exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
1112023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Enterprise Risk Management
Fifth Third Bank has By focusing on the future and uniting us heightened risk, that relationship may be maintain access to capital markets at all
as One Bank, the Compass represents who escalated to senior leadership for further times, even under stressed conditions.
remained in business since
we are, what we believe and how we evaluation. We are committed to
• Protect the Bank’s reputation by
1858 by effectively define success—all of which are key continuously evaluating and enhancing
thoroughly understanding the
drivers of our risk management strategy. our governance to assure adherence to
balancing risk and return. consequences of business strategies,
our values in the management of these
Fifth Third’
Keyword: governance
Fifth Third has established governance
responsible manner as we serve the financial are designed, delivered and maintained to
policies and processes to identify and
needs of our customers and communities. provide value and benefit to our customers
monitor customers engaged in business
Our culture is embodied in the Fifth Third and to Fifth Third.
activities that may expose us to unique
Compass, which informs our actions and legal, regulatory, credit and reputation • Avoid offering products or services
decisions, from how we navigate our daily
risks exceeding Fifth Third’s established that are not appropriate or suitable for
work to the way we behave with customers,
risk appetite and may have an impact on our customers.
each other and our communities. The
Fifth Third. Internal p
Keyword: governance
1122023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Risk Governance
Fifth Third’s risk governance structure The Risk and Compliance Committee (RCC) Enterprise Risk Management Framework,
ensures proper oversight of risk across the oversees risk, assists the Board in its overseeing the management of all risk types
organization. It provides a path for oversight of the Bancorp’s Enterprise Risk to ensure that residual risks remain within
escalation of risks and issues to Management Framework and approves the Fifth Third’s risk appetite and for fostering a
management and Board-level committees to framework (including risk appetite) and risk culture that supports our risk
drive effective decisions relating to risk. The primary risk management policies. management objectives.
Board is res
Keyword: governance
1132023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Three Lines of Defense
First Line of Defense Second Line of Defense Third Line of Defense
The first line of defense is comprised of The second line of defense is an independent The third line of defense is comprised of
front line business units that create risk or risk management function, consisting of Internal Audit, which provides independent
are involved in risk-taking activities and are Enterprise and Non-Financial Risk, Model and objective oversight of the first and
accountable for managing risk. It also Risk, Capital Markets Risk, Compliance, second lines of defense through audit
includes support groups that provide Credit Risk, and Credit Risk Review. The examinations that identify risk management
operational, human capita
Keyword: governance
governance functions. The front line business units are the responsibility for designing and maintaining a comprehensive, controls and processes surrounding all risk types throughout
Bank’s primary risk takers and are responsible for enterprise-wide risk management framework, which includes the organization.
implementing effective internal controls and maintaining CRA Complaint Process. Internal Audit is responsible for establishing an audit plan
processes for identifying, assessing, and managing the risks The second line of defense is responsible for identifying, that establishes those bank activities requiring audit and the
associated with their activities consistent with established measuring, monitoring, and ensuring adequate management/ frequenc
Keyword: governance
governance channels.
1142023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Customer Privacy and Information Security
Privacy and the pursuit to Security program against NIST SP 800-53 security and privacy policies, as well 2023 saw the following
protect it is a high priority and/or Cyber Security Framework (CSF). The as complete all assigned security and accomplishments:
last assessment performed concluded that privacy training.
for Fifth Third and our Fifth Third security controls had surpassed Our privacy policy defines our practices on
INFORMATION PROTECTION:
customers. The Bank the overall maturity ratings of peer protecting personal information, from the
Continued scanning of tar
Keyword: governance
1152023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
The Bank’s Supplier Code of Conduct Committed to Privacy Committed to Data Security
Fifth Third’s Master outlines its expectations that third parties
Fifth Third Bank respects our customers’ Banking online and through our mobile
protect all of its data, including Company
Services Agreement privacy and is committed to protecting it application continues to accelerate. Our
confidential information, trade secrets and
articles outline the with our privacy policies. Our commitment diligent focus on our customers’ security is a
customer information, under applicable
includes: key priority for Fifth Third. In our mobile
expectations, including, privacy, information security, and data
• Posting changes to our privacy policy banking platfo
Keyword: governance
1162023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
tracks the risk characteristics of each customer’s login session. The Value of Strong Leadership Our First Line of Defense
Depending upon the risk, the customer may be asked to log in and Governance Our employees and contractors are a key component in our
from a trusted device, answer security questions, or further
• Information security and privacy teams regularly report to first line of defense. Keeping them informed and educated
authenticate with an additional factor.
