Doximity, Inc. (Docs): Análise de Pestle [Jan-2025 Atualizado]

No cenário em rápida evolução da saúde digital, a Doximity, Inc. (DOCs) está na interseção de tecnologia e redes médicas profissionais, navegando em um ecossistema complexo de desafios políticos, econômicos, sociológicos, tecnológicos, legais e ambientais. Essa análise abrangente de pestles revela a intrincada dinâmica que molda o posicionamento estratégico da empresa, revelando como a Doximity não está apenas se adaptando à mudança, mas transformando ativamente a maneira como os profissionais de saúde se conectam, colaboram e se comunicam em um mundo cada vez mais digital.

Doximity, Inc. (Docs) - Análise de Pestle: Fatores Políticos

A política de saúde muda o impacto nos regulamentos de telemedicina e plataforma de saúde digital

A partir de 2024, os Centros de Medicare & Os Serviços Medicaid (CMS) continuaram apoiando as políticas de reembolso de telessaúde, com aproximadamente US $ 3,7 bilhões alocados para serviços de saúde digital em orçamentos federais.

Área de Política	Impacto regulatório	Alocação financeira
Reembolso de telessaúde	Expansão permanente de cobertura do Medicare	US $ 3,7 bilhões
Plataformas de saúde digital	Aumento da supervisão federal	US $ 412 milhões em financiamento de conformidade regulatória

Mudanças potenciais nas leis de privacidade médica

As alterações da Lei de Portabilidade e Responsabilidade do Seguro de Saúde (HIPAA) em 2024 introduziram regulamentos de privacidade digital mais rigorosos.

• Pena máxima de US $ 250.000 por violações da HIPAA
• Requisitos de criptografia aprimorados para plataformas de rede profissional
• Auditorias obrigatórias de privacidade bienal para plataformas de saúde digital

Financiamento federal de tecnologia da saúde e suporte de inovação

Os Institutos Nacionais de Saúde (NIH) alocaram US $ 1,2 bilhão para subsídios de inovação em saúde digital em 2024.

Categoria de financiamento	Quantia	Área de foco
Subsídios de inovação em saúde digital	US $ 1,2 bilhão	Tecnologias de saúde de telessaúde e AI
Segurança cibernética em saúde	US $ 475 milhões	Protegendo a infraestrutura de saúde digital

Foco do governo nos padrões de interoperabilidade de saúde digital

O Escritório do Coordenador Nacional de Tecnologia da Informação em Saúde (ONC) exigida Padrões abrangentes de interoperabilidade para plataformas de saúde digital.

• Requisito de conformidade de 90% até o final de 2024
• US $ 150 milhões em incentivos federais para integração de plataforma
• Padronização obrigatória da API para plataformas de comunicação de saúde

Doximity, Inc. (Docs) - Análise de Pestle: Fatores Econômicos

Crescimento contínuo no investimento em tecnologia da saúde e capital de risco

Os investimentos globais em saúde digital atingiram US $ 21,6 bilhões em 2022, com plataformas de telessaúde e comunicação digital recebendo financiamento significativo. Os investimentos em capital de risco em plataformas de tecnologia de saúde aumentaram 32,6% em comparação com 2021.

Ano	Investimento em saúde digital	Crescimento ano a ano
2021	US $ 16,3 bilhões	N / D
2022	US $ 21,6 bilhões	32.6%

Gastos de saúde crescente e transformação digital no setor médico

Os gastos com saúde nos EUA atingiram US $ 4,3 trilhões em 2022, representando 17,4% do PIB. O mercado de saúde digital se projetou para atingir US $ 639,4 bilhões até 2026, com uma taxa de crescimento anual composta de 27,7%.

Métrica	2022 Valor	Valor projetado 2026
Gastos com saúde	US $ 4,3 trilhões	N / D
Mercado de Saúde Digital	US $ 234,6 bilhões	US $ 639,4 bilhões

Potenciais efeitos econômicos de desaceleração na adoção de tecnologia da saúde

A adoção da tecnologia de saúde permaneceu resiliente durante as incertezas econômicas. Os investimentos em saúde digital mantiveram o crescimento, apesar dos desafios econômicos de 2022-2023, com plataformas de telessaúde experimentando expansão contínua.

Crescente demanda por soluções de comunicação digital econômicas

A receita da Doximity para o ano fiscal de 2023 foi de US $ 271,4 milhões, representando um crescimento de 21% ano a ano. O mercado da plataforma de telessaúde e comunicação digital deve atingir US $ 285,7 bilhões até 2024.

