exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
empowerment in their identity.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 33
Communities and Destinations By providing financial and other support International Rescue Committee
At Expedia Group, we know that thriving to nonprofit organizations working to build The International Rescue Committee (IRC) works
communities are at the heart of sustainable sustainability awareness and capacity among across more than 50 countries to support those
tourism. We believe in being good neighbors, tourism and travel providers, particularly where affected by humanitarian crises. Expedia Group
delivering positive impact where we live and work this work focuses on small businesses, we will is advancing this work with funding to help the
through targeted actions and long-standing ensure that the future of sustainable tra
Keyword: governance
Housing Program.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 34
Supporting Indigenous Communities Employee Volunteering Employee
In 2021, Expedia Group formally committed to Our community engagement efforts are focused
Volunteering
reconciliation for Australia’s Aboriginal and Torres where a majority of our employees live and work
Overview19
Strait Islander people through the Reconciliation to maximize employee engagement. Throughout
Action Plan (RAP) program. In 2022, our Reflect 2023, our people participated in various activities
4,362
RAP was endorsed by Reconciliation Australia. that helped address issues that mattered most to
We continue to support Aboriginal and Torres their local communities.
Strait Islander people, engaging First Nations-led Expedia Group volunteers
catering supplie
Keyword: governance
19 As of December 31, 2023.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 35
IBG Grantmaking Program
In 2023, we piloted a new program empowering
employee-led grantmaking with our IBGs. The
program awarded Expedia Group funding to 2Gether-International Asian Counseling and Referral Service Casa Central Social Services Corporation Centro de Acolhida e Cultura Casa 1
like-minded nonprofit organizations focused on 2Gether-International’s mission is to redefine Grounded in a commitment to social Casa Central provides high-quality social The mission of Centro de Acolhida e Cultura
disability as a competitive advantage for justice, ACRS provides services that advance services in culturally diverse communities Casa 1 is to provide a welcoming space for
diversity, equity, and inclusion, locally or globally.
bus
Keyword: governance
connection to culture and family.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 36
Accessibility In 2022, Expedia Group published an internal
State of Accessible Travel Report to drive
greater understanding of current traveler
experiences. We found that while people
People with disabilities are one of the most with disabilities view travel as an opportunity
underserved communities in the travel and tourism to explore new places and relax, it is also a
source of anxiety. This illustrates the need for
sector. Today, 15% of the global population lives with
more accessible travel and accommodation
a disability.20 Between 2018 and 2019, travelers with
options, and the need for them to be easily
disabilities spent nearly $59 billion on travel and took identifiable in booking systems.
a total of 81 million trips.21
Keyword: governance
21 Expedia Group, Lodging Accessibility Guide.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 37
Accessibility in Digital Platforms In 2023, we put additional focus on developing
The travel experience starts as soon as someone our automated accessibility testing strategy within
arrives at one of our online platforms. That’s our key mobile applications. Leveraging open-
why we are committed to driving accessibility source technology, we developed comprehensive
throughout our digital platforms. accessibility automation packages for both our
iOS and our Android applications and began
To support this work, our User Experience Design implementing some of those technologies within
team has partnered across the business to simplify our component libraries. By starting with our
the user experience across all our products, brands,
Keyword: governance
employees to create accessible digital products.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 38
Accessibility for Travelers Search hotels using accessibility filters
We want to make travel safer, more convenient,
and more equitable for people with disabilities.
In 2023, Expedia Group completed global listening
sessions for travelers with disabilities, not only to
discuss concerns and pain points encountered
when traveling but also to solicit ideas, solutions,
and input for addressing those challenges.
Among the key learnings we took away from these
listening sessions was that “accessible” can mean
different things to different people. It was also clear
that travelers with disabilities spend more time
and effort in planning their journeys, and, as part
of this, their travel often includes experience and
cost inequities.
In
Keyword: governance
accessibility needs and preferences.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 39
Accessibility for Employees In addition to emergency preparedness, we have
We are creating a culture and environment where implemented ongoing accessibility remediations
employees with disabilities can thrive and have the in our global office locations. For instance, our
opportunity to develop professionally and grow Singapore office now features automated doors,
their careers. We partner with Disability:IN NextGen braille signage, and strobe lights for fire alarms to
Leadership Program to support sourcing and accommodate employees with sensory disabilities.
