2018
ENVIRONMENTAL, SOCIALAND GOVERNANCE REPORTTABLE OF
CONTENTSA MESSAGE TO OUR SHAREHOLDERS

3

ACCO BRANDS COMPANY PROFILE

4

Elevating Our Culture

16

5

Employee Development

17

VISION, VALUES AND LEADERSHIP PROMISE

6

Occupational Health and Safety

18

OUR COMMITMENT

7

Community

20

ENVIRONMENTAL

8

Supply Chain Responsibility

22

Locations

SOCIALCORPORATE GOVERNANCE

15

Environmental Management

9

Emissions

10

Governance

26

Energy Management

11

Leadership Structure

27

Water Consumption

12

Board of Directors

28

Waste Reduction

12Enterprise Risk Management

28

Paper Stewardship

13

Corporate Compliance and Ethics

29

Packaging

14

CLOSING THOUGHTS

25

30

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A MESSAGE TO OURSHAREHOLDERS
One of ACCO Brands’ core values is acting responsibly in our global community. We believe thatdoing well as a business goes hand-in-hand with being good citizens. This commitment will help us
grow consumer loyalty, attract the best employees, and create goodwill and support for our businessin locations where we operate. Our initiatives are global in scope and include environmental, social
employment, charitable and governance programs that beneft our employees, shareholders, customers
and the society at-large.
This ACCO Brands Environmental, Social and Governance Report demonstrates some of the ways inwhich we have attempted to achieve that commitment.
We believe that acting responsibly in our global community is ultimately an integral part of what makes
ACCO Brands the HOME OF GREAT BRANDS BUILT BY GREAT PEOPLE.
Sincerely,

Boris Elisman
Chairman, President and Chief Executive Offcer

3

ACCO BRANDSCOMPANY PROFILEACCO Brands, the HOME OF GREAT BRANDS BUILT BY GREAT PEOPLE, is
one of the world’s largest designers, marketers and manufacturers of brandedbusiness, consumer and academic products. Our widely recognized brands
include Artline®, AT-A-GLANCE®, Barrilito®, Derwent®, Esselte®, Five Star®,
Foroni®, GBC®, Hilroy®, Kensington®, Leitz®, Mead®, Quartet®, Rapid®, Rexel®,
Swingline®, Tilibra®, Wilson Jones® and many others. Our products are sold in
more than 100 countries around the world.
More information about ACCO Brands can be found at www.accobrands.com.

4

ACCO BRANDS COMPANY PROFILELOCATIONS

We have Manufacturing, Distribution andOffce locations in these countries:
Australia

Malaysia

Austria

MexicoBelgium

Netherlands

BrazilNew Zealand

CanadaNorwayChile

PolandChina

Portugal

Czech Republic

Romania

Denmark

RussiaFinlandSingapore

FranceSpain

Germany

SwedenGreeceSwitzerland

Hong Kong

TaiwanHungary

TurkeyItaly

United Kingdom

Japan

United States

5

VISION, VALUES AND
LEADERSHIP PROMISEOUR VISIONLEADERSHIP PROMISE

Achieve. Create. Collaborate. Organize.

As management stewards of our talentand resources, we are fully committed
to…

Essential Brands. Innovative Products. Smart
Investment. Winning Team.

OUR VALUES
We are a winning team that:- acts with integrity,- treats others with respect,- embraces diversity,- Leading by example, holding
ourselves to the highest standards of
behavior and performance, taking fullaccountability for our results.
- Creating a safe workplace with aculture of high performance thatrewards achievement, teamwork,honesty and action.
- Advancing the best interests of
ACCO Brands and enabling our
employees and our company to growand succeed.

- encourages creativity, and- acts responsibly in our global community.

6

OUR
COMMITMENT
ACCO Brands is committed to delivering sustainable,
long-term value to our investors, colleagues,
customers and communities through environmental,social and governance stewardship.
Our commitment to sustainability is anchored frmly
in our corporate values. The balance between
environmental protection, social responsibility andgovernance has been an integral part of our corporate
culture for more than 100 years.

SOCIAL
Grow and develop together- We invest in our employees.
- We foster and promote teamwork,
inclusion and diversity.
- We are committed to pursuing continuous
improvement in Health & Safety within all
our locations and to attain our goal of zeroaccidents and zero incidents.
- We give back to our communities.

ENVIRONMENT
Strive to optimize resource utilization andreduce our environmental impact- We minimize energy and water usage in ourfacilities.

- We are committed to ensuring thatworkers are treated with respect anddignity, that working conditions in
ACCO Brands’ supply chain are safe
and that manufacturing processes areenvironmentally responsible.
- Our Product Safety program defnes
core requirements that include productcomposition and safety standards basedon human health and environmental safety
factors.

GOVERNANCE
Act responsibly and with integrity- We minimize our waste.

- We are committed to responsible corporate governance.

- Where possible, we utilize certifed or recycledwood fber.

- We encourage our employees to speak up if they see, or suspect,something improper.
- We update our compliance programs to refect changes in our risk
profle.
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ENVIRONMENTAL
ACCO Brands’ commitment to environmental sustainability is a driving
force behind our products and processes and refects a company built
on integrity, accountability and stewardship.

