Workday Global Impact Report
Workday Global Impact Report
changing world.
2023 GLOBAL IMPACT REPORT
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
About
Workday
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
adapt and thrive in a changing world. Workday applications total revenue (21% revenue growth milestone as we surpassed the
year over year)
for financial management, human resources, planning,
spend management, and analytics are built with artificial
10,000 customer mark.
intelligence and machine learning at the core to help
organizations around the world embrace the future of work.
Workday is used by more than 10,000 organizations around
$13.49 billion
the world and across industries—from medium-sized total assets
businesses to more than 50% of the Fortune 500. For more
information about Workday, visit workday.com.
For more about the Workday story and key milestones, please ~17,700
visit Our Story. employees1
Workday headquarters are located in Pleasanton, California,
$1.21 billion
with offices across North America, EMEA, and APJ. All
Workday office locations can be found here.
$1.66 billion
operating cash flow
WDAY
NASDAQ listing
1
As of Jan. 31, 2023.
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
2
Workday also offers Workday Grants Management and Workday Student for higher education.
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
Employees: Happy employees lead to happy Innovation: Innovate or fade away. It’s a call to Fun: It’s simple, really. We believe work should be fun. And
customers, and that’s why employees are at the action for companies today—an idea that companies we know you can have fun while working hard at the same
center of our values. We practice empathy and must always be changing and growing. Workday time. In fact, the better we do as a company, the more
compassion. We believe our employees are at their was founded with this mindset. We are committed fun we get to have. At Workday, fun isn’t limited to an
best when we create a sense of belonging and enable equitable to driving innovation within a fiercely competitive enterprise annual party. It’s ingrained into the way we work every day. How do we
opportunities for everyone to grow and thrive. We support our software industry. We believe diversity fuels innovation. We gather encourage fun? By inspiring, by winning, and by celebrating in ways
employees, their families, and the communities in which they live different groups of creative people, take smart risks, and then that build meaningful relationships no matter where you are in the
and work. learn from the results. We act decisively, and emphasize adding world. So go ahead, make time to laugh. Join one of the many events
value over flashy innovation. What got us here won’t get us to happening around the globe. Get together with your team (in person
Customer service: We are deeply committed to
the future; that requires continuous transformation in an always- or virtually). It’s these real, personal relationships that are central to
the long-term success of our customers, always
changing world. our collective success.
striving for the highest levels of customer and
user satisfaction. Workday improves the employee Integrity: At Workday, we work hard to build and Profitability: Profitability is really important—and the
experience for millions of workers around the world, and that sustain a culture of honesty. We are committed more profitability we have, the more we can reinvest
responsibility means we aim to put customers at the heart of every to earning the trust of our employees, customers, in our business and people. But we don’t exist to be
decision we make and every action we take. We relentlessly seek partners, investors, and communities. We believe profitable. We exist to inspire a brighter work day for
to drive value for every customer, balanced within the context of winning is important, but how we win is just as important. We hold all. We believe that by living our values extraordinarily well, making
the overall Workday strategy and direction. ourselves and each other accountable to make decisions that are smart choices, being responsible, and spending wisely, profitability
aligned with our values, even when the decisions may result in will follow naturally.
incurring costs to ourselves and to our business. With courage,
integrity, and commitment, we embrace our responsibility to do
the right thing.
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
3
All references to "net-zero" in this report encompass Workday’s emissions from offices, data centers and public cloud, and business travel. Workday 2023 Global Impact Report | 9
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
Corporate and product strategy Business development Professional services to Continued provision
New market research Sales generation deploy applications of cloud applications
With the exception of strategy and research, our value chain’s greatest impacts at every phase include:
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
Engagement: Through internal and external interviews, we further refined the initial
topic list and prioritized most relevant Workday topics. Our external interviews consisted
of inputs from investors, customers, and members of our board of directors, while our
internal stakeholders were from a wide range of topics of expertise across the company.
We also considered feedback gathered through surveys. This included both internal
employee surveys and external surveys at our user conferences Workday Rising and
Workday Rising Europe, which included customers, partners, prospective customers, and
employees. In FY23, our internal and external surveys included over 9,500 responses.
Validation: Through a quantitative scoring of inputs, an initial scatter plot of ESG topics
was produced and then refined via feedback from Workday, ESG experts, and industry
knowledge. We also analyzed the results within the context of our value chain impacts
and strategic corporate topics to determine our priority topics.
Note on materiality: As used in this report, materiality is considered “ESG materiality,” which is different than the definition used in the
context of filings with the SEC. Issues deemed material for purposes of this report and for purposes of determining our ESG strategies
may not be considered material for SEC reporting purposes.
4
Material topics listed in alphabetical order within each tier. Workday 2023 Global Impact Report | 11
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
About this report | Who we are | Who we serve | Our core values | FY22 and FY23 highlights | Workday value chain | Our priority ESG topics | UN SDGs | Stakeholder engagement
Stakeholder engagement.
An essential aspect of our priority topics assessment and the
Workday Peakon Employee Voice.
management of our ESG programs is how we engage with our
We use Workday Peakon Employee Voice to collect feedback in
stakeholders. As a company founded on the idea of putting
real time from our employees and turn that feedback into dialogue
people at the center of enterprise software, we know we need to
and action. Since we introduced Workday Peakon Employee Voice
create value for all stakeholders, which includes our customers,
in fiscal 2022, we have had an average weekly participation rate
employees, investors, communities, partners, and all individuals
of approximately 70% across our global employees, which reflects
who or entities that are affected by our business activities.
strong continuous participation by our employees. We receive data
Building relationships with stakeholders and engaging in collaborative points from these surveys that help us identify actions to take to
rather than competitive strategies are important for our long-term improve our company and our culture.
business success. By listening to and engaging with a diverse group of
stakeholders, we better understand their priorities and can react more Opportunity Onramps.
quickly to business trends that impact our customers.
Through our Opportunity Onramps program, we invest in leading
workforce development organizations that provide direct training
Workday customers. and employment opportunities for candidates facing barriers
We collaborate with our customers on Workday Community, a portal to employment.
where we can interact and brainstorm around best practices and
product features. Customers can get their questions answered by Local Leaders. Nongovernmental organizations
our experts, vote for new features, receive product updates, and
share knowledge and assets, such as reports.
Our Local Leaders are employee volunteers in most of our field and nonprofits.
offices globally who are responsible for keeping the Workday culture
Engagement with nongovernmental organizations (NGOs)
strong by hosting events and programs that span employee giving
and nonprofits helps us better understand key issues, stay on
Workday leadership. and volunteerism, sustainability, well-being, and fun. Their mission is
top of best practices, and achieve certification in some of the
In 2022, Workday piloted Workday Connect, a new, more flexible, to help our Workmates feel good, do good, and have fun.
sustainability areas that are key priorities for us.
condensed, and focused company meeting format to keep pace with
the new needs of Workmates and the business. Our leadership team Employee Belonging Councils. Influencers of public policy.
regularly holds fireside chats and Q&A sessions during our Workday
At Workday, our Employee Belonging Councils (EBCs) play an integral
Connect meetings where Workmates can ask questions. Outside of We frequently engage directly with policymakers, regulators,
role in fostering a culture of inclusion and belonging for all. Members
these meetings, any employee can ask anything of, as well as provide industry partners, and nonprofits to build momentum and bolster
are not only business and thought leaders, they are also our culture
feedback directly to, senior leaders. Our co-CEOs also share their trust in enterprise software and enable growth and innovation.
keepers and storytellers, and strive to promote and advocate for
email addresses directly with employees, and our chief people officer Through our memberships with industry, business, and trade
equal opportunity and understanding of diverse communities.
regularly asks for feedback on the pulse of our culture. associations, we have a voice within the broader industry.
We’ve increased our focus and technology investments to help supply chains and enables them to assess their Scope 3
customers advance their environmental, social, and governance emissions. Using Workday Financial Management, Workday
(ESG) goals using Workday. Our solutions aim to enable leaders Prism Analytics, and Workday Strategic Sourcing, the solution
to collect data from across the organization, build strategy enables the collection of key ESG data from suppliers and
frameworks, help ensure the organization is audit ready, report with the identification of areas for improvement, and captures and
confidence, and plan for the future. reports on Scope 1, Scope 2, and Scope 3 emissions derived
from supplier spend. This enables the sourcing and tracking of
supplier data that can help drive progress toward ESG goals.
Reporting social impact and Additional insights from Workday People Analytics (including
driving change. the VIBE Index™), Workday Peakon Employee Voice, and
Workday Learning can further enhance an organization’s
To track progress against goals and identify areas for improvement,
efforts around the social component of ESG, including helping
our social reporting for ESG solutions provides a curated package
customers seamlessly track the progress of their social
of reports from Workday HCM covering the most common areas
initiatives and take action to drive change. Not only do our
required for ESG disclosures, including workforce composition,
solutions allow our customers to report on their social impact,
organizational health, diversity, and workforce investment. For Workday Peakon Employee
but they also help them fully understand their workforce to drive
example, customers can quickly see their worker breakdown by
metrics such as age, race and ethnicity, and veteran status, and
actions toward lasting change with an evidence-based approach Voice has amassed more than
using demographic data, skills and talent data, and perceptual
understand how they are compensating different employees, 500 million survey responses
data in a uniquely holistic way. For more information on how our
including base and bonus breakdown and benefits enrollment. from employees worldwide,
customers can use Workday tools to drive change, please visit
Workday HCM also includes our Workday Skills Cloud, which helps
customers gain deeper insights into workforce skills and deliver
our “Belonging and Diversity” section. representing one of the largest
more personalized employee experiences. standardized data sets of
employee sentiment feedback in
the world. Learn more here.
97%
Workday Ventures is the strategic capital arm of Workday, Inc., management and disclosure requirements.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Environmental
Sustainability
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy.
At Workday, we aim to think about sustainability in
everything we do, and measure our success not only in
financial terms but also in how we impact the world.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
To learn more about our clean energy To learn more about our advance purchase of To learn more about our supplier solutions and
partnerships, 100% renewable electricity sustainable aviation fuel (SAF), our Sustainable our collaboration with industry organizations
matching, and on-site solar plus storage projects, Aviation Buyers Alliance (SABA) partnership, and such as the Clean Energy Buyers Association
see page 26. carbon-efficient travel planning, see page 30. (CEBA) Future of Internet Power initiative, see
page 30.
5
Using FY20 as our base year.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Began our journey to use Announced our goal to achieve Mitigated the entire Workday carbon Joined Frontier alongside
100% renewable electricity net-zero carbon emissions by legacy (covering all our operational Autodesk, H&M Group,
2021, and joined RE100 emissions before we reached our and JPMorgan Chase,
net-zero target in 2020) through the contributing a combined
purchase of high-quality, third-party $100 million in new funds to
verified emissions reductions, or Frontier’s advance market
carbon credits commitment to supporting
permanent carbon removal
Published our first Met our goal to run on 100% Announced our SBTs that are aligned
Global Impact Report renewable electricity and with 1.5°C across all three scopes
and set our energy and achieved net-zero carbon of emissions
emissions baseline emissions across our offices, data
centers, and business travel
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Finally, over the last two years, we stepped up our During Climate Week 2022 in
participation on the global stage to amplify our voice
in support of an economy-wide decarbonization. In
New York City, Workday Senior Director
2022, we joined Climate Week NYC and, in both 2021 To make change, companies must focus on of Environmental Sustainability Erik
and 2022, participated in the annual UN Climate
prioritizing high-leverage, high-impact areas. Hansen was invited to speak with
Change Conference of Parties (COP) to advocate for
In every company, working to combat climate JUST Capital Chief Executive Officer
ambitious climate policies. The COP26 event in 2021
brought together leaders from both business and civil
change should be the number one environmental Martin Whittaker. Our team also
societies to discuss ways in which companies can focus area. Be bold and be ambitious.” had the opportunity to engage with
design their renewable energy strategies to support Erik Hansen policymakers leading sustainability
equitable transition, while the COP27 event in 2022 Senior Director, Environmental
promoted harmonization of environmental, social, and Sustainability, Workday
conversations around the globe.
governance (ESG) reporting standards that underpin
climate accountability.
• RE100
• We Are Still In
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
A carbon-neutral cloud.
Since 2017, we’ve been proud to offer our customers—all 10,000 across our global
operations—a carbon-neutral cloud. We do this by:
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Clean and renewable energy. FY23 Renewable energy sources (MWh - source, operational footprint, and region):
As energy emissions and the transition to clean energy are top sustainability
focus areas, it’s important for us to meet and set ambitious goals. As such,
Supplier-sourced renewable electricity:
continuing to annually source 100% renewable electricity at our office and data 59,146 (30%)
centers globally through our FY30 is one of our approved SBTs.
North America:
Workday has continued to meet this goal since 2019. We source renewable Data centers: 159,957 (80%)
electricity from renewable energy sources equivalent to what we use globally on Energy Attribute Certificates (EACs):
176,261 (88%)
an annual basis, in alignment with the criteria outlined by RE100. 103,689 (52%)
In FY23, we matched 100% of the electricity we used at our offices and data
centers globally with clean, renewable sources. EMEA:
Virtual power purchase agreements (VPPAs):
37,890 (19%)
In the FY23 Renewable energy sources diagram, moving from left to right, 22,390 (11%)
Offices:
we share how we utilize our sources of renewable energy, and where they On-site renewable electricity generation: 23,050 (12%) APJ:
are distributed in our operational footprint. This also includes where in our 1,385 (<1%) 1,464 (<1%)
geographic footprint these operations are located. Utility renewable energy tariffs:
12,701 (6%)
FY23 Market-based renewable electricity sources: FY23 Grid mix renewable electricity:
Utility renewable On-site renewable
energy tariffs electricity generation
Indirect large 6% <1%
off-site purchases
(VPPA)
11%
Supplier-sourced
renewable
Energy Attribute
Certificates
43%
electricity 52%
30%
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Renewable
Supplier-Sourced Utility
On-Site Long-Term Energy and Public
Renewable Renewable
Generation Investments Energy Attribute Policy
Energy Energy Tariffs
Certificates
Where feasible, we will prioritize We engage actively with Where feasible, we engage in Where appropriate, we take In locations where we can’t Public policy shapes business
on-site renewable energy our colocation data center strategic renewable energy advantage of utility renewable feasibly add on-site renewables, and leads to long-term change;
generation at our offices, such providers to encourage investments that add clean energy—otherwise known as or in markets where we can’t therefore, we support policies
as solar arrays. For example, renewable energy investments energy to grids in markets green—tariff programs through execute a long-term investment that promote clean energy
one of our HQ office buildings that are mutually beneficial. where we have operations. energy suppliers for our such as a VPPA, we purchase availability. This includes
has on-site solar providing up In FY23, Workday data center Along with our first VPPA that offices. We review these tariff renewable energy from newer bringing more renewable
to one-third of the building’s partners provided 59,146 MWhs provides our three Virginia programs to ensure they meet projects within the same energy technologies online and
electricity needs, and we’re of renewable energy to power data centers with 100% the quality criteria in line with market. Where possible, we encouraging market adoption.
continuing to implement new operations in Oregon; Virginia; renewable electricity, we have the Greenhouse Gas (GHG) aim to purchase from projects For example, we supported
solar arrays paired with battery Ontario, Canada; Amsterdam, a new “beyond the megawatt” Protocol’s Scope 2 Guidance located on the same grid as our Renewable Portfolio Standard
storage on our campus (see the Netherlands; and Dublin, VPPA in the works (read more and RE100 Technical Criteria. facilities. We prioritize high- initiatives in California, Oregon,
story on page 28). Ireland. Workday will continue on page 28). While currently only a small quality certifications of verified and Virginia, where Workday
to encourage this type of portion of our global office renewables, such as Green-e has a significant presence, to
supplier relationship through electricity load, we hope to RECs, EKOenergy GOs, and increase states’ reliance on
our advocacy as a member grow our use of these utility- I-RECs, as well as renewables renewable energy. In the EU,
of CEBA’s Future of Internet supplied renewable energy directly from local utilities we supported the proposal for
Power initiative. Workday options going forward. that meet the Quality Criteria a revision of the Renewable
expects any new data center outlined in the GHG Protocol. Energy Directive that increased
colocation provider to procure We prioritize wind, solar, and the EU target for renewable
credible renewable energy for small-scale hydro. energy generation.