recruiting qualified students and graduates with In London, we have installed a dedicated restroom
disabilities. We have also refined the candidate specifically designed fo
Keyword: governance
22 As of December 31, 2023.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 40
Governance
41 Our Board of Directors
43 ESG Oversight
44 Business Ethics
46 Tax
48 Privacy and Cybersecurity
50 Human Rights
52 Traveler SafetyEEXXPPEEDDIIAA GGRROOUUPP GGLLOOBBAALL IIMMPPAACCTT RREEPPOORRTT —— 22002233 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 41
Our Board Expedia Group is committed to fostering an Board Diversity Matrix23
inclusive and diverse workplace, as outlined in
Expedia Group’s Board Commitment on CEO
of Directors 13
Candidate Diversity. Director Gender Identity
The Board believes that it is essential for its
membership to represent a wide range of
Expedia Group’s business and affairs are perspectives, skills, and experiences, in order to 6 5 2
overseen by an experienced, knowledgeable, achieve
Keyword: governance
23 As of February 12, 2024.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 42
Expedia Group’s Board is composed of 13 Board Committee Composition25
members. There are four management
Barry Diller Peter Kern Beverly Anderson Moina Banerjee Chelsea Clinton
representatives on the Board; of the nine
Chairman and Senior Executive, Vice Chairman and Chief President and Chief Executive Chief Financial Officer, Vice Chair of the
remaining directors, seven are independent Expedia Group Executive Officer, Expedia Group Officer of BECU JBG Smith Properties Clinton Foundation
as defined by Nasdaq listing rules. The
Board has standing Audit, Compensation,
EE EE C A C N
and Nominating Committees, each solely
composed of independent directors, as Executive Director Executive Director Independent Director Independent Di
Keyword: governance
Committee, replacing Peter Kern.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 43
ESG Oversight
We recognize that effective corporate governance
is the essential foundation for our ESG initiatives.
From our CEO and Senior Management team and
throughout our Company, we are leveraging our deep
understanding of, and leadership in, the travel industry
to drive forward Expedia Group’s ESG initiatives.
ESG Corporate Governance Expedia Group conducts additional, targeted assessments
Our Board and its Executive Committee — to review specific areas of risk, including climate change.
composed of our Chairman & Senior Executive The results of these assessments are first reviewed by
and Vice Chairman & CEO — provide insight, Senior Management, after which they are discussed
feedback, and oversight on various ESG initiat
Keyword: governance
Global Social Impact & Sustainability TeamEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 44
Business Ethics
Expedia Group is committed to operating its business in accordance with
the highest standards of ethical business conduct, as we believe a culture
of integrity reduces risk and builds a strong foundation for success. It is
imperative that we remain focused at all times on business ethics — only
by doing so can we maintain the trust of our customers, partners, and
communities, and in turn protect Expedia Group’s reputation and our
shareholders’ investment.
Our Board of Directors and its Executive Committee Our approach to business ethics and compliance
set a “tone at the top” and play a critical role in begins with our Code of Conduct, which
our efforts to foster and maintain a culture of establishes principles f
Keyword: governance
expectations regarding their behavior.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 45
Anti-Corruption and Bribery Prior to entering into any equity or contractual Ethics Hotline on a confidential basis, free from discrimination,
Expedia Group’s Global Anti-Corruption, Gifts, venture or similar participatory venture, it is We encourage our employees to practice sound retaliation, or harassment. We proactively
and Entertainment Policy outlines the Company’s the policy of the Company to conduct a due judgment and speak up promptly when questions communicate our whistleblower program with all
commitment to complying with all applicable diligence review of the prospective partner. All or concerns arise. Expedia Group maintains an employees and have structures in place to process
anti-corruption laws and regulations,
Keyword: governance
or the private sector.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 46
Tax Tax Governance and Risk Management We prudently manage our tax matters and carry
Expedia Group’s Tax team reports to the Board of out risk assessments before making business
Directors’ Audit Committee annually on tax risks decisions. We do not engage in risks that would
and adherence to the tax strategy. Our Head of compromise achieving our objectives. As part of our
Expedia Group’s commitment to operating its business in Tax is responsible for day-to-day execution of process, we consider and monitor potential impact
accordance with the highest standards of ethical business conduct our tax strategy and managing our tax profile. to achieving our objectives around tax governance
Our tax strategy and principles apply to our ta
Keyword: governance
Tax activities are overseen through a centralized formal Tax Governance Framework was designed
reporting structure and regular communication with reference to leading practice standards
between the Tax team and Senior Management. and enables effective identification, assessment,
This ensures tax matters, particularly tax risks, and management of tax-related risks, including
major business or regulatory changes, or significant financial reporting, regulatory compliance, transfer
reputational risk, are appropriately monitored, pricing, and reputational matters. In addition to
reviewed, and reported to relevant stakeholders, ongoing identification and monitoring processes,
including the Chief Financial Officer, Chief Executive we perform formal assessment and analysis on an
Officer, Audit Committee, and Board of
Keyword: governance
good governance and risk management over tax of internal controls across all material financial
matters through established, documented, and reporting areas, which is aligned with the
standardized policies, procedures, and guidelines. Committee of Sponsoring Organizations (COSO)
Tax team members must review these policies principles. This includes financial reporting impacts
and procedures on an ongoing basis to ensure of tax. Tax is also embedded into broader business
awareness, understanding, and compliance with internal controls, which are reviewed and tested
these policies and procedures. annually as part of a formal in-house program.