ENVIRONMENTAL

ENVIRONMENTAL
MANAGEMENT
ISO 14001 ENVIRONMENTAL MANAGEMENT
ISO 14001 is a recognized voluntary environmental management system standard developedby the International Organization for Standardization (ISO). Based on the Plan-Do-Check-Act
methodology, it provides a systematic framework for integrating environmental management
practices by supporting environmental protection, preventing pollution, minimizing waste andreducing energy and materials consumption.
Thirty-four ACCO Brands facilities have achieved ISO 14001 certifcation.
For a complete list of certifed facilities, go to https://www.accobrands.com/values/
environmental-responsibility/environmental-management/.

ISO 50001 ENERGY MANAGEMENT CERTIFICATION
ISO 50001 is a voluntary international standard which provides
an internationally recognized framework to manage and improveenergy performance. This certifcation represents the company’scommitment to the effcient use and consumption of its energy
resources, with signifcant reduction of environmental impacts.
The standard addresses the following:- Energy use and consumption- Measurement, documentation and reporting of energy use
and consumption- Design and procurement practices for energy-using
equipment, systems and processes- Development of an energy management plan and otherfactors affecting energy performance that can be monitored
and infuenced by the organization.
Four ACCO Brands locations have ISO 50001 Energy
Management certifcations:- Heilbronn, Germany- Stuttgart, Germany- Uelzen, Germany- Bauru, Brazil

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SCOPE FOR EMISSIONS, ENERGY,WATER AND WASTE DATAENVIRONMENTAL

EMISSIONS
We aim to minimize energy use in our facilities andlower the related air emissions.
GLOBAL CARBON DIOXIDE EMISSIONS
We have started formally collecting and analyzingenergy usage for our manufacturing locations anddistribution centers at a global level. Our CO2
emissions increased by 2.8 percent over 2017. In 2018,
these sites generated 38,589 tonnes CO2. Electricity
consumption makes up almost 90 percent of our total
CO2 emissions, so as we had an increase in electricity
usage, we expected an increase in emissions. In
addition, the mix of power production in Poland has
been shifted to utilize more coal causing a higher
emission impact. This results in higher impact of CO2
emissions from our Polish production facility.
Total emissions reported here include Scope 1 andScope 2 CO2 emissions for ACCO Brands global
manufacturing and warehousing locations. Scope 1
emissions are emissions that come directly from
ACCO Brands manufacturing and warehousing
locations. Scope 2 emissions are emissions that comefrom energy we purchase to run our manufacturing andwarehousing locations.

When evaluating our impact in the areas of emissions, energy, water andwaste, we have focused on our manufacturing and distribution locations
which have the largest impact are listed below.
MANUFACTURING
Arndell Park, NSW, Australia

Kozienice, Poland

Erskine Park, NSW, Australia*

Arcos, Portugal

Queanbeyan, NSW, Australia*

Hotkovo, Russia

Sint Niklaas, Belgium

Hestra, Sweden

Bauru, Sao Paulo, Brazil

Cerkezkoy, Turkey

Mississauga, Ontario, Canada

Lillyhall, United Kingdom

Shanghai, China

Ontario, California, USA

Lanov, Czech Republic

Booneville, Mississippi, USA

Uelzen, Germany

Ogdensburg, New York, USA

Gorgonzola, Italy

Sidney, New York, USA

Lerma, Mexico

Alexandria, Pennsylvania, USA

DISTRIBUTION
Jandakot, WA, Australia*

Auckland, New Zealand *Prague, Czech Republic

Barcelona, Spain

St. Amé, France

Halesowen, United Kingdom

Heilbronn, Germany* Water usage was not available for these locations.
For this report, the following manufacturing and distribution centers are notincluded:- Barrilito Queretaro Distribution Center, Mexico which was acquired in July 2018
- Pleasant Prairie, Wisconsin, USA distribution center, which was closed in early2018- Pleasant Prairie, Wisconsin, USA manufacturing was closed in 2018
- Pleasant Prairie, Wisconsin, USA assembly operation was opened in 201810

ENVIRONMENTAL

ENERGY CONSUMPTION IN BRAZIL WAS
REDUCED BY 340,016 kWH/YEAR

LED LIGHTING MAKES A DIFFERENCE AT
FACILITY IN FRANCE

We strive to minimize energy usage in our facilities.

Fifty-six percent of the savings was achievedby centralizing and optimizing vacuum pumps
as older and smaller pumps were replaced withmore effcient equipment.

We have started formally collecting and analyzing energy usage
for our manufacturing locations and distribution centers at a
global level – see page 10 for scope details.

Thirty-three percent of the savings was achievedby evaluating and substituting motors, pumps
and compressors that were identifed asoversized or ineffcient.

In our St. Amé warehouse in France, we havebeen progressively switching to LED lighting,replacing each old lamp when it no longer
functions. The new LED lighting provides better
visibility for the operators and a more pleasantworking environment.

ENERGYMANAGEMENTElectricity usage increased one percent in these locations from2017 to 2018. In 2018, these sites consumed 76,237 MWh andin 2017, 75,488 MWh. This increase was largely attributable toadditional production and shipments in some locations, as wellas, construction activities at one of our distribution centers which
was completed in 2018.

Additional benefts of the project included
reducing noise and extra heat generated inside
the factory, as well as easier maintenance.

In addition, the LED lighting lasts longer anduses less electricity, leading to a lower carbon
footprint with savings of approximately 7.5
tonnes CO2 since we started the replacements in
2017.

100 PERCENT GREEN POWERUTILIZATION IN AUSTRALIA
By purchasing all of its electricity fromgovernment accredited renewable energy
generators, which produce electricity fromsources like wind, solar, water and bioenergy,
our cleaning products manufacturing facility inAustralia operates with 100 percent GreenPower.