helps them to make the right decisions on protecting the
senior executive leadership and the Board to ensure
• Digital Certificate: An electronic fingerprint bonded to the information they work with every day. To do this, we have a
everyone is aligned to the Bank’
Keyword: governance
1172023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
made events, data breaches, third-party
service provider outages, cyberattacks and/
Our awareness and
or technical outages while employing and
education program
actively living out the Bancorp’s CORE values.
includes:
To assess the Bancorp’s cyber response
• Targeted security awareness posture, BCM facilitated a cyber war game
training for high-risk audiences. exercise in the first quarter of 2023, which
involved a number of areas from across the
• Quarterly lunch and learn sessions.
Bancorp including executive leadership and
• Monthly simulated phishing
board members. While opportunities for
exercises.
improvement were captured, none were
• Weekly security awareness considered significant in nature that would
communications. impe
Keyword: governance
1182023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Third Party Management
Fifth Third has a robust third Our Third Party Code processes, increase the quality of our Methodology and process for third party
of Conduct sets forth products and services, and drive efficiencies. risk management is as follows:
party management program
Fifth Third’s We execute our third party selection process • Governance of our third party activities
for the acquisition of goods expectations for in accordance with the highest standards of begins with the Third Party Management
and services. It is expected ethical, human rights, integrity, fairness and objectivity. Council, which assesses the portfolio of
labor and third party service providers as well as the
that our third party partners environmental O
Keyword: governance
1192023 Sustainability Report Contents Introduction Communities Inclusion Employees Customer Climate Governance Appendix
Appendix
INVESTOR INFORMATION ADDITIONAL SUSTAINABILITY INFORMATION Contact Fifth Third
2023 Annual Report (Form 10-K) 2022 TCFD Report
INVESTOR RELATIONS
2024 Proxy Statement 2022 Financed Emissions Disclosure
ir@53.com or ir.53.com
Sustainable Bond Framework Code of Business Conduct and Ethics
ESG INFORMATION
Corporate Governance Guidelines
CUSTOMER INFORMATION
ESG site
Government Affairs Policy
Fifth Third Momentum® Banking
Human Rights Statement MEDIA RELATIONS
Preferred Banking
Inclusion & Diversity at Fifth Third Media Center
Fifth Third Express® Banking
Non-Retaliation Policy CUSTOMER SERVICE
Business Banking
Privacy and Security 1-866-671-5353 or 53.com
Commercial Banking
Third Party Code of Conduct
Wealth Management
BOARD
Keyword: governance
Nominating and Corporate Governance Committee
2022 CDP Response
Risk and Compliance Committee
2023 GHG Verification Statement
Technology Committee
2023 Environmental KPI Assurance Statement
2023 Environmental Data Table
2023 EEO-1 Table
120
Keyword: bribe
Business Ethics HC-MS-510a.1 Total amount of monetary losses as a result of legal In 2023, Baxter had no monetary losses due to legal proceedings associated with bribery or corruption that were previously reported in any
proceedings associated with bribery or corruption company Exchange Act filings. See Ethics and Compliance for information about the company’s approach in this area.
HC-MS-510a.2 Description of code of ethics governing interactions See Baxter’s Global Interactions Policy and Ethics and Compliance for information about the company’s approach in this area. Baxter has country
with health care professionals annexes that outline additional restrictions and considerations when interacting with healthcare professionals in each respective country.
Baxter has adopted the AdvaMed Code of Ethics and also belongs to similar industry and professional associations around the world.
