exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
48CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
OUR PEOPLE
FY’22 WORKFORCE HIGHLIGHTS16
“It is important to recognize the 36Gender +64+A 44Minority Status +56+A
potential in every human being.
It is important to involve everyone,
and to make everyone a confident,
contributing member of the team.”
44.2%
35.7%
Dick Farmer, The Spirit Is The Difference Self-Reported
Women
Minority
Dick Farmer’s philosophy continues to inform our
approach to our employee-partners: one that prioritizes
our employee-partners’ needs, incentivizes their
success, and supports their ongoing development. We
do this with a keen eye on consistency and fairness.
Our management system helps guide and inform our
interactions with our people and those with whom we
Women Men Self-Reported Self-Report
do business
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TRUSTING, RESPECTFUL, AND SHARING IN OUR SUCCESS ASSOCIATIONS AT CINTAS
SUPPORTIVE MANAGEMENT Because we value our employee-partners and their We recognize and respect the principles of freedom
Our management philosophy is based on managers contributions to our collective success, we share our of association and our employee-partners’ right to
and supervisors interacting with our employee-partners accomplishments with them. We collectively enjoy collective bargaining in accordance with applicable
every day. We expect our managers to walk around our ownership in the company we’ve helped grow through national laws. We adhere to the protocols established
locations, talk with our employee-partners daily, and our Employee Stock Ownersh
Keyword: governance
50CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
HUMAN RIGHTS STANDARDS AND REQUIREMENTS HOURS AND WAGES
In our Vendor Code of Conduct, we support the United We require that workers be paid at least the legal
Nations and the various legal entities’ requirements minimum wage. While we understand that overtime is
Cintas respects the value and worth of all human beings. and laws that establish and promote the fair treatment occasionally necessary to meet production demands,
We pride ourselves on our Corporate Culture, and our of all people. Further, this responsibility doesn’t just workers must be allowed a reasonable amount of time
position on human rights throughout our value chain is fall on Cintas and its employee-partners: we have the off from their duties to afford humane and
Keyword: governance
51CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
Additionally, in FY’21, we identified Global Supply Chain
Suppliers who have been known to conduct business
in China and the Eastern Hemisphere. We required
them to attest that they do not work with or source
from vendors or suppliers in China’s Xinjiang Uygur
Autonomous Region.
COLLECTIVE BARGAINING
We respect our employee-partners’ rights to collective
bargaining and association. We believe workers must
have the right to make an informed decision on these
matters; have the right to free, fair, and government-
supervised elections; and to not be subject to
representation that has been adopted unilaterally.
We expect our Global Supply Chain Suppliers to also
uphold their workers’ freedom of association and their
rights to organize
Keyword: governance
52CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DIVERSITY, EQUITY Fundamentally, we want our workforce to reflect the
communities in which we do business. We believe this
RECOGNITION FOR OUR EFFORTS
leads to ideas, solutions, and improved outcomes that
& INCLUSION
better serve our customers, shareholders, and other In recent years, our efforts to promote a diverse
stakeholders in the long term. workforce have been recognized with a host of
awards and honors, including:
We seek to foster a diverse workplace where employee- Having a broad range of experiences to lean on also
partners of different backgrounds can come together helps us enter new markets and gain new customers. • Forbes’ “America’s Best Employers
to identify and champion opportunities, all while Our diverse workfor
Keyword: governance
53CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
Recruiting Strategy underrepresented groups. We also have implemented The holistic review of our DEI strategy helped identify
a new process to further support employee-partners new opportunities for these groups. Each group
We have created a new recruiting structure that places
following promotion and transfer interviews, which transitioned its leadership, and the groups were all
additional emphasis on identifying and recruiting
provide beneficial feedback and action plans to help assigned goals intended to help better support their
potential employee-partners from underrepresented
better position them for future opportunities. members’ professional development. This was achieved
demographics and experiential groups. This work has
Keyword: governance
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WORKFORCE DATA
CINTAS CINTAS FY’21 FY’22
CORPORATION FY’21 PCT FY’22 PCT CORPORATION PCT PCT
Employee-Partners23 EEO-1 Demographic Breakdown of U.S. Workforce24
Total 40,099 100% 42,693 100% White 57.3% 55.8%
Men 25,723 64.1% 27,471 64.3% Hispanic/Latin 21.1% 21.7%
Women 14,376 35.9% 15,222 35.7% Black/African American 14.5% 15.2%
Employment Type Asian 4.1% 4.0%
Total Full-Time 39,814 99.3% 42,445 99.4% Two or More Races 2.4% 2.5%
Full-Time Men 25,565 63.8% 27,338 64.0% Native American/Alaskan 0.4% 0.4%
Full-Time Women 14,249 35.5% 15,107 35.4% Pacific Islander/Hawaiian 0.4% 0.4%
Total Part-Time 285 0.7% 248 0.6%
Part-Time Men 158 0.4% 133 0.3%
Part-Time Women 127 0.3% 115 0.3%
Age Group Breakdown
Under 30 8,115 20.2% 8,689 20.4%
Keyword: governance
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TALENT EXPANDING OUR TEAM ATTRACTING THE BEST TALENT
We’ve invested heavily in our talent pipeline and To maintain our competitive advantage and generate
RECRUITMENT have created many new full-time jobs to support our a diverse and qualified applicant pool, we post our
company’s ongoing and forecasted growth. During positions both internally and externally across career
FY’22 alone, we expanded our workforce by 6.29%, sites, job boards, and social media platforms. To
AND RETENTION
finishing the year with almost 43,000 employee-partners. support our general hiring efforts, we expanded our
recruiting efforts by hiring a team of in-house recruiters
As we continue to grow, we understand the need
to specifically target various roles an
Keyword: governance
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ON-CAMPUS RECRUITING INTERNAL RECRUITING PROFESSIONAL
We use a broad on-campus recruiting network for some Our organizational structure presents opportunities for DEVELOPMENT PHILOSOPHY
of our positions, including our Management Trainee and employee-partners to pursue new work experiences We offer a flexible path to a long-term meaningful
undergraduate internship programs. We’ve fostered while remaining Cintas employee-partners. Aligning career. We call this our “career jungle gym.” This
relationships with many colleges and universities around with our strong desire to promote from within whenever distinguishes Cintas from other companies.