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ENVIRONMENTAL

WATER CONSUMPTION
We strive to minimize water consumption.

ENVIRONMENTAL

WASTE REDUCTION
We strive to minimize waste.

GLOBAL WATER CONSUMPTION
We have started formally collecting and analyzing water usage for our
manufacturing locations and distribution centers at a global level –see page 10 for scope details. Our factory and warehousing locations
reduced their overall water consumption 6 percent in 2018 from2017. The reduction was a result of a water reduction project at theMississauga, Canada, facility and production shifts at other locations.

In 2018, 86 percent of all waste in our ACCO Brands factories andwarehouses (excluding hazardous waste) was recycled. The recycle
rate was up slightly from 85 percent in 2017.

ACCO BRAZIL HAS REDUCED SLUDGE WASTE IN ITS FACILITY IN
BAURU, BRAZIL, BY NEARLY 70 PERCENT
Waste water is treated at our Bauru, Brazil, facility, which results in a sludge with high moisture content
that is heavy and diffcult to process. We analyzed the current treatment system, physical, biological andchemical treatment processes and investigated technology that could improve the system.
As a result, we identifed and implemented an improved non-toxic chemical treatment process that issignifcantly more effcient and dries the sludge more effectively.
This new process resulted in 26 fewer tonnes of sludge waste in one year to store, transport and coprocess at a third-party facility.

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ENVIRONMENTAL

PAPER STEWARDSHIPACCO Brands uses a vast amount of paper-based materials to produce its
products, so sourcing timber that’s grown sustainably and is harvested legally isvery important to us. We are proud that our locations using the vast majority ofsustainability hold various third-party paper certifcations and use recycled content.

We strive to use certifed wood fber and recycledcontent, where possible.

In 2018, we sold 325,159,200 units of product that carried a sustainability
certifcation. A ten percent increase over 2017.

AT-A-GLANCE® OFFERS RECYCLED PLANNERS

Certifed products are considered benefcial for the environment since they are
made from fbers certifed to be from legally and responsibly managed forests.

In 2018, AT-A-GLANCE® developed a monthly plannercomposed of recycled materials available for purchase in
2019. It contains 100 percent post-consumer waste recycled
paper—a 50 percent post-consumer waste recycled coverand 90 percent post-consumer waste recycled wire. Not only
does AT-A-GLANCE® offer recycled planners, but the brandsells various items, such as desk pads and wall calendars,
which have 90 percent post-consumer waste backboards.

ACCO BRANDS’ CURRENT CERTIFICATIONSTHE FOREST STEWARDSHIP COUNCILTM (FSCTM) is aninternational organization whose mission is to promoteresponsible management of the world’s forests. The
intent of the FSC system is to shift the market to eliminate
habitat destruction, water pollution, displacement of indigenous peoples
and violence against people and wildlife that may sometimes accompany
logging. For more information, visit http://www.fsc.org.

THE SUSTAINABLE FORESTRY INITIATIVE® (SFI) programis based upon principles that promote sustainable forest
management, including measures to protect water quality,
biodiversity, wildlife habitat, at-risk species and forests withexceptional conservation value. For more information, visit http://www.
sfprogram.org.

THE PROGRAMME FOR THE ENDORSEMENT OFFOREST CERTIFICATION (PEFC) is an international
non-proft, nongovernmental organization dedicated topromoting Sustainable Forest Management (SFM) throughindependent third-party certifcation. They work throughout the entire forest
supply chain to promote good practice in the forest and to ensure thattimber and non-timber forest products are produced with respect for thehighest ecological, social and ethical standards. For more information, visit
http://www.pefc.org.

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ENVIRONMENTAL

PRODUCT HIGHLIGHT
TRUSENSTM
In 2018, ACCO Brands was in its fnal development stages for TruSens™, a brand of air
purifers designed to improve indoor air quality, focusing on the health and wellness of
consumers. TruSens™ was commercially launched on April 29, 2019. With ENERGY STAR
certifcation, TruSensTM measures air quality anywhere in a room, improves delivery of
purifed air throughout an entire room, and prevents recirculation of pollutants and germs
by using a flter and an ultra-violet lamp.

ENVIRONMENTAL

PACKAGING
Where possible, we strive to reduce packaging.
AUSTRALIAN PACKAGING COVENANT
The Australian Packaging Covenant Organization (APCO) isa co-regulatory, not-for-proft organization with the aim of
reducing the harmful impact of consumer packaging on theAustralia environment. The goals are to optimize resource
recovery of consumer packaging through the supply chain andprevent the impacts of fugitive packaging on the environment.
Our APCO Annual Report total score for 2018 was 68 percent,an improvement from 61 percent in 2017, maintaining a
Performance Level 4 (with 5 as the highest possible score). In
2018, we restructured our Packaging Sustainability Assessment
framework to prepare for the new Sustainable Packaging
Guidelines and requirement for SKU-based reporting in 2020.
ACCO Brands Australia was one of the companies committed
to use of the Australasian Recycling Label (ARL) at its formal
launch in 2018. The ARL is an evidence-based system thatprovides consumers with easy to understand instructions
on how to correctly dispose of every part of a product’s
packaging.

14

SOCIAL
We are committed to being responsible local and corporate citizens. Our
ethical vision extends beyond compliance and builds on a fundamental
commitment to integrity, embracing diversity, teamwork, respect and acting
as a responsible partner in our global community.

