exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Supporting Families
38
Supporting Families
Paycom supports our employees as professionals, but we also give them the 
tools and resources necessary to be active, thriving members of their own 
growing families. At Paycom, we don’t simply say our people are our most 
valuable resource. We demonstrate this belief with a culture to help them 
overcome professional challenges and meet the many responsibilities of 
adding new members to their household.
All families need time to acclimate as they grow. Paycom offers paid family 
leave and leave for other family-related scenarios, including:
parental leave: To suppo
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Supporting Families
39
TEXAS
OKLAHOMA
MISSOURI
TENNESSEE
ALABAMA
GEORGIA
SOUTH CAROLINA
NORTH CAROLINA
VIRGINIA
PENNSYLVANIA
NEW YORK
NEW HAMPSHIRE
MASSACHUSETTS
CONNECTICUT
RHODE ISLAND
NEW JERSEY
DELAWARE
MARYLAND
WASHINGTON, D.C.
FLORIDA
KENTUCKY
OHIO
IOWA
ILLINOIS
WISCONSIN
MICHIGAN
MINNESOTA
MONTANA
IDAHO
OREGON
WASHINGTON
NEVADA
HAWAII
CALIFORNIA
ARIZONA
UTAH
WYOMING
COLORADO
Our Community
Charitable Giving
At Paycom, we believe in giving back to the communities where we live and 
work. We constantly exemplify our values “We care” and “We serve” through 
volunteering opportunities and charitable giving.
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Burpees for Vets
National Juneteenth Museum
Supporting Oklahoma Schools
Volunteering
40
Burpees for Vets
In 2023, Paycom participated in our second annual Burpees for 
Vets campaign. During this weeklong event, Paycom donated $1 
for every burpee completed by employees. Our teams surpassed 
expectations and raised $133,963 for Courage Foundation. 
Burpees for Vets is a national fitness challenge that raises funds 
and awareness for veterans transitioning out of military service. 
This donation was the largest in history for Courage Foundation 
and Burpees for Vets. It will help support Courage Foundation’s 
ho
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Burpees for Vets
National Juneteenth Museum
Supporting Oklahoma Schools
Volunteering
National Juneteenth Museum
In February 2023, we donated $50,000 to the National 
Juneteenth Museum in Fort Worth, Texas. As the epicenter for 
the preservation of Juneteenth history, the National Juneteenth 
Museum will be a collaborative space to foster conversations 
on the global significance of freedom and the celebration of 
Juneteenth worldwide. The museum is expected to open to the 
public in June 2025.
One of the key hallmarks of this cultural 
complex is to serve as the epicenter for 
the awareness and the preservatio
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Burpees for Vets
National Juneteenth Museum
Supporting Oklahoma Schools
Volunteering
42
Supporting Oklahoma Schools
We are proud to support public school programs across Oklahoma, 
including ReadOKC. This literacy program increases community access 
to books, with a mobile book bus where students can select texts to 
take home. We also supported local marching band programs to allow 
for increased student participation that would not have been possible 
without funding.
Just as Paycom values our workforce’s mental health, we care 
about the well-being of those in our communities. Paycom donated 
to several stu
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Burpees for Vets
National Juneteenth Museum
Supporting Oklahoma Schools
Volunteering
Volunteering
Paycom is proud of our involvement in our 
communities and continues to support them 
by offering opportunities for our employees to 
volunteer where they work and live. Employees 
have volunteered for homeless shelters, animal 
shelters, food banks, Special Olympics, foster 
care communities, The Salvation Army and Ronald 
McDonald House Charities. They also packed 
hundreds of cancer care packs for Tenaciously 
Teal and deployment packs for the USO during our 
Philanthropy Fair.
One of the most impactful volunte
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Burpees for Vets
National Juneteenth Museum
Supporting Oklahoma Schools
Volunteering
Our World
Environmental Impact
From the early stages of our company, Paycom 
has believed it is our responsibility to provide 
our clients with the best HR software in a way 
that minimizes our impact on the planet.
44
Letter From 
Our Co-CEOs
About This 
Report
Our Solution
Our Corporate 
Social 
Responsibility
Corporate 
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Electronic Recycling
Energy Use
Carbon Emissions
45
Electronic R
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Electronic Recycling
Energy Use
Carbon Emissions
46
Our recycling partner processed 64.72 tons of electronic 
assets for reuse and/or material recovery. As a result,
during the 2023 calendar year, Paycom reduced our 
environmental impact by:
180,427 lbs.
3,721 lbs.