100% of the site as part of our
selection criteria.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
16 LOCATIONS
APJ
<1%
EMEA Data centers electricity use
19% NA Total DC MWh: CAN
80%
176,261
NL <1%
FY23
5%
Ireland | 24,693 IRE
NA | 142,554 OR
Netherlands | 9,014 14%
CAN | 26 FY23 39%
VA
OR | 68,516 EMEA | 33,707 21%
VA | 37,354
Detailed energy and emissions data here. GA | 36,658 GA
21%
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Each year, we evaluate our internal price on carbon to ensure it’s optimized to help us meet
our goals while allowing us to focus on increasing quality and impact. Over the next few years,
we will steadily increase our internal price on carbon to maintain our quality and impact
objectives and align our investments to accelerate the transition to a zero-carbon future.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
60,000
Carbon Emissions (mtCO2e)
50,000
40,000
30,000
Nature-Based Carbon Removals
20,000
Avoidance Carbon Credits
10,000
Engineered Carbon Removals
0
FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31
Net-zero carbon emissions goal boundary includes global Scope 1, Scope 2 market-based, Scope 3 market-based data center non-IT, Scope 3 business travel, Scope 3 public cloud emissions, and Scope 3 serviced offices.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our partnership with Frontier. with Charm Industrial, totaling $53 million. With this purchase, times more carbon than terrestrial trees, they are an important and
Charm will remove 112,000 tons of CO2 from the atmosphere and highly impactful natural climate solution.
Funding from businesses can be catalytic in scaling investment in
store it permanently underground between 2024 and 2030.
the climate solutions necessary to achieve a just and sustainable In our FY22 and FY23, Workday supported the funding of 165,000
1.5°C future. In 2023, we announced our new partnership with mangroves planted in Mexico, and 35,000 in Kenya. On top of the
Frontier. Frontier is an advance market commitment that aims to Investing in natural climate solutions. environmental benefits, these projects also helped provide jobs
accelerate the development of carbon removal technologies by Along with our commitment to carbon removal technologies, we’re to those local communities. In Mexico, 30 full-time employees and
guaranteeing future demand for them. We recognize the power also supporting a $1 million investment to scale up two natural hundreds of seasonal workers planted mangrove seedlings, creating
we have as a company to be part of a real advancement in the climate solution projects focused on mangrove reforestation in new jobs and economic opportunities.
handling of the climate crisis. And, like all innovation efforts, funding Mexico and Kenya.
from companies such as ours is needed to push carbon removal
Natural climate solutions are widely regarded as critical to our
technologies to the necessary next stages of development.
progress on climate change—both through conserving the existing
Workday is joining Frontier alongside Autodesk, H&M Group, carbon sinks in our natural world and through restoring them where
and JPMorgan Chase, contributing a combined $100 million in they have been degraded. As mangroves are disappearing globally
new funds to Frontier’s advance market commitment. Frontier is at a rate of 1% to 2% per year and are estimated to store up to four
bringing on new members, including Workday, to increase demand
and spur supply. Pooling corporate funds into an advance market We’re supporting a $1 million
commitment “derisks” the development of needed technologies,
investment to scale up two
enabling more companies to support durable carbon removal.
They’re signaling to researchers, entrepreneurs, and investors that natural climate solution
there’s a growing market for these technologies. And in May 2023, projects focused on
we shared that Frontier facilitated its first set of offtake agreements
mangrove reforestation in
Mexico and Kenya.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
4% 18%
to FY20.
Through this exercise we were also able to gather a more comprehensive look at our Scope 3
emissions. For the first time in our CDP Climate Change Response, in 2022 we shared our purchased increase in carbon intensity per reduction in commute and remote
goods and services, capital goods, fuel- and energy-related activities, and waste Scope 3 categories. square foot of office space since work emissions per employee
Moving forward, we’ll continue to update our data to give our stakeholders a complete look at our FY20 since FY20
3% 2%
operations, allowing us to communicate progress and identify areas of focus and investment.
Scope 3:
Purchased goods
and services:
163,389
Scope 1: 308,587
2,660
6
To see our full list of footnotes for our Scope 1, 2, and 3 emissions, see our detailed energy and emissions data here. FY22 FY23
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Improving our environmental impact Mitigating our historical emissions. As of the end of FY23, we have mitigated the entire Workday carbon
legacy (covering all our operational emissions before we reached
at Workday Rising. At Workday, we’re one of the first large, global companies to reach a
our net-zero target in 2020) through the purchase of high-quality,
lifetime net carbon footprint of zero by mitigating our carbon legacy
As we came together again in 2022 for Workday Rising, we third-party verified emissions reductions, or carbon credits.
through the purchase of carbon credits. This was an important,
also continued our tradition that we started in 2018, of offsetting
actionable step toward achieving a zero-carbon future, as we also
emissions from travel not only for Workday employee travel
look to set futuristic goals and invest in technology that will take
to Workday Rising, but for all attendee travel. We did this by
some time to implement systematic change.
purchasing high-quality carbon credits that support sustainable
development projects around the world. By limiting on-site
travel to only essential needs, we tried to reduce additional
emissions strategically.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
266,502 gallons
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
Workmates also have the latitude to work on the programs that are
most material to their local offices. We recognize that each global
office is unique, and Green Teams can implement initiatives that best
fit their office culture. The program has been a success at supporting
a culture of sustainability at Workday, and 88% of our Workmates say
sustainability is very important to them or that they support it.
Our strategy | Our evolving sustainability journey | A carbon-neutral cloud | Clean and renewable energy | Carbon reduction and removal | Managing our water footprint | Green Teams | Reducing e-waste
11,652
reductions, we also have an e-waste goal: to responsibly we also worked with a third party, Acoufelt, on
dispose of 100% of our IT equipment. As a technology our acoustic paneling. Acoufelt’s primary material
company offering cloud applications to our customers, the
assets recycled or resold component, FilaSorb, is made from regenerated PET
most prominent and material waste stream for Workday is
(polyethylene terephthalate) fibers with a minimum
electronic equipment. We have two primary sources: data
centers and employees. of 60% recycled content.
53,881
computers and peripherals provided to our employees to white fibers. FiloSorb can be recycled again at the
conduct their daily work.
end of its useful life. With the use of the FilaSorb in
To meet our goal, we implemented an Electronics lbs. total weight (data centers) our office, we helped divert 702,771 20-oz. plastic
Disposition Policy that covers all retired, excess, and bottles—or 17 tons—from landfills and waterways.
obsolete electronics generated by our global operations.
$1.3 million
The policy applies to both our data centers that provide our
cloud applications, and our internal IT operations. Workday
also provides e-waste bins throughout our Pleasanton
value recovered
headquarters campus, as well as at our largest field offices,
that employees can use to responsibly dispose of unwanted
electronic equipment such as cables, keyboards, and other
peripherals.
Our strategy | Employee development | Making meaningful connections | Well-being for all
People and
Purpose
Our strategy | Employee development | Making meaningful connections | Well-being for all
Our strategy | Employee development | Making meaningful connections | Well-being for all
Our strategy | Employee development | Making meaningful connections | Well-being for all
Skills growth powered by the Leading at Workday: Whether someone plays an informal
leadership role, manages a team of people, or leads an entire
Workday product. business organization, we offer development resources to enable
Skills are the modern currency of work. Understanding our their growth as a leader. Highlights include a self-driven learning
employees’ skills enables our organization to match the right journey for those who want to grow into people leadership,
work to the right people and invest in upskilling efforts to achieve a signature learning experience for new people leaders, and
key business results. Employees’ awareness of their own skills high-potential development programs targeted at director- and
(and skills gaps) enables them to know which skills to develop to executive-level leaders. We also invest in the People Leadership
accelerate their career growth, and take advantage of opportunities Summit to drive our Talent Brand, Values, Experience, Belonging,
for internal mobility. Connections, and Leadership as measured by employee experience
and the Great Place to Work® rankings.
Career Hub in Workday brings all these opportunities to life in one
place. Employees can:
World-class development The VIBE™ way at Workday: VIBE (Value Inclusion, Belonging, and
opportunities. Equity) journeys explore why the idea of VIBE is important, and
• Input their skills and skills interests alongside information
In today’s dynamic workplace, we believe that the way our people equip all employees with the tools and resources to put VIBE into
on their current career interests and the amount of time
and our company succeed is through continual learning and growth. action. We attract and hire diverse talent through our Opportunity
available to dedicate to development
People tell us they are most engaged when they are continuously Onramps® program, and have programs specially designed for mid-
• Benefit from machine learning that matches their interests exposed to new things, empowered to build new skills, and feel career professionals, such as someone who might have put their
to personalized development recommendations, including that their work makes an impact. We offer a number of educational career on pause. Additionally, our EBCs provide a designated space
relevant learning courses to take, professional connections resources and an incredible support community to help Workmates for members and allies to foster ideation, advance inclusion, and
to make, and future career opportunities to consider through this experience. spur innovation.
• Apply to participate in a gig—a part-time assignment
Learning at Workday: These experiences begin right from the Workday Skills Cloud: building the next generation
sponsored by a Workday leader; since we first piloted
moment employees start at Workday to help them onboard and of tech skills.
Workday Career Hub in 2020, we have matched more than
get acquainted with Workday culture, business, and technology. As part of our ongoing efforts to create more diverse and inclusive
2,100 Workmates to these growth assignments
Highlights include a multimonth onboarding journey—launched talent pools and fuel career mobility, Workday has increased the
More than 7,500 active Workmates have completed onboarding through the Workday product—to help new Workmates get familiar focus on skills-based career development. Workday has always
in Career Hub and we continue to build more opportunities to with the Workday organization, our values, and our strategies for believed skills are key enablers of greater agility and adaptability,
leverage our products to enable growth. For example, in 2022, we success; skills learning opportunities targeting core skills valuable and our latest innovations double down on our commitment to
launched gigs for Employee Belonging Council (EBC) leadership to all Workmates; and eLearning courses covering a huge array of providing organizations with the tools they need to accelerate
roles, bringing greater visibility to the important work these core and job skills needed by different parts of the organization. their skills-based talent strategies.
Workmates are doing and helping the Belonging and Diversity
team with coordination and management across EBCs. At Workday Rising in 2022, we introduced Workday Skills Cloud,
a next-generation skills technology that allows organizations
to easily and securely bring skills data into and out of Workday.
Our strategy | Employee development | Making meaningful connections | Well-being for all
This capability gives companies deeper insight into workforce Workday Peakon Employee Voice is a continuous listening platform For example, Workmates used Workday Peakon Employee Voice
skills and delivers more personalized employee experiences. that surveys employees every week on a subset of engagement, to make it clear they wanted more insight into Workday’s direction
As a skills data ontology, Workday Skills Cloud breaks down well-being, and belonging questions; provides real-time data to and strategic goals. Using that sentiment data, Workday launched
the components of what constitutes a skill, connects those people leaders on their team’s sentiment; and recommends actions an initiative to share the vision and strategy with every Workmate,
components in relation to other skills, and relates those skills based on employee responses. It even enables leaders to engage resulting in our first-ever Strategy Week.
to other categories. Working closely with our customers and with the comments shared by employees—while also protecting
We’re proud to see the thousands of comments, ideas, conversations,
partners, we’re delivering an open and connected experience that the confidentiality of those who leave the responses.
and actions from around the company add up, and will continue to
empowers companies to leverage a consistent set of skills across
Participation in Workday Peakon Employee Voice surveys is listen to our Workmates’ suggestions, and build solutions that help
their business, which will help them drive more meaningful talent
consistently very high—averaging around 70% each week, with create a remarkable experience and a brighter work day for all.
management and employee experiences.
97% of employees having taken part at least once. The Workday
At Workday, a growth mindset and culture of learning have always employee engagement score puts our organization in the top
been embedded into how we work. We aim to take smart risks, 10% of software and services companies globally.7 Through these
learn from successes and failures, and continuously invest in skills responses, we’ve collected over 300,000 Workmate comments and
development and career growth. And with people at the center, over 250,000 people leader responses, and over 1,000 people leader
learning significantly contributes to productivity, innovation, actions have been completed in response to this feedback. Workday Peakon Employee Voice has been adopted
engagement, satisfaction, and career mobility. wholeheartedly within our People Analytics team, but
During the first year of Workday Peakon Employee Voice surveys,
Workmate sentiment showed the biggest improvement in the even more importantly, by our people leaders—taking
Gathering employee feedback via following areas: our employee listening culture to the next level. On
Workday Peakon Employee Voice. • Growth: “I feel that I’m growing professionally.”
average, people leaders review feedback once a
The idea of gathering employee feedback isn’t new to Workday. week. They have read, acknowledged, and responded
• Workload: “The demands of my workload are manageable.” to hundreds of thousands of survey comments, and
In 2017, we launched the Best Workday Survey—developed in
partnership with Great Place to Work®—to ensure we had data on • Accomplishment: “Most days I feel a sense of logged thousands of actions in Workday Peakon—
how to provide a great employee experience for everyone. But our accomplishment for what I do.” complementing our strategic use of this data
ability to generate meaningful insights took a big step forward when
Analyzing feedback has also helped the company to act on the most with bottom-up improvements on the things our
Workday acquired Peakon in 2021.
pressing topics of the day, including understanding which well-being employees care about most.”
initiatives are most effective at reducing burnout risk, identifying the
Phil Willburn
talent programs that best contribute to a sense of growth, surfacing Vice President, People Analytics,
unforeseen challenges as people return to Workday offices, and Workday
Participation in Workday Peakon defining focus areas for senior leaders’ communications.
Employee Voice surveys:
Averaging around 70% each week, The Workday Peakon Employee Voice core measure of employee engagement is based on the
7
employee Net Promoter Score questions, “How likely is it that you would recommend [Company
with 97% of employees having name] as a place to work?” This question is also used by customer organizations providing
taken part at least once. robust benchmarking. Through FY22 and FY23, Workday placed in the top 10% of the Technology-
Software and Services industry benchmark for this core measure of engagement. Workday 2023 Global Impact Report | 44
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
Our strategy | Employee development | Making meaningful connections | Well-being for all
Our strategy | Employee development | Making meaningful connections | Well-being for all
Welcoming employees back to the office was an important Wellbeing Local Leaders spearheaded Mountain Day events for
initiative in 2022. From April through August, the Pleasanton Workmates to get outdoors, connect with peers, and enjoy nature.
Employee Life team executed five events supporting a larger Thousands of Workmates participated across the globe—some
return to office strategy. These events included Welcome locations planned hikes in the mountains (Vancouver, Canada;
Back Days, a summer concert series, the Spring Has Sprung Arizona; and Oregon), while others took walks to the water
Food Fair, and the Here Comes the Sun Food Fair. The goals (Hong Kong; Victoria, Canada; and Johannesburg, South Africa).
for these events were to safely bring people back into the
office after two years of working remotely, provide guidance
through “Ask Me Anything” booths, and reconnect with one
The flex work model: Workday return
another. Over the course of five months, these events reached to office initiative.
over 9,000 Workmates, highlighting Workday core values of Our flex model—which means that employees work from their
Employees and Fun. On average, these events were given a designated office 50% of each quarter and have the option to
93% satisfaction rate from Workmates, resulting in a positive work remotely the remaining 50%—is guided by two core beliefs:
return to office experience that met our objectives.
1 Being together strengthens our connections, sparks great
ideas, and brings out the best in Workmates and our
Workclubs. teams. While this is important for all of us, it is of particular
Our Workclubs are vital to Workday culture. From our importance for the thousands of new Workmates we have
Pleasanton tennis club that hosted a tournament to raise welcomed over the past few years who have not had the
money for Early Intervention for Autism, to our Chicago sports benefit of spending time with colleagues in person.
club raising money for Children’s Home & Aid, Workclubs helped
2 The flexibility to work remotely increases individual
maintain strong social connections for the more than 5,300
productivity and supports well-being.
participating Workmates—even virtually. And in addition to
annual funding to help support their activities, Workclubs also
give back, with each club hosting one “do good” event a year.
