our opportunity for greater impact is tremendous. That’s why we’re taking significant steps to ensure our ESG efforts connect with HubSpot’s mission, purpose, and core values. We hope the 2022 Sustainability Report provides a glimpse into the progress we’ve made, and into the work we’re doing to build a more sustainable future. 

For more information about sustainability at HubSpot and to view the 2022 Sustainability Report, visit www.hubspot.com/sustainability and follow HubSpot Life on Instagram, Twitter, and Facebook to stay connected with our sustainability efforts in the future.