the United States and Canada – including HBCUs and possible, individuals can apply for open
Keyword: governance
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WORKFORCE RECRUITMENT DATA WORKFORCE RETENTION DATA
CINTAS CINTAS
CORPORATION FY’22 PCT CORPORATION FY’22 PCT
New Hires: By Gender Turnover Performance: By Gender
Total New Hires 14,933 35.0% Total Turnover 11,274 26.4%
Men 9,728 22.8% Men 7,322 17.1%
Women 5,205 12.2% Women 3,952 9.3%
New Hires: By Age Total Turnover Performance: By Age
Under 30 5,688 38.1% Under 30 3,624 32.1%
Men Under 30 4,082 27.3% Men Under 30 2,511 22.3%
Women Under 30 1,606 10.8% Women Under 30 1,113 9.9%
30–50 7,123 47.7% 30–50 5,914 52.5%
Men 30–50 4,634 31.0% Men 30–50 3,934 34.9%
Women 30–50 2,489 16.7% Women 30–50 1,980 17.6%
Over 50 2,122 14.2% Over 50 1,736 15.4%
Men Over 50 1,012 6.8% Men Over 50 877 7.8%
Women Over 50 1,110 7.4% Women Over 50 859
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58CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
COMPENSATION PAY EQUITY Our latest annual review continued to confirm that our
compensation practices pay our employee-partners
Cintas will continue to be an equal opportunity
equally. This includes the consideration of related
AND BENEFITS employer. We aim to develop a workforce of diverse
factors like position, experience, education and
talent, and we reward our associates equitably. All
training, Cintas tenure, and geographic location, and
personnel decisions, including those relating to pay, are
applies regardless of gender, race, ethnicity, or other
made without regard to race, religion, color, veteran
Cintas is proud to offer a competitive, robust
identifying characteristics.
status, national origin, citizenship, gender, sex
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EXECUTIVE COMPENSATION COLLECTIVE REWARDS FOR • Health insurance plans, including medical,
prescription drug, dental, and vision components
Our executive compensation plan is designed to COMPANY PERFORMANCE
support the company’s Principal Objective to exceed Our compensation plan rewards our employee-partners • The Partners’ Plan, including retirement savings
our customers’ expectations by maximizing the long- for the company’s overall financial performance and options with a company match, and other
term value of Cintas for its shareholders and working health. The company has established a robust retirement company contributions
employee-partners. The Compensation Committee savings and investment program – The Partners Plan –
• R
Keyword: governance
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Our employee-partners can reduce their health PARTNERS PLAN AND
insurance contributions by participating in confidential
RETIREMENT SUPPORT
annual personal health evaluations and health screening,
Our employee-partners are eligible for The Partners
including basic preventive blood tests.
Plan, a three-part retirement program including a
For many years, we’ve offered our Live Well program traditional 401(k) investment account, ESOP, and profit
and encouraged our employee-partners to make sharing. After three months of service, all employee-
progress on their health and wellness journeys. The partners are automatically enrolled in our 401(k)
company provides a free annual biometric screening, program. Employee-partners can adjust th
Keyword: governance
61CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DEFINED-BENEFIT PROGRAMS The company provides an additional seven paid OTHER BENEFITS
holidays (office closures) to U.S.-based employee-
A select number of our employee-partners covered by Cintas provides a host of other benefits, including basic
partners and a minimum of seven paid holidays for
collective bargaining agreements have other retirement life/accidental death and dismemberment (AD&D)
Canada-based employee-partners, including New Year’s
programs in place that Cintas supports, including a insurance to all employee-partners at no cost, as well
Day and Christmas Day. In the United States, Memorial
defined benefit plan that requires employer-partner as voluntary life/AD&D insurance, spouse life/AD&D
Day, Fourth of July, Lab
Keyword: governance
62CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
PERFORMANCE Managers have access to a wide selection of Hourly Partners
developmental tools and resources to help employee-
Hourly employee-partners and their managers
partners improve in many different areas of leadership
AND must also meet annually to review the employee-
and other skills, including emotional intelligence,
partners’ performance, as well as ongoing goals
public speaking, delegation, and conflict resolution.
and expectations.