43,715 lbs.
reduced greenhouse gas (GHG) emissions
diverted toxic metals 
recovered metals
Letter From 
Our Co-CEOs
About This 
Report
Our Solution
Our Corporate 
Social 
Responsibility
Corporate 
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Electronic
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Electronic Recycling
Energy Use
Carbon Emissions
Carbon Emissions
In 2023, we calculated Scope 1 and Scope 2 greenhouse gas emissions from our owned 
and operated facilities at the Oklahoma City and Grapevine corporate campuses. These 
facilities represent approximately 45% of the total square footage Paycom occupies. 
The remaining square footage is leased locations. We use the Greenhouse Gas Protocol 
to calculate our carbon emissions and follow recommendations from the Sustainability 
Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial 
Disclosures. As we grow, we will continue
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
Electronic Recycling
Energy Use
Carbon Emissions
49
Environmental Footprint of 
Hardware Infrastructure
TOPIC
ACCOUNTING METRIC
RESPONSE
ITEM CODE
Data Privacy and 
Freedom of Expression
Data Security
Recruiting and Managing a 
Global, Diverse and Skilled 
Workforce
Intellectual Property 
Protection and Competitive 
Behavior
Managing Systemic 
Risks From Technology 
Disruptions
(1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable
Please refer to the Our World: Energy Use section of this report for electricity consumption.
TC-SI-130a.1
Discussion of the integration of environment
Keyword: governance
Please refer to the Data Governance and Cybersecurity section of this report.
Any material monetary losses as a result of legal proceedings would be disclosed in our 2023 Annual Report on Form 10-K.
TC-SI-230a.2
Percentage of gender and racial/ethnic group representation for (1) 
management, (2) technical staff and (3) all other employees
Please refer to the Our People: Demographics at Paycom section of this report.
TC-SI-330a.3
TC-SI-220a.3
Total amount of monetary losses as a result of legal proceedings associated with anti-competitive 
behavior regulations 
Any material monetary losses as a result of legal proceedings would be disclosed in our 2023 Annual Report on Form 10-K.
TC-SI-520a.1
Description of business continuity risks related to disruptions of operations
Number
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
SASB Index
TCFD Index
50
We monitor energy use at owned locations and 
data centers.
Scope 1:  297 metric tons CO2e
Scope 2 (market-based): 0 metric tons CO2e
We monitor and report on our energy usage and 
carbon emissions at our owned locations and 
data centers. We use 100% renewable energy 
credits for our electricity use at our owned 
locations.
Renewable electricity use at Paycom-owned 
facilities increased from 9% of total electricity 
consumption in 2020 to 100% in 2022 and 
continued at 100% in 2023. 
Senior management is responsible for 
assessing, implementing and operating our risk 
management proce
Keyword: governance
Paycom is committed to providing transparency on our climate change risk management, governance and performance. We recognize the importance of sustainability and climate-
related initiatives as they relate to our business strategy. Climate-Related Financial Disclosures has developed voluntary, consistent climate-related financial risk disclosures for use 
by companies in providing information to stakeholders. Our response to the TCFD-recommended disclosures is below.
Governance
A) Board Oversight
Ultimate oversight for sustainability lies with 
the board. However, the board has delegated 
formal oversight of policies and programs on 
issues of social responsibility and environmental 
sustainability and the preparation and 
publication of the company’s corporate social 
responsibility report to the N&CG committee 
with additional top
Keyword: governance
Governance
Data 
Governance and 
Cybersecurity
Employee 
Benefits and 
Support
Our People
Our Culture
Our 
Community
Our World
Appendix 
Index
SASB Index
TCFD Index
Keyword: bribe
Anti-Bribery and Corruption Policy, and Raising 
Concerns and Non-Retaliation Policy. We extend our 
expectations to our suppliers and vendors through 
our Supplier Code of Conduct and standard terms 
and conditions.
Our compliance team manages our ethics program 
and shares progress with our Chief Executive Officer, 
Chief Financial Officer, and General Counsel quarterly. 
Additionally, our General Counsel provides program 
updates to the Audit and Finance Committee and 
the Governance Committee of our Board of 
Directors quarterly.
Anti-Bribery and Anti-Corruption
We compete based on our product and service 
quality, pricing, and reputation. We prohibit offering 
or accepting bribes or other unlawful payments to 
obtain new business or retain existin
Keyword: bribe
g business. Bribery 
is prohibited not just for Pentair employees, but also 
for third-parties that conduct business on our behalf. 
Our annual compliance training for active professional-
level employees contains a module on anti-bribery 
and anti-corruption.
ETHICAL BUSINESS PRACTICES
34 Due to publication timing, Pentair’s Conflict Minerals Report from calendar year 2022 is included. The Conflict Minerals Report for calendar year 2023 is planned for release in early summer 2024.
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
42
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
LABOR AND HUMAN RIGHTS
At Pentair, we are committed to conducting business 
w
Keyword: corruption
Anti-Bribery and Corruption Policy, and Raising 
Concerns and Non-Retaliation Policy. We extend our 
expectations to our suppliers and vendors through 
our Supplier Code of Conduct and standard terms 
and conditions.