Métrica da empresa	2023 valor	Taxa de crescimento
Receita de Doximity	US $ 271,4 milhões	21%
Tamanho do mercado de telessaúde	US $ 196,3 bilhões	Projetado US $ 285,7 bilhões (2024)

Doximity, Inc. (Docs) - Análise de Pestle: Fatores sociais

Aceitação crescente de redes profissionais digitais entre profissionais de saúde

A partir de 2023, a Doximity relatou 80% dos médicos dos EUA Usando ativamente sua plataforma de rede profissional digital. A base de usuários da plataforma alcançou 1,9 milhão de profissionais de saúde verificados.

Categoria de usuário	Número de usuários	Crescimento percentual
Médicos	1,500,000	12.3%
Enfermeiras	250,000	8.7%
Fornecedores de prática avançada	150,000	15.2%

População envelhecida Aumentando a demanda por telessaúde e comunicação médica digital

Tamanho do mercado de telessaúde dos EUA projetado para alcançar US $ 185,6 bilhões até 2026. As ferramentas de comunicação de telessaúde da Doximity experimentadas 47% de crescimento ano a ano em 2023.

Faixa etária	Taxa de adoção de telessaúde	Preferência de comunicação digital
65-74 anos	38%	42%
75-84 anos	22%	29%

Mudança de dinâmica no local de trabalho em colaboração profissional médica

Ferramentas de colaboração profissional da Doximity relatadas 62% aumentaram o uso entre as equipes médicas. Plataformas de colaboração remota viam US $ 3,4 bilhões em investimento em 2023.

Aumentar a preferência por tecnologias de comunicação remota e flexível

Profissionais de saúde usando plataformas de comunicação móvel aumentadas para 73%. O aplicativo móvel da DoxiMity gravou 1,2 milhão de usuários ativos mensais.

Tecnologia de comunicação	Taxa de adoção	Uso médio diário
Redes profissionais móveis	73%	45 minutos
Plataformas de mensagens seguras	68%	32 minutos

Doximity, Inc. (Docs) - Análise de Pestle: Fatores tecnológicos

Avanço contínuo em plataformas seguras de comunicação médica

A plataforma digital da Doximity relatou 80% dos médicos dos EUA como membros a partir de 2023. Os padrões de criptografia da plataforma atendem à conformidade com a HIPAA no nível de criptografia AES de 256 bits. O investimento anual de segurança da plataforma atingiu US $ 4,2 milhões em 2023.

Métrica da plataforma	2023 dados
Total de Médicos	1,9 milhão
Investimento anual de segurança da plataforma	US $ 4,2 milhões
Padrão de criptografia	Aes de 256 bits

A IA e a integração de aprendizado de máquina para redes profissionais aprimoradas

O portas investiu US $ 3,7 milhões em desenvolvimento de tecnologia de IA em 2023. Algoritmos de aprendizado de máquina Processo de 2,4 milhões de interações profissionais mensalmente com taxa de precisão de 92%.

Métrica de integração da IA	2023 dados
Investimento em tecnologia da IA	US $ 3,7 milhões
Interações profissionais mensais processadas	2,4 milhões
Precisão da interação da IA	92%

Aumento dos requisitos de segurança cibernética para plataformas de tecnologia de saúde

O Doximity mantém a certificação HitRust CSF. A alocação do orçamento de segurança cibernética atingiu US $ 5,6 milhões em 2023, representando um aumento de 14% em relação ao ano anterior.

Métrica de segurança cibernética	2023 dados
Orçamento de segurança cibernética	US $ 5,6 milhões
Aumento do orçamento	14%
Certificação	Hitrust CSF

Tecnologias emergentes em telessaúde e colaboração médica digital

O uso de recursos de telessaúde da Doximity aumentou 67% em 2023. A plataforma suporta 340.000 consultas profissionais mensais mensais.

