Today marks the launch of Meta’s second annual Responsible Business Practices Report, offering a detailed look at its progress in addressing social and environmental priorities, as well as efforts to create sustainable value for customers, employees, investors, and other stakeholders.
Meta organizes its responsible business approach around key pillars that enable sustainable impact: operating transparently and sustainably, building responsibly, and empowering people and partners. The 2024 Responsible Business Practices Report, using 2023 data, details progress in these pillars.
This year’s report was prepared in reference to the Global Reporting Initiative (GRI) standards and informed by the Sustainability Accounting Standards Board (SASB), Internet and Media Services Industry Standards, the United Nations Global Compact, and the Task Force for Climate-related Financial Disclosures (TCFD).
Emerging technologies like artificial intelligence (AI) and the metaverse represent Meta's long-term bets on the future. In 2023, these technological pathways began to intersect in products, apps, and services that help bring the metaverse to life. This year’s report highlights efforts to develop these and other technologies responsibly with a focus on open-source innovation.
In 2023, Meta made strides toward its goal of building general intelligence accessible to all by releasing Llama, a collection of open-source LLMs. "We believe access to cutting-edge AI can unlock potential for individuals around the world," states Meta's report. The models have been downloaded more than 170 million times since release.
The theme of this year’s report is unlocking potential. It provides insights centered on creating positive change through open operations, app development, and employee and partner relationships.
Highlights include:
- Providing access to cutting-edge AI through Llama
- Launching the AI Alliance with over 50 companies
- Expanding parental supervision tools globally
- Providing infrastructure for Lantern
- Becoming founding members of Take It Down
- Completing a Human Rights Salient Risk Assessment
- Maintaining net zero in global operations
- Building a diverse workforce
Meta's Responsible Business Practices Report is supplemented by in-depth reports on human rights, sustainability, and transparency. Today also sees the launch of Meta's third annual Human Rights Report. In August, Meta published its annual Sustainability Report outlining progress toward net zero climate goals. Regular transparency reports are also published to provide visibility into policy enforcement and data protection practices.
The full Responsible Business Practices Report is available for those interested in learning more about responsible business practices at Meta.