Our Annual Report on Form 10-K includes
discussion of tax matters and their implications
for our business, including t
Keyword: governance
tax matters.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 47
Tax Planning Tax Compliance Tax Transparency Technology Association (Travel Tech). Through our
We are committed to careful consideration of the We seek to comply efficiently and with integrity We are transparent about our approach to tax, participation, we engage with stakeholders and
social and economic effects of our approach to with tax laws, regulations, treaties, and other comply with public tax transparency requirements, provide input on tax policies, tax practices, and tax
tax on the communities and jurisdictions in which guidance from taxing authorities in the jurisdictions and adopt leading practices. We seek to initiatives. Our team member serves as the Silicon
we operate, as well as how our approach aligns in which w
Keyword: governance
and circumstances.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 48
Privacy and Risk Management and Strategy Technical Safeguards and Incident Response: Education and Awareness: Expedia Group’s Training Completion Rates27
Expedia Group’s privacy and cybersecurity risk Expedia Group classifies its electronic data and mandatory annual privacy and cybersecurity
management program is composed of the information systems based on the sensitivity employee training program covers critical aspects Security
Cybersecurity
following key elements: and criticality of the data involved and deploys of digital security, including phishing prevention,
100%
commensurate technical safeguards, including threat awareness, and safe data-handling
Governance: As part of its general oversight but not limited to firewall
Keyword: governance
27 As of December 31, 2023.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 49
Cybersecurity Governance The CSO, where necessary, in coordination
The Board, in coordination with the Audit with the Chief Executive Officer, Chief Financial
Committee, oversees Expedia Group’s risk Officer, CTO, Chief Privacy Officer, and Chief
management program, which includes risks arising Legal Officer, work collaboratively across Expedia
from cybersecurity threats. The Audit Committee Group to implement an enterprise-wide program
regularly receives presentations and reports from designed to protect our information systems from
both Expedia Group management and on topics cybersecurity threats and to promptly respond to
related to privacy and cybersecurity risks, including any cybersecurity incidents in accordance with our
Keyword: governance
regularly scheduled Board meeting.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 50
Human Rights
We believe that the travel and business opportunities
enabled by Expedia Group support the realization
of important human rights, such as access to culture,
desirable work, and freedom of movement. However, we
recognize that travel may also be connected with human
rights risks, such as human trafficking, discrimination, and
adverse impacts on local communities.
Our Human Rights Statement and Modern Recognizing that certain vulnerable groups may
Slavery Act Statement formalize Expedia Group’s face heightened risks to their human rights, which
long-standing commitment to uphold and may be amplified by the global impact of travel,
respect human rights for all people, including we also commit to respecting:
our travele
Keyword: governance
Rights at Work.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 51
Salience Assessment Anti-Trafficking
In line with the United Nations Guiding Principles Expedia Group is a founding member of the anti-
on Business and Human Rights (UNGPs), Expedia trafficking taskforce within the World Tourism Trade
Group commissioned a human rights salience Council. We partner with a range of organizations
assessment led by BSR (Business for Social to develop and accelerate the growth of strong
Responsibility), as part of our due diligence process online tools to combat trafficking. We have
to identify and assess our impacts on human rights, published industry-wide recommendations in the
outline opportunities to integrate and take action Preventing Human Trafficking Framework and
on the findings, track and m
Keyword: governance
or supplier. anti-trafficking movement.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 52
Traveler Safety The cross-functional Trust and Safety team behavior during shopping and booking and post- Industry Collaboration
oversees and reports on trust, health, safety, booking. We have seen a steady growth of fraud for Trusted Reviews
and managing the impact of large-scale travel attempts on Expedia Group brands and have In 2023, Amazon, Booking.com, Expedia Group,
disruptions in relation to hotels, vacation rentals, maintained our fraud detection rate irrespective of Glassdoor, Tripadvisor, and Trustpilot teamed
At Expedia Group, we empower people to travel cars, and travel-related activities, while in parallel, the evolving fraud tactics. up to launch the Global Coalition for Trusted
with confidence. We are investing
Keyword: governance
vacation rentals.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 53
Appendix
54 GRI Index
57 SASB Index
58 TCFD Index
65 Data AssuranceEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 54
GRI Index
Expedia Group’s 2023 Global Impact Report was prepared with
reference to the Global Reporting Initiative (GRI) Standards.