Our compliance team manages our ethics program 
and shares progress with our Chief Executive Officer, 
Chief Financial Officer, and General Counsel quarterly. 
Additionally, our General Counsel provides program 
updates to the Audit and Finance Committee and 
the Governance Committee of our Board of 
Directors quarterly.
Anti-Bribery and Anti-Corruption
We compete based on our product and service 
quality, pricing, and reputation. We prohibit offering 
or accepting bribes or other unlawful payments to 
obtain new business or retain existing business. Bri
Keyword: corruption
and anti-corruption.
ETHICAL BUSINESS PRACTICES
34 Due to publication timing, Pentair’s Conflict Minerals Report from calendar year 2022 is included. The Conflict Minerals Report for calendar year 2023 is planned for release in early summer 2024.
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
42
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
LABOR AND HUMAN RIGHTS
At Pentair, we are committed to conducting business 
with absolute integrity, which includes the protection 
of human rights and fair labor practices within our 
own operations and value chain. As a global company, 
Pentair is committed to complying with applicable 
international laws, regulat
Keyword: corruption
GRI 205: ANTI-CORRUPTION 2016
3-3 
Management of material topics
-
-
-
-
-
Governance: Ethical Business Practices
Governance: Labor and Human Rights
2023 Annual Report on Form 10-K
205-2 
Communication and training about 
anti-corruption policies and procedures
-
-
-
-
-
Governance: Ethical Business Practices
Governance: Labor and Human Rights
2023 Annual Report on Form 10-K
GRI 206: ANTI-COMPETITIVE BEHAVIOR 2016
3-3 
Management of material topics
-
-
-
-
-
Pentair Code of Business Conduct and Ethics
GRI 207: TAX 2019
3-3 
Management of material topics
-
-
-
-
-
2023 Annual Report on Form 10-K
Pentair UK Tax Strategy
207-1 
Approach to tax
-
-
-
-
-
2023 Annual Report on Form 10-K
Pentair UK Tax Strategy
DISCLOSURE 
METRIC
2019
2020
2021
2022
2023
RESPONSE
3 Deno
Keyword: tax
professional societies, industry groups, and other tax-
exempt organizations. These organizations dialogue 
with government officials and other key stakeholders on 
industry-relevant issues. Pentair may not always share 
the views of its industry peers and associations and, in 
certain circumstances, may choose to not participate 
in industry and trade group-related activities. Pentair 
will voluntarily disclose the portion of payments that 
major US‐based trade associations and other tax-
exempt organizations report to the company as being 
used for political activity purposes where payments 
are $50,000 or greater. Please refer to Pentair’s 2023 
Political Contributions Reporting for more information. 
CORPORATE ASSOCIATIONS AND CONTRIBUTIONS
ABOUT THIS
REPORT
In this section:
	 Scope
	 Mate
Keyword: tax
no US-based trade association or other tax-
exempt organization to which Pentair made a 
payment of $50,000 or more in 2022 reported 
to Pentair that any portion of that payment 
was used for political activity purposes. See 
Pentair’s 2022 Political Contributions Reporting 
for more information.
FEEDBACK
We recognize the dynamic nature of social responsibility 
risk and disclosure and the associated financial 
implications. We believe organizations that understand 
their social responsibility risks and proactively 
incorporate them into their holistic business strategy 
are well-positioned for success, sustainability, and 
future growth. This report can be used to demonstrate 
commitment to social responsibility and to measure 
and compare performance over time. We intend 
to cont
Keyword: tax
GRI 207: TAX 2019
3-3 
Management of material topics
-
-
-
-
-
2023 Annual Report on Form 10-K
Pentair UK Tax Strategy
207-1 
Approach to tax
-
-
-
-
-
2023 Annual Report on Form 10-K
Pentair UK Tax Strategy
DISCLOSURE 
METRIC
2019
2020
2021
2022
2023
RESPONSE
3 Denotes employees covered by manufacturing labor collective bargaining agreements (including works council employee representation) as a percent of total Pentair population.
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
54
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
207-2 
Tax governance, control, and risk 
management
-
-
-
-
-
2023 Annual Report on Form 10-K
Pentair UK Tax Strategy
G
Keyword: governance
GOVERNANCE. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  39
SOCIAL RESPONSIBILITY GOVERNANCE 
AND RISK MANAGEMENT..........................................................40
ETHICAL BUSINESS PRACTICES................................................ 41
LABOR AND HUMAN RIGHTS..................................................... 42
INFORMATION SECURITY AND DATA PRIVACY............................ 43
CORPORATE ASSOCIATIONS AND CONTRIBUTIONS................... 45
ABOUT THIS REPORT . .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  46 
SCOPE...................................................................................... 47
MATERIALITY....................................................................