Our strategy | Employee development | Making meaningful connections | Well-being for all
supported to prioritize their well-being, show up for their families ongoing global benefit, meaning it’s no longer a program tied
and communities, make their money work for them, take time away, to COVID-19.
and have fun—both at and away from the office. • We simplified our Backup Caregiving subsidy.
Over the last several years we have increased
Here are some of the ways we showed that support:
support for childcare and eldercare needs,
• We offered Northstar Financial Advisory services to the because we know financial support and flexibility
vast majority of employees in 2022, with plans to continue are critical in helping to balance work with
expanding eligibility in 2023. dependent care needs. Instead of a specified
• We broadened our well-being support. In lieu of a fitness number of days for backup care, employees now
reimbursement program that would reimburse employees have up to $1,500 or local equivalent per year
for gym membership and physical well-being expenses, we for backup caregiving expenses. Moving to a
expanded the program to include reimbursement for mental maximum annual amount gives employees the
health expenses as well, such as yoga, light therapy, wearable flexibility to care for their dependents in the way
technology, mindfulness apps, and more. that works best for their family.
Our strategy | Employee development | Making meaningful connections | Well-being for all
Benefits. and is invested in the long-term success of our company, with During each year’s annual compensation cycle, we run our pay
opportunities to increase ownership through additional grants parity analyses, and make adjustments to prevent inequity. We
At the heart of striving to ensure that our employees feel valued,
provided to high-performing employees and investments in our have a market-based pay structure that compares our roles to
motivated, and recognized for their contributions is an inherent
future through the Employee Stock Purchase Program. those of our peers in each region. As part of this review, not only
belief that it is important to take care of the whole employee (and
do we take a look at base salary, but we also examine on-target
their loved ones), from competitive health and benefits offerings
Compensation philosophy. earnings as well as annual stock refresh grants. This process
to pay and compensation. Especially amidst global social, health,
At Workday, our compensation philosophy helps ensure that helps confirm that we pay according to the market value of every
and economic crises, we know that providing employees with
pay is competitive and equitable. We pay for performance, with role we offer, diminishing unconscious bias and structural barriers.
competitive pay, ownership in the company, and a wide range of
differentiated rewards based on individual skills, contributions,
benefits has proven to be more important than ever. As Workday
and potential, and the majority are owners in the company, Pay parity results.
has evolved and matured as an organization, we’ve generated solid
which aligns long-term interests and rewards with interests Each year, the results of the pay parity analysis are encouraging, and
financial results, and through this journey we continue to share
of Workday shareholders. Workmates have multiple ways to support the goal to compensate all employees fairly and equitably.
our success with employees.
increase ownership of Workday stock. All employees receive a Our annual reviews consistently reveal no disparities for greater
new-hire grant, and we grant additional restricted stock units than 99% of our global population. In FY22 and FY23, similar to prior
Supporting Workmates’ financial well-being.
to a majority of employees each year. In addition, our Employee years, the adjustments required to address any disparities in our
From an employee’s first Workday paycheck through to retirement,
Stock Purchase Plan provides employees around the world with annual pay parity analysis equated to less than 0.01% of our global
we’re here to help them save, invest, protect, and manage
the opportunity to purchase Workday stock at a 15% discount base-salary payroll, and less than 0.01% of our total stock budget
their finances. We’re here to help Workmates prosper, and we
through payroll deductions. was needed to adjust total stock grant refreshes. We’re thrilled
believe financial well-being starts at work. We offer market-
to see the continued great results in the pay parity analysis as we
based compensation and benefits that reflect our core values We know competitive pay is a critical component in helping
continue to strive toward inspiring a brighter work day for all.
and align with business strategy. In the U.S., we offer plans to our Workmates feel valued, motivated, and recognized for their
help save for retirement, such as a 401(k) plan with a company contributions. That is why Workday has developed a thoughtful, We know that pay parity is an ongoing
match and a Health Savings Account (HSA). Workday funds 75% competitive philosophy that we aim to apply consistently across journey, and we will continue to
of the deductible through our HSA contribution, and monthly the company, and that is benchmarked every year against other monitor it regularly, as well
employee premiums are held very low to help ensure Workmates companies with similar attributes. as continue to enhance
have affordable healthcare. We also offer a variety of benefits to Workday applications
support family needs, including specialized support for fertility Our commitment to pay parity. to support this work
treatments and new parents, reimbursement for adoption costs, Workday embraces diversity—including different perspectives, for both ourselves
contributing to a 529 college savings plan, and even pet insurance. insights, backgrounds, and skills—because it fuels innovation, and our customers.
and creates a broader connection to the world. We believe that all
We conduct frequent benchmarking to help us stay at or above
employees deserve fair and equitable pay and an equal chance to
the market in Total Direct Compensation. In 2022, all employees
succeed. Each year, we conduct a company-wide race and gender
participated in a cash-based incentive plan (Sales Commission
pay analysis to support fair and equitable pay among all individuals
Plan, Customer Experience Bonus Plan, or Workday Bonus
and all races, in similar roles.
Plan). Every full-time Workmate is a shareholder in Workday
Our strategy | Employee development | Making meaningful connections | Well-being for all
Our strategy | Employee development | Making meaningful connections | Well-being for all
The Global Workplace Safety team. Emergency Response and Life Safety teams. Traveler medical and security support.
Workday has procedures in our Global Emergency Action Plan Global Workplace Safety monitors employee travel globally, utilizing
The Global Workplace Safety team supports the traditional
on how to respond to a variety of emergency situations. We industry-leading services and technology. We strive to ensure the
corporate areas of physical security and occupational health and
periodically test our response procedures, where practicable. Each safety of our Workmates with ease by providing assistance when
safety for Workday on a global scale. From the workplace to work-
site controlled or managed by Workday has site-specific Emergency needed, along with communicating to them about what to do in the
related travel, it’s our goal to keep our Workmates safe and secure.
Response Plans in place. event of an emergency. International travelers are provided with
In 2022, the Global Workplace Safety team supported the reopening pre-travel health and safety advice regarding their destination, and
In the majority of our offices, we have Life Safety teams comprised
of our offices around the world, ensuring our employees were have access to medical and security support while abroad.
of Workmate volunteers who are trained in building-evacuation
as safe as possible during the transition from remote work.
procedures, CPR, AED use, and first aid, and ready to assist in an
As we returned to hosting live, in-person events, our team led Risk assessments.
emergency. We have invested in a new AED tracking system that
safety protocols that included COVID-19 testing, contact tracing, Health and Safety and Physical Safety risk assessments are
allows us to centrally track the readiness of our AED devices, our
masking requirements, sanitization protocols, and more. conducted across the globe to evaluate risk and meet compliance
consumables, and the volunteers who are trained to use one.
needs where applicable. Assessments are documented, and any
These protocols were in addition to the COVID-19 responses we
applicable risk elimination and/or mitigation measures are assigned
already had in place, including monitoring the pandemic and other Corporate event security program.
and tracked for completion.
global and local disasters, developing our Healthy Workplace policy Our Global Workplace Safety team has a corporate event security
to screen for COVID-19 symptoms, and developing enhanced program in place. Employees and guests can attend and participate Training programs.
cleaning protocols and other safety management practices. in Workday events with ease, knowing that their health and safety
Global Workplace Safety has launched new trainings on Concerning
are our top priorities. Global Workplace Safety utilizes a time-tested
Behaviors in the Workplace, Tailgating and Badging Awareness, and
Security operations center. methodology in developing, organizing, and implementing security
our Emergency Action Plan to help ensure that our Workmates are
Global Workplace Safety Physical Security Operations Centers (GSOCs) plans at corporate events.
equipped with the information they need to stay aware and safe.
are based in our U.S. headquarters in Pleasanton, California, and
our Europe headquarters in Dublin, Ireland, along with our newest Health, safety, and security incident reporting. We’ve also updated our on-demand ergonomics
location in Pune, India. Our GSOCs are backed by a generator to We’re using our own product to report on and monitor health and training program to support hybrid work. With this
enable seamless operations during any power disruption. GSOCs safety incidents. This includes the reporting of safety concerns, program, each Workmate receives customized
are multifunctional and designed to monitor, assess, and respond security threats, occupational injuries and near misses, building- training to suit their environment and individual
to various environmental or human-made disasters that can impact evacuation drills, and other related incidents. The system also workspace. This ensures that they get what they
our people and our business. They are staffed 24/7, and are at the enables comprehensive investigations to be carried out to need to support their physical well-being whether
core of our operational services with a continuous commitment to determine root causes and corrective actions, including risks working from home, in the office, or both.
keep Workday people, property, and business operations safe. review and process improvement.
Global Workplace Safety monitors
employee travel globally, utilizing the
most up-to-date, innovative technology.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Belonging and
Diversity
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
These past few years have been uniquely challenging with political, social, and world events all
taking center stage. We’ve seen new approaches to work across all sectors, including increasingly
flexible and hybrid ways of working, preferences for remote working, increased focus on employee
well-being, and recognizing burnout. Each shift represents a new focus for employers as they
respond to evolving employee needs while managing the needs of a multigenerational workforce.
Amid the challenges that impacted people and companies worldwide over the last few years, we
have seen how a focus on diversity, equity, and inclusion inspires people and gives them hope for
change to come.
Impact for a changing world.
As I reflect on the strides we’ve made at Workday in the last year, I’m proud of what we’ve been able
to achieve and know that looking forward, we’ll work together to build on this great momentum. Change can be both big and small. We need to think about the impact of the changes
each of us can make in our day-to-day lives to move the needle. That’s vital. But we also
Solidarity, compassion, empathy, and support for one another are the key ingredients needed to need to think big, and examine the entire system we operate in.
move in the right direction. As we come together we also acknowledge the challenges we solve, the
healing we need to do, and the long but important path ahead. At Workday, we remain committed Sincerely,
to this journey.
Carin Taylor
Chief Diversity Officer, Workday
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our commitments to VIBE. Double the number of Black and Infuse VIBE into how we think Empower Workmates to contribute to Offer workshop services at no
Since day one, our employees have been our number one core Latinx leaders respectively in the U.S. about and act on our Workday Opportunity in Action, our 250,000- charge for our first 300 customers
value, helping shape who we are as a company, and we remain by the end of 2023.10 core values. hour commitment toward mentoring deploying VIBE Central.
and skills-based volunteering in
committed to rooting everything we do to help further our Goal In Progress Goal Achieved Goal Achieved
communities around the globe
commitment to equity in the workplace. Against the backdrop
by 2023.11,13
of the social justice movement we saw unfold in 2020, many
organizations took action to address inequality and foster more Invest 25,000 hours in training Invest 150,000 hours in career Accelerate Opportunity Onramps® Publish a biannual B&D product
inclusive work environments. In 2020, we developed our one-year over the next year to ensure all development programs and hiring to fill 20% of our early to mid- roadmap to highlight innovative
and three-year company-wide commitments to support social managers are able to attract, recruit, education that increase visibility career full-time roles by the end solutions for our customers.
justice, as well as support and activate our internal communities hire, and advance employees of and opportunity for Black and of 2023.
Goal Achieved
to drive positive change. Over the last three years, we’ve made all backgrounds.11 Latinx talent over the next year.
Goal In Progress
significant progress on these commitments. To continue our Goal Achieved
momentum and build upon our progress, we’re excited to
introduce new VIBE goals.
8
Due to laws in some countries and regions, we are only presenting race/ethnicity data for the U.S. at this time.
9
For more on representation, see page 62.
10
We reached 86% of this goal as of Jan. 31, 2023, and continuing. We have established new VIBE goals, and increasing the number of Black and Latinx leaders will continue to be a focus.
11
Goals are sunset.
12
For more on Workday philanthropic efforts, see page 69.
As of January 31, 2023, we have accomplished 32% of our goal of having Workmates contribute 250,000 hours toward mentoring and skills-based volunteering in communities around the globe by the end
13
of 2023. We recognize the hard work it takes to reach this ambitious goal. With our employees in mind, we wanted to safely navigate through the many challenges of the global pandemic that significantly Workday 2023 Global Impact Report | 53
disrupted our ability to create, execute, and achieve 250,000 hours of volunteering.
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our efforts and outcomes: progress Previously, we invested $10 million toward organizations fighting
for social justice, which supports people from underresourced
functions to infuse VIBE™ goals throughout business practices,
driving action and accountability for all. When we boldly champion
we’ve made since 2020. communities, including Asian American and Pacific Islander. To inclusion, belonging, and equity, we improve our ability to create
Thanks to efforts across Workday, we’ve successfully achieved our goal learn more about how our Workmates are getting involved with lasting change. We look forward to enabling our Workmates to help
of increasing our Black and Latinx representation by 30% in the U.S. our social justice grantees through volunteerism, visit the “Social us achieve the following objectives:
While we’ve surpassed our goal, our commitment to improving and Impact” section of this report.
Inclusion and Belonging: Improve employee engagement in Peakon
balancing representation will continue with an unwavering focus on
Recognizing that B&D is the foundational element for a more Employee Sentiment tool through increasing inclusive capabilities,
attracting, hiring, and retaining great talent with diverse backgrounds.14
equitable and sustainable future, B&D is now one of the top solutions behaviors, and practices throughout the organization, and striving to
Our method for measuring employee belonging and satisfaction we’re investing in to help address the most important business create a culture where all workmates feel they belong.
changed as we adopted usage of Workday Peakon Employee Voice, challenges for the office of the chief human resources officer.15 We are
proud of the Workday VIBE Index, a solution that helps organizations Equity: Balance diverse representation by infusing VIBE™ in
our intelligent listening platform, to gather incredibly valuable
gain valuable insights about equity within their workforce across development, enablement, hiring, promotion, performance
feedback and insights from our employees. At a company level,
multiple outcomes—such as hiring, belonging, and leadership—and management, and retention practices. To help achieve this, we’ll
the feedback puts us in the top 10% of our industry benchmark
intersections of identity—such as gender and race. We continue to focus on increasing representation in the following areas:
for belonging and satisfaction—a figure that reflects our diversity
and inclusion efforts. Of course, what matters to us is that every build momentum with VIBE Index and VIBE Central.
• Women in senior/executive leadership globally
employee feels a sense of belonging here at Workday.
Workday remains focused on increasing gender equity and • Black and Latinx Workmates in the U.S.
Our pursuit of sustaining and strengthening our culture of VIBE representation globally, and continuing efforts to support our
• Asian, Black, and Latinx Workmates in leadership in the U.S.
isn’t just about doing the right thing; it’s about the positive impact underrepresented communities. To continue our progress, and to
• Early/mid-career talent for full-time roles in the U.S.
Workday has on the world, our workforce, our communities, and our help develop our leaders of tomorrow, we have internal programs
customers. To that end, our program Opportunity Onramps is making and partnerships such as Ascend, LevelUp, Elevar, and DevelUp
a difference: that are all designed to provide opportunities for career growth and
advancement for emerging underrepresented leaders at Workday.
As of January 31, 2023, 16% of all FY22 U.S. hires for early to mid-
career roles have come through our Opportunity Onramps program. Looking to the future, Workday remains steadfast in our
We are on track to meet our commitment to fill 20% of these roles commitment to being a workplace where everyone
with talent from untapped communities by the end of 2023—and feels valued for their unique perspectives, respected
every year thereafter. as equal and integral, and given fair access to
opportunity in an organization that reflects
the rich diversity of the world. This year,
we’re partnering closely with key business
14
For more on representation, see page 62.
15
For more on solutions, see page 65.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
63%
for People with Disabilities,’ and I was immediately compelled to join
that Employee Belonging Council. So just in case you’re wondering if
of people leaders completed your story and what you say and do make a difference, it does.”
“Inclusive Hiring Foundations” Lynn Knight, Senior Engagement Manager, Workday
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Accessibility at Workday.
Creating a Workday that’s accessible to all.
At Workday, we believe that everyone—regardless of their abilities—deserves equal
access to technology. It’s why we’re committed to delivering an accessible experience to
all users. We’re building Workday to work for everyone, on every device and
every platform.