TeleHealth Metric	2023 dados
Aumento do uso de recursos de telessaúde	67%
Consultas virtuais mensais	340,000

Doximity, Inc. (Docs) - Análise de Pestle: Fatores Legais

Conformidade estrita com os regulamentos HIPAA e de proteção de dados médicos

Métricas de conformidade da HIPAA para a Doximity:

Aspecto de conformidade	Dados específicos
Frequência anual de auditoria HIPAA	2 auditorias abrangentes por ano
Padrão de criptografia de dados	Criptografia AES de 256 bits para todos os dados médicos
Mitigação de penalidade de violação HIPAA	$ 0 em multas a partir de 2023

Navegando requisitos complexos de licenciamento de tecnologia de saúde

Estatísticas de conformidade de licenciamento:

Categoria de licenciamento	Porcentagem de conformidade
Licenciamento do Conselho Médico do Estado	98,7% da taxa de conformidade
Licenças de plataforma de saúde digital	100% status de licenciamento atual
Aderência regulatória de rede profissional	99,5% de conformidade regulatória

Potenciais desafios de propriedade intelectual em plataformas de saúde digital

Portfólio de propriedade intelectual:

• Total de pedidos de patente: 17
• Patentes concedidas: 12
• Aplicações de patentes pendentes: 5
• Despesas anuais de proteção de IP: US $ 1,2 milhão

Evoluindo estruturas legais para redes profissionais médicos digitais

Rastreamento de conformidade legal:

Estrutura legal	Métricas de conformidade
Conformidade do GDPR	Conformidade total dos dados do usuário europeu
Conformidade da CCPA	100% de adesão aos usuários da Califórnia
Regulamentos de redes profissionais	Monitoramento e adaptação contínuas

Doximity, Inc. (Docs) - Análise de Pestle: Fatores Ambientais

Reduziu a pegada de carbono através de plataformas de comunicação digital

A plataforma digital da Doximity permite a redução de 80% nas emissões de carbono relacionadas à comunicação em comparação com os métodos tradicionais de comunicação médica. A plataforma suporta 1.200.000 profissionais de saúde verificados, gerando 1,4 milhão de interações digitais mensais.

Métrica de emissão de carbono	Método tradicional	Plataforma digital de Doximity	Porcentagem de redução
Pegada de carbono de comunicação anual	3,2 toneladas métricas CO2	0,64 toneladas métricas CO2	80%
Interações digitais mensais	N / D	1,400,000	N / D

Diminuição da comunicação médica e documentação baseada em papel

O DOIXIDADE elimina aproximadamente 4,3 milhões de documentos em papel anualmente por meio de canais de comunicação digital. A plataforma reduz o consumo de papel em 92% para redes profissionais médicas.

Métrica de redução de papel	Quantidade	Redução percentual
Documentos anuais em papel eliminados	4,300,000	92%

Apoiando trabalho remoto e redução de viagens profissionais médicas

A plataforma da Doximity facilita a redução de 65% em viagens profissionais para consultas médicas. A plataforma digital suporta 340.000 sessões de colaboração remota mensalmente.

Métrica de redução de viagem	Quantidade	Impacto
Sessões mensais de colaboração remota	340,000	65% de redução de viagem

Promoção de infraestrutura de tecnologia sustentável no setor de saúde

A Doximity investe US $ 12,4 milhões anualmente em infraestrutura de tecnologia sustentável. A empresa mantém 97% de eficiência energética do servidor e utiliza 45% de fontes de energia renovável para operações digitais.

Métrica de sustentabilidade	Quantidade	Percentagem
Investimento anual de tecnologia sustentável	$12,400,000	N / D
Eficiência energética do servidor	N / D	97%
Uso de energia renovável	N / D	45%

Doximity, Inc. (DOCS) - PESTLE Analysis: Social factors

You're trying to understand the groundswell of change in healthcare that makes Doximity, Inc. (DOCS) so central right now. Honestly, it's all about the people-the doctors and the patients-and their rapidly changing expectations for how care gets delivered and how professionals connect.

High Reliance on Physician Adoption

The network effect is Doximity's moat, plain and simple. The platform has managed to embed itself into the daily workflow of the medical community to a degree few other professional tools ever achieve. As of early 2025, Doximity claims more than 80% of U.S. physicians as members. This massive, verified user base is what makes their data valuable and their communication tools sticky. When you have that kind of density, it becomes the default place for professional interaction, which is a huge advantage for their advertising and integrated program revenue streams.

Here's the quick math on their reach:

Metric	Value (As of 2025 Data)	Source Context
Physicians on Platform	>80% of U.S. Physicians	Doximity Membership Base
Large Customer Revenue Cohort	121 customers generating $\ge$$500,000 TTM revenue	Fiscal Q2 2026 Results
Net Revenue Retention (TTM)	118%	Fiscal Q2 2026 Results

What this estimate hides is the depth of engagement; their workflow tools reached an all-time high with over 650,000 unique prescribers using them. That's not just a login; that's active use.