SOCIALELEVATING OUR CULTURE
EMPLOYEE ENGAGEMENT SURVEY
As the HOME OF GREAT BRANDS BUILT BY GREAT PEOPLE, we believe our employees are the key reason
for our success. In alignment with our Vision, Values and Leadership Promise, we want to create a work
environment that attracts and retains the best talent in the industry and makes ACCO Brands a GREAT PLACE
to Work.
In 2017, the Employee Engagement Survey was sent to all ACCO Brands employees in North America, Latin
America and Asia. An overall response rate of 88 percent was achieved enumerating our perceived strengths
and areas of opportunity. The leaders of each region and function held focus groups and developed actionplans for their area’s top priority items. Because of acquisition integrations, in 2018 we surveyed both
Australia/New Zealand and EMEA and have followed a similar process within those regions.
Our next bi-annual survey will launch during the summer of 2020.

STRENGTHS (COMPANY OVERALL) FROM 2018

- Our scores exceeded the average industry
benchmark and almost reached to the highperforming benchmark.

- Employees are proud of and committed to the

ACCO Brands’ Lake Zurich offce was named one of“Chicago’s Best Places to Work” in 2018 by Crain’s Chicago
Business. This annual list recognizes companies in Chicago
that demonstrate an exceptional commitment to creating
an outstanding work environment and culture for theiremployees.

development.

- Provide a clearer understanding of criteria used to- Employees understand how their work contributes- Improve cross-functional collaboration and improvecompany has for employee well-being.

CRAIN’S CHICAGO BUSINESS AWARD- Provide more consistency in support of coaching andevaluate and recognize performance, and ways todevelop careers.

- Employees recognize the care and concern theKorn Ferry, a global organizational consulting frm recognized
ACCO Brands as a 2018 Employee Engagement Awardwinner. Korn Ferry recognizes companies that have highlevels of employee engagement and a healthy employment
brand.

OPPORTUNITIES (COMPANY OVERALL) FROM 2018

company’s success.
to the company’s goals.

KORN FERRY EMPLOYEE ENGAGEMENT
AWARDSalignment on objectives.

- Facilitate timely communications when changes occur
in the business.

As a result of the Employee Engagement Survey, ACCO Brands identifed collaboration as an enterprisewide opportunity area. The company has developed an action plan to improve collaboration throughout theorganization.

16

SOCIALELEVATING OUR
CULTUREEMPLOYMENT BRAND
The goal of ACCO Brands’ Employment Brand is to elevate ourculture as an important differentiator and key pillar of our People andBusiness strategy.

SOCIALEMPLOYEE DEVELOPMENT
We invest in our employees.
The company’s strategic plan for Human Resources, the ACCO Brands’ People Plan, includes fourareas of focus: Talent, Leadership, Collaboration and a strong HR Foundation. The frst priority, afocus on talent, is intended to strengthen the talent pipeline; attract, recruit, engage and develop thebest talent available to achieve short- and long-term goals; and become an employer of choice forprospective hires.

With an established Employment Brand,

HOME OF GREAT BRANDSBUILT BY GREAT PEOPLE,
we will:- Lead by example, holding ourselves to the highest standards, as
expressed in our Vision, Values and Leadership Promise.
- Invest in our talent by providing leadership experiences thatdevelop business perspectives and relevant knowledge and skills.
- Provide training experiences, such as the Leadership Academy andBasecamp programs, to help us continue to grow talent within theorganization.
- Listen to our employees and act on feedback and ideas on what we
can do to truly make this a great company.

In support of our focus on talent, a number of initiatives arebeing pursued. One important priority, “Raising the Bar” on ourmanagers, supports the company’s mission to have effective
leaders at all levels.
A three-pronged approach to “Raising the Bar” on manager
training includes the development and execution of thefollowing ACCO Brands Leadership Development programs:
Leadership Academy – People Management training forexisting managers
Leadership Basecamp – People Management basic
training for new managers
On-going Leadership Development – Continuous,targeted capability building for all managers.

- Recruit the best diverse talent as a means of providing an inclusive
environment that refects the ideas of the communities in which we
do business.

17

SOCIAL

OCCUPATIONAL HEALTH AND SAFETY
We strive to provide a healthy and safe place to work.

MISSION ZEROACCO Brands is committed to Mission Zero—pursuing
continuous improvement in Health and Safety within all of our
locations and to attain our goal of zero accidents and zeroincidents.
We have implemented our Comprehensive Environmental
and Safety Management Plan (CESMP) as an overallmanagement system for all of our manufacturing anddistribution locations. Audit performance is a measurement of
the proactive steps each location is taking to prevent injuries.
We strive to achieve a culture where all employees contributeand take ownership for creating and maintaining a safe
working environment.

#1 RANKING SAFETY PERFORMANCE AWARDS
Each year we recognize our top performing sites in the area ofsafety based on their CESMP audit score (50 percent) and the threemeasured injury rates (50 percent). The rates include Recordable
Rate, Day Away From Work Case Rate and Day Away From WorkDays Rate.
For the 2018 calendar year, our Booneville, Mississippi, and Lerma,
Mexico manufacturing sites were tied for the #1 Ranking award.
Both sites met or exceeded our CESMP audit score goal and bothachieved a full year with ZERO recordable injuries.