ADVANCEMENT
The performance review process also serves as a
These discussions also include conversations around
platform for potential compensation adjustments
compensation changes, as well as the employee-
through merit increases, market adjustments,
Our business relies on the passion, exper
Keyword: governance
63CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
SUCCESSION PLANNING our annual review process and succession planning preferences, including their willingness to relocate
help identify skill and knowledge opportunities. for a new role. This gives managers and supervisors
Succession planning is an integral part of our business
For the company, the results of this comprehensive deeper insight into employee-partners already within
that happens at every level of our company as part of
process factor into both short- and long-term training the company as positions open or promotions or role
our annual performance review process.
and development planning, as well as our recruiting changes are considered.
Succession planning at Cintas is designed to provide a strategy – for both inter
Keyword: governance
Employee-partners also maintain updated personal Governance Guidelines.
organization, it also helps us detect potential knowledge
information about their background, education, awards
or skill gaps that have developed within the last year
and honors, interests, skills, and other professional
as our leadership tree evolves. For employee-partners,
EMPLOYEE-PARTNER DEVELOPMENT CYCLE
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Keyword: governance
64CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
TRAINING AND TRAINING AND CERTIFICATIONS (SSRs), Sales Managers, Service Managers, Production
Supervisors, Production Managers, and General
Frontline partners receive continual training in a
Managers. Each of these training and certification
DEVELOPMENT variety of areas specific to their positions, including
programs lasts several weeks and provides additional
safety training and awareness, position and process
knowledge and background for employee-partners
certifications, and professional certifications. These may
preparing for, or just entering, these roles.
include Cintas’ award-winning certification program for
Training and development – as well as an employee-
partner’s growth resulting from ongoing professional maintenance e
Keyword: governance
65CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
PROFESSIONAL AND INSTRUCTIONAL FORMATS Management Trainee Program
DEVELOPMENT TRAINING L&D trainings are offered in a variety of formats, Many of our top leaders began their careers in our
Our L&D group offers a broad range of trainings, including immersive, multiple-day, in-person sessions; Management Trainee (MT) program. Our Executive
seminars, and learning modules to help employee- full-day or half-day seminars; live virtual classes, and Chairman, Scott Farmer, was a member of the very
partners learn or further develop skills and enhance online training-on-demand (TOD) modules. These first class of MTs in 1982. President and CEO Todd
their knowledge. While employee-partners are sessions bring employee-partners together from ac
Keyword: governance
66CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
Executive Leadership Program Mentoring believe each unique mentor–mentee relationship
should have a specific and defined purpose, as well as
We launched our ELP in 2015 to help identify and Cintas is an advocate of professional mentoring, and it
objectives, goals, and outcomes.
increase the pool of diverse employee-partners best forms a universal element of our development strategy.
qualified to fill our mid-management positions. This
We also offer formal training to our new mentors.
Our mentorship philosophy maintains that mentor–
includes corporate Director-level department heads
This means they enter the program with a strong
mentee relationships should be professional and
and General Manager roles at our locations across
under
Keyword: governance
67CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
SSPPOOTTLLIIGGHHTT
PBRG s: CAREER DEVELOPMENT
Our PBRG missions not only align with our
Employee-partners
SUPPORTING business objectives and help us secure continued in the LGBTQ+
competitiveness, but also provide a platform for community and allies
our employee-partners to grow and connect with
PARTNER
partners from similar backgrounds.
While our mentor program is built on skill- and job- Asian and Pacific
DEVELOPMENT Island (API)
based criteria, our PBRGs are based on common
employee-partners
backgrounds and shared experiences. We also
believe that the PBRGs give our employee-partners
Our Partner Business Resource Groups (PBRGs),
a louder voice, additional leadership opportunities,
Cintas’ workplace affinity groups, are an impor
Keyword: governance
68CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
EMPLOYEE- We monitor the general engagement of our workforce In the Fall of 2022, we launched our most recent
through surveys to stay abreast of our employee- company-wide engagement survey. The anonymous,
partners’ current attitudes and opinions. We then review 26-question survey took employee-partners
PARTNER
the results and identify adjustments that can help drive approximately 10 minutes to complete.
deeper engagement. We partner with Willis Towers
Since our last survey, which was administered in 2018,
ENGAGEMENT Watson (WTW) to administer those engagement surveys.