Every year, Workday celebrates Global Accessibility Awareness Day (GAAD) led by our
Accessibility team to help raise awareness on digital accessibility and inclusion for
people with disabilities. As GAAD Foundation sponsors, we invite external and internal
subject-matter experts as speakers during GAAD celebrations to educate our workforce
and empower each employee to act as an accessibility champion.
We know when we solve with disabilities in mind, we’re creating accessible and inclusive
solutions and experiences for all. Our Workday for People with Disabilities Employee
Belonging Council (EBC) is a celebrated space for Workmates, our friends and families,
and our extended community to come together to respect, empower, and include all
people with disabilities. Each year, our People with Disabilities EBC delivers meaningful
events and experiences designed to educate all employees and improve the employee
experience through disability inclusion initiatives and awareness. Learn more how our
People with Disabilities EBC is making an impact for a changing world.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
We value Belonging.
We respect one another as equal and integral members of the
Workday community.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our Military and Veterans EBC raises awareness of the unique value veterans bring to
Workday through active participation in the recruitment, retention, and engagement
of veterans. Read the blog: Honoring Veterans Day and Supporting Our Veteran
Community in Tech.
Creating belonging doesn’t happen in a vacuum, and that’s why our EBCs are critical,
because they represent the voices of their communities and foster a sense of belonging
by encouraging the sharing of lived experiences, stories, and diverse perspectives,
as well as inviting critical and courageous conversations into the workplace. EBCs
recognize the importance of collaboration; there is power in elevating both unique
and shared perspectives to deepen compassion, empathy, and understanding. In FY23,
all Workday EBCs came together for International Women’s Day, providing 24 hours of
global programming that recognized intersectionality and connectedness.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
We value Equity.
Equity is an investment, and at Workday we all do our part to promote
access to opportunity and fairly share the successes of our work.
LevelUp at Workday.
Our newly launched program LevelUp provides greater visibility of and
opportunity for underrepresented minority (URM) talent to accelerate
equitable recognition and promotion through curated experiences
including expanding career opportunities and connections, and
coaching and mentorship circles, as well as skills development
workshops and webinars.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Our representation and Our overall global gender representation continues to trend upward
for women in leadership and management positions, with women
FY23 Global gender diversity16,17
diversity at Workday. representing 41.8% of our global employees and 36.7% of global
leadership positions. Although our diversity data is in alignment
with, and in some instances ahead of, industry standards, we still
In 2020, we announced a set of company commitments to increase believe there is much more to do and are committed to doing better.
overall representation of Black and Latinx employees in the U.S.
We’re proud to say that we’ve accomplished this goal, as our To track progress and plan for the future, we have begun the
Black leadership is trending upwards, and Latinx leadership has expansion of self-identification options in Workday globally, enabling
increased and is trending in the right direction. our employees to share unique dimensions of their identity.
Workday is invested in collecting employee self-identification (self-
Looking at our diversity data, we’ve seen several notable trends ID) data, which involves asking employees to voluntarily share key
across our organization this past year. For example, we continue to demographic information about themselves (such as race, gender,
make strides in increasing the diversity of our leadership—defined sexual orientation, disability status, veteran status, and so on) to
as roles of director and above—across Workday. In FY23, our Asian, further advance our commitments, as well as track our diversity
Black, and Latinx leadership has increased and continues to trend progress. Additionally, we use internally developed products to bring
in the right direction. While we may have doubled these numbers, diversity- and inclusion-related data into one centralized location
we recognize this demographic remains relatively small, so we and set our B&D strategy. Through these products, we can assess,
are committed to continuing to put effort into creating a more measure, benchmark, and manage diversity and inclusion, as well as
balanced representation across our company. empower our leaders to create B&D plans and measure performance
and outcomes across areas such as hiring, development, and
Overall representation is up. As of January 31, 2023, our total Black
employee experience.
and Latinx representation in the U.S. was 10.2% (4.3% Black; 5.9%
Latinx). Our intention is to continue improving and balancing this
representation as we work to attract, hire, and retain the best talent.
As of January 31, 2023,
36.7%
Leadership representation is up. Our Black and Latinx leadership
representation in the U.S. has also been moving in a positive
direction. As of January 31, 2023, we reached 86% of our three-
year goal to double the number of Black and Latinx leaders. We of Workday leadership
increased our number of Black leaders by 125%, and increased our positions are
Latinx leaders by over 50%.
held by women.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
18
Due to rounding these charts may total slightly above 100 percent.
19
Data represents all global regular employees.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
17.5% increase from previous reports. We’ve seen positive upward trends in our Black representation over the last few years, growing refers to ethnic or racial groups whose populations in the
Black leadership and management steadily over the last few years from 1.6% to 2.5%, then to 2.6% in FY23. While we recognize workplace are disproportionate to the population in society.
the progress we’re making, we have an opportunity to do better and are developing programs to increase belonging, accelerate In the U.S., we are referring to our Alaskan Native, American
career growth, and usher these groups into leadership positions. We plan to continue to use data to understand the makeup of our Indian, Black, Latinx, native Hawaiian, other Pacific Islander,
organization and recognize important patterns in overall representation, belonging sentiment, and hiring trends. We can see that we are and multiracial employees. As of FY23, our underrepresented
starting to hire more diversely and expect to see more significant growth in the future. minorities represent 14.1% of our U.S. employees and 10.3% of
leadership positions in the U.S.
Data represents global regular employees; employees not disclosing their gender
20
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Workday Peakon Employee Voice provides a holistic overview VIBE Central gives organizations a view of all belonging and diversity
of the employee experience across the organization with metrics and reporting tools in one centralized place. For example,
real-time insights into employee engagement, sentiment, let’s say you see hiring is low for a certain intersection group. Where
productivity, well-being, diversity, equity, and inclusion (DEI), in the hiring process is the issue? Is it a lack of diverse candidates
and transformation and change data. applying, or that diverse candidates are dropping off in the pipeline—
VIBE Index enables organizations to holistically measure and for example, from the screening to the interview stage? VIBE Central
Adopting an active listening approach provides continuous benchmark diversity, equity, belonging, and inclusion metrics. surfaces these indicators.
insights into how to maximize engagement, productivity, and
• Breadth and depth: Measure across the employee lifecycle,
business performance by actively listening to employees,
from sourcing and hiring diverse talent to retaining, developing,
understanding what matters most, and taking swift action.
and promoting that talent, all the way to understanding
belonging sentiment and positively impacting attrition.
Our Belonging and Diversity journey at Workday | VIBE™ | We value Inclusion | We value Belonging | We value Equity | Inclusive and equitable hiring | Our representation and diversity | Using Workday to take everyone on the journey
Social
Impact
Our strategy.
At Workday, our company’s purpose—to inspire a brighter work day
for all—guides us to focus on doing our best in service of others.
Ongoing global health, economic, and social crises impact our most
vulnerable populations the hardest and our deep commitment to
creating opportunity for all drives our strategic approach to making
a positive social impact in the communities where we live and work.
Philanthropy.
The Workday Foundation.
At Workday, we invest in our communities and the broader world
through cash contributions, public advocacy, collaborative social
impact partnerships across industries, donated time and strategic
expertise, in-kind donations, and event partnerships that raise
millions of dollars for our nonprofit partners each year.
The Foundation also invests in systems-change organizations The Workday Foundation is primarily focused on preparing people things such as natural disasters, pandemics, mass shootings, and
and collaborations focused on collective efforts to connect the for digitally enabled career paths and careers supporting a low- hate crimes after they take place, the Foundation makes strategic
education-to-employment pipeline so more people from diverse carbon economy. These two career tracks show enormous future investments in our nonprofit partners working to prepare for
backgrounds with diverse experiences have access to opportunity growth potential; the baseline skills for these jobs can be gained and prevent these devastating events. Through preparation and
through a broader variety of earning and learning experiences. within six months, and the base starting pay is typically a family- prevention, we can reduce the horrific harm caused to individuals,
This includes advocating for skills-first hiring and mobility talent sustaining wage with room for future wage gains. families, and communities while simultaneously reducing the
practices, striving to reduce degree-focused biases in job postings, costs required to repair the damage after an event has already
and encouraging on-the-job skills development opportunities that The Foundation also invests a portion of its grant portfolio to
taken place.
lead to upward mobility and increased earning potential. prevention initiatives. Rather than take a reactive approach to
Green Jobs.
It is clear that the threat of climate change will have long-lasting • GreenWave.
consequences for our planet and communities across the globe. At GreenWave has a goal to empower 10,000 regenerative ocean
Workday, we have long worked with other climate-focused leaders farmers over the next 10 years. Regenerative ocean farming
worldwide who believe it’s our collective responsibility to support a has been identified as a key solution to climate change. It
more sustainable future. has the power to sequester carbon on land and sea, reduce
methane production in livestock, rebuild marine ecosystems,
Having a workforce with the skills needed for the green jobs of the
enrich soil, and address the global plastics problem.
future is a key lever to accelerate our global transition to a low-
GreenWave’s polyculture farming system grows a mix of
carbon economy. The Workday Foundation is committed to helping
seaweeds and shellfish that requires zero inputs—making it
people from diverse backgrounds gain the skills needed to secure
the most sustainable form of food production on the planet—
jobs that will have a lasting positive impact on our planet.
while removing carbon and rebuilding reef ecosystems.
Some of our Green Jobs grantees include: • GRID Alternatives.
GRID Alternatives’ training programs offer a variety of ways
• The Just Transition Fund.
to gain skills in different aspects of the solar industry with
The Just Transition Fund works to create economic
the opportunity to participate in the installation process
opportunities for those frontline communities and workers
from start to finish. Trainees learn while participating on
most impacted by the transition away from coal. This fund
real-world solar installations, getting a full picture of the
supports communities in securing funding, both public
industry by meeting the clients and communities served.
and private, to advance equitable and low-carbon energy
GRID is committed to providing training opportunities
solutions and build more resilient communities.
that are accessible and inclusive of groups traditionally
• Coalfield Development. underrepresented in solar, including women, people of color,
Coalfield Development creates and supports new climate- and those impacted by the criminal justice system.
forward businesses in the West Virginia region. Coalfield
Development’s ecosystem of employment-based social
The Workday Foundation
enterprises is dedicated to training individuals for the
diversifying regional economy, and providing jobs that agreed to invest
$1 million
advance employee well-being.
Prevention grantmaking.
As the past few years have demonstrated, there are ongoing and Disaster relief. Total grants disbursed by
critical social, environmental, and health concerns across the Through our annual support of organizations including Habitat the Workday Foundation
globe that demand and deserve a heightened response. From for Humanity, the American Red Cross, and Direct Relief, we’re since 2013: more than
natural disasters and global health emergencies to mass shootings able to help fund important initiatives that provide people
and racially motivated hate crimes in our communities, there
are multiple crises in the world each year that need and deserve
support and attention.
with the safety and stability they need to prepare for a disaster
before it happens, or to quickly recover and rebuild after a $33 million.
disaster has impacted their homes and communities. With
these grants, we’re helping to prevent loss of life and property,
Similar to the way the Workday Foundation has long supported
and providing emergency shelter assistance, access to supplies
natural disaster preparedness by making annual, proactive
and toiletries, meals, healthcare, and education and training to
donations, we have also expanded our preventative grantmaking
those impacted by natural disasters.
portfolio to include nonprofit organizations in the global public
Grants supporting those impacted by the war in the Ukraine.
health and social justice fields. These grants allow organizations
Social justice. The Workday Foundation supports those impacted by the war in the
to (a) invest in prevention, and (b) respond very quickly and nimbly
when specific events do arise without having to fundraise in Our Social Justice grants are investments in organizations Ukraine by making grants to organizations providing humanitarian
response. By proactively making annual donations in these areas, focused on interventions that address the root causes of vitriol and medical aid, as well as to those who offer support for refugees,
we can support organizations focused on root causes in an effort and violence targeting dimensions of diversity that include (but including the USA Association for UNHCR, Nova Ukraine, and The
to help prevent the issues from occurring in the first place, while are not limited to) race, gender, religion, sexual orientation, and Community Foundation of Ireland’s Ukraine Response Fund.
simultaneously acknowledging they are important societal issues more—with the goal of reducing hate-based discrimination and
that merit ongoing investments. violence and increasing a global culture of appreciation and
understanding across differences.
Making these proactive investments does not preclude us from
acting in the moment when another crisis strikes. When further Global health.
support is needed, we are there to help those impacted by The impacts of the COVID-19 pandemic are still with us, and
significant events around the globe. the potential to be impacted by future pandemics has not It’s not about replacing coal with a new mono-
diminished. To continue the momentum of public health grants
cultural economy, but rather creating diverse
made during the pandemic, the Workday Foundation has made
and more resilient economies where everyone is
proactive investments with the WHO Foundation and Gavi,
the Vaccine Alliance to support their work in preventing and
included and can thrive in a lower-carbon world.”
responding to global health emergencies. Brian Sewell
Director of Development, Just Transition Fund
$1.2 million
grant of $1,000, $2,500, or $5,000, which is donated to the
for all. With Bright Days Off, employees are free to take an afternoon nonprofits where each winner volunteers their time and
off to volunteer at their favorite nonprofit and give back in a way resources. VOTY winners are selected by their peers and
that is meaningful to them. donated to nonprofits in FY22 and FY23.
our Giving and Doing Local Leaders.
Of these, over 60,000 hours were dedicated to Opportunity in Action
23
Giving and Doing Local Leaders. Employee giving. Workday Giving and Doing
Since 2014, the Giving and Doing Local Leaders have helped Our Charitable Donation Matching Gift program allows
us bring our community engagement programming to life in employees to double their donation to any qualified
Local Leaders shine bright.
Since 2017, Meri Antin has been an enthusiastic Giving and Doing
our offices across the globe. As of FY23, we have 129 Giving charity organization up to $1,000 or equivalent per
Local Leader at the Workday Boulder, Colorado, office. Meri says
and Doing Local Leaders in 56 offices worldwide. Our Local employee, per year. As the company has grown, so have
Leaders bring to life company-wide moments of giving and our contributions to the community. she followed in the footsteps of her colleague Julie Weibech, who
doing and, perhaps most importantly, tailor volunteer events Meri credits with establishing the Giving and Doing Local Leader
and fundraisers so they are directly applicable to the particular More than program in Colorado. According to Meri, the Giving and Doing
needs of each location. Workday Local Leaders are offered Local Leader program was part of the glue that kept the Denver
support and financial resources to ensure their office is able
to give back in a way that’s most impactful and meaningful to
$12.3 million and Boulder Workday community connected and engaged during
the pandemic. The Local Leaders would meet weekly to develop
their city. in employee donation matches
fun and creative virtual ways to give back. Sometimes these
made since 2013
efforts would include a Boulder Site Leader rocking a costume to
Volunteer events. raise funds for local nonprofits and bringing a smile to our faces
Workday employees strive to support their communities More than when we needed it most. As Workmates have begun returning to
$2.1 million
year-round. Employees can plan their own events and invite the office, Meri will continue to host virtual campaigns to keep
their colleagues, or they are welcome to join any of the many the Boulder and Denver offices connected, but she’s also thrilled
volunteer opportunities planned by their teams, their Giving and to volunteer in person with local nonprofit partners.
in FY22
Doing Local Leaders, Workday sponsored events, or even events
organized by Workday Employee Belonging Councils.
More than
• Employees in Melbourne, Australia, have joined the battle
against food insecurity by partnering with Eat Up on four
occasions to make sandwiches for hungry kids who don’t $1.9 million
have a school lunch. Melbourne Workmates prepared a in FY23
total of 3,260 cheese sandwiches!
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Governance
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Governance.
The Workday commitment to sound corporate governance is rooted
Workday board of directors.
in integrity, ethical conduct, and compliance. This commitment
includes establishing clear guidelines for decision-making, risk
12 9
management, and ethical conduct, and promoting adherence to
relevant laws and regulations. As stewards of information that is
valuable to Workday and its customers, suppliers, and partners, members independent members
we prioritize trust and security in both reality and reputation. Our (as defined by NASDAQ rules)
corporate governance practices are guided by Workday core values
and promote the long-term success of our business.
