We are pleased to share our third annual ESG report. We made steady progress with our environmental, social, and governance efforts across the company. Our commitments to and investments in diversity, equity, inclusion, and belonging enabled us to attract and retain top talent that is shaping our future. In calendar year 2022, several new leaders stepped into chief-level positions and accelerated Nutanix’s shift to a hybrid multicloud software company with an enormous market opportunity ahead.
Although 2022 was marked by social, political, and economic challenges caused by COVID, war, and inflation, it was a year when Nutanix established itself as a sustainable growth business built to last. I’m proud of our employees, who consistently achieve world-class customer satisfaction in an incredibly competitive industry.
Over a decade ago, the company pioneered hyperconverged infrastructure (HCI), which broke down IT silos and simplified scalable data centers. Now our hybrid multicloud platform helps customers break down silos between public clouds, on-premises data centers, and the AI-enabled edge. Our software allows customers to shrink their data center footprint to more efficiently manage their IT resources. Customers can easily scale computing resources so they only use and pay for what they need. Nutanix software allows them to optimally place applications and data to meet performance, cost, and regulatory goals across private and public clouds. We know these benefits first-hand because we run our global company on Nutanix software. Furthermore, our subscription-based business model gives customers more flexibility than traditional licensing models.
This year, we became more resolute about environmental sustainability practices, such as how we measure and report our energy consumption, where we run our workloads, and how we manage workspaces. Our company invests in renewable energy certificates to procure more than half of our company’s energy consumption. Shifting to a hybrid-first workplace set the stage for us to significantly decrease our global office space, which began in late 2022 and will continue through 2024. Our early and earnest sustainability efforts put Nutanix on the right path, but there’s still important work to be done in order to set measurable ESG goals. We intend to get these things done right.
In 2022, we improved our corporate governance to be more transparent around Nutanix stock and shareholder voting. We committed to social issues important to our employees, investors, and customers, including nearly $50,000 in combined employee donations and company matching to support several causes assisting people in war-torn Ukraine. We invested in diversity, equity, inclusion, and belonging efforts to build a workplace where employees are inspired and can thrive. Our robust employee benefits, social groups, and diversity initiatives help us through challenges, connect us to communities, and support us at home and in our careers.
Progress highlighted in this report is a direct result of the talent, dedication and hard work done by Nutanix employees. Our company culture drives us to build technologies for the greater good. We’re determined to do the right things for our customers, partners, investors, employees, and communities. This is why our future looks bright.
President and CEO of Nutanix