See Professional Codes
Keyword: corruption
the New York Stock Exchange. Baxter 2023 2-27 Compliance with laws and regulations Form 10-K 205-1 to corruption 17
Annual Report on Form 10-K
We engage with external organizations to help
2-2 Entities included in the organization’s 19 d Er xi av me p pr leo sg r ines cs lu o dn e a th b er o Aa dd v ar na cn eg de Mof e i ds is cu ae l s. 205-2 aC no tm icm oru rn ui pc ta ioti no n p oa ln icd i etr sa ain ni dn g p ra ob co eu dt u res 17
sustainability reporting
Technology Association, Association of
Reporting period: January–December Corporate Citizenship Professionals, Business GRI 301: Materials 2016
Reporting period, frequency and contact Frequency: Yearly Roundtable, Catalyst, CEO Action for Diversity
2-3 point Contact point: corporate_responsibility_ & Inclusion, Ceres Company Network, Chicago Management Approach 13
report@baxter.com United
Keyword: corruption
Business Ethics HC-MS-510a.1 Total amount of monetary losses as a result of legal In 2023, Baxter had no monetary losses due to legal proceedings associated with bribery or corruption that were previously reported in any
proceedings associated with bribery or corruption company Exchange Act filings. See Ethics and Compliance for information about the company’s approach in this area.
HC-MS-510a.2 Description of code of ethics governing interactions See Baxter’s Global Interactions Policy and Ethics and Compliance for information about the company’s approach in this area. Baxter has country
with health care professionals annexes that outline additional restrictions and considerations when interacting with healthcare professionals in each respective country.
Baxter has adopted the AdvaMed Code of Ethics and also belongs to similar industry and professional associations around the world.
See Professional Codes of Ethics and
Keyword: tax
and program descriptions may include information from about many important factors, including the following, which European Medicines Agency or any other regulatory body technologies; global regulatory, trade and tax policies, including
2024 as relevant. could cause actual results to differ materially from those in the or government authority (including the SEC, Department of with respect to climate change and other sustainability matters;
forward-looking statements: the company’s ability to execute Justice or the Attorney General of any State) that could delay, the ability to protect or enforce the company’s patents or other
• This report covers Baxter’s global operations, including
and complete strategic initiatives, asset dispositions and other limit or suspend product development, manufacturing or sale proprietary rights (including trademarks, copyrights, trade
subsidiaries, unless stated otherwise. Environmental,
transactions and development activ
Keyword: tax
• All currency in this report is in U.S. dollars unless stated long-term financial performance and goals (including with ability to monetize new and existing products and services, of income (whether with respect to current or future tax reform);
otherwise.
respect to the company’s strategic initiatives and other actions) the impact of those products on quality and patient safety actions by tax authorities in connection with ongoing tax audits;
• Significant restatements of data from prior years are and related impacts on our liquidity; the company’s ability to concerns and the need for ongoing training and support for our and other risks identified in Baxter’s most recent filings on
noted in the sections where they appear. execute on its capital allocation plans, including the company’s products; breaches, including by cyber-attack, data leakage, Form 10-K and Form 10-Q and other SEC filings, all of which
• The methodologies, assumptions and estimates debt repayment plans
Keyword: governance
7 Corporate Responsibility Governance and 20 Materiality Assessment Findings
Management
21 Policies and Standards
8 Stakeholder Engagement
22 Data Summary
8 Materiality
25 Value Chain Energy Usage and GHG
9 2030 Corporate Emissions
26 Facilities with ISO 14001, ISO 45001,
Responsibility Goals
ISO 50001 and Green Building Certifications
11 Reach More Underserved Kidney Patients 27 Additional Disclosures
31 LRQA Independent Assurance Statement
11 Consistently Improve Manufacturing
Capabilities 32 GRI Content Index
12 Achieve Carbon Neutrality for Direct 34 Sustainability Accounting Standards
Operations by 2040 Board Index
12 Implement Strategic Water Management Plans 36 Task Force on Climate-related Financial
13 Advance Sustainable Procurement Disclosures Index
43 Endnotes
13 Im
Keyword: governance
support and governance measures, to help ensure greater impact for our wide-ranging stakeholder
progress and accountability. In 2023, we made base. We implemented a new global operating
further progress in this journey, and you can find model to streamline and simplify our business
many noteworthy highlights in the pages that follow. structure into four global segments, divested
To spotlight just a few, Baxter: our BioPharma Solutions business and prepared
for the planned separation of our Kidney Care
• Completed 150 energy-conservation projects
segment, currently expected to occur in the
in 2023, which are estimated to reduce
second half of 2024. The goal of these and related
greenhouse gas (GHG) emissions by approximately
initiatives is to get closer to our cu
Keyword: governance
social and governance topics impacting our
patients, customers, employees, communities
and other stakeholders worldwide.2023 CORPORATE RESPONSIBILITY REPORT 6
Corporate Responsibility
Commitment United Nations
Sustainable
Baxterʼs Mission to Save and Sustain Lives extends beyond the
products, therapies and services we offer. We are driven by the Development Goals
possibility of making a meaningful difference in the world—
not just today, but for generations to come. Our approach to
We are proud to affirm our support for the United
corporate responsibility is grounded in creating a more
Nations Sustainable Development Goals (UN SDGs) and
sustainable and responsible business model with innovations
2030 Agenda—a global blueprint for achieving a more
in healthcare
Keyword: governance
Communities. These pillars are bolstered by strong governance
and cross-cutting commitments to responsible practices
across our business.