Leadership Committees
Board of directors.
Chairman is a co- • Audit
The Workday board of directors oversees areas significant to our
founder and co-chief • Compensation
business, such as strategy and long-term plans, risk management,
executive officer
compliance, and ethical standards and behavior. Our board sets • Nominating and Governance
high standards for Workday employees, contractors, officers, and Vice chairman is lead • Investment
directors, and is committed to a corporate governance structure independent director Experience
that promotes long-term stockholder value creation.
3 9 50%
integrity, profitability, and fun, we recognize the value in diversity technology leadership
and endeavor to assemble a board with diverse skills, professional
experience, perspectives, and demographics. Find more information Women Men of all directors are gender
on the Workday board of directors—including committees, and/or ethnically diverse
Public company Financial expertise Marketing, sales,
structure, and director biographies—in our 2023 Proxy Statement and brand building
board and accounting
and in the Governance section of the Workday Investor Relations
webpage. On the Investor Relations webpage, you’ll also find the
3 2 2
Women Asian Black
charters of each of our board committees, which outline each
committee’s respective roles and responsibilities, as well as the Global business Business development Human capital
Workday Code of Conduct and Corporate Governance Guidelines. operations and strategy management
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Environmental, social, and The Workday ESG Steering Committee, with executive sponsorship Workday ESG Oversight
from both our chief legal officer and our vice chair, reports to the
governance (ESG) oversight. board and is responsible for formalizing Workday ESG strategy,
Board of Directors
The Workday core values compel us to be a leading corporate goals, and structure. The ESG Steering Committee is composed of
Oversight of ESG Program
citizen, and to protect and serve the communities around us leaders from Workday’s legal, finance, and internal audit functions
and the planet we live on. We believe that strong oversight and provides reports to the board on progress toward the
and governance of ESG contributes to the long-term success company’s ESG goals and initiatives annually and as needed. Nominating Committee Audit Committee
of Workday and allows us to make positive impacts for the Charter includes: Charter includes:
The ESG Steering Committee is supported by the Workday
environment and within the communities in which we operate. Our • Oversight and review of ESG • Oversight of global ethics
cross-functional ESG Task Force. The ESG Task Force meets policies and programs and compliance function
ESG program is implemented at every level of our business and
regularly and includes subject-matter experts from across the • Review and discussion with
includes board and board committee oversight, executive-level
company in environmental sustainability, diversity, equity and management on ESG strategy,
leadership, and subject-matter experts who lead our ESG efforts initiatives, policies, and progress
belonging, talent and culture, workforce development, corporate
across the company.
governance and business ethics, product innovation and customer
The Workday board of directors provides oversight of our ESG satisfaction, privacy and data security, and responsible AI.
program and is actively engaged in ESG issues important to our Workday also has a Sustainability team, led by our senior director
company and business strategy. Our Nominating and Governance of Environmental Sustainability, that is responsible for setting Executive Management
Committee oversees and periodically reviews Workday policies and implementing the company’s environmental strategy and Chief People Officer
and programs concerning environmental sustainability, social programs. The ESG Steering Committee reports to the board at Responsible for human resources and global impact
responsibility, and governance, as well as Workday participation least annually on environmental sustainability matters. Chief Diversity Officer
and visibility as a global corporate citizen; our Audit Committee Responsible for the development and execution of Workday’s
inclusion and diversity strategy
oversees our global ethics and compliance function.
Chief Legal Officer and Vice Chair
At the executive level, our chief people officer, in partnership Executive Sponsors of ESG Steering Committee
with our chief diversity officer, is responsible for developing and
executing Workday human capital strategy, including programs ESG Steering Committee
focused on belonging and diversity and employee development, Responsible for formalizing Workday’s ESG strategy, goals, and structure
Includes representatives from Legal, Finance, and Audit functions
engagement, and well-being. These executives and our co-CEOs
regularly update our board of directors and Compensation
Committee on human capital matters and seek their input on
various ESG issues.
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
The Workday Code of Conduct. Our ethics and integrity program and efforts are overseen
by the Workday board of directors and our chief legal
The Workday Code of Conduct describes our core values, and
officer, and led by our chief integrity and compliance
the expectations for how our employees, board members, and
officer. Our employees are trained at onboarding
contractors should act when conducting business on behalf of
—and annually—on how to comply with our
Workday. Our ethics and compliance program and our Code of
Code of Conduct and other key corporate
Conduct address the importance of:
policies, as well as on the importance
• Speaking up and raising a hand when you need help or have of acting with integrity in all of our
a concern about any potential violations of our code business operations. We continuously
build awareness through regular
• Fostering a safe and inclusive workplace where everyone
communications, guidance, and
feels valued
targeted employee engagement
• Protecting privacy, confidentiality, and company property to further support our
• Acting with integrity and in an honest and ethical manner Workmates in their daily work.
To learn more, visit Workday
• Competing fairly and honestly, especially with respect to
intellectual property
Ethics and Compliance. We are proud to have been named consecutively
to Ethisphere’s 2021, 2022, and 2023 World’s Most
• Conducting business in accordance with our core values and
Ethical Companies List.
in compliance with all laws and regulations
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Security.
Our top priority is keeping our customers’ data secure. We employ
rigorous security measures across our people, processes, and
technology to protect their data, applications, and infrastructure.
Find out more about our robust security program.
Privacy.
We stay ahead of international privacy regulations by maintaining a
comprehensive global data protection program that contains robust
and up-to-date technical, administrative, and organizational safeguards.
We provide our customers with an in-depth contractual data protection
Our top priority is keeping our
commitment that sets forth our responsibilities and obligations as a customers’ data secure.
data processor. Incorporating privacy by design into our innovation
and enhanced privacy protections enables us to help customers
meet their own data protection compliance requirements, such as
the General Data Protection Regulation. Privacy by design is closely
tied to Workday core values—especially integrity, customer service,
and innovation. Find out more about our global privacy program.
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Public policy.
At Workday, trust and transparency are core to everything we do. supporting policies that advance skills-based people strategies Information technology modernization. Public sector
That’s why we advocate for policies that bolster trust in enterprise to widen talent pools and help workers and organizations thrive. organizations are increasingly looking to modernize legacy IT
software and enable growth and innovation. Our Corporate Affairs Recognizing that skills-based approaches depend on high-quality systems, and are turning to cloud technologies to help them
team works with policymakers, regulators, industry partners, and and timely data, we’re working with policymakers to modernize navigate change, address workforce challenges, and thrive.
nonprofits to advance the policy priorities below. labor data systems to provide a clearer picture of market demands, Workday collaborates with IT modernization- and procurement-
workforce-wide skills, and areas of alignment. And with Workday focused policymakers to help public sector organizations take
Privacy, data, and cloud. Workday supports strong privacy advantage of cloud transformation. And Workday works closely
uniquely positioned at the intersection of AI and the workforce,
policies that safeguard personal data and build trust in the with appropriators and individual agencies and departments to
we’re focusing policy conversations on the importance of
digital economy. In the U.S., Workday has supported the passage help unlock resources in support of IT modernization.
leveraging AI with better data as the key enabler for skills-based
of a federal privacy law that provides consistent, nationwide
approaches at scale.
protections for data. Globally, Workday advocates for the free Cybersecurity. With cybersecurity high on the agenda for
flow of data across borders through trusted, government-backed Climate policy. We support science-based climate policy and governments around the world, Workday collaborates with
certifications and contractual tools. We work with policymakers to engage directly with policymakers to drive forward meaningful lawmakers and regulators to help ensure that cybersecurity
help ensure commonsense data and cloud regulation benefits our climate action. For more information on our climate policy policies strengthen trust and security, reflect the technological
customers, while raising concerns with data localization measures engagement, see page 124. state of the art, and incorporate leading-industry best practices.
that don’t improve privacy or security.
Value Inclusion, Belonging, and Equity (VIBE™). Workday weighs
Artificial intelligence (AI) and machine learning (ML). As an in on policy issues relevant to our efforts to build a more equitable
enterprise leader in AI and ML, Workday is actively sharing our workplace and world. With employees being our number one core
expertise in AI legislative processes in the U.S., EU, Canada, value and our Workmates hailing from around the globe, Workday
and Asia. We recognize that policy plays a key role in ensuring is actively involved in immigration policy. We’re supporting reforms
that AI technologies are trusted, and we support risk-based and
interoperable regulation that mitigates potential risks while
to help ensure the U.S. can attract the best and brightest talent
from around the world, and we advocate for a permanent statutory
We advocate for
fostering beneficial AI innovation. Workday advocates for impact solution to safeguard the Deferred Action for Childhood Arrivals policies that bolster
assessments as a key accountability tool in AI policies, and (DACA) program. And Workday speaks up on other policy issues
we’re working to ensure that AI technical standards mature and that impact our Workmates, from signing the White House Equal trust in enterprise
effectively support emerging regulation. To read more about how
we support AI and ML policy, see page 83.
Pay Pledge and supporting the Respect for Marriage Act, to joining
a Supreme Court amicus brief in support of LGBTQ workers and
software and
Workforce development. As a leader in human capital
advocating for the passage of the Equality Act.
enable growth and
management, we recognize the important role policy plays in
supporting workforces and helping organizations and workers
innovation.
navigate constant change. Workday is an active participant in
workforce policy conversations in the U.S. and around the world,
Workday 2023 Global Impact Report | 82
Our ESG
Co-CEO About Solutions and Environmental People and Belonging Social
Governance Appendix
Letter Workday Customer Success Sustainability Purpose and Diversity Impact
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Governance | Integrity as a core value | Data privacy and security | Public policy | Responsible AI
Each AI and ML product is assessed for risk at the earliest stages Some of the key themes we focus on in our advocacy include: a means of jumpstarting international harmonization. In addition,
of development. Products with a potential to significantly impact our Co-President Sayan Chakraborty, in his personal capacity,
• Defining AI: AI needs to be clearly defined and distinguished
workers, economic or financial opportunities are subject to sits on the U.S. Department of Commerce’s National AI Advisory
from systems that support human decision-making and are
increased review and oversight. Workday takes a lifecycle approach Committee. We worked with U.S. congressional leaders to advocate
fully automated, especially in the context of the enterprise.
to AI and ML product development that is iterative and continuous, for a bipartisan high water mark for AI policy that embraced an
with multiple checkpoints. Each process is solution specific, as • Ensuring a Risk-Based Approach: Not all AI is the same, which impact assessment approach and continue to engage directly on
the ethical implications depend on the objective of the solution. is why regulation should begin with a risk-based approach, potential legislative proposals. At the state and local level, we are
A key aspect of this process is to identify, address, and mitigate meaning that more stringent rules should be applied to AI working with a legislative proposal that would embrace both impact
any unintended consequences that may arise in our solutions. The tools that present a higher risk of impact to key areas. assessments as well as a clear developer/deployer distinction
lifecycle approach is intended to include ongoing assessment of • Deploying Workable Accountability Tools: We favor impact in California. In addition, we’ve led engagement in New York City
these offerings as they evolve. assessments as a proven accountability technique for AI. and helped scope their new AI and hiring law with a reasonable
Shaping AI policy. While these themes reinforce consistency across our advocacy our engagements around the world, in places like Canada, the UK,
efforts, the speed or regulation and unique circumstances vary and Singapore, as our footprint grows and AI policy discussions
Our Corporate Affairs team works diligently to leverage thought
across markets. In response, we tailor our engagements to support gain traction in key markets. The AI regulatory landscape is evolving
leadership, advocacy, and partnerships to influence social and policy
harmonized frameworks and prevent international regulatory rapidly, and Workday will continue to play a constructive role in
issues, shape the business environment, and elevate Workday’s global
fragmentation. Recent examples of this work include shaping and supporting meaningful safeguards for AI that help build trust and
brand. For AI policy, this is especially true. For years, Workday has
launching the U.S. Department of Commerce’s National Institute support innovation.
helped drive forward policy discussions in the U.S., EU, UK, Canada,
and increasingly across APJ in support of meaningful AI regulation. of Standards and Technology’s AI Risk Management Framework as
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Appendix
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
This report has been prepared in reference to the GRI Universal Standards. In addition to GRI, content also has been informed by an every-other-year reexamination
of our materiality assessment, as well as other reporting frameworks, such as the Sustainability Accounting Standards Board (SASB) Technology and Communication
sector guidance, and environmental, social, and governance (ESG) rating and ranking agencies.
GENERAL DISCLOSURES
2-5 External assurance Workday engaged Apex as an independent third party to review our FY23 Greenhouse Gas (GHG) inventory and
energy consumption, and received limited assurance of its accuracy and completeness. The scope of this review,
included in this report, includes our global Scope 1 and Scope 2 (location- and market-based) GHG emissions, Scope 1
and 2 energy consumption, and Scope 3 GHG emissions related to business travel, purchased goods and services,
capital goods, and non-IT emissions from colocation data centers. At this time Workday does not seek external
assurance for the rest of our report.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
2-6 Activities, value chain, and other business relationships 2023 Form 10-K > Business
About Workday
2-8 Workers who are not employees Belonging and Diversity > Our representation and diversity at Workday
GOVERNANCE
2-9 Governance structure and composition 2023 Proxy Statement > Directors and Corporate Governance
Governance
2-10 Nomination and selection of the highest governance body 2023 Proxy Statement > Directors and Corporate Governance
Governance
2-11 Chair of the highest governance body 2023 Proxy Statement > Directors and Corporate Governance
2-12 Role of the highest governance body in overseeing the 2023 Proxy Statement > Directors and Corporate Governance
management of impacts
Governance > ESG oversight
Co-CEO letter
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
2-13 Delegation of responsibility for managing impacts 2023 Proxy Statement > Directors and Corporate Governance
2-14 Role of the highest governance body in 2023 Proxy Statement > Directors and Corporate Governance
sustainability reporting
Governance > ESG oversight
Co-CEO letter
2-15 Conflicts of interest 2023 Proxy Statement > Directors and Corporate Governance
2-16 Communication of critical concerns Critical concerns are communicated to the board as a part of the board’s risk oversight process, which is described in our
2023 Proxy Statement.
2-17 Collective knowledge of the highest governance body The board is given regular and as-needed training sessions and briefings on matters related to sustainable development.
2-18 Evaluation of the performance of the highest Critical concerns are communicated to the board as a part of the board’s risk oversight process, which is described in our
governance body 2023 Proxy Statement.
2023 Proxy Statement > Executive Compensation Philosophy, Objectives, and Design
2-20 Process to determine remuneration 2023 Proxy Statement > Our Compensation Setting Process
2-21 Annual total compensation ratio 2023 Proxy Statement > CEO Pay Ratio Disclosure
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Privacy Policy
Data Privacy
Environmental Sustainability
2-26 Mechanisms for seeking advice and raising concerns Integrity as a core value
2-27 Compliance with laws and regulations No material non-compliance violations were reported in FY23.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
AFCEA International
Cross-Border Data Forum
TECHNATION
AmCham EU
Corporate Leaders Group Europe
Tech Council Australia
AmCham Ireland
Consumer Technology Association
Sustainable Aviation Buyers Alliance
Bitkom
DIGITALEUROPE
The Danish ICT Industry Association
Business Roundtable
Future of Privacy Forum
World Economic Forum
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
STAKEHOLDER ENGAGEMENT
2-30 Collective bargaining agreements As of the end of our reporting period (FY23), none of our employees are covered by a collective bargaining agreement.
MATERIAL TOPICS
3-1 Process to determine material topics About Workday > Our priority ESG topics
3-2 List of material topics About Workday > Our priority ESG topics > ESG topic matrix
3-3 Management of material topics About Workday > Our priority ESG topics
201-1 Direct economic value generated and distributed 2023 Form 10-K > Consolidated Statements of Operations
201-2 Financial implications and other risks and opportunities Workday conducted a climate scenario analysis and risk assessment within the FY23 reporting period. Please see the
due to climate change TCFD index.
