DoubleVerify Publishes 2nd Annual Impact Report, Underscoring Commitment to Responsible Business Practices that Enhance Stakeholder Results
10 September 2024 - 10:00PM
Business Wire
The report reveals significant progress in
environmental sustainability, workforce diversity, data privacy,
and ethical business practices that align with customer
expectations.
DoubleVerify ("DV") (NYSE: DV), the leading software platform
for digital media measurement, data and analytics, today published
its 2024 Impact Report, outlining the company's dedication to
environmental sustainability, diversity, data privacy, and ethical
business practices.
"We are excited to share our latest Impact Report, which
underscores DV’s unwavering commitment to sustainability,
diversity, and ethical business practices that benefit all of our
stakeholders and underpin continued business performance,” said
Mark Zagorski, CEO of DoubleVerify. “We see responsible conduct not
only as the right choice, but also the cornerstone of a sound
business strategy. Our achievements are a testament to this
philosophy and we are proud to show progress in reducing our
environmental footprint, enhancing data privacy and positively
impacting our customers, shareholders, and employees. We remain
steadfast in our mission to drive meaningful change within the
digital advertising sector and beyond.”
Key achievements from the report and from 2023 include:
- Environmental Sustainability
- Planted over 10,000 trees, projected to sequester 5,670 metric
tons of CO2 over the next 40 years – equivalent to removing 1,232
cars from the road for one year.
- In 2023, more than 50% of DV’s cloud usage was based on
renewable energy, with a goal of reaching 100% by 2030.
- 74% of DV’s office square footage runs on renewable energy
across the New York, London, Helsinki, Sydney, Chicago and Ghent
offices.
- Social Impact
- Introduced the DVersity program, "Empowering Diverse Voices
through Responsible Advertising Strategies," aimed at helping
diverse publishers maximize inventory value and promoting equity in
the digital ecosystem.
- DV provides all employees with access to a mental health
platform for easy access to mental health care as needed and offers
four personal mental health days a year.
- Established new employee resource groups, including three
regional chapters of Women@DV and two regional chapters of
Sustainability@DV, as well as hosted DV’s first focus group for
employees with disabilities and caregivers of persons with
disabilities.
- Workforce Diversity Leadership
- Maintained a Board with a majority of independent directors,
over 50% of whom identify as women or members of underrepresented
communities.
- Governance
- Conducted inaugural Double Materiality Assessment (DMA),
identifying and prioritizing six ESG issues vital to both a
company's operations and stakeholders, encompassing financial,
societal, and environmental impacts.
- In 2024, DV became the first recipient of TrustArc’s TRUSTe
Responsible AI Certification, demonstrating an industry-leading
commitment to AI governance.
“We are proud of the progress we've made and recognize that
there is much more to achieve,” added Zagorski. “There are many
exciting opportunities ahead and we look forward to realizing the
positive impact of our continued efforts.”
For the company’s full Impact Report, visit
www.doubleverify.com/impact.
About DoubleVerify
DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media
effectiveness platform that leverages AI to drive superior outcomes
for global brands. By creating more effective, transparent ad
transactions, DV strengthens the digital advertising ecosystem,
ensuring a fair value exchange between buyers and sellers of
digital media.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240910653014/en/
Media: Chris Harihar chris.harihar@modop.com
DoubleVerify (NYSE:DV)
Historical Stock Chart
From Nov 2024 to Dec 2024
DoubleVerify (NYSE:DV)
Historical Stock Chart
From Dec 2023 to Dec 2024