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
LIVING OUR PURPOSE
As a purpose-driven company, we are energized 
each day by the positive impact we can make in 
creating a better world for people and the planet 
through smart, sustainable water solutions. 
Pentair’s sustainability and social responsibility 
strategy is aligned with our business strategy to help 
drive long-term value for our stakeholders while we 
reduce our impact on the environment. Through our 
three business segments, we are well-positioned to 
solve some of the world’s toughest water challenges: 
Pentair Flow delivers solutions to move water where 
it’s needed and removes water from where it’s not 
wanted; Pentair Water Solutions helps improve 
MAKING BETTER ESSENT
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
3
FROM OUR LEADERSHIP
ABOUT PENTAIR
At Pentair, we help the world sustainably move, improve, and enjoy 
water, life’s most essential resource. From our residential and 
commercial water solutions to industrial water management and 
everything in between, Pentair focuses on smart, sustainable water 
solutions that help people and the planet thrive.
In this section:
	 Who We Are
	 What We Do
	 Company Overview
Photo Credit:
John Stauch, President and CEO
4
To create a better world for people and 
the planet through smart, sustainable 
water solutions.
OUR PURPOSE
We help the world sustainably move, improve, 
and enjoy water, life’s most essential r
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
5
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
WHO WE ARE
MOVE WATER:
PENTAIR FLOW
IMPROVE WATER:
PENTAIR WATER SOLUTIONS
ENJOY WATER:
PENTAIR POOL
We optimize the flow of essential resources 
to enhance communities and industries, while 
protecting people, property, and the future of 
our planet.
Revenue: $1.6B
We provide solutions that improve our 
customers’ confidence in their water while 
also reducing environmental impact.
Revenue: $1.2B
We enable sustainable wellbeing with our 
innovative energy-efficient pool solutions.
Revenue: $1.3B
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water so
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
6
WHAT WE DO
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
WHERE WE OPERATE
FACILITIES OVERVIEW
RESEARCH AND DEVELOPMENT
TOTAL NUMBER OF PATENTS GRANTED
TOTAL NUMBER OF PATENTS PENDING
RESEARCH AND 
DEVELOPMENT COSTS
RESEARCH AND DEVELOPMENT 
COSTS AS % OF NET SALES
10,578 
EMPLOYEES
IN 27 COUNTRIES
>8,000,000 
SQUARE FOOTAGE
LONDON, UK
GLOBAL HEADQUARTERS
GOLDEN VALLEY, 
MINNESOTA
MAIN US 
MANAGEMENT OFFICE
IRELAND
JURISDICTION OF 
INCORPORATION
17
40
27
41
MANUFACTURING 
SITES
DISTRIBUTION/
WAREHOUSES
OFFICES
3
SERVICE 
CENTERS
RESEARCH AND 
DEVELOPMENTSITES1
863
231
$99.8M
2.4%
128
TOTAL SITES
 1 Research and Development sites, although reported separately above, are regarded as offices
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
7
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
COMPANY OVERVIEW
MAKING BETTER
ESSENTIAL
Pentair recognizes its responsibility and opportunity as an employer, a 
member of our community, and a part of the global economy in Making 
Better Essential. We are focused on advancing social responsibility 
and sustainability while driving future growth and value for our 
shareholders, employees, customers, and communities.
In this section:
	 2023 Social Responsibility Highlights
	 Social Responsibility Progress
	 Strategic Targets Progress Highlights
	 Materiality Assessments
Photo Credit:
Marco Calatroni, Water Solutions Value Stream Manager
8
$1.85 million invested in the community
by Pentair and
Keyword: governance
GOVERNANCE
America’s Greenest 
Companies 2024 – 
Newsweek, in partnership 
with Plant-A Insights Group 
and GIST Impact
Minneapolis St. Paul 
Business Journal – 2023 
Sustainability Award, 
Minnesota Manufacturing 
Awards
ENERGY STAR® 2023  
Partner of the Year – 
Sustained Excellence 
Award
2024 Real Leaders – 
Most Innovative Model 
Award
Named to America’s 
Best Large Employers 
2024 list by Forbes and 
Statista, Inc.