Disclosure Code Disclosure Title Disclosure Location
2-1 Organizational details 10-K Pages 1, 50 2-11 Chair of the highest 10-K Page 25
governance body
2-2 Entities included in 10-K Pages 68–69 2-12 Role of the highest governance Proxy Pages 14-16
the organization’s Page 6 body in overseeing the Page 43
sustainability reporting management of impacts
2-3 Reporting period, frequency Expedia Group’s 2023 Global Impact Report was published on
Keyword: governance
highest governance body
Pages 21–22
2-9 Governance structure Proxy Pages 6-16 2-19 Remuneration policies Proxy Pages 9, 39-71
and composition Pages 41–43
2-10 Nomination and selection of Proxy Page 10 2-20 Process to determine Proxy Pages 9, 39-71
the highest governance body Nominating Committee Charter remuneration Compensation Committee Charter
Board Commitment on CEO Candidate Diversity 2-21 Annual total Proxy Page 66
compensation ratioEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 55
GRI Index continued
Disclosure Code Disclosure Title Disclosure Location
2-22 Statement on sustainable Page 4 201-3 Defined benefit plan 10-K Pages 85–87
development strategy obligations and other
retirement plans
2-23 Policy comm
Keyword: governance
2-27 Compliance with laws and 10-K Pages 29–32 207-2 Tax governance, control, and Pages 46–47
regulations risk management Tax Policy Statement
2-28 Membership associations Pages 9, 13–14, 33, 47, 51–52 Audit Committee Charter
201-1 Direct economic value 10-K 207-3 Stakeholder engagement and Pages 46–47
generated and distributed management of concerns Tax Policy Statement
related to tax
Audit Committee Charter
201-2 Financial implications and 10-K Page 26 302-1 Energy consumption within Pages 9–10, 57
other risks and opportunities Pages 58-64 the organization
due to climate changeEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 56
GRI Index continued
Disclosure Code Disclosure Title Disclosure Location
304-2 Significant impacts of Pages 14–15 405-2 Ratio of basic s
Keyword: governance
405-1 Diversity of governance bodies Proxy Page 11 418-1 Substantiated complaints 10-K Pages 27–28
and employees concerning breaches of
customer privacy and losses of
customer dataEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 57
TC-IM-220a.5 • List of countries where core Expedia Group complies with all applicable laws and regulations, including, but not
SASB Index products or services are limited to, regulations related to embargoed countries and/or regions.
Expedia Group’s 2023 Global Impact Report was prepared with reference to the subject to government-
required monitoring, blocking,
Sustainability Accounting Standards Board (SASB) Standards for the Technology
content filtering, or censoring
& Communications sector Inte
Keyword: governance
28 As of December 31, 2023.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 58
TCFD Index
We have detailed our alignment to the Task Force on Climate-related Financial Disclosures (TCFD). TCFD recommendations are organized into four pillars
that allow for a consistent, standardized approach to analyzing climate-related risks and opportunities: (1) Governance, (2) Strategy, (3) Risk Management,
and (4) Metrics and Targets. Expedia Group’s TCFD response represents our efforts toward implementing the recommendations of the TCFD.
TCFD Pillar Recommended Disclosure Expedia Group Response
Governance Describe the board’s oversight of climate- Our Board of Directors and its Executive Committee — composed of our Chairman & Senior Executive and Vice Chairman & CEO — provide insight, feedback, and oversight on vario
Keyword: governance
governance around climate-
related risks and opportunities.
Describe management’s role in assessing Implementation of ESG priorities, including climate-related risks and opportunities, is led by our Global Social Impact & Sustainability team, with oversight from our Vice President of Global Social Impact
and managing climate-related risks and & Sustainability and leadership support by our Chief People, Inclusion & Diversity Officer and a dedicated ESG Steering Committee, composed of senior executives across key corporate functions. The ESG
opportunities. Steering Committee meets quarterly and discusses ESG strategic implementation, which may include climate-related risks and opportunities that may materially affect Expedia Group.
Strategy Describe th
Keyword: governance
Rising sea levels Increased coastal flooding from sea-level rise may damage key destinations as well as vacation rental supply. Long TermEXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 59
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Continued Continued Table 2: TCFD Climate-Related Opportunities Categories Assessed
TCFD Opportunity Category Description Time Frame
Resource Efficiency Efficiency of Expedia Group’s operations such as data centers and offices. Short to Medium Term
Energy Source Expedia Group’s use of lower-emission sources of energy. Short to Medium Term
Products and Services Uncertain shifts in supply and demand for travel could cause consumers to allocate capital for travel differently. Medium Term
Markets Expedia Group’s access to new customers through industry group initiatives and climate action leadership. Medium to Long Term
Resilience Expedia Group’s ability
Keyword: governance
We found that our efforts to continue to engage and prioritize suppliers that are committing to decarbonization will be essential in mitigating Expedia Group’s future climate-related risk exposure.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 60
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Continued Continued The destinations vulnerability analysis captures the risk of consumer preferences shifting due to increased physical impacts from climate change on top destinations. Top destinations for Expedia Group
travelers were mapped to their Köppen climate zones to categorize and understand their future vulnerability to the impacts of climate change. The future vulnerability of these climate zones to climate-
related risk was profiled using Intergovernmental Panel on Climate Change (IPCC) data (NASA Earth Exchange Global Daily Downscaled Projections (NEX-GDDP-CMIP6) and LOCA climate data) and the
World Wildlife Fund (WWF) Risk Filter tools.