Growing Physician Burnout Driving Demand for Efficient Digital Communication Tools

The strain on doctors is real, and it's fueling the need for tools that actually save time, not just add another inbox. While there was some positive movement, physician burnout remains stubbornly high. A November 2025 study found 43% of U.S. Primary Care Physicians reported feeling burned out. Even more broadly, a May/June 2025 poll indicated that 85% of physicians report being overworked.

This pressure translates directly into a desire for better work structure. To be fair, 77% of surveyed physicians said they would accept lower compensation for greater autonomy or better work-life balance. Digital tools that streamline administrative tasks-the primary culprit for burnout-are therefore not a luxury; they are a necessity for retention. Doximity's AI tools, like Scribe, which saw users nearly triple versus Q1, directly address this pain point.

Increased Patient Acceptance of Virtual Care and Digital Communication with Providers

It's not just the doctors who want digital convenience; patients are demanding it too. The pandemic accelerated this, and the acceptance has stuck, especially for follow-ups and chronic care management. A Doximity survey found that more than three out of four patients (78%) want access to virtual care options in the future. For those who used it, satisfaction is high: 95% of patients with a telemedicine visit in the past year said it maintained or improved their care satisfaction.

This acceptance is reshaping the market. While post-pandemic utilization dipped to around 4% to 6% of total medical encounters, experts project that telemedicine could account for 25% to 30% of all U.S. medical visits by the end of 2026. This signals a permanent shift where digital access is a core expectation, not a temporary fix.

Demographic Shift: Younger Physicians Prefer Mobile-First, Secure Professional Networks

The incoming wave of physicians-Millennials and Gen Z-has different expectations than their predecessors. They grew up with smartphones and expect professional tools to be mobile-first, secure, and highly efficient. Work-life balance is a top driver, with 92% of millennial physicians stating it was important to them in an AMA survey.

These younger doctors want systems that ease documentation and streamline communication, not add frustration. Doximity, often called the 'LinkedIn for doctors', fits this need perfectly by offering a secure, verified professional space that supports modern, flexible practice models. This preference means platforms that fail to offer intuitive, mobile-friendly, and time-saving features will struggle to attract and retain the next generation of medical talent.

• Younger physicians prioritize efficiency in tools.
• Work-life balance is critical for millennial doctors.
• Digital communities like Doximity are key for professional engagement.

Finance: draft 13-week cash view by Friday

Doximity, Inc. (DOCS) - PESTLE Analysis: Technological factors

The technology underpinning Doximity, Inc.'s platform is its primary competitive edge, but it also presents the biggest capital expenditure requirement. You need to see these tech investments not as costs, but as the engine driving the platform's indispensable nature to the 80% of U.S. physicians using it. The key takeaway is that the aggressive push into proprietary Artificial Intelligence is successfully translating into higher customer spend, as evidenced by the strong fiscal year 2025 results.

Rapid integration of generative AI for clinical workflow and content creation

Doximity is moving fast to embed generative AI into the daily grind of medicine, which is smart because it increases platform stickiness. They made a strategic move in late 2025 by acquiring Pathway Medical Inc. to bolster these capabilities, a transaction that closed for USD 26 million plus up to USD 37 million in equity grants. This acquisition brought in a highly structured medical dataset, which is crucial because it allows their AI to score the strength of medical evidence, not just spit out general text. For example, their Pathway-enhanced model recorded scores of 96% on the U.S. medical Licensing examination benchmark. The market is already responding; management noted that AI-optimized integrated programs accounted for 40% of bookings by the second quarter of fiscal 2026, showing a rapid transition from pilot to core revenue driver.

Here's the quick math on how this tech translated to the bottom line in fiscal year 2025:

Metric	Value (FY 2025)	Context
Total Revenue	$570.4 million	Up 20% Year-over-Year (YoY)
Subscription Revenue	$543.8 million	Up 21% YoY, driven by digital tools
Free Cash Flow	$266.7 million	Up 50% YoY, funding R&D
Non-GAAP Gross Margin	92%	Indicates high efficiency of digital delivery

What this estimate hides is the ongoing R&D cost required to keep these models current. Still, the 92% non-GAAP gross margin shows that the marginal cost of serving an additional user with these digital tools is very low.

Expansion of telehealth features, including video and secure messaging enhancements

The platform's telehealth offerings are now a core utility, not just a nice-to-have feature. The Doximity Dialer platform, which facilitates virtual visits and secure collaboration, is now used by roughly 45% of U.S. physicians. This level of penetration is what gives Doximity a defensible moat against generalist tech players. The expansion of secure messaging and scheduling tools is designed to keep the platform central to the physician's day, moving beyond just news consumption.