With more than 30 years of reporting on our environmental
GOAL 3: GOAL 6: GOAL 12:
performance, we have consistently broadened and enhanced our
Good Clean Responsible
reporting on the corporate responsibility topics that are priorities Health and Water and Consumption
for Baxter and our stakeholders. For example, since 2019, we have Well-Being Sanitation and Production
published an annual Sustainability Accounting Standards Board
(SASB) Index in alignment with the Medical Equipment & Supplies
Sustainability Accounting Standard. In December 2023, we issued PHOTO: Children celebrating the setup of water connections. Egypt, January 2022. CREDIT: UNICEF/UN0639396/Ahmed
Keyword: governance
GOVERNANCE AND MANAGEMENT OF CORPORATE RESPONSIBILITY AT BAXTER
Responsibility
Board of Directors
Quality and Regulatory Nominating, Corporate Governance Compensation and Human
Governance and Compliance Committee and Public Policy Committee Capital Committee
Corporate Responsibility Steering Committee
Management
Chair, President and CEO EVP and Chief Financial Officer EVP and General Counsel
EVP and Chief Supply Chain Officer EVP and Chief Human Resources Officer
Corporate responsibility matters receive strategic EVP and Group President, Pharmaceuticals EVP and Group President, Medical Products and Therapies
EVP and Group President, Healthcare Systems and Technologies EVP and Group President, Kidney Care
guidance and oversight at the highest levels o
Keyword: governance
Corporate Governance and Public Policy Committee
to help validate the direction and focus of our corporate
(NCGPP Committee); and Quality and Regulatory Our executive cross-functional Corporate Responsibility
responsibility programs
Compliance Committee (QRC Committee) Steering Committee (Steering Committee) includes senior
leaders throughout the organization, including executive SENIOR LEADER ACCOUNTABILITY
BOARD OF DIRECTORS OVERSIGHT officers; it provides direction and oversight to our corporate
To drive further accountability, the individual performance
responsibility initiatives and advances our corporate
Baxter’s Board of Directors plays a critical role in
assessment under the Annual Incentive Plan for our
responsibility strategy and culture. The Steerin
Keyword: governance
against preestablished measures for certain strategic CORPORATE GOVERNANCE RESOURCES
significance to the company’s reputation as a socially
The QRC Committee and NCGPP Committee share
responsible organization, and also provides guidance to priorities, including those related to corporate responsibility.
oversight for corporate-responsibility-related matters,
Baxter’s Corporate Responsibility Council. For example, the strategic priorities in 2023 included: Visit Baxter’s website for information
and, beginning in February 2023, the CHC Committee and links related to our corporate
• Patient safety and quality, including product safety and
assumed responsibility for certain human capital CORPORATE RESPONSIBILITY COUNCIL governance practices, including:
quality systems
management matters. The QRC Committee oversees
•
Keyword: governance
Corporate Governance Guidelines
issues related to environmental, health and employee Baxter’s Corporate Responsibility Council is composed of • Best place to work, including diversity in the workforce,
safety, sustainability, and quality and regulatory cross-functional leaders and representatives, and meets culture and talent • Board of Directors, Committees
throughout the year to: and Committee Charters
compliance matters. The NCGPP Committee oversees • Environmental, health and safety measures
• Code of Conduct
other aspects of Baxterʼs corporate responsibility, • Track progress toward our 2030 Corporate Responsibility
• Growth through innovation, including Baxterʼs ongoing
including charitable contributions, public policy, Commitment and Goals and deliver r
Keyword: governance
access to healthcare and other social and governance Steering Committee and an annual update to our Board of
Our website also includes links to
matters. The CHC Committee oversees succession Directors—helping to promote high standards of accountability Executive leaders are also assigned to each of our 2030 additional standards and policies for
planning for key members of management (other than • Solicit and review stakeholder input on Baxter’s corporate Corporate Responsibility Goals to help promote the our employees and suppliers that
the Chair, President and CEO), leadership development responsibility programs, priorities, goals and disclosures, accountability of cross-functional teams responsible for help us drive a culture of integrity and
and diversity, equity and inclusion initiatives
Keyword: governance
As part of the company’s corporate governance outreach program, members of Baxter’s management
team and members of the Board, including the company’s Lead Independent Director, the Chair of the
CHC Committee and the Chair of the NCGPP Committee, engage with investors on a range of topics.