the world has changed as a result of the COVID-19
Our surveys include corporate- and location-based pandemic. We recognize those changes and that new
questions to h
Keyword: governance
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SAFETY AND OCCUPATIONAL SAFETY AND HEALTH The Cintas 7 Keys evaluate:
MANAGEMENT SYSTEM
1. Leadership engagement
HEALTH Our Cintas Health and Safety Management Engaged leaders prioritize safety and make the
System (CHSMS) is modeled after the ISO 45001 achievement of safety excellence possible. Partners
and OSHA VPP safety and health management emulate the safety leadership and engagement
Safety has always been important to us – it’s part systems. It’s been developed to identify hazards exhibited by their leaders.
of our desire to run our company ethically and to and safety concerns; implement safer processes and
2. Frontline employee-partner engagement
support the work our employee-partners do on our improvements; and monitor our
Keyword: governance
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ONGOING MONITORING
COMMITMENT TO VPP Safety and health are ongoing commitments at Cintas,
and every level of the organization participates in
Our commitment to OSHA’s VPP Program has set commitment to hazard prevention and control,
these efforts.
a new standard for U.S. companies. A total of 127 perform ongoing analysis, and implement effective
Cintas sites were recognized by OSHA as VPP Star training programs. Every location that earns VPP Locations self-assess against safety and health protocols
certified as of September 2022, a total that outpaces certification must provide OSHA with annual detailed and undergo routine evaluations by our corporate
every American company. reports outlining their safety and health process Safety
Keyword: governance
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AWARENESS, TRAINING, Our Cintas Ergonomics training was designed with Our award-winning Ergonomics team, recognized by
the Cintas culture of engagement and specific hazards OSHA and the International Ergonomics Association,
AND DEVELOPMENT
in mind. It has been recognized by the International supports our workforce to help identify solutions
Employee-partners are trained in more than 50 safety
Ergonomics Association and has resulted in double- that can reduce occupational injuries like strains and
and health topics each year – offered in-person or
digit decreases in ergonomics-related injuries for two sprains. Ergonomics evaluations and training are
online, or available on-demand – with specific trainings
consecutive years. availab
Keyword: governance
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OPERATIONALIZING SAFETY WORK-RELATED INJURIES AND ILLNESS Each business division conducts regular safety and
health meetings, which include a review of the
AND HEALTH Cintas tracks the total number of injuries suffered by our
company’s work-related injuries and trends, as well as
Our Safety and Health team isn’t just focused on our employee-partners while on the job, as well as fatalities
corrective actions.
employee-partners’ daily routines. It consults a broad suffered because of work-related injury. Incidents are
range of corporate and support departments with investigated and recorded, including near misses and Cintas’ injury and illness rate is far better than the
evaluations of new equipment reviews and installations, driver
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SSPPOOTTLLIIGGHHTT
ERGO • The Ergo Cup – Judged by a panel of academic
and industry judges
EXCELLENCE • The Excellence Awards – Judged by more than
800 conference attendees
Since 2018, Cintas has won six awards at the
Our award-winning Ergonomics program helps
event – four Ergo Cups and two Excellence Awards.
our employee-partners perform their jobs in a
safer and more efficient manner. At the same time,
AEC AWARDS
our employee-partners get personally involved
in developing ergonomic solutions. Locations
are challenged to reduce risks and set goals for 2018 Ergo Cup German Garment
Award Castellanos Table
motions saved and projects implemented using
best-practice solutions, available through the
2019 Excellence Woody Rogers Ergo
Ci
Keyword: governance
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GLOBAL SUPPLY Our supply chain procures almost 100% of the finished environments exist throughout the world, our Vendor
products for the core uniform rental garments we offer, Code of Conduct (VCOC) details our basic expectations
and for garments and apparel sold by Design Collective. for GSC Suppliers to do business with us.
CHAIN AND
Our suppliers help us both manufacture our owned
Our VCOC promotes GSC Suppliers’ compliance
brands (Cintas, Design Collective by Cintas, Doc and
with standards regarding human rights and fair
SUPPLIER Amelia, and Fourmy) and acquire products from national
labor practices. These include laws and regulations
brands. GSC does not facilitate vendor purchases made
related to working hours, wages, and ov
Keyword: governance
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ASSESSING AND MONITORING NEW FY’22 MONITORING AND RESULTS REPORTING CONCERNS
GLOBAL SUPPLY CHAIN SUPPLIERS Suppliers with a contract to manufacture for Cintas We provide several means for both Cintas employee-
We assess all potential new vendors and monitor current and an annual spend of more than $30,000 must partners and external parties to register concerns or
suppliers to confirm we work with GSC Suppliers that undergo a Cintas Social Compliance audit, or provide report issues about GSC Suppliers.
prioritize ethical working standards and treat their an alternative certification from WRAP, SA8000, Bureau
Anyone can report an anonymous concern using
employees fairly. Our sourcing group identifies the Veritas, Intertek, SGS, or S
Keyword: governance
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SUPPLIER
DIVERSITY
We believe a diverse supplier base provides enhanced
product offerings, better meets customer needs,
and reflects the ever-changing demographics of the
communities in which we do business. It also provides
increased competition, creativity, and flexibility to our
supply chain.