Business Intelligence Group – 
2023 Sustainability Service of 
the Year Finalist
2 Manitowoc Ice is referred to as Manitowoc in this report.
3 Based on cumulative sales of Pentair’s brands meeting this definition from 2021-2023. 
4 Based on the total sales of ETi® High-Efficiency Pool and Spa Heaters and ENERGY STAR® rated Pentair po
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
9
2023 SOCIAL RESPONSIBILITY HIGHLIGHTS
 	 Received first Environmental 
Protection Agency ENERGY 
STAR® Partner of the Year Award 
for our high-efficiency pool 
pumps (2013)
 	 Implemented first site-level 
environmental treasure hunts 
to find efficiencies in energy and 
water as well as to reduce waste 
and emissions (2015)
 	 Released first corporate
responsibility report, with 
reference to the Global Reporting 
Initiative (2016)
 	 Separated our Water and 
Electrical businesses into two 
industry-leading public companies 
with the water business retaining 
the Pentair name and ticker 
symbol PNR (2018)
2010–2019
 	 Acquired Wicor Industries, 
enhancing the company’s presence 
in the w
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
10
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
SOCIAL RESPONSIBILITY PROGRESS
8 Our product sustainability scorecard analyzes five impacts from a product’s lifecycle – water use, energy use, GHG emissions, resource use efficiency, and material health – and incorporates an assessment of these impacts as part of new product design.
9 Physical products only.
10 Leadership is defined as director level or above.
 	 Achieving an inclusive and diverse workforce and leadership team that 
embraces the communities in which we live, work, and serve, with a 
specific focus on increasing women in leadership10 positions globally 
and people of color (“POC”) r
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
11
STRATEGIC TARGETS: PROGRESS HIGHLIGHTS
In 2020, Pentair conducted its first social responsibility materiality assessment, leading to the development of our 
Social Responsibility Strategic Targets. We have been executing on these strategic targets since their launch in 2021.
In 2023, we conducted a double materiality assessment in alignment with the European Union (“EU”) Corporate 
Sustainability Reporting Directive (“CSRD”)11 to determine matters material to Pentair, considering the European 
Sustainability Reporting Standards (“ESRS”) guidance and the Pentair business. Our assessment included the three 
steps noted below and provided input into our planning for upcoming disclosure requ
Keyword: governance
Environmental, Social, and Governance
MATERIALITY STATS
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
12
MATERIALITY ASSESSMENTS 
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
 	 Developed a universe 
of matters 
 	 Mapped the matters along 
Pentair’s value chain
 	 Engaged Pentair employees, 
investors, suppliers, and 
customers to identify current 
and potential impacts, risks, 
and opportunities (“IROs”) 
related to the matters
 	 Considered Pentair’s impact 
on the environment and 
people, and the potential 
financial effects on Pentair
 	 Scored the IROs based on a 
defined scoring methodology
 	 Engaged select stakeholders, 
including Pentair’s executive 
leaders
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
14
Pentair strives to create a better world for people 
and the planet through smart, sustainable water 
solutions. We innovate with sustainability in mind, 
aiming to create products and solutions that improve 
efficiency and reduce environmental impact.
In 2023, we further embedded sustainability into 
our innovation processes. We reviewed our product 
sustainability approach for applicability to our diverse 
product portfolio and business segment strategies and 
provided appropriate resources for our engineering 
teams. Our focus on sustainable solutions within our 
business segments is described within the Move Water, 
Improve Water, and Enjoy Water sections of this report.
Pentair is p
Keyword: governance
progress quarterly to the Governance Committee 
and our Board of Directors at least annually.
PRODUCT DESIGN FOR SUSTAINABILITY
Pentair Flow Overview
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
15
MOVE WATER
Our smart, sustainable solutions move water to enhance communities and industries, while protecting people, 
property, and the future of our planet. We help optimize the flow of water and other essential resources in 
customer-critical applications.
	 We provide home professionals with reliable home water supply and disposal solutions ensuring homeowners 
have access to clean water, can dispose of water, and can help protect their homes from flooding
	 We aid i
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
16
Photo Credit:
Alex Wang, Innovation Project Leader, 
Water Circularity
The Pentair Xcentric Impeller is our innovative wastewater pump that helps solve the persistent problem of clogging from fibrous solids. Clogged pumps are a major issue as 
they require the pump to be shut down and cleaned manually. The Pentair team solved this critical customer problem with the creation of the Xcentric Impeller. Its bladeless 
design operates at over 85% energy efficiency to lower the lifecycle cost of the system, in addition to significantly reducing clogs.20
Pentair provides products using the hollow fiber membrane technology in the dairy industry to split milk into casein and whey protein fraction
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
17
Pentair Flow Innovation Highlights
MOVE WATER
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
Pentair Water Solutions Overview
Pentair Water Solutions is inspired to help the world sustainably improve water, life’s most essential resource. 
We provide solutions that improve our customers’ confidence in their water while reducing environmental impact.