Keyword: governance
were based on sales, cancellation rates, and gross bookings, leveraging historical data of past hurricane impacts on vacation rentals (e.g., Hurricane Ian, Hurricane Dorian, etc.).EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 61
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Continued Describe the impact of climate-related By conducting climate-related scenario analysis, Expedia Group was able to explore the plausible future impacts across a range of scenarios (SSP1-2.6, SSP2-4.5, and SSP5-8.5). Expedia Group evaluated
risks and opportunities on the company’s the impacts across priority destinations and product lines for both climate-related physical and climate-related transition risks.
businesses, strategy, and financial
Business and Strategy:
planning.
• Operations
– Physical climate and weather-related disruptions inform our risk-mitigation strategies and costs at our facilities globally. For example, we are building
Keyword: governance
providers, particularly where this work focuses on small businesses.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 62
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Continued Describe the resilience of the company’s Through our approach to analyzing climate-related risk, Expedia Group aims to establish a resilient understanding of our future in the face of the uncertainty climate change brings. The climate-related risk
strategy, taking into consideration assessment, conducted cross-functionally across our stakeholders, provided the qualitative data required to understand Expedia Group’s position in the climate-related risk landscape. By conducting scenario
different climate-related scenarios, analyses, we gathered the quantitative information necessary to understand the climate-related risk exposure of our globa
Keyword: governance
our long-term strategy via tracking of identified metrics, effective risk management, and setting impactful targets.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 63
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Risk Management Describe the company’s processes Our assessment of climate-related risks involves identifying and assessing the potential impacts of climate change with key cross-functional stakeholders, as well as our third-party consultants.
Disclose how the company for identifying and assessing climate- In 2022, we completed a companywide climate-related risks and opportunities screening process to examine climate-related transition and physical risks and associated opportunities relevant to our
identifies, assesses, and manages related risks. business. The assessment is part of a broader effort to better understand our climate-related risk and op
Keyword: governance
Expedia Group’s ERM program.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 64
TCFD Index continued
TCFD Pillar Recommended Disclosure Expedia Group Response
Metrics & Targets Disclose the metrics used by the company Expedia Group uses different metrics to understand our exposure to climate-related physical and transition risks and opportunities. Our climate risk assessment strategy has identified key additional
to assess climate-related risks and metrics to track in order to understand our future exposure to climate-related risks.
Disclose the metrics and targets
used to assess and manage opportunities in line with its strategy and For climate-related physical risks, this includes tracking the impact that climate-related events have on different travel products and destinations to better understand the r
Keyword: governance
29 Expedia Group defines our goal of reaching Net Zero by 2040 as achieving at least a 90% absolute reduction in our Scope 1, Scope 2, and upstream Scope 3 GHG emissions (Categories 1, 2, 3, 5, 6, 7, and 8) from a 2022 base year.EXPEDIA GROUP GLOBAL IMPACT REPORT — 2023 OVERVIEW ENVIRONMENTAL SOCIAL GOVERNANCE APPENDIX 65
Data Assurance
Page 2 Page 3
Data and information supporting the Scope 1 and Scope 2 GHG emissions statement were historical in nature Statement of independence, impartiality, and competence
VERIFICATION OPINION DECLARATION and in some cases estimated.
GREENHOUSE GAS EMISSIONS Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental
Data and information supporting the Scope 3 GHG emissions statement were in some cases estimated rather management services including assurance with over 30 years history in providing these services.
than historical in nature.
To: The Stakeholders of Expedia Group: No member of the verification team has a business relationship with Expedia Gro
Keyword: governance
Governance (ESG) Report
March 2023
©2023 F5
2
Table of Contents
About this Report
3
Environmental Overview
4
Social Overview
5
Governance Overview
6
Double Materiality Assessment
7
ESG Performance
8 - 16
Sustainability Accounting Standards Board (SASB) Metrics for Hardware 
8 - 10
Sustainability Accounting Standards Board (SASB) Metrics for Software & IT Services 
11 - 16
©2023 F5
3
Reporting 
Period
F5’s fiscal year 2022 (FY22), 
beginning on October 1, 2021, and 
ending on September 30, 2022.
Reporting 
Cycle
Annual
Assurance
In preparation of this report, select 
FY22 data was reviewed by the F5, 
Inc. Internal Audit department. F5’s 
ESG reporting will include external 
assurance for material disclosure 
items in the future.
Materiality 
Assessme
Keyword: governance
2022 marks F5’s third annual Environmental, Social, and Governance (ESG) report. 
Within this year’s report, we are proud to present the progress we have made towards 
our ESG commitments, most notably: 
F5 announced its first-ever climate target to reduce the Scope 1 and Scope 2 
emissions from our operations by half by 2030.