The CESMP consists of eight elements:- Teammate Involvement- Recordkeeping and Documentation- Hazard Assessment, Prevention and Control- Injury and Illness Investigation/ Medical Management- Training and Education- Environmental- Measurement- Key Achievements
18

SOCIAL

OCCUPATIONAL HEALTHAND SAFETY
NATIONAL SAFETY COUNCIL OPERATIONAL EXCELLENCE
ACHIEVEMENT AWARDS IN 2018
National Safety Council Operational Excellence Achievement Awards were
presented to the following U.S. locations for having lost time injury rates
that were less than 50 percent of the applicable Bureau of Labor Statistics
industry category average in 2018:

ROSPA HEALTH & SAFETY AWARDS
ACCO BRANDS EMEA
In 2018, ACCO Brands EMEA wasawarded the RoSPA Order for Distinction
for having received 22 consecutive Gold
Medal Awards. The RoSPA Awards areopen to businesses and organizations of
all types and sizes from across the U.K.
and overseas. Judges consider entrants’
overarching occupational health andsafety management systems, including
practices such as leadership and workforce
involvement.

- Booneville, Mississippi- Kettering, Ohio
- Sidney, New York- San Mateo, California- Ontario, California- Pleasant Prairie, Wisconsin

ACCO BRANDS EARNS INDUSTRY LEADER AWARD
ACCO Brands was awarded a 2018 Industry Leader Award from the
National Safety Council for excellent safety performance within its
industry, based on 2017 calendar year data. The National Safety
Council is a nonproft organization whose mission is to eliminate
preventable injuries at work, in homes and communities and on theroad through leadership, research, education and advocacy.

IF YOU SEE SOMETHING…. SAY SOMETHING
Teams look for areas of potential risk or react to nearmisses by looking for ways to prevent a re-occurrence ofthe event.
Our employees are encouraged to always speak up if
they see an unsafe condition or witness an unsafe act aspart of our See Something, Say Something initiative.

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SOCIALCOMMUNITY
Giving back is more than just good business,it’s the right thing to do.
We are committed to investing in the communities
where we live and work. We highly value fundraisingand volunteering our time to support various community
organizations and causes – locally and globally.

OVER $2 MILLION IN CASH AND IN-KIND
DONATIONSSUPPORTING CITY OF HOPE

KIDS IN NEED FOUNDATIONACCO Brands and the business products industry
have long been strong supporters of City ofHope. The City of Hope is an independent
biomedical research and treatment center forcancer, diabetes and other life-threatening
diseases. In 2018, ACCO Brands’ giving
campaign in support of City of Hope raised over$1.4 million through company-sponsored efforts
in the U.S.

ACCO Brands is proud to be a long-time partner ofthe Kids In Need Foundation (KINF), whose mission
is to ensure that every child is prepared to learn andsucceed in the classroom by providing free schoolsupplies nationally to students most in need.

Donations help fund research that leads tothe development of life-saving medicines andtreatments all over the world.

In 2018, ACCO Brands donated approximately $2
million in cash and in-kind contributions to charitableorganizations around the world. In addition to ouroverall corporate commitment to the City of Hope, ouremployees and our company support many local charities.

ACCO Brands and businesses alike, helped KINF reacha special milestone of $1 billion worth of donatedschool supplies in 2018. To celebrate, ACCO Brands’
Five Star®, Mead®, Swingline®, Quartet® and GBC®
launched a KINF campaign on Twitter, featuring thehashtag #HowMuch. The hashtag was created toshowcase #HowMuch $1 billion means. ACCO Brands’
supported the efforts by sharing #HowMuch thecompany is doing to help KINF reach its next $1 billion
in donated school supplies.
Additionally, the Kettering, Ohio, offce supports
KINF affliate Crayons to Classrooms, an organizationthat collects and distributes school supplies that are
essential to academic success – at no cost to thechildren’s teachers, families or schools.

WESTMEAD CHILDREN’S HOSPITALACCO Brands Australia attended the Westmead Children’s Hospital Radiothon 2018, where we presented ourannual donation of $15,000. While the Westmead Children’s Hospital Radiothon is vital to generate the funds
required to maintain an outstanding level of care for Sydney’s children, it is also a celebration of the hospital’s role inthe community at large.
Our donation brought our total contribution to over $250,000, making ACCO Brands an Offcial Benefactor of the
Hospital.
20

SOCIALCOMMUNITY
2018 CHARITY OF THE YEAR IN AYLESBURY, UK,
WAS THE FLORENCE NIGHTINGALE HOSPICECHARITY
ACCO Brands’ Aylesbury location chose FlorenceNightingale Hospice Charity (FNHC) as its charity of
the year for the second year in a row. The FlorenceNightingale Hospice Charity (FNHC) provides palliativeand end-of-life care for those with life-limiting illnesses.
The Aylesbury, U.K., offce held a variety of events andfundraisers to support the efforts of the charity, including,a donation of Derwent art supplies and a ftness challenge.

MEXICO EMPLOYEES VISIT COMMUNITY
Nutre a un Nino (Nourish a Child), an organization
dedicated to helping and supporting children in need,invited ACCO Brands Mexico employees to deliverproducts they had donated to Acambay, a community
near Mexico City. Employees helped to provide care to
the community’s young children and distributed packages
containing school supplies that ACCO Brands Mexico had
donated.