	 Building water confidence with solutions to reduce unwanted contaminants 
	 Continuing to help minimize plastic waste from single-use plastic water bottles 
	 Extending the life of water-using appliances 
	 Helping restaurants, coffee shops, and hotels provide guests with great-tasting water and ice while 
reducing environmental impact
To cre
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
18
IMPROVE WATER
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
Water and Beverage Equipment Service
KBI is Pentair’s nationwide service 
network that offers comprehensive water 
and beverage equipment services to 
maximize uptime, maintain predictable 
operating costs, and extend the life of 
water-using equipment.
Commercial Ice Solutions
Manitowoc offers premier ice equipment 
that is engineered for ease and known 
for reliability, sanitation, and efficiency. 
Manitowoc is also a key contributor to 
ENERGY STAR® Partner of the Year award 
winners for 15 consecutive years.
Food Service Water Filtration
Our filtration systems are 
designed to extend the life 
of water-using equipment 
and cr
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
19
Pentair Water Solutions Products and Solutions
IMPROVE WATER
Photo Credit:
Shucita Jain, Administrative Assistant
Manitowoc’s innovative Indigo NXT ice machine is the only programmable ice machine available that lets the user determine how much ice to make and when. This feature 
can lower energy costs by making ice only when needed and avoiding peak energy rates. Continuing our tradition of continuous improvement and sustainable innovation, 
Indigo NXT is also up to 43% more energy-efficient than previous Indigo models.22
Our Everpure EZ-RO system reduces contaminants and protects equipment with an all-in-one, simple design. This high-efficie
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
20
Pentair Water Solutions Innovation Highlights
IMPROVE WATER
Pentair Pool Overview
Pentair Pool is driven to help people sustainably enjoy water, life’s most essential resource. Our solutions include 
industry-leading pumps, automation, lighting, heating, and filtration technology that help our customers enjoy a 
smarter and more sustainable pool.
	 Recognized industry leader in energy efficiency – history of innovation in pump, lighting, and heating products 
designed to reduce energy consumption
	 Our solutions bring family and friends together to build social connections, create lifelong memories, and help 
promote fitness and enjoyment
	 Pi
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
21
ENJOY WATER
ENJOY WATER
Pentair Pool Products and Solutions
Pool Automation
Monitor and control pool 
equipment remotely at peak 
efficiency, including pH and 
sanitizer performance, for 
peace-of-mind pool management.
Pool Filtration
Our selection of pool and spa 
filters come in a wide range of 
designs to provide confidence 
in the clarity and quality of the 
pool water.
Pool Lighting
Refining the nighttime 
pool experience with 
high-quality, energy-
efficient, and innovative 
lighting for brighter, more 
evenly lit pools. 
Pool Heating
Help save energy with 
our energy-efficient 
pool heaters featuring 
fast warm-up and 
easy automation.
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
22
The IntelliCenter® Pool Control System is the flagship pool automation system by Pentair which helps make pool management easy with centralized control for multiple 
pool devices. Pool professionals and owners can monitor system health remotely, reducing unneeded service trips and enabling proactive maintenance. The IntelliCenter® 
system allows the user to program heating during off-peak hours and can be connected to solar water heating systems. In 2023, Pentair released the IntelliCenter® Lite 
System that brings automation and remote monitoring benefits to less complex pool equipment pads. In addition, Pentair offers IntelliCenter® upgrade
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
23
ENJOY WATER
Pentair Pool Innovation Highlights
Pentair recognizes that reducing our impact on the 
environment is essential to making life better for 
people and the planet. We are committed to reducing 
our GHG emissions through energy efficiency and 
electrification of our global operations, as well as 
through strategic use of renewable energy.
In 2023, we transitioned our carbon reduction strategy 
from a site-specific to enterprise-wide approach. 
We began integrating our low-carbon transition plan 
into our lean operational playbook, as we believe 
embedding emission reduction efforts across our 
operations is key to achieving our goal.
Keyword: governance
reporting progress quarterly to the Governance 
Committee and our Board of Directors at least annually. 
Strategic Target
Pentair is committed to the transition to a low-carbon economy through reducing our 
emissions. Our strategic targets of reducing our GHG emissions by 50% from a 2019 
baseline by 2030 and our aim to achieve carbon neutrality by 2050, in each case 
relating to Scope 1 and 2 GHG emissions, were developed using tools by the 
Science Based Targets initiative and in alignment with the Intergovernmental 
Panel on Climate Change 1.5° C scenario.
2023 Progress
Our total Scope 1 and 2 GHG emissions decreased 
30.9% compared to the 2019 baseline.
PROGRESS TOWARDS OUR 2030 GHG STRATEGIC TARGET
2019
30,000
0
60,000
90,000
120,000
150,000
2020
2021
2022
2023
Path to Achieve
202
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
24
CLIMATE AND GREENHOUSE GAS EMISSIONS
In 2023, Pentair partnered with an external 
consultant to conduct energy efficiency audits 
at five high-impact sites. We expect the audits 
to drive significant impact in efficiency and 
electrification at the sites as projects are 
implemented. Additionally, we plan to use the 
opportunities identified to bolster our energy 
efficiency guidelines, create a project pipeline 
for our manufacturing sites across the enterprise, 
and set a standard for any future sites.