F5 matched its all-time high of 84% employee favorability for “I feel a sense of 
belonging at F5,” last achieved in 2020.   
F5 joined the Responsible Business Alliance (RBA), enabling us to embed our 
ESG commitments further into our value chain.
In response to stakeholder feedback, we also continue to focus on improving the 
breadth and depth of our ESG disclosures, including the results of F5’s first double 
materiality assessment, as well as the pace of our reporting, by delive
Keyword: governance
other governance-related risks, strategy, disclosures and metrics each quarter.
In addition, F5 heightened its governance in several key areas that were of critical importance to our 
stakeholders in fiscal year 2022:
•
ESG risk management and oversight have been added to F5’s multi-disciplinary company-wide 
risk management process. This includes updates to F5’s climate-related risk reporting hierarchy 
and frequency, including to the Board of Directors.
•
With the company’s increased focus on cybersecurity and enterprise resilience, F5 disclosed 
that management reviews potential cyber risks associated with our business, in addition to risk 
mitigation efforts, as part of its overall enterprise risk assessment review with the Audit & Risk 
Oversight Comm
Keyword: governance
Governance
FY21
FY22
Introduced Board-level ESG oversight by Nominating & ESG Committee 
Completed eighth annual report to CDP
Published first SASB-aligned FY19-20 ESG Report
Released first Diversity & Inclusion Report
Introduced ESG metric for executive compensation
Disclosed first Board Diversity Matrix
Q3
Q4
Q1
Q2
Disclosed science-aligned target for GHG emissions reduction
Completed ninth annual report to CDP
Joined Responsible Business Alliance (RBA)
Q4
F5 ESG GOVERNANCE & DISCLOSURE TIMELINE
FY23
Published SASB-aligned FY22 ESG Report, including double materiality 
assessment
Disclose science-based target for GHG emissions reductions to SBTi
Complete tenth annual report to CDP
Released FY22 Diversity & Inclusion Report 
Q1
Q2
Q4
Q3
Published SA
Keyword: corruption
Global Anti-Corruption Policy
During these risks assessments, we engage with
our operating companies, vendors, suppliers, and FedEx Alert Line
contractors to develop detailed mitigation plans
Global Privacy Policy
for any identified risks. The findings are reported
Social Media Guidelines
to our Audit and Finance Committee and are
FedEx 2023 ESG Report 9Cybersecurity and The Board’s Cyber and Technology Oversight
Committee reviews and discusses with leadership
data privacy
best practices to manage and mitigate cyber and
technology-related risks. Our Internal Audit team
With the growing presence and sophistication of
periodically reviews our Privacy Compliance Program
online threats, it is more important than ever for
to ensure our controls are effective. The Glo
Keyword: tax
more targeted and detailed education depending members to report concerns or questions to their Approach to tax
on their responsibilities and the associated risks manager or the operating company’s Human
Our global tax function works closely with our
they face. Resources (HR), Legal, or Security department.
business groups and with external consultants to
The confidential FedEx Alert Line call center and
achieve our tax objectives and ensure compliance
web portal are available 24/7 in more than 35
with tax obligations in accordance with applicable
languages. FedEx prohibits retaliation against
98% annual laws and regulations. Our world-class tax
anyone who reports a known or suspected violation
professionals are guided by the FedEx Code and
in good faith.
completion rate keep our brand reputation top of mind. We believe
In FY22, we received more tha
Keyword: tax
n 17,000 reports transparency is critical to our tax approach and
We consistently achieve a 98% from team members, customers, and the public seek to continuously improve our approach by
annual completion rate, on average, on issues such as employee relations, safety, fostering open and constructive relationships with
for employees’ assigned compliance conflicts of interest, business ethics, and fraud. tax authorities.
training courses. Over 56% of the reporters identified themselves,
which is 17% higher than the standard industry
benchmark. We closed over 16,500 reports, and Key links
We constantly reinforce our Code principles
the resulting actions included team member
with targeted communications, including emails,
Corporate Integrity & Compliance website
discipline, coaching, training, te
Keyword: tax
associations and other tax-exempt organizations policies related to aviation, workforce development, Policy on Political Contributions
FedEx is subject to extensive regulation at the
that engage in political activities; (iv) steps taken information security, tax policy, deployment of
federal and state levels and can be affected by Governance, Safety, and Public
to identify, assess, and manage risks relating autonomous delivery technologies, modernized Policy Committee Charter
legislative initiatives across an array of policy issues.
to political activities and expenditures; and (v) truck regulations and infrastructure, and
FedEx works with various government and industry 2022 CDP Climate Change
political activity and expenditure reporting. increased access to electr
Keyword: tax
contributes its own revenues, employment, taxes, the COVID-19 pandemic.
