Technology
Okta, Inc. (OKTA)
Data as of July 16, 2026
Environment story
Okta demonstrates moderate environmental performance with acknowledged sustainability commitments but limited transparent disclosure of Scope 1, 2, and 3 emissions data. The company states undertaking sustainability initiatives and goals but provides no quantified carbon targets, net-zero year commitment, or renewable energy percentage in public filings. Risk factors explicitly acknowledge that 'evolving and complex scrutiny of sustainability matters may require us to incur additional costs' and that 'our actual or perceived failure to achieve such goals or targets could negatively impact our reputation.' No evidence of significant resource controversies (toxic waste, water, habitat) specific to Okta's operations. As a software-as-a-service provider, physical environmental footprint is primarily from cloud infrastructure (AWS) hosting and office leases; direct Scope 1 emissions are minimal. Lack of disclosed net-zero target year after 2045 triggers automatic 15-point deduction. Scope 3 emissions from customer data-center usage expansion (AI agent products in development) are undisclosed, triggering additional 15-point deduction.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Sustainability commitments and goalsCompany has undertaken certain sustainability-related initiatives and goals communicated on website and in SEC filings; specific details not disclosed in 10-K.
Social story
Okta achieves moderate-to-good social performance based on available disclosures. No documented CEO-to-median-worker pay ratio in 10-K; cannot verify if ratio exceeds 200:1 threshold. No active union-suppression activities or major strikes within 24 months identified in filings. Leadership diversity metrics (executive/board breakdown by gender, race/ethnicity) are not disclosed in the 10-K; absence of explicit diversity percentages prevents accurate assessment against 30% threshold, but no evidence of critical diversity deficiency. Supply-chain human rights risks are not prominently disclosed; as a SaaS provider, direct exposure to high-risk extraction (cobalt, lithium) is minimal, but reliance on third-party cloud infrastructure (AWS) and vendor ecosystem creates indirect exposure. Company references employee compensation costs, benefits, and stock-based compensation but does not disclose turnover rates or union standing. No evidence of major labor litigation or NLRB complaints in the document.
Criticisms on file
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Cybersecurity incidents impacting reputation and customer trust; January 2022 third-party service provider compromise and October 2023 unauthorized access to customer support system; customers have published public criticisms of security practices.Source: OKTA 10-K Risk Factors and MD&A sections
Disclosed initiatives
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Employee compensation and benefitsSalaries, bonuses, compensation-related taxes, benefits, and stock-based compensation offered; allocation of shared costs (facilities, IT, security, recruiting) across departments by headcount.
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Sales force specialization (February 2025)Further specialization of sales force to better align with customers and evolving market demands; required significant investment in financial and other resources.
Governance story
Okta's governance structure presents significant concerns due to dual-class share structure and concentrated voting control. The 10-K explicitly states: 'The dual class structure of our common stock has the effect of concentrating voting control with those stockholders who held our capital stock prior to the completion of our IPO, including our directors, executive officers, and their affiliates, who held in the aggregate 32% of the voting power of our capital stock as of January 31, 2026. This will limit or preclude your ability to influence corporate matters.' This dual-class structure with supermajority founder/insider voting triggers automatic 20-point deduction. Board independence percentage is not disclosed in the 10-K, preventing independent verification against 75% threshold; conservatively assumed at or below threshold, triggering 15-point deduction. Lobbying expenditures and PAC contributions are not disclosed in the filing; no evidence of direct lobbying against climate or consumer-protection regulation. No active antitrust, consumer-safety, or fraud regulatory proceedings identified. Company has experienced cybersecurity incidents (January 2022, October 2023) that create reputational and operational governance concerns but do not constitute formal regulatory violations disclosed. No evidence of shareholder litigation or class-action suits related to governance specifically, though securities-litigation risk is mentioned generally in risk factors.
Criticisms on file
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Dual-class share structure concentrating 32% of voting power with pre-IPO shareholders including directors and executives, limiting minority shareholder influence over corporate matters.Source: OKTA 10-K Risk Factors section
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Cybersecurity incidents (January 2022 third-party service provider compromise; October 2023 unauthorized access to customer support system) reflecting governance and security oversight challenges.Source: OKTA 10-K Risk Factors and MD&A sections
Disclosed initiatives
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Security certifications and attestationsMaintains SOC 2 Type II Attestations, CSA Star Level 2 Certification, ISO/IEC 27001:2022, ISO/IEC 27017:2015, ISO/IEC 27018:2019, multiple FedRAMP Authorities to Operate, DoD Impact Level 4 compliance, HIPAA Security Rule alignment, and FIPS 140-2 encryption support.
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Privacy certificationsAttained Data Privacy Network, Privacy Recognition for Processors, and EU Cloud Code of Conduct Level 2 certifications.
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Share Repurchase ProgramBoard authorized up to $1 billion stock repurchase program in January 2026; $79 million repurchased and retired during fiscal 2026; $921 million remaining available.
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Okta, Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Okta, Inc. in the app for interactive charts and portfolio building.
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