Beginning in April 2023 and through early 2024, the company engaged in discussions with stockholders
representing approximately 35% of the company’s outstanding shares (calculated as of Dec. 31, 2023).
Topics discussed included:
• Company strategy and performance (including the proposed separation of the Kidney Care
business and the completed divestiture of the BioPharma Solutions business)
• The implementation of our simplified operating model
• Corporate governance matters (including Board composit
Keyword: governance
environmental, social and governance topics
that matter most to our stakeholders.2023 CORPORATE RESPONSIBILITY REPORT 10
2030 Corporate Responsibility Goals
The base year for these goals is 2020 and the target achievement year is 2030, unless stated otherwise. In connection with the proposed separation of Baxterʼs Kidney Care business, we will assess our commitment and goals and adjust them as needed and if appropriate.
PILLARS GOALS PERFORMANCE
Double the number of patients reached in underserved markets*
Reach More Underserved through our peritoneal dialysis (PD) portfolio. As of the end of 2023, we were helping to care for approximately 185,000 patients in underserved markets
Kidney Patients through our PD portfolio, 6.6% fewer than our baseline. Learn more.
*Countries out
Keyword: governance
governance and responsible business practices.
PHOTO: Our efforts to reduce Baxter’s greenhouse gas emissions included the
installation of this cogeneration facility at our Aibonito, Puerto Rico, location.2023 CORPORATE RESPONSIBILITY REPORT 17
Ethics and Compliance Privacy and Data Protection
Baxter drives a culture of the highest ethical behavior, Third Party Program: Our Third Party Program outlines Baxter is committed to respecting the privacy of our • We conduct both internal and external security audits.
emphasizing personal accountability and integrity. We the standards and processes used to review, retain and employees, patients and customers and protecting
• Post-incident review meetings and reports provide
prioritize following legal require
Keyword: governance
focused on environmental, social and governance matters.
are not consistent with our methodologies or practices.
being imposed globally in response to the conflicts and potential products or enhancements on commercially acceptable terms or
We were one of the first companies to pilot the GRI • All references to “new product launches” in this report trade wars and global public health crises, pandemics and at all; loss of key employees, the occurrence of labor disruptions
Sustainability Reporting Guidelines, in 1999, and belong to include new product launches, line extensions and epidemics, such as the COVID-19 pandemic, or the anticipation (including as a result of labor disagreements under bargaining
the GRI Community. We referenced the GRI Sustainability geographical expansions, unless
Keyword: governance
Environmental, Health, Safety and Sustainability Governance and Additional Disclosures; Achieve Top Quartile Workplace Safety Performance; and the Supplier Diversity and Economic Impact of Spending with Diverse Suppliers sections of Diversity, Equity and Inclusion.