Cintas uses many different suppliers to fulfill its business
needs, and one metric we’ve prioritized is our spend with
certified diverse suppliers. To qualify as a diverse supplier
at Cintas, the vendor must be:
• A for-profit business headquartered in the United
States or its territories
• At least 51% owned, operated, and controlled by
a U.S. citizen who is a minority, woman, or veteran
We believe our award-winning supplier diversity
pro
Keyword: governance
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COMMUNITY Our Canadian employee-partners engage and support CORPORATE PARTNERSHIPS
local organizations concerned with cancer, diabetes, and
heart health.
IMPACT AND
A key component of our philanthropic success is the
passion our employee-partners have for giving back.
PHILANTHROPY
Our Impact Champions program helps bring our
initiatives to life at our local operations and provides a Matthew 25: Ministries
national footprint for our efforts. More than 290 Impact Our extensive partnership with Matthew 25: Ministries
We’re immensely proud of the impact we’ve had in our
Champions across the company work with their local goes back to 1998 and is our longest-standing
local communities through our corporate philanthropic
Human Resources
Keyword: governance
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American Cancer Society American Diabetes Association American Heart Association
At a corporate level, our relationship with the American Our relationship with the American Diabetes Association The American Heart Association (AHA) shares one of our
Cancer Society began in 2020 and includes fundraising began in 2019 and was established to raise awareness longest-standing corporate philanthropic relationships,
through national Relay for Life and Making Strides about diabetes among underserved and minority dating back to 2005. Cintas partners with the AHA as a
Against Breast Cancer events. We also support the communities. Through this partnership, the American provider of CPR, first aid, and AED training nationwide,
organization with
Keyword: governance
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IMPACT: CORPORATE PHILANTHROPIC PARTNERSHIPS SINCE FY’19
EMPLOYEE-
CINTAS PARTNER TOTAL
FUNDRAISING/ FUNDRAISING/ PARTNERSHIP
PHILANTHROPIC PARTNER DONATIONS DONATIONS IMPACT
American Cancer Society $51,073 $272,226 $323,300
National Fallen Firefighters Foundation
American Diabetes Association $276,600 $150,000 $426,600
We formalized our relationship with the National Fallen
Firefighters Foundation (NFFF), our latest corporate American Heart Association $349,000 $208,538 $557,538
philanthropic partner, in 2021.
Matthew 25: Ministries $1,259,00024 $23,442 $1,282,442
The NFFF works closely with our Fire Protection division National Fallen Firefighters Foundation $50,000 $95,026 $145,026
on a variety of key initiatives. Cintas is a C
Keyword: governance
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Local Programming Other corporate headquarter relationships, through UPCOMING STRATEGIC REVIEW
sponsorship, donations (monetary or in-kind) or
In addition to these six programs, we also have As our ESG Journey continues, we expect to evaluate
participation, include Boys Hope Girls Hope, Cincinnati
successful programs supported by our corporate our current corporate philanthropy strategy and evolve
USA Regional Chamber, Disabled American Veterans
headquarters in Cincinnati. These include relationships our program to further align with our leadership team’s
5K, Easterseals, All About Women, Toys for Tots,
with Adopt A Class, where teams of volunteer business goals and priorities, as well as our ESG goals
Hispanic Chamber Cincinnati
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SSPPOOTTLLIIGGHHTT
CINTAS PARTNER The mission of the CPAF aligns with our company’s
ambition to reduce its environmental impact and
support global efforts to mitigate climate change.
ASSISTANCE
With catastrophic weather events rising across
North America – and with all types of natural
FUND disasters causing greater harm and damage –
we recognize the need to provide support for
our employee-partners when these challenging
We launched the Cintas Partner Assistance Fund situations occur, many times unexpectedly.
(CPAF) in 2019 to provide financial assistance
to our own employee-partners who have been SUPPORTING PARTNERS IN TIMES
negatively affected by natural disasters. What
OF DISASTER
started with $500,000 in seed money from
Emplo
Keyword: governance
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IMPACTS OF OUR Design Collective offers a wide selection of sustainable • Eye protection and safety glasses
textiles and styles. It has also developed a variety of
• Cut-resistant gloves and sleeves
programs to help customers reduce waste generated
PRODUCTS AND • Protective workwear
by end-of-life apparel. These efforts include offering
partnerships that help enterprises recycle, repurpose, • Hard hats
SERVICES and reuse these garments instead of sending them to
• Bump caps
landfills. Design Collective’s catalog includes a variety of
STANDARD 100 by OEKO-TEX® certified products as well. Through our First Aid & Safety division, Cintas offers
We have a vast catalog of products and services that first aid cabinets that include over t
Keyword: governance
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GOVERNANCE
85 Overview and Approach 91 Public Policy and Advocacy
86 ESG Governance and Oversight 93 Cybersecurity and Data Privacy
88 Ethics and Integrity 94 Regulatory Compliance
90 Tax Policy 95 SPOTLIGHT: First Aid & Safety Product Regulation
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OVERVIEW AND our business in a way that is consistent with protecting
the environment and enhancing humanity while FY’23 BOARD OF DIRECTORS26
maintaining accountability for our actions and decisions.