ACCO BRANDS MATCHING GIFTS PROGRAM
The ACCO Brands Matching Gifts Program encourages personal
fnancial and volunteer support to non-proft, tax-exempt groups
that are involved in cultural, health and welfare and youth
activities. The Matching Gifts Program is made up of threecomponents:- Matching Gifts- Grants for Volunteers- Grants for Volunteer Leaders
The programs are open to U.S.- and Canada-based full-time andpart-time employees and their spouses or domestic partners.

TILIBRA LAUNCHES PRODUCTS FOR THOSE WITH
SPECIAL NEEDS AND LEARNING DISABILITIES IN
BRAZILIn 2018, Tilibra proudly pioneered thedevelopment of Académie notebooks
specifcally designed for those with special
needs and learning disabilities. The four
new notebooks have spacing, size, shapeand color features designed to improveusability by those with special needs. This
allows students to keep their writing uniform
when practicing numbers, letters and othersymbols.
The goal of this project was to promote inclusion for all
students. Because the development of motor skills and learning
to write are key moments in children’s lives, Tilibra wanted todevelop products that would foster the best possible learning
environment for those who have diffculty with such tasks.

21

SOCIAL

SUPPLY CHAINRESPONSIBILITY
We are committed to responsible sourcing and we engage, support
and collaborate with our suppliers in pursuit of this objective.
SOCIAL RESPONSIBILITY PROGRAM
ACCO Brands is committed to ensuring that workers are treated with respect and dignity, that working
conditions in ACCO Brands’ supply chain are safe and that manufacturing processes are environmentally
responsible.
We monitor supplier compliance with our Supplier Code of Conduct through a system of regular supplieraudits, which are performed by a third-party audit frm. If non-conformances are identifed during the audit,
we require the supplier to create a corrective action plan and monitor the progress until all major nonconformances are resolved. We provide support to assist non-compliant suppliers with corrective actions.
ACCO Brands’ compliance experts support our suppliers by providing tailor-made training and coachingon specifc social, environmental and governance issues, capacity building, e-learning and sharing bestpractices.
ACCO Brands’ commitment to promoting social responsibility throughout its supplier base wasdemonstrated by hosting a 2018 Supplier Summit in China, where suppliers learned the elements of ACCO
Brands’ global programs and our Compliance team promoted awareness of new requirements and audit
methodology. In person meetings and connections with the supplier base actively engages our suppliers toachieve our goals.
ACCO Brands participates in various trade organizations focused on supply chain responsibility. The
company uses industry benchmarking data and information published by the U.S. government to help
identify potentially high-risk areas.

ANTI-SLAVERY AND HUMAN TRAFFICKING
ACCO Brands prohibits human traffcking and slavery. Our employees,
contractors, subcontractors, vendors, suppliers and business partners
must not engage in any practice that constitutes traffcking in persons or
slavery.
Our commitment to human rights is guided by international human rights
principles encompassed in the Universal Declaration of Human Rights.
In 2018, in addition to audits, we enhanced our due diligence throughincreased supplier engagement and reporting, based on Organization
for Economic Co-operation and Development (OECD) due diligence
guidelines on responsible sourcing.

ACCO Brands is a member of the Retail Industry Leaders Association (RILA) which enables us to keep abreastof industry trends in the areas of social compliance, human traffcking and trade.

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SOCIAL

PRODUCT SAFETY POLICYSUPPLY CHAINRESPONSIBILITYACCO Brands customers and consumers can be confdent that our products
are safe when used as intended. We take a risk-based due diligence approach
when assessing the consumer safety of our products. Our program defnes corerequirements that include minimum product composition and safety standards,
based on human health and environmental safety factors.

CONFLICT MINERALS
Our commitment to responsible sourcing is demonstrated by our responsible sourcingof minerals and we expect our suppliers to share our commitment. We implement
measures in our supply chain to ensure that our products are not directly or indirectly
funding violence in the Democratic Republic of the Congo. We fulfll our annual
obligations in compliance with the Dodd Frank Act to investigate our supply chain to
identify smelters of tin, tantalum, tungsten and gold in our supply chain and we havecommitted not to purchase raw materials, subassemblies or supplies that supportconfict.

An important step of this assessment process is a product safety and compliancereview which is incorporated in our product development process. For our global
products developed or engineered in North America and EMEA, we have a fourstep engineering gate process for engineered or developed products. This ensures
the safety of our products before they go to market. Based on scientifc data
and regulatory requirements, we either avoid or restrict use of chemicals in our
chemical-intensive products so they meet our safety criteria and all applicable legal
requirements.

RESTRICTED SUBSTANCES LIST (RSL)As part of ACCO Brands’ commitment to protect consumers, employees and theenvironment, we have a Restricted Substances List (RSL) to guide production ofsafe and legally compliant fnished products, including packaging, raw materials,
components, parts, subassemblies and OEM parts. The RSL outlines requirements
regarding the use of chemical substances contained in our products, including
regulatory, safety, and customer requirements.
Suppliers are responsible for ensuring that all materials, parts, components,
subassemblies, products, labels, packaging, user manuals, chemicals and other items
used to manufacture our products are in compliance with limits and other restrictions
described or referred to in the RSL.
We monitor supplier compliance with the RSL through a certifcate of conformity
program. On an annual basis, key suppliers are required to certify that the products
they supply to ACCO Brands meet the requirements outlined in the RSL.

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SOCIAL

SUPPLY CHAINRESPONSIBILITY
GECA CERTIFICATION
Approximately 13 percent of our Northfork brand range ofcleaning chemicals are Good Environmental Choice Australia(GECA) certifed. These cleaning and personal care products are
manufactured by our chemical manufacturing facility in Australia.

