Asana

Asana logo

Asana, Inc. is an American software company that provides a web and mobile work management platform designed to help teams organize, track, and manage their work.

Positive signals

Asana reported record multi-year deals and delivered $15.9 million in operating cash flow and $12.8 million in free cash flow in Q2 FY2025, indicating financial stability that supports long-term ESG initiatives.

Asana achieved a strong ESG Risk Rating from Sustainalytics, ranking 388th out of 942 companies in the Software & Services industry group and 4,339th out of 14,675 globally as of May 2025, indicating relatively low ESG risk exposure compared to peers.

Asana was recognized as a Leader in Collaborative Work Management Tools in The Forrester Wave Q2 2025 evaluation, receiving the highest score in the Strategy category and top marks for vision, innovation, and usability, reflecting strong governance and product responsibility.

Asana’s cloud-based SaaS model inherently reduces the need for physical infrastructure, contributing to lower resource usage and environmental impact compared to traditional software deployment models, as noted in its industry profile by Sustainalytics.

Asana publicly discloses its ESG performance and carbon neutrality statements, including an FY24 ESG Report and compliance with California AB 1305 carbon neutrality requirements, demonstrating transparency and commitment to environmental responsibility.

Concerns

Asana’s ESG risk ranking by Sustainalytics places it in the upper half of the global universe (4,339th out of 14,675), indicating moderate exposure to material ESG risks relative to global peers.

There is limited independent third-party reporting on Asana’s labor practices, diversity, or human rights performance, raising concerns about transparency and external verification of social impact claims.

There are no documented major environmental incidents, regulatory violations, or lawsuits involving Asana in the 2022-2025 period, but the absence of such data may reflect limited external monitoring rather than a confirmed clean record.

No recent independent investigations or regulatory filings were found regarding Asana’s board diversity, executive compensation, or governance controversies, suggesting a lack of external scrutiny in these governance areas.

Asana’s ESG disclosures and carbon neutrality statements are primarily self-reported, with limited evidence of third-party verification or external audits for environmental claims, which may affect credibility.