APPROACH
Scott D. Farmer
As we consider our business decisions, we leverage
Executive Chairman
internal processes that include disciplined due diligence
Executive Committee
Strong and ethical governan
Keyword: governance
approach to business drives our financial and social Nominating and Corporate Governance
material use, and generate GHG emissions and waste.
performance, providing accountability to our stakeholders. Committee; Compensation Committee
We work with our Board of Directors, management, and
stakeholders to run our business in a manner that aims Gerald S. Adolph
CODE OF CONDUCT to reduce, mitigate, or eliminate our impact and risks in Chair, Compensation Committee;
Our governance and management structure are these areas. Nominating and Corporate
guided, first and foremost, by our Code of Conduct Governance Committee
and Business Ethics. This outlines clear and consistent
GOVERNANCE STRUCTURE
John F. Barrett
expectations for decision-making by all Cintas Directors
The Board of Directors is our highest governing Audit Committee,
and e
Keyword: governance
of Cintas shareholders, the Board oversees the Governance Committee
Upon joining the company, each Director, executive, management of our company, as spelled out in our
Melanie W. Barstad
manager, and employee-partner is required to undergo Corporate Governance Guidelines. These guidelines
Compensation Committee,
Code of Conduct and Business Ethics training and also contain more information on independent Board
Nominating and Corporate
agree in writing to abide by the Code of Conduct and leadership responsibilities and good governance
Governance Committee
Business Ethics. Further, they are required to annually positions. Additional information and more information
engage in refresher training and provide further written about our Board members, including biographical Karen L. Carnahan
acknowledgm
Keyword: governance
Governance Committee
Ethics with other policies and procedures that help us Today, the Board is made up of nine Directors – seven
manage our company ethically, honestly, and with a men and two women – and 33% of the Board is diverse Robert E. Coletti
strong commitment to accountability. They are reviewed in terms of gender, race, or ethnicity. To address Executive Committee
annually and updated when necessary. key issues in greater detail, the Board has created
four working committees: the Audit Committee, Todd M. Schneider
Cintas President and CEO
Compensation Committee, Nominating and Corporate
INCORPORATING ESG PRINCIPLES
Governance Committee, and Executive Committee. All
We are committed to being a responsible corporate
members of the Audit, Comp
Keyword: governance
and Corporate Governance Committees meet the
Chair, Audit Committee;
considerations into the daily operations of our business.
independence requirements that apply to those
Nominating and Corporate
Under the Board’s direction of our strategic approach to committee assignments, as established both by Nasdaq Governance Committee
sustainable long-term value creation, we aim to operate and the Sarbanes-Oxley Act.
85CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
ESG GOVERNANCE ESG MANAGEMENT integrated sustainability strategies. She develops
policies, reporting procedures and goals related to our
In September 2021, we created the new role of
corporate responsibility initiatives to help ensure our
AND OVERSIGHT VP of ESG and C
Keyword: governance
86CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
OUR ESG STRUCTURE COLLABORATIVE ESG EFFORTS Senior Sponsors
The ESG team brings together an enterprise-wide Our Senior Sponsors are our business unit leaders who
commitment to our ESG strategy. While our Board of work with our VP of ESG and Chief Compliance Officer
Directors and CEO oversee our strategy and progress in and our ESG team to:
these areas, several other groups support the company
• Operationalize our ESG ambitions
on its ESG Journey.
• Integrate them into our broader business strategy
Executive Sponsors • Monitor and track performance
BOARD
Our Executive Sponsors: • Help raise awareness of our ESG efforts and their ties
OF DIRECTORS
to our broader business strategies through our public
AND CEO • Determine our ESG Impa
Keyword: governance
87CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
ETHICS AND CORRUPTION, FRAUD, ANTI-BRIBERY, Further, our Risk & Compliance Department provides
appropriate guidance to vendors working with our
AND ANTI-COMPETITIVE BEHAVIOR
GSC so the vendors are aware of our policies and
INTEGRITY We pride ourselves on operating our business in
expectations. These are captured in our Vendor Code
an ethical and lawful manner – a cornerstone of
of Conduct. Our vendors’ compliance is monitored
our Corporate Culture. We strive to ensure that our
through annual third-party audits.
company and our employee-partners comply with laws
“Cintas has a reputation as a
and regulations, including those that promote free Every year, we identify employee-partners directly
company that operates with strong and fa
Keyword: governance
has established a robust culture of governance to help bribery or corruption activities are more prevalent.
moral principles and excellent values.
mitigate instances of corruption, fraud, or other illegal Those employee-partners are required to undergo
This is a product of our collective acts that could impact our company, our ability to additional anti-corruption training. We perform audits
conduct business, and our company’s reputation. on a regular basis to support ongoing compliance and
efforts, and we’re all responsible for
identify potential issues.