and capital investments to their national and local
See the Diversity, equity, and inclusion create
economies. According to an analysis prepared by Through our Small Business Grant Contest, we
opportunity section for more information on our
Dun & Bradstreet, FedEx operations and business provided $365,000 in grant money to contest
DEI initiatives.
activity indirectly contributed to net economic winners in FY22, with 91% given to women-
output worth an estimated $22.6 billion across the owned businesses and 50% given to minority-
global economy in FY22—a nearly 12% increase owned businesses. Over the last ten years the
over the company’s indirect contributions in FY21. grant contest has provided over $1.7 million to
Keyword: tax
processes; compliance with, and changes or additions to, global and regional regulations, taxes, charges,
mandates, or requirements relating to greenhouse gas emissions, carbon costs, or climate-related goals;
labor-related regulations and requirements that restrict or prohibit our ability to impose requirements on
third parties who provide contracted transportation for our transportation networks; adapting products
to customer preferences and customer acceptance of sustainable supply chain solutions; the actions of
competitors and competitive pressures; and other factors which can be found in FedEx Corp.’s and its
subsidiaries’ press releases and FedEx Corp.’s filings with the Securities and Exchange Commission (SEC). Any
forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume
any obli
Keyword: governance
About this ESG report 3 Environmental governance structure 13
About FedEx 4 Strategic approach and climate change 14
Letter from the CEO 5 Vehicle electrification 17
Sustainable fuels 19
Aircraft fuel conservation
Our principles 6
and fleet modernization 20
Governance structure and ESG risk management 6 Facilities 21
Corporate integrity and compliance 8 Sustainable customer solutions 23
Cybersecurity and data privacy 10
Public policy and advocacy 11
Our people 25
Our supply chain 12
Social governance structure 25
Our culture 26
Human resource management 27
Diversity, equity, and
inclusion create opportunity 30
Health and safety 33
Data appendix 35
Environment 35
Social 39
Governance 41
FedEx 2023 ESG Report 2Introduction
About this ESG report In this section
About this ESG Report
We are
Keyword: governance
environmental, social, and governance (ESG) strategies, goals, and initiatives and our About FedEx
approach toward industry leadership in ESG to support our strategy and our values.
Letter from the CEO
Unless otherwise noted, this report reflects our ESG performance for the 2022 fiscal
year (FY22) for each FedEx operating company across all geographies. FY22 ended
May 31, 2022, and all references to FY denote the 12-month period ending on May
31 of the indicated year.
Our Data appendix details key indicators regarding our ESG performance and
progress, including year-over-year data. Cventure LLC externally verified our
Scope 1 and 2 greenhouse gas (GHG) emissions data.
This report references indicators from the Global Reporting Initiative (GRI)
Standards and aligns with applica
Keyword: governance
environmental, social, and governance (ESG) strategy, our investments in three critical areas for all team members to advance in their careers at
practices, which are aligned with our company —vehicle electrification, sustainable energy, and FedEx. More than 33,000 frontline team members
strategic focus. We have reported on our carbon sequestration—have sparked exciting are learning new skills through our Purple Pathways
environmental and social impact since 2009 advancements. We continue to expand our zero- program, which won the American Transportation
and remain steadfast in transparently sharing tailpipe emissions fleet in the United States with the Association DEI Change Leader Award this year.
our progress in three areas that are central to first-ever vehicles from Gener
Keyword: governance
Governance structure and In this section
ESG risk management
Governance structure and
ESG risk management
Board of Directors and global ESG governance Corporate integrity and compliance
At FedEx, we understand that operating a successful global business is Cybersecurity and data privacy
tied to our ESG commitments, strategies, and goals. The FedEx Board of Public policy and advocacy
Directors and its committees oversee our enterprise ESG initiatives and
Our supply chain
programs, which emphasize delivering lasting, positive value for our business,
customers, team members, and stockholders. ESG is integrated throughout
our culture, and we align our sustainability approach with our mission, values,
and long-term strategy. See the Our planet and Our peo
Keyword: governance
information on our environmental and social governance approach.
The FedEx Board of Directors is committed to the highest quality of
corporate governance. We seek to maintain a Board that reflects a wide
breadth of experiences, perspectives, and knowledge in addition to a
diversity of gender, race, ethnicity, and age. Of the 15 members currently
comprising our Board, 33% are female, and 20% are racially or ethnically
diverse. Further, 13 of the 15 directors are independent in accordance with
the requirements of the New York Stock Exchange and the Board’s more
stringent director independence standards.