201-3 Defined benefit plan obligations and other retirement plans People and Purpose > Benefits
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
203-1 Infrastructure investments and services supported Workday is committed to the local economies in which it operates. For more information about economic investment, see
the Social Impact section of the Global Impact Report or visit the Workday Foundation site to learn more about Workday’s
$1 million investment into upskilling people for green jobs.
As part of our work to expand our operations in Ireland, we have expanded our Science, Technology, Engineering, and
Mathematics (STEM) education program, which involves 13 disadvantaged junior cycle schools for kids ages 10-12.
Workday also provides an experience program for older kids which runs in four local disadvantaged secondary schools.
Separately, we engage in literacy and basic math education for young children in local schools in programs called “Time to
Read” and “Time to Count.” Workday also hosts industry insights sessions for teachers to showcase the career pathways
within Workday and help them to engage with students on technology career options. At a college level, we partner closely
with Technological University Dublin, and in 2022, ran a Sustainability Innovation Challenge two-day hackathon event
targeting United Nations Sustainable Development Goals (UN SDG) challenges, with the 2022/23 theme being reducing
household food waste. We’ll continue to share more about our efforts to invest in and support different communities and
local economies in the future.
3-3 Management of material topic Governance > The Workday Code of Conduct
Code of Conduct
205-1 Operations assessed for risks related to corruption Ethics and Compliance
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
205-2 Communication and training about anti-corruption policies We conduct annual compliance and ethics training of our Code of Conduct for all employees. In FY23, we had
and procedures a 100% completion rate for our annual Code of Conduct training. Our Code of Conduct includes information on
our Anti‑Corruption Policy.
205-3 Confirmed incidents of corruption and actions taken Within this reporting period, Workday is not aware of any material allegations of violations or
violations of anti-corruption laws by Workday.
3-3 Management of material topic Governance > The Workday Code of Conduct
Code of Conduct
206-1 Legal actions for anti-competitive behavior, anti-trust, and Within this reporting period, Workday is not aware of any material allegations of anti-competitive behavior or violations of
monopoly practices anti‑trust or monopoly legislation by Workday.
3-3 Management of material topic Environmental Sustainability > Clean and renewable energy
302-1 Energy consumption within the organization Environmental Sustainability > Clean and renewable energy
302-2 Energy consumption outside of the organization Environmental Sustainability > Our progress
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
302-5 Reductions in energy requirements of products Environmental Sustainability > Our renewable strategy
and services
Performance Tables > Renewable energy
3-3 Management of material topic Environmental Sustainability > Managing our water footprint
303-3 Water withdrawal Environmental Sustainability > Managing our water footprint
3-3 Management of material topic Environmental Sustainability > Carbon reduction and removal
305-1 Direct (Scope 1) GHG emissions Environmental Sustainability > FY23 Workday scope breakdown
305-2 Energy indirect (Scope 2) GHG emissions Environmental Sustainability > FY23 Workday scope breakdown
305-3 Other indirect (Scope 3) GHG emissions Environmental Sustainability > FY23 Workday scope breakdown
305-4 GHG emissions intensity Environmental Sustainability > FY23 Workday scope breakdown
305-5 Reduction of GHG emissions Environmental Sustainability > Total GHG emissions over time
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
306-1 Waste generation and significant waste-related impacts Environmental Sustainability > Reducing e-waste
306-2 Management of significant waste-related impacts Environmental Sustainability > Reducing e-waste
307-1 Noncompliance with environmental laws and regulations Within this reporting period, Workday is not aware of any allegations of violations of environmental laws or regulations
by Workday and has not incurred environmental fines or sanctions during the reporting period.
3-3 Management of material topic Environmental Sustainability > Our priorities and commitments
308-1 New suppliers that were screened using Environmental Sustainability > Our priorities and commitments
environmental criteria
3-3 Management of material topic People and Purpose > Employee development
401-1 New employee hires and employee turnover Performance Tables > Annual new hire by region
401-2 Benefits provided to full-time employees that are not People and Purpose > Well-being for all
provided to temporary or part-time employees
Performance Tables > Benefits
401-3 Parental leave People and Purpose > Well-being and benefits
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
3-3 Management of material topic People and Purpose > Employee development
404-1 Average hours of training per year per employee People and Purpose > Employee development
404-2 Programs for upgrading employee skills and transition People and Purpose > Employee development
assistance programs
404-3 Percentage of employees receiving regular performance From 2021–2023, all employees received the opportunity for a regular performance and career development review. Of
and career development reviews those employees, 41.5% were women and 58.5% were men. Of the women employees, 99.7% were full-time and 0.30% were
part-time. Of the men employees, 99.9% were full-time and 0.1% were part-time.
People and Performance > Employee development > Empowering performance and growth
405-1 Diversity of governance bodies and employees Belonging and Diversity > Our representation and diversity at Workday
405-2 Ratio of basic salary and remuneration of women to men 2023 Form 10-K > Our Commitment to Pay Parity
412-2 Employee training on human rights policies or procedures Governance > Integrity
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
413-2 Operations with significant actual and potential negative Social Impact
impacts on local communities
414-1 New suppliers that were screened using social criteria Workday Supplier Diversity Program
415-1 Political contributions Workday did not make any political contributions during the reporting period.
3-3 Management of material topic Governance > Data privacy and security
418-1 Substantiated complaints concerning breaches of Governance > Data privacy and security
customer privacy and losses of customer data
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
(1) Total energy consumed, (2) percentage grid electricity, TC-SI-130a.1 Environmental Sustainability > Our progress
(3) percentage renewable
2022 CDP Climate Change, C8
(1) Total water withdrawn, (2) total water consumed, (3) percentage of each in TC-SI-130a.2 At Workday, water usage is not a primary input nor widely used in our operations;
regions with High or Extremely High Baseline Water Stress as such, our water impact is not a critical material topic. However, in the spirit
Environmental Footprint of of ongoing transparency, in FY23 we calculated our water baseline in order to
Hardware Infrastructure measure our impact and share with our stakeholders.
Discussion of the integration of environmental considerations into strategic TC-SI-130a.3 Environmental Sustainability
planning for data center needs
2022 CDP Climate Change, C2.4a, C3.3, C4.3b, 4.5a
Description of policies and practices relating to behavioral advertising TC-SI-220a.1 Governance > Data privacy and security
and user privacy
Workday Security and Data Privacy
Data Privacy and Freedom
of Expression
Workday Privacy Statement
Number of users whose information is used for secondary purposes TC-SI-220a.2 Workday Privacy Statement
Description of approach to identifying and addressing data security risks, TC-SI-230a.2 Governance > Data privacy and security
including use of third-party cybersecurity standards
Workday Security and Data Privacy
Data Security
(1) Number of data breaches, (2) percentage involving personally identifiable TC-SI-230a.1 Workday is publicly traded, and any material breach would be reported to the
information, (3) number of users affected SEC in our annual and quarterly reports.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Percentage of employees who are (1) foreign nationals and (2) located offshore TC-SI-330a.1 Belonging and Diversity > Our representation and diversity at Workday
Percentage of gender and racial/ethnic group representation for TC-SI-330a.3 Belonging and Diversity > Our representation and diversity at Workday
(1) management, (2) technical staff, and (3) all other employees
Performance Tables > Workforce breakdown
Total amount of monetary losses as a result of legal proceedings associated TC-SI-520a.1 Within the reporting period, Workday suffered no material monetary losses as a
Intellectual Property Protection with anticompetitive behavior regulations result of legal proceedings associated with anticompetitive behavior regulations.
and Competitive Behavior
Governance > Integrity
Managing Systemic Risks from Description of business continuity risks related to disruptions of operations TC-SI-550a.2 2023 Form 10-K > Risk Factors
Technology Disruptions
ACTIVITY METRIC
(1) Number of licenses or subscriptions, (2) percentage cloud-based TC-SI-000.A (1) More than 10,000 customers representing 60 million workers
(2) 100% cloud-based products
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
GOVERNANCE
Disclose the organization’s a) Describe the board’s The Workday board of directors provides oversight of our ESG program and is actively Governance > ESG oversight
governance around oversight of climate-related engaged in ESG issues important to our company and business strategy. Our Nominating GRI Index > Governance
climate-related risks risks and opportunities. and Governance Committee oversees and periodically reviews Workday policies and CDP Climate Change 2022* C1.1a, C1.1b
and opportunities. programs concerning environmental sustainability and has oversight of significant risks
related to ESG, including climate-related risks. Our Audit Committee oversees significant
climate-related financial risks.
For example, following acceptance by the Science Based Targets initiative (SBTi) in early
2022, the full board was presented with our finalized science-based targets (SBTs). Looking
ahead, the Nominating and Governance Committee will continue to be engaged as we set
up internal programs to address and achieve these targets.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Disclose the organization’s b) Describe management’s role The Workday ESG Steering Committee, with executive sponsorship from both our chief GRI Index > Governance 2-13
governance around in assessing and managing legal officer and our vice chair, reports to the board and is responsible for formalizing CDP Climate Change 2022, C1.2, C1.2a, C1.3a
climate-related risks climate-related risks Workday ESG strategy, goals, and structure. The ESG Steering Committee is composed of
and opportunities. and opportunities. leaders from Workday’s legal, finance, and internal audit functions and provides reports
to the board on progress toward the company’s ESG goals and initiatives annually and
as needed.
The ESG Steering Committee is supported by the Workday cross-functional ESG Task
Force. The ESG Task Force meets regularly and includes subject-matter experts from
across the company in environmental sustainability, diversity, equity and belonging,
talent and culture, workforce development, corporate governance and business ethics,
product innovation and customer satisfaction, privacy and data security, and responsible
AI. The Workday senior director, environmental sustainability role is focused on planning
and driving projects to reduce emissions, manage climate targets, and advance
sustainability across the company.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
STRATEGY
Disclose the actual and a) Describe the climate-related In 2023, Workday conducted a climate scenario analysis and risk assessment which Environmental Sustainability
potential impacts of risks and opportunities the modeled the potential financial impacts of three climate-related risks and one climate- CDP Climate Change 2022, C2.1a, C2.3, C2.3b, C2.4, C2.4a
climate-related risks organization has identified related opportunity under two climate scenarios. Of the three selected risks, one was a
and opportunities over the short, medium, and transition risk and the remaining two were physical climate risks:
on the organization’s long term.
businesses, strategy, TYPE AND TIME
and financial planning. CATEGORY RISK/OPPORTUNITY DESCRIPTION HORIZON
Transition Risk Unreliable electricity supply and Short
Market increased cost of renewable energy (0–2 years)
certificates may impact Workday supply
chain and increase operating costs.
Physical Risk Increased frequency and severity Short
Acute of extreme heat events may result (0–2 years)
in disruption of Workday’s data
center operations.
Physical Risk Rising mean temperatures may impact Medium
Chronic Workday operations and supply chain, (2–10 years)
including increased energy demand
as a result of increased cooling in
data centers, building on Workday’s
historic data center electricity usage
and projected cooling degree days.
Climate Delivering climate mitigation and ESG Medium
Opportunity solutions leveraging Workday or partner (2–10 years)
Products and applications may lead to increased
Services revenue as existing customers
purchase potential new climate-related
products and services.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Disclose the actual and b) Describe the impact of Climate change may impact Workday’s operations and business strategy in two ways: through Environmental Sustainability
potential impacts of climate-related risks physical impacts from increased intensity of acute weather and potential long-term chronic CDP Climate Change 2022, C2.4a, C3.1, C3.3, C3.4
climate-related risks and opportunities changes in weather patterns, and through the economic impacts of the transition to a
and opportunities on the organization’s lower-carbon economy, primarily manifesting through the cost and availability of renewable
on the organization’s businesses, strategy, electricity.
businesses, strategy, and financial planning. Workday has made substantial commitments to invest in renewable energy for its direct
and financial planning. operations and data center supply chain, and taken steps to help put us on track to a 1.5°
future and transition to a lower-carbon economy.
Our strategy includes partnering with others to advocate for increased access to and availability
of renewable energy, to implement projects to generate and source renewable energy for our
direct operations, and to incorporate energy efficiency, renewable energy, and carbon emissions
to our colocation data center vendor selection process. Some examples include:
• Workday joined several other large companies to create the Emissions First Partnership,
outlining a set of principles to update the accounting systems for GHG emissions to
accelerate grid decarbonization. See our “Accelerating climate engagement through policy”
section of our 2023 Global Impact Report.
• Workday was also one of the founding signatories to The Corporate Colocation and Cloud
Buyers’ Principles, which outlines six criteria that companies using colo-services would
like to see their providers meet, such as providing data on customer energy consumption,
disclosing facility energy sources, and supporting renewable energy advocacy efforts. See
our “Engaging with providers to increase energy efficiency” section of our 2023 Global
Impact Report.
• Workday became a founder of the Clean Energy Buyers Institute Beyond the Megawatt
Initiative, with the aim to create a resilient, equitable, and environmentally sustainable
energy system for the benefit of all by leveraging customer demands for clean energy. See
our “Industry collaborations for impact at scale” section of our 2023 Global Impact Report.
• We incorporate climate considerations in our financial planning. To achieve our
sustainability goals and create a financial incentive to make carbon-efficient business
decisions, we established an internal price on our GHG emissions. See the “Our carbon
management strategy” section of our 2023 Global Impact Report.
These initiatives are in addition to our SBTs, which align with 1.5°C across all three scopes
of emissions.
In regard to our identified opportunity, Workday has increased our focus and ecosystem investments
to help customers advance their ESG goals using Workday data and applications. Our partner-
driven solutions aim to enable leaders to collect data from across the organization, build strategy
frameworks, and help ensure the organization is audit ready. Workday products like Adaptive
Planning help customers report ESG metrics with confidence, and plan for the future. See the
“Supporting our customer’s sustainability goals” section of our 2023 Global Impact Report.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Disclose the actual and c) Describe the potential The climate scenarios Workday used in our scenario analysis exercise are those developed CDP Climate Change 2022, C3.2., C3.3, C3.4
potential impacts of impact of different scenarios, by the Intergovernmental Panel on Climate Change (IPCC) (for physical risks), the Network
climate-related risks including a 2°C scenario, for Greening the Financial System (NGFS) (for transition risks), and custom scenarios
and opportunities on the organization’s developed for climate opportunity analysis.
on the organization’s businesses, strategy,
• IPCC scenarios representing a high-emissions (SSP5-8.5) and low-emissions (SSP1-2.6)
businesses, strategy, and financial planning.
scenario: Data centers are typically designed to operate within specific temperature
and financial planning.
ranges. As outdoor temperatures increase, companies may experience increased
equipment failure, resulting in potential downtime. Extreme heat was modeled
from present day through 2050 under two climate scenarios. Additionally, as global
temperatures increase, additional energy will likely be needed to maintain the optimal
indoor temperature for data center operations. The scenarios include bookend
high‑emissions and low-emissions IPCC (SSP5-8.5 and SSP1‑2.6) scenarios and
NGFS (Current Policies and Net Zero 2050) scenarios, corresponding to physical and
transition risk, respectively.
• NGFS Current Policies and Net Zero 2050 country-level projected electricity prices:
As the world transitions to a low carbon economy, the fluctuation of electricity prices
could result in increased operating costs for companies. This model estimates projected
data center electricity costs under a high- and a low- emissions scenario, using NGFS
Current Policies and Net Zero 2050 country-level projected electricity prices. The
projected costs under the NGFS scenarios were then compared with Workday’s internal
energy cost projections available through 2028. As the world transitions to a low carbon
economy, renewable energy credits (RECs) and electricity prices could fluctuate due
to increased demand for electricity and renewable energy. Using annual electricity
consumption from the Electricity Cost portion of the model, the total quantity of RECs
needed from both Workday’s power purchase agreement (PPA) and the unbundled REC
marketplace was forecasted from present day through 2050.
• SEC transition scenarios: a 3-year transitionary period (moderate) and a 10-year
transitionary period (lenient): This model allows Workday to explore the impact of
potential new products on company revenue as the SEC transitions toward requiring
public companies to report climate‑related information. Potential future revenue was
modeled under two SEC transition scenarios: a 3-year transitionary period (moderate)
and a 10‑year transitionary period (lenient).