Policies and procedures have been enacted to support
our actions and our commitment to
the company’s pursuit of ethical operations and
good business.” interactions. Among these are our Code of Conduct CRITICAL CONCERNS
and Business Et
Keyword: governance
Our governance structure promotes the awareness
of, and responsibility to adhere to, our policies and Activities or processes that have been identified as
procedures by all our employee-partners, from our potential corruption risks include our GSC operations,
Directors to our part-time staff. We support ample doing business in markets known for corruption, using
training programs to regularly reinforce our expectations customs brokers or carriers to import products from
and rules. international suppliers, and potential vendor or third-
party relationships.
Together, our policies and training help us promote an
enterprise-wide culture of compliance and help us raise We have not identified any known instances of
awareness about our stakeholders’ understand
Keyword: governance
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ETHICS AND COMPLIANCE TRAINING
Cintas employee-partners receive our Code of Conduct REPORTING CONCERNS
and Business Ethics training on their first official day
Cintas is committed to maintaining an ethical, of anyone requesting guidance or reporting
of employment with us. They also receive a booklet
responsible workplace. Both employee-partners questionable behavior and/or a possible violation.
containing the Code – available in English, Spanish, or
and external parties have access to several Company policy prohibits retaliation against any
Canadian French – at their orientation session and must
mechanisms to report questions or concerns. employee-partner raising or reporting a business
sign an acknowledgment that they have receiv
Keyword: governance
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TAX POLICY TAX DISCLOSURES AND REPORTING Our tax implications and financial benefits available
from the government are regularly evaluated as part
All tax disclosures contained in our audited financial
of our normal business operations and strategic
statements are prepared in accordance with GAAP ASC
We have a responsibility to pay our fair share of taxes 740 and SEC reporting standards. decision-making.
and we do so transparently. We disclose the taxes we
pay, as well as our projected effective tax rate guidance, EY, our independent auditing firm, reviews all disclosures FINANCIAL ASSISTANCE
on our financial reports and quarterly earnings calls, as part of its review of our annual SEC Form 10-K.
In our last three fully reported f
Keyword: governance
90CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
PUBLIC POLICY The VP of Corporate Affairs also monitors political Local Strategic Relationships
contributions made to political figures and organizations
We strongly encourage leaders in our local markets
by the Cintas Partners Political Action Committee
AND ADVOCACY to develop strategic relationships with key leaders in
(Partners PAC). The Partners PAC is funded entirely
their communities. We understand that local political,
by our employee-partners’ voluntary donations – not
business, and civic leaders can have a broad and
by Cintas.
impactful influence on our local communities, especially
POLITICAL ADVOCACY on issues important to our business. We encourage
Other Public Official Interactions our local leaders to identify decisio
Keyword: governance
91CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
POLITICAL CONTRIBUTIONS Employee-Partner Political Contributions The Partners PAC is funded entirely by voluntary
donations made by our employee-partners. The non-
Our Anti-Corruption Policy outlines the manner in Neither Cintas nor the Partners PAC governs or restricts
partisan executive committee reviews and approves
which we may engage with political candidates and political contributions made by our individual employee-
potential political contributions to individual candidates
representatives. As a company, Cintas Corporation partners. This includes those made by members
using six criteria:
generally does not make political contributions to of our Board of Directors on their own behalf from
government officials, political can
Keyword: governance
92CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
CYBERSECURITY DATA SECURITY MONITORING Department-specific policies outline the company’s
IT risk management, security system monitoring and
AND TESTING
response, vulnerability management, disaster recovery
AND DATA We have implemented multiple industry-leading tools
plan, and foreign system connectivity. They also further
to scan for potential vulnerabilities and to help prevent
outline our management of user accounts, computer
and detect malicious activities. These include automated
PRIVACY room security, and role-based security practices.
prevention measures and requiring system users and
administrators to use multi-factor authentication, and
single sign-on when available, to access network and IT SECURITY AWARENESS TRAINING
Ci
Keyword: governance
IT SECURITY GOVERNANCE
training, education, and certification requirements to
further support these measures. The Board of Directors’ Audit Committee oversees
our information security. The Chief Information Officer
regularly updates this committee about our information
STANDARDS AND PRACTICES
security processes and provides topical updates to
Cintas continues to expand our use of industry standards
the full Board throughout the year. Further, the Audit
and controls devised by the National Institute of Standards
Committee monitors compliance for our annual
and Technology, leveraging both their Cybersecurity
Information Security Awareness and PCI Compliance
Framework (CSF) and their SP 800-53 controls.
training courses.