ACCO BRANDS’ PARTNERSHIP WITH THE SEATTLE
LIGHTHOUSE FOR THE BLIND
ACCO Brands has proudly partnered with the Seattle Lighthouse for theBlind for over 10 years. As the largest employer of people who are deafblind in the nation, the organization creates and supports jobs for thosewith visual impairment in collaboration with National Industries for theBlind (NIB). NIB, in conjunction with its network of associated nonproftagencies, is the nation’s largest employer of people who are blind throughthe sale of Quartet SKILCRAFT® and other products and services provided
by the AbilityOne® Program.

The Good Environmental Choice Australia Ecolabel certifcation
scheme is Australia’s leading environmental certifcation program.
GECA’s Ecolabel trade mark indicates the environmental
performance of a product has been certifed from multi-criteria
perspective. Products that carry the Ecolabel trade mark are certifed environmentally
preferable by GECA. The scheme is internationally recognized and growing in
demand and awareness throughout different industries.
Our GECA-certifed products meet the program’s robust standards, developed inline with ISO 14024 principles. GECA’s standards address multiple environmental
attributes, such as toxicity, air quality, energy use, recyclability, VOCs, carcinogens,reducing water consumption, protecting waterways, use of sustainable materials andminimizing material usage. They also consider impacts across the entire life cycleof a product or service, from raw material extraction through to use, disposal or
breakdown.

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CORPORATE
GOVERNANCE
Our global family of brands is built upon trust. We believe good corporate
governance practices serve the long-term interests of our stockholders.
We are committed to managing our corporate affairs in a transparent
and objective manner that builds trust with our shareholders and otherstakeholders.

CORPORATE GOVERNANCE

GOVERNANCE
The Board of Directors has adopted Corporate Governance Principles which, along with thecompany’s Restated Certifcate of Incorporation, as amended, and Bylaws, the charters of theBoard of Directors’ committees, our Code of Conduct and other key policies and practices of theBoard of Directors, provide a framework for the governance of the company. These are available
on our website at: http://ir.accobrands.com/corporate-governance/principles-documentscharters.
The Board of Directors, under the leadership of its Nominating and Corporate GovernanceCommittee, regularly monitors trends in corporate governance and evaluates the company’s
governance practices making changes it believes are in the best interests of the company’s
stockholders.

BOARD OF DIRECTORS AND COMMITTEES- All directors elected annually- Lead Independent Director- Ninety percent of our directors are independent- Two female directors and two directors with ethnically diverse backgrounds- Fully independent Audit Committee, Compensation Committee andCorporate Governance and Nominating Committee- Executive sessions of non-employee directors held at each regularlyscheduled quarterly board meeting- All directors attended over 85 percent of Board and committee
meetings held in 2018

STOCKHOLDER INTERESTS- Majority voting standard for election of directors inuncontested elections- No rights or “poison pill” plan
- All directors and executive offcers have met or are on
track to meet stock ownership guidelines- Hedging, pledging and short sales of company stock areprohibited

COMPENSATION HIGHLIGHTS- 2018 say-on-pay proposal approved by 97 percent ofshareholders- Eighty-one percent of CEO 2018 target compensation is
at-risk based on fnancial performance measures or stock
price appreciation- No executive employment agreements for U.S.-based
executive offcers- Incentive compensation “clawback” policy- Performance metrics aligned with business strategy andshareholder value creation- Double-trigger change-in-control provisions in executive
severance plan
- Incentive compensation plan and practices include good
corporate governance features

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CORPORATE GOVERNANCE

LEADERSHIP STRUCTURE
CHAIRMAN AND CEO
Our leadership structure consists of our Chairman and CEO, our Lead Independent Director
and our robust committee structure. The independent composition of our principal Board
committees, together with the Lead Independent Director, provides effective independent
oversight of our management and our company, while maintaining a single leader for thecompany, to convey to our customers, business partners, investors and other shareholders
strong, unifed leadership.

Our Chairman and CEO is responsible for the day-to-day
management of the company’s business affairs and presides
at all Board of Directors meetings.

LEAD INDEPENDENT DIRECTOR
We have a Lead Independent Director, who presides atmeetings of all non-employee directors in executive session.
The Lead Independent Director works closely with our
Chairman and CEO in establishing the agenda for eachmeeting of the Board of Directors and acts as a conduit
for contact between our Chairman and CEO and the otherdirectors.

INDEPENDENT COMMITTEE STRUCTURE
Our Audit, Compensation, Executive, Finance and Planningand Nominating and Governance committees, which arecomprised entirely of independent directors, provide
appropriate oversight and balance to the combined
Chairman and CEO role.

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CORPORATE GOVERNANCECORPORATE GOVERNANCE

BOARD OFDIRECTORSENTERPRISE RISK MANAGEMENT

We recognize the importance ofindependence and diversity on our Board.
Each currently serving member of the Board of Directors, otherthan our Chairman and CEO, has been affrmatively determinedby the Board of Directors to be independent, as defned in our
Corporate Governance Principles and in accordance with NYSE
independence requirements.

We strive to continuously improve our compliance programs to refect changes in our risk profle.