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
RISK MANAGEMENT
Disclose how the a) Describe the organization’s Climate risks and opportunities can have long time horizons with high uncertainty About Workday > Our priority ESG topics
organization identifies, processes for identifying regarding how policy and socioeconomic factors might emerge and develop. To begin to CDP Climate Change 2022, C2.1, C2.2g
assesses, and manages and assessing climate- explore the impact of climate-related risks and opportunities on its short-, medium- and
climate-related risks. related risks. long-term business strategy, Workday has undertaken a qualitative risk assessment and
quantitative scenario modeling analysis. This quantitative analysis involves identifying
the key climate drivers that may lead to future risks and opportunities for Workday and
then quantifying the impacts of some of the most material climate-related risks and
opportunities under low- and high-emissions climate scenarios.
In FY23, we engaged a third party to conduct a climate risk assessment based on the
Workday Enterprise Risk Management (ERM) framework and leveraging climate-related
risks and opportunities outlined by TCFD and other reporting frameworks. Workday’s risks
and opportunities were assessed drawing on public disclosures, internal documentation,
external research, and interviews with internal Workday stakeholders. Based on this
assessment, three risks and one opportunity were selected for further quantitative
scenario analysis.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Disclose how the b) Describe the organization’s In our current public-facing documents, we acknowledge risks to our business related Environmental Sustainability
organization identifies, processes for managing to climate change in our FY23 Form 10-K disclosure. Workday maintains a formal CDP Climate Change 2022, C2.1, C2.2g
assesses, and manages climate-related risks. Disaster Recovery Plan for the production environment. If the production application
climate-related risks. becomes unavailable and is expected to remain unavailable, a disaster is declared,
c) Describe how processes for and the Disaster Recovery Plan is executed. Workday also maintains a formal Business Governance > ESG oversight
identifying, assessing, and Continuity program, which provides the framework for enabling preparedness and CDP Climate Change 2022, C2.1, C2.2g
managing climate-related recoverability from disruptive events, including severe weather events, in order to
risks are integrated into continue delivery of critical business services at acceptable predefined levels.
the organization’s overall With respect to transitional risk, our Environmental Sustainability team has been leading
risk management. Workday efforts to actively track, reduce, and mitigate Workday GHG emissions for
several years. These efforts serve to reduce policy, investor, and customer-related risks
that could potentially be substantive for us if we were not proactively managing our
emissions footprint or disclosing our commitments and performance.
To address the disclosure recommendations of the TCFD framework, we have conducted
a climate scenario analysis and risk assessment to identify the risks and opportunities
posed by climate change. The climate risk and opportunity register has been shared
with the ERM team and is being folded into ERM’s enterprise risk analysis framework
and annual Enterprise Risk Assessment. This includes assessment of the risk drivers, in
this case climate events, for impact to ability to achieve Workday’s strategic objectives.
The assessment process includes impact, likelihood, preparedness, and velocity (time
horizon) scales to assess inherent and residual risk consistently across the enterprise.
Once assessed as a top enterprise risk through the outlined framework, ERM reports
the risk drivers and related information to executive leadership. A discussion is held with
leadership to confirm that mitigation strategies have been planned to address the top
risks and reduce the residual risk to an acceptable level.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
a) Disclose the metrics used We track our sustainability and climate-related metrics across our organization and Environmental Sustainability > Our priorities
by the organization to value chain. Our main focus areas are reducing our carbon emissions and investing and commitments
assess climate-related risks in renewable energy programs. We match 100% of the electricity we use at our offices Environmental Sustainability> Achieving our
and opportunities in line and data centers globally with clean, renewable sources. In FY21, we achieved net-zero science-based targets
with its strategy and risk carbon emissions across our offices, data centers, and business travel. In early 2022, our
Environmental Sustainability > Carbon reduction and
management process. ambitious science-based targets were approved by the SBTi. With this commitment, we
removal
are taking our next steps toward minimizing our impact on the planet and helping our
Environmental Sustainability > Investing in carbon
c) Describe the targets used world transition to a net-zero future by 2050. We are committed to:
removal strategies
by the organization to • annually sourcing 100% renewable electricity through FY30
manage climate-related Environmental Sustainability > Our carbon credit program
Disclose the metrics and • reducing absolute scope 3 business travel GHG emissions by 25% by FY26 from a FY20
risks and opportunities and Environmental Sustainability > Mitigating our
targets used to assess base year
performance against targets. historical emissions
and manage relevant • encouraging 70% of our suppliers by spend covering purchased goods and services and
CDP Climate Change 2022, C4.1, C4.1a, C4.2, C4.2b
climate-related risks capital goods commit to SBTs by FY26
and opportunities.
We share our metrics and progress against our targets in our 2023 Global Impact Report
and CDP Climate Change responses.
b) Disclose Scope 1, Scope 2, We share our metrics and progress against our targets in our 2023 Global Impact Report Environmental Sustainability > Carbon reduction and
and, if appropriate, Scope 3 performance tables and CDP Climate Change responses. removal
GHG emissions, and the
FY23 Scope 1 — 2,660 metric tons CO2e Environmental Sustainability > Investing in carbon removal
related risks.
FY23 Scope 2 — 60,927 metric tons CO2e strategies
FY23 Scope 3 — 245,000 metric tons CO2e Environmental Sustainability > Our carbon credit program
CDP Climate Change 2022, C6.1, C6.3, C6.4, C6.5, C6.5a, C6.10
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Performance Tables
Workforce breakdown.
Workday publishes our Global Impact Report on a biennial basis and provides annual data updates to performance tables. We have updated performance data below to include FY23 data.
Americas 220 12,741 12,961 250 11,226 11,476 174 9,577 9,751
TOTAL 301 17,763 18,064 323 15,225 15,548 218 12,531 12,749
2-8—EMPLOYMENT TYPE
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
405-1—GENDER DIVERSITY25
Women 41.8% 36.7% 41.0% 41.2% 36.6% 39.6% 40.1% 34.1% 41.0%
Men 58.2% 63.3% 59.0% 58.8% 63.4% 60.4% 59.9% 65.9% 59.0%
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
American Indian or 0.2% 0.4% 0.2% 0.2% 0.4% 0.2% 0.2% 0.3% 0.1%
Alaskan Native
Asian 32.5% 18.3% 34.6% 32.0% 17.8% 34.3% 32.2% 16.7% 34.2%
Black 4.3% 2.6% 3.8% 4.0% 2.5% 3.6% 2.8% 1.6% 2.6%
Declined to Answer 3.7% 4.5% 4.4% 3.8% 4.5% 4.8% 4.2% 3.8% 5.4%
Hispanic or Latino 5.9% 4.9% 5.0% 5.8% 4.4% 5.8% 5.1% 4.4% 5.6%
Native Hawaiian 0.5% 0.4% 0.5% 0.5% 0.4% 0.5% 0.7% 0.8% 0.6%
or Other Pacific
Islander
Two or More Races 3.2% 2.0% 3.3% 3.2% 2.3% 3.3% 3.2% 1.9% 2.3%
White 49.7% 67.0% 48.1% 50.4% 67.7% 47.5% 51.7% 70.6% 49.3%
TOTAL 46.6% 28.5% 47.4% 45.7% 27.8% 47.7% 44.2% 25.7% 45.4%
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
405-1—UNDERREPRESENTED MINORITY29
U.S.
Underrepresented 14.1% 10.3% 12.8% 13.7% 10.0% 13.4% 12.0% 9.0% 11.2%
Minority (URM)
405-1—ETHNIC DIVERSITY—CANADA25
I am a Visible 38.7% 18.2% 34.7% 31.8% 11.8% 30.4% 22.1% 6.9% 43.8%
Minority
I am not a Visible 45.3% 52.3% 52.8% 46.9% 50.0% 58.9% 45.7% 51.7% 50.0%
Minority
Decline to Answer 16.0% 29.5% 12.5% 21.3% 38.2% 10.7% 32.2% 41.4% 6.3%
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Under 30 Years Old 16.5% 0.0% 4.2% 17.7% 0.1% 4.3% 18.8% 0.0% 4.7%
30–50 Years Old 65.8% 65.8% 77.2% 61.9% 60.7% 75.4% 63.4% 68.3% 78.3%
Over 50 Years Old 17.8% 34.2% 18.6% 20.4% 39.3% 20.3% 17.9% 31.7% 17.0%
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
405-1—ETHNIC DIVERSITY—TECH26
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
405-1—ETHNIC DIVERSITY—NON-TECH26
24
Data reported as of fiscal year ending 1/31.
25
Data represents global regular employees; employees not disclosing their gender have been excluded.
26
Data represents U.S. regular employees.
27
Leadership is defined as director and above; management is defined as associate manager through senior manager.
28
Data represents all global regular employees.
Underrepresented minority (URM) is an industry term that refers to ethnic or racial groups whose populations in the workplace are disproportionate to the population in society. In the U.S., we are referring to our Alaska Native, American Indian, Black, Latinx, Native
29
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Performance Tables
Benefits
401-2—BENEFITS
U.S. IRELAND
Life Insurance X X
Disability Coverage X X
AD&D Insurance X X
Parental Leave X X
Stock Ownership X X
Time Off X X
Fitness Benefit X X
Holidays X X
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
401-2—BENEFITS
U.S. IRELAND
Commuter Benefits X X
Dental Plan X X
Vision Plan X X
Long-Term Care X
Pet Insurance X X
Leave Compensation X X
Adoption Reimbursement X X
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
401-3—PARENTAL LEAVE
C. TOTAL NUMBER OF EMPLOYEES WHO RETURNED TO WORK IN THE REPORTING PERIOD AFTER PARENTAL LEAVE ENDED32,33
D. RETURN TO WORK AND RETENTION RATES OF EMPLOYEES WHO TOOK PARENTAL LEAVE34
30
Those with multiple leave types/dates only had their most recent return counted.
31
Currently active employees only.
32
For the U.S., those who returned to work during the reporting FY was determined by their not having a U.S. New Parent Time Off Entry for 2/1 of the following FY.
For Ireland, those who returned to work during the reporting FY was determined by their actual last day of leave date sorted to the most recent date and that date not being in the following FY. Those with
33
only estimated last dates in the following FY and/or blank actual last days of leave were not included in those who have returned.
Determined by taking the count of active workers (as of 1/31) who returned from leave during the FY (i.e., FY23) and divided it by the total (active and inactive) worker counts for those who would have
34
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Performance Tables
Energy and Emissions
FY23 FY22 FY21 FY20
SCIENCE-BASED TARGETS
Achieve 100% renewable electricity through FY30 100% compared to N/A N/A N/A
100% target
Reduce business travel emissions by 25% by FY26 (FY20 base year) 65% compared to 25% N/A N/A N/A
reduction target
70% of our suppliers by spend will have SBTs by FY26 33% compared to 70% N/A N/A N/A
target
302—ENERGY
Africa 5 10 8 12
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
302—ENERGY
Energy Attribute Certificates—EACs (i.e. RECs, GOs, I-RECs) 103,689 91,481 94,812 91,544
On-site renewable electricity generation—% of total electricity consumption 0.7% 0.9% 1.2% 0.8%
Utility renewable energy tariffs—% of total electricity consumption 6.4% 0.8% 0.4% 0.1%
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
305—EMISSIONS
Data Centers (Scope 2 + Scope 3)35, 40 & Public Cloud (Scope 3)44 69,263 58,023 50,360 39,428
Offices (Scope 1, Scope 2 & Scope 3)35 8,913 6,672 5,599 7,970
Employee Commute and Remote Work (Scope 3)38 16,544 8,905 9,238 13,848
Scope 1 Diesel 6 3 3 —
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
305—EMISSIONS
Scope 3 Employee Commute and Remote Work38 16,544 8,905 9,238 13,848
Scope 3 Upstream Leased Assets—Data Centers Non-IT Electricity40 13,405 13,874 13,867 8,960
Scope 3 Market-Based: Non-IT Electricity—Data Centers and Public Cloud44 14,543 17,007 13,867 8,960
Scope 3 Location-Based: Non-IT Electricity—Data Centers and Public Cloud44 20,445 17,942 14,042 10,350
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
305—EMISSIONS
Scope 1+2+3 Offices per sq ft Office Space 0.00370 0.00289 0.00257 0.00356
Scope 2+3 Data Center and Public Cloud Emissions per Thousand $ Subscription Revenue44
Scope 2+3 Data Center Market-Based and Scope 3 Public Cloud 0.0026 0.0037 0.0037 0.0029
Scope 2 Data Center Location-Based, Scope 3 Data Center Market-Based and Scope 3 0.0124 0.0128 0.0133 0.0127
Public Cloud
Scope 3 Commute and Remote Work Emissions per Employee38 0.931 0.585 0.737 1.132
Verified Emissions Reductions (VERs) or Carbon Credits 45,000 23,100 21,000 80,035
GHG Emissions in Net-Zero Emissions Goal Boundary42 41,289 22,107 20,872 79,779
Net GHG Emissions After Offsets Within Net-Zero Emissions Goal Boundary 0 0 0 0
% of Total GHG Emissions Within Boundary Balanced by Carbon Credits 109% 104% 101% 100%
GHG Emissions Across Global Offices and Data Centers (incl. Public Cloud)43 17,249 18,874 15,375 10,787
Net GHG Emissions After Offsets Across Global Offices and Data Centers 0 0 0 0
% of Total GHG Emissions Across Global Offices and Data Centers Balanced by Carbon Credits 100% 100% 100% 100%
GHG Emissions Across Scope 1 and Scope 2 Market-Based 2,660 1,834 1,471 1,732
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
305—EMISSIONS
Net GHG Emissions After Offsets Across Scope 1 and Scope 2 Market-Based 0 0 0 0
% of Total GHG Emissions Across Scope 1 and Scope 2 Market-Based Balanced by Carbon Credits 100% 100% 100% 100%
WATER (GALLONS)47
Withdrawal 86,295,781 — — —
Discharges 49,505,961 — — —
Consumption 36,789,820 — — —
35
Scope 2 emissions are calculated using location-based methodology.
36
Business travel includes emissions from air travel, rental cars, hotels, and other transportation (e.g., rail, ferry, taxi, and rideshare).
37
Emissions intensity metrics are calculated using location-based methodology for Scope 2 emissions.
Employee commuting includes emissions from commuting to and from offices and, beginning in FY21, emissions from remote working. Remote work emissions are calculated based on a methodological approach developed and published by Anthesis Group in 2021.
38
Note: In alignment with the GHG Protocol’s guidance, remote work emissions are allocated under the same Scope 3 Category 7 Employee Commuting and considered optional (i.e., not counted toward our Scope 3 science-based targets coverage).
39
Scope 1 includes emissions from natural gas consumed in our buildings, company-operated vehicles, estimated fugitive emissions from refrigerants, and diesel fuel used in backup generators.
Emissions for colocated data centers comprised of location-based Scope 2 electricity and market-based Scope 3 non-IT electricity. Workday calculates GHG emissions from electricity consumed by its IT hardware assets housed in colocated data centers and allocates
40
these emissions to Scope 2. Workday additionally calculates GHG emissions from non-IT electricity load (e.g., electricity used in cooling systems) at colocated data centers and allocates them to Scope 3 upstream leased assets as these emissions sources are not under
Workday’s operational control.
Emissions from serviced offices are categorized as Scope 3 upstream leased assets since they are not under Workday’s operational control.
41
Net-zero carbon emissions goal boundary includes global Scope 1, Scope 2 market-based, Scope 3 market-based data center non-IT, Scope 3 business travel, Scope 3 public cloud emissions (reported to Workday via provider-specific carbon footprint tools—i.e., AWS Carbon
42
Footprint tool, Google Cloud Carbon Footprint tool), and Scope 3 serviced offices.
43
Emissions across global offices and data centers include Scope 1, Scope 2 market-based, Scope 3 market-based data center non-IT, Scope 3 serviced offices, and Scope 3 public cloud emissions (reported to Workday via provider-specific carbon footprint tools).