These best practices and terminologies have
Keyword: governance
Cintas’ IT governance is supported through a robust set
incorporated into Cintas policies, standards, and
of enterprise and department policies and procedures.
procedures documents. These are reviewed on a
Our enterprise policies govern our overall information
rolling basis.
systems, data security, and information security. They
also detail our handling, management, and disposal/
destruction of records, confidential information, and
credit card data.
93CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
REGULATORY Through FY’22, we were subject to a minor number of resulted in material or significant fines or penalties to
instances of noncompliance with local environmentally the company under applicable reporting requireme
Keyword: governance
94CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
SSPPOOTTLLIIGGHHTT
FIRST AID The Risk & Compliance Department also outlines
our expectations that locations be prepared
to respond immediately to any federal, state,
& SAFETY
or local authority inquiry. This includes having
documentation and personnel ready who can
PRODUCT speak to and attest to regulated products,
activities, and processes.
REGULATION
QUALITY MANAGEMENT
To help maintain product integrity and efficacy,
Our First Aid & Safety division maintains we have established systemic controls under
accountability for the products and services our Quality Management System. One of these
offered by its business. Our Risk & Compliance types of controls includes a supplier qualification
Department supports this group by creating
Keyword: governance
95CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
APPENDIX
97 Citations, References, and Annotations
98 Notes and Methodologies
99 GRI Index
108 SASB Index
111 UN Sustainable Development Goals
96CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
CITATIONS, REFERENCES, AND ANNOTATIONS
1 We define employee-partners as personnel who are employed in full-time or part-time roles 17 ESOP and Profit Sharing: To be eligible to become a participant, an active employee-partner
in the United States and Canada. The total referenced through the report, 42,693, does not must be credited with at least 1,000 hours of service. Once an employee-partner is credited
include workers who support our business in irregular business capacities, such as those who wi
Keyword: governance
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NOTES AND METHODOLOGIES
REPORTING FRAMEWORK AND DATA DISCLOSURES This report also includes significant updates to our environmental data as a result of
our ongoing organizational review and baselining initiative. Our water data has also
In our 2022 ESG Report, we have reported our company’s disclosures in reference to
been expanded to include all Rental processing operations in the United States and
the Global Reporting Index (GRI) Standards as they were available on June 1, 2022.
Canada. Further, our previously reported FY’19 emissions, energy and water baselines,
There are select instances where we have chosen not to report required components
and our FY’20 and FY’21 performance data have been updated and restated to reflect
of
Keyword: governance
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2022 GLOBAL REPORTING INITIATIVE (GRI) INDEX
This GRI Index accompanies our 2022 ESG Report and references the Consolidated Set of Global Reporting Initiative (GRI) Standards 2021 as
they were available on June 1, 2022. The data in this report relates to the period from June 1, 2021 to May 31, 2022, unless otherwise stated.
For a detailed explanation of the indicators, visit the GRI website: globalreporting.org.
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
Organization and its Reporting Practices
2-1 Organizational details FY’22 Form 10-K (pg. 1)
FY’22 Form 10-K (pg. 4)
2-2 Entities included in the organization’s sustainability reporting About This Report
2-3 Reporting period, frequency and contact point About
Keyword: governance
Governance > Public Policy and Advocacy
Social > Community Impact and Philanthropy
2-7 Employees Social > Our People
Social > Diversity, Equity & Inclusion > Workforce Data
Governance
2-9 Governance structure and composition 2022 Proxy Statement (pg. 9)
2-10 Nomination and selection of the highest governance body Corporate Governance Guidelines
2022 Proxy Statement (pg. 9)
Governance > Overview and Approach
2-11 Chair of the highest governance body Corporate Governance Guidelines
2022 Proxy Statement (pg. 9)
Governance > Overview and Approach
2-12 Role of the highest governance body in overseeing the management of impacts 2022 Proxy Statement (pg. 15)
Governance > Overview and Approach
99CINTAS 2022 ESG REPORT ABOUT CINTAS OUR ESG JOURNEY ENVIRONMENT
Keyword: governance
SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
2-13 Delegation of responsibility for managing impacts 2022 Proxy Statement (pg. 15)
2022 Proxy Statement (pg. 16)
Governance > Overview and Approach
Governance > ESG Governance and Oversight
2-14 Role of the highest governance body in sustainability reporting The 2022 ESG Report was produced with guidance from and review by Cintas senior
executives and business leaders.
2-15 Conflicts of interest Code of Conduct and Business Ethics
2022 Proxy Statement (pg. 47)
2-16 Communication of critical concerns Governance > Ethics and Integrity > Critical Concerns
2-17 Collective knowledge of the highest governance body Governance > ESG Governance and Oversight > Board ESG Inv