ACCO Brands maintains an Enterprise Risk Management program (ERM), which is designed to identify in a timely manner the material
risks we face and communicate necessary information about those risks to senior management and, as appropriate, to the Board of
Directors or its relevant committees. Our ERM includes policies and procedures designed to help identify, evaluate, monitor, manage
and mitigate the major internal and external risks we are exposed to and to align appropriate risk-taking with our efforts to increase
shareholder value.
Our senior management has primary responsibility for managing enterprise risks, as well as the day-to-day risks associated with ourbusiness, including strategic, operational, fnancial, legal, regulatory, technology, environmental, social, geo-political, reputational andemerging risks.
Our Board is responsible for the oversight of our risk management.

When considering director qualifcations, the Board of Directors
and the Nominating and Governance Committee evaluate theentirety of each director’s credentials, including factors such as
diversity of background, experience, skill, age, race, ethnicity andgender with a view toward having the Board refect a diverse mixof skills, experiences, backgrounds and opinions. In the past fve
years, three new independent directors have joined our Board.
Two of our current directors are women and two (including oneof the women) are ethnically diverse. Our Audit Committee
and Nominating and Governance Committee both have female
chairpersons.

- The Board currently oversees our risk management primarily through the Governance Committee. It oversees the ERM policies
and procedures established by management and the delegation of specifc areas of risk to other Board committees to ensure
proper risk oversight.

- Our Board receives regular reports from each Board committee regarding topics discussed at committee meetings, including
the areas of risk overseen by each of the committees.

- Our Governance Committee oversees management’s administration of the company’s corporate social responsibility andenvironmental sustainability programs, corporate governance policies and practices, including anti-corruption and bribery, andproduct safety. It periodically reviews the structure of our Board’s committees and charters to ensure appropriate oversight of risk.

- Our Audit Committee oversees certain fnancial risks associated with the preparation of the company’s fnancial statements and ourfnancial compliance activities, including the adequacy of our internal controls over fnancial reporting, our disclosure controls andprocedures and our information technology general controls. The Audit Committee also oversees management actions andcontrols related to cyber and data security risks, disaster recovery and business continuity.

- Our Finance Committee oversees fnancial risks with respect to the company’s capital structure, investments, use of derivatives andhedging instruments, currency exposure and other business and fnancing plans and policies.

- Our Compensation Committee structures our executive compensation programs to provide incentives to appropriately reward

executives for growing shareholder value without undue risk taking. It reviews, at least annually, the relationship among thecompany’s ERM, corporate strategy and executive compensation and has oversight over the company’s succession planning andmanagement development processes.

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CORPORATE GOVERNANCECORPORATE COMPLIANCE
AND ETHICSSPEAKING UP

We encourage our employees to speak up if they see, or suspect, something improper.

ACCO Brands encourages the active involvement of its employees, offcers anddirectors in the detection and prevention of misconduct, including the reporting ofsuch activity to the employee’s manager, another manager they trust, the Human
Resources department, the Legal and Corporate Compliance department or
MySafeWorkplace – a telephone and internet-based reporting system. The company
does not allow retaliation against employees for reports made in good faith.

CODE OF CONDUCTANTI-CORRUPTION AND BRIBERY

Our Code of Conduct is an essential guide to the way we conduct business.

Our Anti-Corruption and Bribery compliance program is premised on the idea ofcontinuous improvement, with the ultimate goal of protecting the communities where
we do business. As part of these efforts, we have third-party due diligence screening
procedures. Third-party due diligence is a key process by which ACCO Brands reviews
its business partners to ensure that it is working with companies that share its values
and commitment to doing business in an ethical way.

The collection of policies, practices and procedures that comprise the Code areintended to promote ethical and lawful behavior in all aspects of business for
employees, offcers and directors. The Code embraces the corporation’s values ofintegrity and respect for others, commitment to diversity and responsible behaviors in,and support for, the communities in which we work and live. Above all, it requires thateveryone associated with ACCO Brands, including our suppliers and other partners,
conducts himself or herself in an ethical and lawful manner which respects the dignityof others.
The Code of Conduct can be found at: https://www.accobrands.com/code-of-conduct/

DATA PRIVACY COMMITMENT
ACCO Brands is committed to securely protecting the data of its employees,
customers, and consumers, as well as ensuring that it processes that data in a fair andtransparent manner in compliance with applicable laws. As part of that commitment,
ACCO Brands ensures that individuals are aware of how it processes personal
data and the rights they have over their data. With data protection laws across theglobe continuing to evolve, ACCO Brands frmly believes that guarding and using
data appropriately is crucial to protecting its brands and maintaining shareholders’confdence in its business.
To that end, ACCO Brands has self-certifed to the EU-US and Swiss-US Privacy Shieldframeworks. By adhering to certain core principles, Privacy Shield certifed companies
fulfll their pledge to adequately protect personal data received from the European
Union and Switzerland. Those core principles also guide ACCO Brands’ global
approach to privacy.
Consistent with its commitment to privacy, ACCO Brands has become a corporate
member of the International Association of Privacy Professionals (IAPP), the world’s
largest and most comprehensive global information privacy community.
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CLOSING THOUGHTSActing responsibly in our global community goes beyond doing the minimum of what we are required to do orwhat we are expected to do. It includes having a positive impact on the environment, as well as protecting andhelping the people who work for our company or who live in the places where we do business. It also meansthat we act in an ethical and conscientious manner in conducting business and managing our company.
We recognize that our actions can have impacts across the globe, and we are committed to ensuring that those
impacts are positive ones.
Acting responsibly in our global community is a key part of what makes us the HOME OF GREAT BRANDSBUILT BY GREAT PEOPLE.

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