Impact
We Act With Purpose
A Message from our CEO
“Built on years of strong governance and an unwavering commitment to corporate responsibility, our environmental, social, and governance (ESG) program is as strong as ever.”
Mark Adams
President & CEO
Environment, Social, and Governance Report
Read Penguin’s latest ESG report for details on our commitment to sustainability, our people strategy, and progress on our global programs.
View our past ESG reports and other sustainability disclosures below:
Past Reports
Other Disclosures
Our Impact
Striving for Net-Zero Emissions
We are on track to meet our goal of achieving net-zero scope 1 and 2 greenhouse gas (GHG) emissions by 2030. Over the years we have undertaken a number of initiatives to reduce our energy and water consumption, our carbon footprint, and our overall environmental impact across our locations worldwide.Our Progress in 2023
- We reduced our total scope 1 and 2 GHG emissions by 76% compared to last year
- For the second year in a row, we offset 100% of our Scope 1 emissions
- We invested in International Renewable Energy Credits (I-RECs) to offset scope 1 and 2 GHG emissions from our manufacturing operations
- We achieved 78% renewable energy in our total energy use
Bringing ESG to Life
At Penguin Solutions, we strive to foster growth, uncover new opportunities, and aim for a sustainable future for our employees, businesses, customers, and shareholders. Our five focus areas guide our efforts to advance technological innovation and achieve sustainable financial performance:
Environment
We work to combine robust company growth with a steadfast commitment to environmental responsibility. By setting goals, tracking performance, and engaging with our stakeholders, we prioritize sustainability across every aspect of our operations—actioning on this commitment.
People
The collective strengths of our employees equip us to deliver innovative solutions to customers throughout the world. Our global workforce is a diverse team representing a wide range of identities, ages, races and ethnicities, life experiences, and perspectives.
Social
We take great pride in contributing to the global communities where our company operates and where our employees live. Across each of our business segments, we give back through community events, volunteering, corporate donations, and employee donation matching.
Governance
Our approach to governance incorporates attention to ESG across every aspect of the company in order to better serve the interests of our businesses, our employees, our shareholders, our partners, and the world around us. We strive to minimize negative impacts of our operations and make a positive difference in our communities and for the planet.
Supply Chain
As a leader across multiple industries, we model ethical and sustainable business practices and hold our business partners to the same bar. We push for exceptional quality and responsible business practices across our operations and in our supply chain by leveraging our deep expertise, global reach, and commitment to best practices.