FedEx 2023 ESG Report 66senior leadership teams at each operating
company to identify and prioritize core business
risks. We then classify these risks into five
categories—External, Strategic, Op
Keyword: governance
The Governance, Safety, and Public Policy and regularly discusses with management Additionally, the Board renamed three of its prioritize risks, and set robust goals. We plan to
Committee oversees our Corporate Social other developments regarding ESG reporting, committees to better reflect their respective conduct our next materiality assessment in 2024
Responsibility (CSR) goals, strategies, and including the alignment of financial reporting oversight responsibilities relating to ESG. Our Audit to update our priority topics, align with best
programs, including the management of and ESG disclosures and internal controls and and Finance and Governance, Safety, and Public practice, and adjust our strategy as needed.
sustainability- and climate-related risk
Keyword: governance
Corporate governance guidelines
Committee oversees our diversity, equity, The committee is responsible for overseeing program provides a common framework to
and inclusion (DEI), culture, workforce business continuity and emergency ensure consistency when identifying, reporting, ESG | Investor relations webpage
demographics, enterprise health care, and preparedness plans. and managing key risks across our business, Our most recent materiality assessment
other key human resource management
including key ESG risks. Our ERM process uses
2022 Proxy Statement
strategies and initiatives.
a consultative approach to solicit input from
FedEx 2023 ESG Report 7Corporate integrity FedEx Code of Conduct and global
compliance policies
and compliance
The FedEx Code guides our
Keyword: governance
to review our governance around integrity and
political activities and contributions; and data
compliance programs and discuss new compliance
security and privacy, among others.
initiatives, emerging risks, and best practices. As we
work within many unique regulatory environments,
Additional global policies, outlined on our public-
each FedEx operating company is responsible for
facing Corporate Integrity & Compliance website,
maintaining compliance with their regional and
specify our requirements and expectations related
sector-specific requirements.
to ethics and compliance matters. We strive to
ensure the accuracy and comprehensibility of these
In 2023, we are proud to have been recognized
policies through periodic reviews and we update
by Ethisphere, a global
Keyword: governance
The Governance, Safety, and Public Policy
Committee of the FedEx Board reviews and
discusses with management (i) public policy,
political, and legislative trends and matters that
affect or may affect the company, including our
reputation and strategies; (ii) the company’s
political activities, including participation Globally, we advocate for public policies that consistent with company interests that will help us Key links
in the political process, direct and indirect foster free trade, address trade barriers, and provide strong financial returns, enhance long-term
Investor Relations webpage
political spending, and lobbying activities optimize the transportation system’s efficiency, stockholder value, and support the best interests of
and expenditures;
Keyword: governance
federal and state levels and can be affected by Governance, Safety, and Public
to identify, assess, and manage risks relating autonomous delivery technologies, modernized Policy Committee Charter
legislative initiatives across an array of policy issues.
to political activities and expenditures; and (v) truck regulations and infrastructure, and
FedEx works with various government and industry 2022 CDP Climate Change
political activity and expenditure reporting. increased access to electric vehicle (EV) charging Questionnaire > C12 Engagement
organizations to advocate for policies that enable us
infrastructure and alternative fuels, particularly
Our global Government and Regulatory Affairs to connect the world in resourceful and responsible
sustainable aviation fuels.
department is committed to resp
Keyword: governance
public policy risks and opportunities, and develops and we maintain memberships with a variety of “Governance” on the Investor Relations page of
prioritized action plans with the company’s senior trade associations and industry organizations our website at investors.fedex.com, including
business leaders. expressly for that purpose. The associations information around our engagement with external
take positions and address issues in a collective organizations on climate change legislation.
industry manner and often advance positions
FedEx 2023 ESG Report 11Our supply chain Purchasing Leadership Council and follow charitable giving. Our initiatives provide these
International Standardization (ISO) 20400 entrepreneurs with training, mentoring, networking,
FedEx contracts with more than 100,000 guidance for ESG-related metrics surrounding our capital
Keyword: governance
implementing policies and governance practices.
industry associations, and equitable market e-commerce operations, find new customers, and
We work closely with our suppliers and collaborate
access opportunities. build professional networks. Nearly 2,200 business
with internal stakeholders to advance our ESG
owners have engaged with online e-commerce
goals throughout the value chain, with a focus
courses, and 88% of Learning Lab graduates
on diversity and sustainability. We require our
$18.8
feel confident in operating and scaling their
suppliers to adhere to the principles outlined in
e-commerce businesses after having completed
our Code of Conduct and our commitment to
billion
the program. Additionally, in FY22, we worked
protect human rights.
with United Way Mumbai to provi
Keyword: governance
Environmental governance structure In this section
The Governance, Safety, and Public Policy Committee of the FedEx Board oversees Environmental governance structure
our CSR goals, strategies, and programs. The committee is responsible for Strategic approach
overseeing sustainability- and climate-related risks and discusses our sustainability and climate change
strategies and programs with FedEx senior leadership at least annually. The FedEx Vehicle electrification
Enterprise Sustainability Council (FESC), chaired by our Chief Sustainability Officer
Sustainable fuels
(CSO) and comprised of senior management representatives from each operating
Aircraft fuel conservation
company, supervises the implementation of our enterprise-wide sustainability
and fleet moderniza