E N E R G Y  E F F I C I E N C Y  A U D I T S
N E W  U K  S I T E  S U P P O R T S 
A  L O W E R  C A R B O N  F U T U R E
Four sites utilize
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
25
CLIMATE AND GREENHOUSE GAS EMISSIONS
Making the most of water, life’s most essential 
resource, is at the core of our business. Pentair is 
committed to implementing water conservation 
activities throughout our operations, integrating 
both water use and water risk considerations in 
our decisions.
In 2023, we made significant progress towards 
reducing our water withdrawal by identifying and 
executing water reduction and reuse projects as 
well as realizing savings from the prior year. This 
includes, but is not limited to, leak repairs, improving 
water recovery from reverse osmosis (“RO”) 
systems, and reusing water from product testing.
Keyword: governance
reporting progress up to the Governance Committee 
quarterly and our Board of Directors at least annually.
Strategic Target
Water stewardship is an important focus for the Pentair business. Pentair 
is targeting a 30% reduction in absolute water withdrawal from a 2019 
baseline by 2030.
2023 Progress
Our absolute water withdrawal decreased 22.9% compared 
to the 2019 baseline, an improvement of ~22% percentage points 
as compared to 2022.
PROGRESS TOWARDS OUR 2030 WATER WITHDRAWAL STRATEGIC TARGET
2019
30,000
0
60,000
90,000
120,000
150,000
180,000
210,000
240,000
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Year
Gallons (in thousands)
Path to Achieve
Target
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
27
WATER STEWARDSHIP
Photo Credit:
Jill Barthel, 
Demand Marketing Specialist
Pentair’s diverse global manufacturing processes 
utilize various types of raw materials. Our waste 
program seeks to reduce non-hazardous and 
hazardous waste generation and maximize reuse 
and recycling opportunities across our enterprise. 
Our focus areas in 2023 included site engagement, 
compliance training, and strengthening our 
program foundation.
In 2023, we released a new global waste management 
procedure that is supported by various site-specific 
operating processes. As part of our operational 
strategy, each site is responsible for identifying 
ways to bet
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PENTAIR 2023 CORPORATE RESPONSIBILITY REPORT
28
WASTE
PEOPLE
We believe that making a positive impact on people is essential. 
This includes supporting employee professional growth, diversity, 
wellbeing, and safety. It also extends to our value chain through our 
supplier partnerships, commitment to product quality, and positive 
impacts on the communities where we operate.
In this section:
	 Talent
	 Diversity, Equity, and Inclusion
	 Employee Health and Wellness
	 Occupational Health and Safety 
	 Supply Chain
	 Product Quality
	 Community Impact
29
In April 2023, Pentair held its first Career 
Development Week for employees. The event 
consisted of speakers and training sessions 
on var
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
Pentair is committed to building a high-performing, 
diverse, and passionate workforce that is inspired to 
help our customers move, improve, and enjoy water. 
In 2023, as part of our ongoing talent program, Pentair 
continued to build experiences that energize our 
employees around our purpose and develop skilled 
teams. To accomplish this, our talent program centers 
on five key pillars:
	 Attraction and Recruitment
	 Diversity, Equity, and Inclusion
	 Talent Development
	 Employee Engagement
	 Driving Performance
During our hiring process, Pentair focuses on fit for 
the role, fit for the company, and fit for the employee, 
and strives to meet all three elements to build a high-
performi
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
DIVERSITY, EQUITY, AND INCLUSION
Pentair’s commitment to Diversity, Equity, and 
Inclusion (“DEI”) is part of living our Win Right values. 
An inclusive and diverse workforce contributes 
different perspectives and innovative ideas that 
enable us to improve every day.
In 2023, we furthered our focus on the four foundational 
pillars that form the basis of our multi-year DEI strategy:
	 Workplace Inclusion: Create a culture of 
inclusion and equity where individual differences 
and similarities are valued and utilized
	 Workforce Diversity: Attract, engage, and 
develop the best talent
	 Community: Foster a positive reputation 
in the community
	 Marketplace: Leverage inclusion and diversit
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
	 Founded in: 2022
	 # of Members: ~100
	 Highlight Event: 
Participated and walked 
in the Minnesota Twin 
Cities Pride Parade and hosted an external 
transgender author and speaker for a 
discussion on gender identity
	 Founded in: 2020
	 # of Members: ~60
	 Highlight Event: 
Hosted a Minnesota 
Timberwolves and Lynx event to educate 
the Pentair and Timberwolves/Lynx 
communities on challenges Black employees 
encounter in their career journeys and how 
to provide support and allyship
	 Founded in: 2023
	 # of Members: ~120
	 Highlight Event: Global 
launch and release of an 
audio series called 
“Soundwaves” dedicated to providing 
members development resources which can 
inspire person
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
At Pentair, we understand the long-term advantages of 
offering comprehensive benefits to help our employees 
achieve a healthy balance at work and in life. 