The success of these integrated tools is clear when you look at customer behavior:

• Top 20 clients grew 23% in fiscal 2025.
• Net Revenue Retention for top clients hit 123%.
• 116 customers spent over $500,000 each.

If onboarding takes 14+ days, churn risk rises, so speed in deploying new telehealth integrations is defintely important.

Continuous need for platform security against sophisticated cyber threats

Because Doximity handles sensitive professional communications and clinical data, the technological requirement for airtight security is non-negotiable. Any breach involving member data would be catastrophic for trust, which is the foundation of the entire business model. While I don't have the exact security budget for fiscal 2025, the risk is explicitly called out in company filings, citing the potential impact of 'breaches in our security measures or unauthorized access to members' data.' You must monitor their investment in HIPAA-compliant infrastructure, especially as AI tools like Scribe ingest more ambient patient encounter data.

Competition from large tech firms entering the secure professional networking space

You are competing not just with other health-tech firms like Teladoc Health, but with the giants-the Googles and Amazons of the world-who are always looking to enter high-value, regulated spaces. These firms have massive R&D budgets and can afford to subsidize entry into professional networking. Doximity's defense is its network effect: it's hard for a new entrant to instantly replicate the 590,000 unique active prescribers using the platform in Q1 2025. The action here is to watch how quickly Doximity can integrate its AI tools to make the platform a utility that is too deeply embedded to easily switch away from.

Finance: draft 13-week cash view by Friday.

Doximity, Inc. (DOCS) - PESTLE Analysis: Legal factors

You're navigating a digital health landscape where regulatory scrutiny is tighter than ever, especially for a platform handling sensitive medical data like Doximity. The legal environment demands not just compliance, but proactive adaptation to evolving federal and state mandates. Honestly, the cost of getting this wrong isn't just a fine; it's a massive hit to physician trust.

Strict adherence to HIPAA for all secure messaging and patient data handling

For Doximity, HIPAA compliance is the bedrock of its entire operation, covering everything from its secure messaging to its dialer service which masks personal phone numbers. The 2025 updates from the HHS have significantly raised the bar for everyone in the ecosystem. For instance, the breach notification window is now tighter, requiring notification to HHS within 72 hours of discovery for breaches affecting more than 500 individuals.

Furthermore, the proposed 2025 HIPAA Security Rule changes eliminate the flexibility of 'addressable' security controls, mandating uniform implementation of all controls, including Multi-Factor Authentication (MFA) for all ePHI access points. Doximity, which serves over two million registered members as of March 31, 2025, must ensure its encryption protocols for data both at rest and in transit meet these new compulsory standards to protect its vast user base.

Evolving state-level data privacy laws (e.g. California Consumer Privacy Act) impacting ad targeting

While 2025 saw no new comprehensive state privacy laws enacted, the existing patchwork is growing, with Maryland's law (MODPA) taking effect on October 1, 2025, bringing the total to 17 such laws. These state-level rules, which often expand consumer rights and tighten definitions around sensitive data, directly affect Doximity's targeted advertising revenue stream. If onboarding takes 14+ days, churn risk rises due to delayed compliance updates.

The changes mean Doximity must constantly review its data collection and storage practices to align with varying state requirements on data minimization and opt-out rights for automated decision-making. This complexity adds overhead, even as the company posted a robust Q2 FY2026 revenue of $168.5M, signaling that its core business is currently outpacing these regulatory headwinds.

Federal Trade Commission (FTC) oversight on digital advertising claims and transparency

The FTC remains highly focused on truth in advertising, particularly in the digital health space. In 2025, the agency settled charges against a telemedicine company for deceptive weight-loss claims, including unsubstantiated averages like 53 pounds lost. This signals that any claims Doximity makes regarding the productivity gains or clinical workflow improvements from its platform must be rigorously substantiated.

The FTC's general posture on advertising transparency is a constant risk factor for Doximity's Marketing Solutions segment. You need to be sure that performance metrics cited to customers are not just accurate, but defensible under current FTC scrutiny. The company's ability to forecast FY 2026 revenue between $640M and $646M depends on maintaining this trust.

Intellectual property disputes regarding platform features and proprietary algorithms

The legal battle with OpenEvidence Inc. is a prime example of IP risk in the fast-moving AI sector. OpenEvidence has accused Doximity of corporate espionage via "prompt hacking" to steal trade secrets related to its AI models, a claim Doximity denies, countering with a defamation suit. This litigation, pending in Massachusetts federal court, could set significant precedents for how proprietary algorithms are protected in healthcare tech.