Public cloud emissions include the Scope 1 and 2 market-based emissions reported by our public cloud providers and allocated to Workday’s Scope 3 Purchased Goods and Services. FY22 is the first year we included public cloud emissions in the calculation as data for prior
44
Beginning in FY22, public cloud emissions were calculated via a hybrid approach that combined EEIO analysis with supplier emissions reported to Workday via provider-specific carbon footprint tools. We are in the process of requesting the complete set of emissions data
46
allocated to Workday’s operations from our public cloud providers and evaluating the applicability to our net-zero commitment.
Actual metering data was used where available, and, where not available, water withdrawals were estimated using Commercial Buildings Energy Consumption Survey data. For data centers, water use efficiency (WUE) from the provider was used, and, where not available, an
47
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Jan. 2021 U.S. Joined a letter with other large power buyers to encourage grid modernization to help accelerate decarbonization.
Apr. 2021 U.S. Joined an open letter in support of the Biden Administration’s commitment to climate action and setting a federal climate target to reduce emissions.
May 2021 U.S. Signed a letter to the Oregon State Legislature in support of a goal to eliminate GHG emissions from the state’s electricity supply by 2040.
Oct. 2021 Global Signed on to an open letter by the We Mean Business Coalition to G20 leaders ahead of COP26 urging them to take action to limit average global temperature rise to 1.5°C.
Nov. 2021 Global Signed on to an open letter from World Economic Forum calling on world leaders to step up climate action ahead of COP26.
Nov. 2021 Global Convened a session at COP26 to advocate for equitable transition.
Dec. 2021 U.S. Signed a letter to the Virginia State Assembly in support of expanding access to renewable energy to accelerate Virginia’s decarbonization efforts.
Feb. 2021 U.S. Submitted an amicus brief with other tech leaders in the Supreme Court case of West Virginia v. Environmental Protection Agency.
Apr. 2022 U.S. Joined a letter to members of U.S. Congress urging congressional action on climate and renewable energy.
Apr. 2022 Europe Joined Corporate Leaders Group (CLG) Europe as an affiliate member. CLG Europe is a leading cross-sectoral business association in the EU advocating for policing enabling
a climate neutral economy.
May 2022 U.S. Joined Ceres’ LEAD on Climate to advocate for climate legislation.
May 2022 EU Joined over 150 business leaders and organizations in signing a joint letter to the European Commission President von der Leyen to show business’s support for increased investment
in renewables, ambitious energy efficiency measures, and an inclusive and fair transition.
June 2022 U.S. Submitted comments to the SEC in support of the direction of the proposed rule on climate-related disclosures to include Scope 3 emissions with a stronger safe harbor.
June 2022 U.S. Joined a letter with other leading technology companies in response to the proposed rule on climate-related disclosures.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Aug. 2022 EU Filed comments in response to the European Financial Reporting Advisory Group’s public consultation on the European Sustainability Reporting Standards.
Sept. 2022 EU/U.S. Hosted a private roundtable with European Commission Executive Vice President for the European Green Deal Frans Timmermans convened by CLG Europe during New York Climate Week.
Nov. 2022 Global Convened a session at COP27 to advocate for harmonization of global ESG reporting standards.
Nov. 2022 Global Signed a We Mean Business COP27 letter reaffirming commitment to limit global temperature rise to 1.5°C and call on governments to strengthen their commitments and plans, and
implement them without delay.
Dec. 2022 Global Launched the Emissions First partnership with other practitioners to advocate for updated GHG emissions accounting systems to accelerate grid decarbonization and climate action.
Jan. 2023 U.S. Signed the Virginia Businesses Support Climate and Clean Energy Policies letter in support for policies that deploy clean technologies and achieve economy-wide emissions reductions.
Apr. 2023 EU Joined CLG Europe as a full member. CLG Europe is a leading cross-sectoral business association in the EU advocating for policies enabling a climate neutral economy.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Standard: VCS
3 USA
Ducks Unlimited and North Bridge Prairie Conservation
The Prairie Pothole Region (PPR) has been the breeding
grounds for 50–80% of all North American migratory
waterfowl; however, these grasslands have disappeared at a
rate and extent that exceeds that of the Amazon rainforest.
This project—part of a strategic partnership between North
Bridge Carbon and Ducks Unlimited—works with landowners,
many of whom are ranching families, to proactively protect
the landscapes of the PPR through partnerships, innovative
finance, and managed grazing. Learn more.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Americas
4 Brazil
ACRE Amazon REDD+ Avoided Unplanned Deforestation in Manoa
Deforestation in Brazil has accounted for nearly one-third of the Manoa Farm has been under threat of this agricultural conversion and timber theft.
global decline in forest cover in recent years. This portfolio of CCB In 2013, Manoa was established as a REDD+ carbon project with a 30-year crediting
Gold-rated projects protects 100,000+ hectares of pristine Amazon period in order to preserve the forest. With a focus on environmental education,
rainforest. Carbon finance supports the local families in gaining Manoa works hard to support the communities that inhabit and maintain the
formal land rights for preventing deforestation, and farmers are landscape. They direct funding from carbon credit sales toward continued support
trained in conversation-based agriculture. Learn more. of project activities, proposed improvements, and socioeconomic development
initiatives. Learn more.
Standard: VCS, CCB
Standard: VCS
Pacajá Pará
The “Fazenda Pacajá” is located on private property
in the Northeast Amazon. Started in 2017, this project
protects the native vegetation from deforestation and
degradation through sustainable forest management,
reduced impact logging, and regulated minimum cutting
cycles. In doing so, it serves as an ecological corridor,
helps fund community services, and provides alternative
income opportunities through the sustainable use of
natural resources and forest by-products. The project
currently serves five local communities, but plans to
gradually expand to include thirteen. Learn more.
Standard: VCS
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Asia 5 China
Three Rivers Grassland Reforestation Karst Mountain Afforestation Black River Afforestation
The plateau region of the Yangtze, Yellow, and Lancang rivers has Since 2000, China has lost over 10 million hectares This project restores over 23,000 hectares
suffered grassland degradation over the past few decades due of tree cover according to Global Forest Watch. of degraded land in the Gansu province
to overgrazing and warming. This project removes carbon from This project restores degraded lands and connects along the valleys of the Heihe (Black River).
5 the atmosphere by restoring the plateau’s degraded grasslands. existing forests, providing corridors for wildlife and The planting of native trees will help create
Located in the central Chinese province of Qinghai, this project enhancing the local biodiversity in southwestern connections between existing forests and
7
8 China. Over 70,000 hectares across two project provide corridors of wildlife habitat for a
is restoring over 160,000 hectares of degraded grasslands by
6 seeding three species of native grass. Learn more. areas are being planted. Learn more. positive impact on biodiversity in addition
to removing carbon emissions. Learn more.
Standard: VCS, CCB Standard: Gold Standard, CCB
Standard: VCS, CCB
Danjiang River Solar Cookers Planting Native Species in Guizhou Rural Clean Cooking Sichuan Household Biodigesters
The Danjiang River Solar Cookers are designed The Huadu Afforestation project plants This project brings a clean cooking solution to Hundreds of thousands of biodigester
to improve the indoor air quality and living native species on barren lands to help with rural homes in the Guizhou Province in Southern tanks that convert animal waste into clean
conditions of 100,000 rural households in GHG removal. Prior to the project, no natural China through the construction of biodigesters. In biogas for cooking have been installed
the southwest of Henan Province, one of the renewal or reforestation was taking place. The total, over 18,500 backyard biodigesters have been across Sichuan. By switching to biogas,
poorer regions in China. The cookers consist of project’s activity has provided 25,615 jobs for built and in the process, new skills were shared each household saves around two tCO2e of
a 1.7m2 parabolic dish that concentrates solar local villagers—60% of whom are women— with the communities on building and maintaining methane and carbon dioxide emissions each
energy onto a central cooking pot and provides and its implementation is expected to remove them. Learn more. year. In addition to eliminating indoor smoke,
sufficient heat for cooking the local staple 21,072,163 tCO2e of GHG emissions over each tank also produces organic fertilizer for
Standard: Gold Standard
food of rice. Its design is ideal for the local diet 30 years, with an average annual removal of the farmer’s crops. Learn more.
and climatic conditions, with ample sunshine 702,405 tCO2e. Standard: CDM, Gold Standard
throughout the year. The cooker displaces Standard: VCS
traditional and inefficient coal-fired cooking
stoves, significantly reducing fuel consumption
and indoor air pollution. Learn more.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Asia
6 Indonesia
Katingan Peatland Conservation REDD+ Borneo Peatlands
Tropical peatlands support the storage of massive amounts of carbon, with stocks The Borneo Peatlands project is one of the largest intact peat
below the ground making up to 20 times the amount stored in trees and vegetation. swamp forests in Indonesia. This rare piece of land is at significant
Located in Kalimantan, this project protects nearly 150,000 hectares of peatland risk of conversion to industrial timber plantations, as well as illegal
ecosystems. It is surrounded by villages for which it supports traditional livelihoods deforestation for pulpwood. The project seeks to collaborate with local
including farming, fishing, and non-timber forest harvesting projects. Learn more. communities to protect and restore this critical ecosystem through
education, alternative livelihood financing, and robust monitoring
Standard: VCS, CCB, SD VISta
regimes. All benefits are long-lasting and are passed on to local
communities, the region, and the wider state of Indonesia. The team has
partnered with 34 villages in the surrounding area, supporting traditional
livelihoods including farming, fishing, and non-timber forest products
harvesting. Learn more.
Standard: VCS
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Asia
7 India
Solar Water Heating Tamil Nadu Reforestation
As heating water is a major energy use for households, Integrating reforestation to sequester carbon with
this project brings clean and reliable energy to homes and community development activities, this community project
companies in India, enabling solar energy to scale and based in Tamil Nadu combines hundreds of individual tree
thus avoiding further investment in fossil fuels. Carbon planting activities and enables communities to improve
finance lowers the cost of adoption for both households and access to food while creating opportunities for additional
businesses to buy solar water heaters. Learn more. income. Learn more.
Standard: Gold Standard, CDM Standard: VCS, CCB
Standard: CDM
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
12 Kenya 13 Uganda
SunCulture Solar Water Pumps KOKO Kenya Tropical Forest Protection Bukaleba Reforestation
Africa’s smallholder farmers have a leading role to play in climate KOKO is driving a national-scale energy transition from The Bukaleba Forest Project contributes to the fight against
resilience as guardians of natural assets and pioneers of climate-smart deforestation-causing charcoal to sustainable bioethanol climate change and deforestation in Uganda through the
agricultural practices. Currently, they must resort to cheap fuel pumps to cooking fuel, delivered through dense networks of self-service reforestation of more than 5,000 ha of previously degraded
adapt to the unpredictable climate. As Africa’s first solar irrigation carbon KOKO Fuel ATMs that provide convenient access to ultra- forest reserve around the Mayuge District, along the shores
project, SunCulture uses the power of the sun to drive climate resilience, clean fuel at a price that significantly undercuts charcoal. Over of Lake Victoria. The project’s activities support 17 villages,
mitigation, and adaptation. The purchase of carbon credits helps enable 2.5 million Kenyans now benefit from cooking with KOKO Fuel, covering more than 5,000 households and providing direct and
this by lowering the cost of solar irrigation to a price below existing diesel including ~30% of all homes in Nairobi. Learn more. indirect employment to more than 600 people.
and petrol water pumps. Without the SunCulture systems, farmers would Standard: Gold Standard Standard: VCS
continue using harmful CO2-emitting fuel pumps. Learn more.
Standard: VCS
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Topic Glossary
TOPIC DEFINITION SDG ALIGNMENT
Oversight and management of Workday’s potential environmental risks related to the impacts of climate change on its business and its ability to mitigate #13
Climate Change Risk
climate change risk.
Programs to engage and give back to the local communities where Workday operates. Includes seeking and integrating community feedback, philanthropy, #4, #8, #11
Community Engagement
volunteerism, disaster response, and supporting employee charitable investments of time and money.
Corporate Governance Practices related to corporate governance and operating ethically and with integrity. Includes core values, code of conduct, and governance structure. #8
and Business Ethics
Programs and policies related to hiring, developing, and retaining a diverse global workforce; providing fair treatment and access to equal opportunities #5, #10
Diversity, Equity, and and advancement; and encouraging a culture of belonging. The diverse global workforce includes, but is not limited to, people of different genders, races,
Belonging ethnicities, abilities and disabilities, religions, cultures, ages, and sexual orientations, and people with diverse backgrounds, experiences, skills, and
expertise. Also includes Workday’s ability to serve a diverse customer set so they too can build a more diverse workforce through use of Workday’s products.
Employee Health and Programs, policies, and efforts to safeguard employee health and wellness (physical, emotional, and mental), in their day-to-day experiences, as well as #3, #8
Well-being during emergencies and disasters.
Efforts to measure, manage, and minimize energy use and the resulting GHG emissions across the value chain. Includes direct and indirect energy #7, #13
Energy and Carbon
consumption, utilizing renewable energy sources where possible, energy-efficient building practices, reducing the impacts of Workday’s IT operations,
Emissions
efforts to minimize the environmental impacts of transporting employees, and initiatives to reduce value chain (Scope 3) emissions.
Related to a range of human rights issues. Includes nondiscrimination, child labor, forced labor, indigenous rights, freedom of association, and #5, #8
Human and Labor Rights
collective bargaining.
IP Protection and Oversight and management of intellectual property protection and legal proceedings associated with anticompetitive behavior. This may also include #16
Competitive Behavior societal reactions and considerations related to IP practices (e.g. impeding innovation or limiting the effects of market competition).
Programs, policies, and efforts to safeguard customers’ and employees’ sensitive business information and data. Includes initiatives to maintain rigorous #9
Privacy and Data Security
data-security standards to prevent unauthorized data disclosures.
GRI | SASB | TCFD | Performance tables | Carbon credit map | Topic glossary
Workday is evaluated on its efforts to continually innovate, creating and improving its suite of products to attract, retain, and serve its customers’ business #16, #9
Product Innovation and
needs now and in the future. There is an emphasis on creating products that are easy to use, accessible for a diverse audience group, and inclusive. This
Customer Satisfaction
topic also includes programs related to customer satisfaction, including customer service, product stewardship, and general customer relationship.
Public Policy Participation in public policy development. Includes lobbying efforts and political contributions. #16
Practice of using artificial intelligence (AI) with good intention to empower employees and businesses—and fairly impact customers and society—allowing #9
Responsible AI
companies to engender trust and scale AI with confidence.
Supply Chain Efforts to manage the carbon intensity and environmental impact of products, including the carbon footprint of product supply chains and the #12
Management product use phase.
Initiatives related to employee satisfaction, talent retention, and company culture. Includes employee compensation, benefits, performance review #8
Talent and Culture
practices, employee recognition, quality of work environment, culture and values, and commitment to work-life balance.
Waste Management Efforts and initiatives to minimize solid waste and e-waste, and increase e-waste and solid waste recycling and diversion from landfills. #12
Efforts and initiatives to minimize water use. Includes methods used to evaluate the water intensity of operations, the water stress in areas of operation, #12
Water Management
and efforts to manage water-related risks and opportunities.
Managing the evolution and development of our workforce, inclusive of training, capabilities, resources, performance management, and career endings due #5, #8, #10
Workforce Development to retirement or termination. Also includes initiatives to enhance the workforce by providing candidates from diverse and/or nontraditional backgrounds
with training, internships, and job opportunities.
In light of these risks, uncertainties, assumptions, and potential changes in circumstances, the future events, conditions, and trends discussed in this report may not
occur and actual results could differ materially and adversely from those anticipated or implied by the forward-looking statements. Accordingly, you should not rely upon
any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results,
levels of activities, performance, or achievements. We are under no duty to update any of these forward-looking statements after the date of this report or to conform these
statements to actual results or revised expectations, except as required by applicable law. If we do update any forward-looking statements, no inference should be drawn
that we will make additional updates with respect to those or other forward-looking statements. The contents of the various websites referenced throughout this report are
not incorporated by reference and do not constitute a part of any filing we have made or will make with the SEC. Further, we undertake no obligation to revise or update the
information included in the links to websites referenced throughout this report.
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