Snap Inc. is a camera company. Our products empower people to express themselves, live in the moment, learn about the world, and have fun together. Snap is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together.
Snap Inc.
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3.4
Overall Excellence Rating
Industry
IT ServicesCategory
Software DevelopmentESG/Ethical Impact
Our ESG strategic framework, “Grounded in Kindness,” consists of four pillars: Society, Planet, People, and Governance. Under each pillar, we establish key drivers that we integrate into teams across Snap. Core to our ESG strategy is the pursuit of partnerships. We won’t be successful if we go it alone — with complex ESG challenges nobody can — and we actively seek input and engagement opportunities with organizations that have expertise on our business and our priority issues. Partnerships with groups that support our local communities where we operate are also an important part of how we engage. In 2020, we conducted our first materiality assessment (please see the Appendix for more information about the materiality assessment) to better understand the ESG issues where Snap can and should lead. After engaging internal and external stakeholders through a series of surveys and interviews, we found that many of Snap’s highest priorities relate to product design and use. Snap’s approach to these issues can be found in the Society and Governance sections of this report. Diversity, Equity, and Inclusion also emerged as a priority and is a critically important topic for our company, and more information about this work can be found in the People section of this report and in our Diversity Annual Report. Our ESG priorities are integrated into our business strategy. Issues such as privacy, safety, inclusion, and transparency are important aspects of product design — while taking action to address the climate crisis factors into decisions around our business operations and supply chain. We also incorporate ESG updates into semi- annual Board committee meetings and annually into full Board meetings.
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Awards Received
2023
Revenues
$4,600,000,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
4
Company Size
5000-10000
ESG Risk Rating
3
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