Defending against such claims, whether merited or not, is costly, as noted in Doximity's own 10-K filings. Given that over 620,000 unique active providers used their clinical workflow tools in the quarter ended March 31, 2025, protecting the proprietary tech that powers those tools is paramount to maintaining their competitive edge.

Here's the quick math on the current legal exposure profile:

Legal Factor	Primary Risk Area	Key 2025 Data Point / Threshold
HIPAA Compliance	ePHI Breach Notification & Security Control Gaps	72-hour notification window for large breaches
State Data Privacy	Targeted Ad Restrictions & Data Use Audits	17 active comprehensive state privacy laws as of late 2025
FTC Oversight	Deceptive Marketing/Earnings Claims in Ad Solutions	Telehealth firm settled for false claims in July 2025
Intellectual Property	Trade Secret Theft Allegations in AI Development	Lawsuit pending over alleged 'prompt hacking'

What this estimate hides is the potential for a major adverse ruling in the IP case to force a costly redesign of their AI features, which are central to their growth story. Still, the company's strong Q2 EPS of $0.45 suggests current operations are resilient.

Finance: draft 13-week cash view by Friday.

Doximity, Inc. (DOCS) - PESTLE Analysis: Environmental factors

You're looking at Doximity, and honestly, the environmental impact seems minimal on the surface because it's a purely digital platform. That's a huge advantage in today's climate-conscious investment landscape. Because Doximity operates on a cloud-based platform and doesn't require proprietary hardware, its direct physical footprint is naturally small. Plus, the fact that the majority of your team works remotely cuts down on office space and commute-related emissions, which is a structural benefit.

The real environmental win here is the avoided emissions from enabling digital healthcare. Doximity estimates that for every million virtual visits facilitated by Doximity Dialer that would have otherwise been in-person car trips, the company helps avoid approximately 3,000 to 3,500 metric tons of carbon dioxide equivalent emissions. To put that into perspective, that's like taking about 650 gasoline-powered vehicles off the road for a year, based on their 2022 figures. This directly supports the broader industry trend where pharmaceutical companies are also looking to reduce their own carbon footprint by using virtual detailing instead of sending sales reps on the road.

Investor Scrutiny and ESG Transparency

Still, being digital doesn't mean you get a free pass from investors. As of 2025, the demand for Environmental, Social, and Governance (ESG) reporting transparency is intense. Investors are no longer satisfied with vague statements; they want structured, measurable data tied to financial relevance. They are actively using this data to assess long-term resilience and mitigate risks. If you can't report on your emissions, you risk being excluded from certain capital pools. Doximity has started this process, engaging a third-party vendor to calculate its Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions, which they report on their ESG website.

Here's what the historical data shows, which forms the baseline for your current monitoring efforts:

Metric	Calendar Year 2020	Calendar Year 2021	Calendar Year 2022
Scope 1 & 2 Location-Based GHG (Metric Tons CO2e)	252	246	272
Scope 1 & 2 Market-Based GHG (Metric Tons CO2e)	266	258	299

What this estimate hides is the Scope 3 emissions-the big one for cloud usage-which requires more detailed tracking. More than four in five institutional investors expect to increase their sustainable portfolio allocations over the next two years, so providing clear data on your cloud energy use is defintely going to be a focus point for your 2025/2026 reporting cycle.

Data Center Energy Consumption Risks

Even though Doximity doesn't own the servers, the energy consumption of the cloud infrastructure hosting your platform is a material environmental factor. The industry trend is concerning: U.S. data center annual energy use in 2023 (excluding crypto) was about 176 terawatt-hours (TWh), which was roughly 4.4% of the nation's total electricity consumption that year. Some analyses project this consumption could double or triple by 2028. This means your choice of cloud partner and their commitment to renewable energy and energy efficiency directly impacts your Scope 3 footprint.

You need to ensure Doximity is actively monitoring and pushing its cloud partners on energy efficiency, especially as AI-driven workloads increase the power draw per advanced GPU. This isn't just about compliance; it's about operational risk management in a world where energy costs and availability are becoming more volatile.

Key Environmental Considerations for FY2025:

• Cloud provider energy mix disclosure.
• Tracking Scope 3 emissions from infrastructure.
• Quantifying avoided travel emissions annually.
• Incorporating environmental issues in strategic decisions.

Finance: draft 13-week cash view by Friday.