In 2023, we implemented a new program in the US 
through Hinge Health to help with musculoskeletal 
disorders to support our workforce. We also partnered 
with Pentair’s business resource groups on various 
health initiatives such as breast cancer awareness and 
mental health. 
Our standard benefit offerings are available to all full-
time employees but may vary due to country regulations 
or collective bargaining agreements. While these 
programs vary by country, we make sure to provide 
competitive benefits packages in compliance wit
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
At Pentair, safety is our overriding priority. Creating 
a culture of working safely requires proper training 
and resources and a commitment to reducing and 
eliminating hazards using a hierarchy of controls. We 
empower our employees to speak up, exercise stop 
work authority, and proactively address risks. 
In 2023, we expanded our environmental, health, 
and safety (“EHS”) program through enhancement 
of three initiatives:
	 Stop-Call-Wait: This program empowers 
employees to stop work and trigger immediate 
action when an unsafe condition is identified.
	 Eight Golden Rules: These rules are foundational 
expectations that apply to everyone performing 
work at Pentair sites. To facilita
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
At Pentair, our dedication to Making Better Essential 
extends to our partners who help us build sustainable 
products throughout our global supply chain. We are 
working to achieve a more responsible and resilient 
supply chain by embedding ESG aspects into our 
supply chain strategy and through our 
transformation efforts.
In 2023, Pentair’s supply chain program focused on 
executing against our supply chain transformation 
efforts. Our goals are to drive standardization across 
commodities, reduce complexity, and build beneficial 
partnerships between Pentair and our suppliers. We 
also focused on supply chain stability to continuously 
deliver to our manufacturing sites. 
In 2023, our s
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
PRODUCT QUALITY
Product quality is a top priority at Pentair that we 
incorporate into our product development process 
and beyond, including from initial research to 
manufacturing to installment and service.
Pentair’s quality management system focuses on 
consistent product and service quality, customer 
satisfaction, and continuous improvement. Our Quality 
Management System Playbook contains information 
on our Quality Policy, systems, processes, and maturity 
assessment and applies to all sites globally. In 2023, 28 
sites achieved ISO9001 certification (approximately 66% 
of manufacturing sites). 
Once a product is available to customers, we continue 
to monitor quality through custom
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
Pentair and the Pentair Foundation work 
together to make a difference in our communities 
through various grant making programs as 
well as through Team Pentair, our employee-
led volunteerism and giving program. 
In 2023, the Pentair Foundation launched an updated 
strategic plan and mission to further amplify its 
impact in our focus areas of water, education, and 
community. The mission of the Pentair Foundation 
is to support and advance inclusive and sustainable 
communities by investing in the availability, quality, and 
enjoyment of water and by increasing the participation 
of youth and young adults in Science, Technology, 
Engineering and Math (“STEM”) education. Specifically 
in
Keyword: governance
ABOUT PENTAIR            MAKING BETTER ESSENTIAL            PLANET            PEOPLE            GOVERNANCE            ABOUT THIS REPORT            ESG INDEX
COMMUNITY IMPACT
EDUCATION
We support organizations working to increase access to 
educational opportunities for underserved communities 
in developing countries. We invest in creating the next 
generation of STEM leaders through STEM educational 
programs in communities where Pentair operates.
Project Scientist
In 2023, Pentair partnered with Project Scientist, a 
Pentair Foundation grant recipient, that works with 
girls ages four through 12 from under-resourced 
communities to demonstrate career possibilities in 
STEM fields for our third consecutive summer. Pentair 
hosted summer expeditions at our office in Golden 
Valley, Minnesota and Pool Innovation Center in Apex, 
North Carolina i
Keyword: governance
GOVERNANCE
Pentair’s governance practices set the foundation for how we 
make life’s most essential resource better for people and the 
planet. Together with our Win Right values, these principles guide 
the decisions we make and the actions we take that impact our 
employees, communities, partners, customers, and the world in 
which we live.
In this section:
	 Social Responsibility Governance and Risk Management
	 Ethical Business Practices
	 Labor and Human Rights
	 Information Security and Data Privacy
	 Corporate Associations and Contributions
Photo Credit:
Karla Robertson, Executive Vice President, General Counsel, Secretary, and Chief Social Responsibility Officer
39
33 Includes Middle Eastern, Black/African American, Asian, and two or more rac