SECTION AND INDICATOR 2021 2022 2023 SECTION AND INDICATOR 2021 2022 2023 SECTION AND INDICATOR 2021 2022 2023
Financial Performance2 Achieve Carbon Neutrality for Direct Operations by 20407, 8 (continued) Implement Strategic Water Management Plans2, 8
Net Sales ($ millions) $12,146 $14,506 $14,813 Electricity Purchased from 100% Renewable Power Water Usage16 (thousand cubic meters) 14,528 14,585 14,884
U.S. Net Sales ($ millions) $4,938 $6,955 $7,000 (thousands of MWh) 383 513 528 Americas 7,157 7,419 7,981
Americas 180 315 356
Internat
Keyword: governance
Implement Strategic Materials and Waste Management Plans2, 8 (continued) Environmental, Health, Safety and Sustainability Governance and Additional Disclosures2 Increase Representation of Women and Ethnic Minorities in Leadership Roles3 (continued)
(continued)
Regulated Waste24 (metric tons) 6,600 7,800 8,500 Vice President and Above (as a % of total, U.S. and Puerto Rico only)
ISO Certifications
Americas 2,600 3,200 3,300 Asian 8.9% 11.0% 12.4%
ISO-Certified Baxter Locations 62 63 63
EMEA 3,200 3,900 4,600 Black/African American 3.3% 2.8% 2.5%
ISO 14001-Certified Baxter Locations 61 62 62
Asia Pacific 800 700 600 Hispanic/Latino 4.5% 3.7% 5.0%
ISO 45001-Certified Baxter Locations 45 46 43
Regulated Waste per Million Dollars of Sales10 (metric tons) – 0.5 0.6 White 82.2% 82.5% 80.2%
ISO-Certified Baxter Manufacturing Locations29 47 46 45
Regulated Waste Diverted from La
Keyword: governance
Environmental, Health, Safety and Sustainability Governance and Additional Disclosures2
Ethnic Minority Representation by Job Level32 Total Charitable Giving, by Type $55.88 $55.38 $46.30
Baxter Toxics Release Inventory Air Releases27 (metric tons) 16 14 – (as a % of total, U.S. and Puerto Rico only) 37.6% 36.4% 39.4%
Baxter Product Donations to Aid Organizations34 $36.14 $35.49 $26.85
NO and SO Emissions28 (metric tons) 471 504 468 Vice President and Above 17.0% 16.8% 19.9%
x x
Business and Facility Cash Donations $7.71 $7.81 $9.19
NO 352 362 365 Director 25.3% 22.3% 24.5%
x
SO x 118 142 103 Manager 26.6% 24.9% 26.2% Within the United States (including U.S. Territories) $4.85 $5.35 $6.82
NO x and SO x Emissions per Million Dollars of Sales10 (kg) – 35 32 Professional30 31.1% 38.9% 42.4% Outside th
Keyword: governance
and Sustainability Governance and Additional Disclosures; the verifier. Further observations and findings, made during the assurance
Achieve Top Quartile Workplace Safety Performance. engagement, are: This Assurance Statement is only valid when published with the Report to
which it refers. It may only be reproduced in its entirety.
• Value Chain Energy Usage and GHG Emissions (Energy, Based on LRQA’s approach for the categories listed above as verified
Scope 1 and Scope 2 GHG emissions) to limited assurance, except for the effect of the matters described in • Supplier diversity information was only confirmed against a Copyright © LRQA, 2024.
the Basis for Qualified Opinion, nothing has come to our attention that summary report from supplier.io. LRQA did not verify data
Keyword: governance
2-9 Governance structure and composition Our Governance 2-29 Approach to stakeholder engagement 8
302-4 Reduction of energy consumption 12
Nomination and selection of the highest GRI 3: Material Topics 2021
2-10 Corporate Governance Guidelines
governance body GRI 303: Water and Effluents 2018
3-1 Process to determine material topics 8
2-11 Chair of the highest governance body Our Governance Management Approach 12
3-2 List of material topics 20
2-12 R ovo ele rs o ef e t ih ne g h thig eh mes at n g ao gv ee mrn ea nn t c oe f b imod py a cin ts 7 3-3 Management of material topics Included in relevant sections throughout 303-3 Water withdrawal 22
the report.
Delegation of responsibility for managing 303-4 Water discharge 22
2-13 impacts 7 GRI 201: Economic Performance 2016
GRI 305: Emissions 201
Keyword: governance
2-15 Conflicts of interest Corporate Governance Guidelines Management Approach 14, 18
Management Approach 12
Direct economic value generated and 14, 18, 23, 24, 30, Baxter 2023 Annual
2-16 Communication of critical concerns Baxter 2023 Proxy Statement 201-1 distributed Report on Form 10-K
305-1 Direct (Scope 1) GHG emissions 25, 27
Corporate Governance Guidelines, Baxter Financial implications and other risks and
2-19 Remuneration policies 201-2 Baxter CDP submission
2023 Proxy Statement opportunities due to climate change 305-2 Energy indirect (Scope 2) GHG emissions 25, 27
Corporate Governance Guidelines, Baxter
2-20 Process to determine remuneration 2023 Proxy Statement GRI 203: Indirect Economic Impacts 2016 305-3 Other indirect (Scope 3) GHG emissions 25, 27
2-21 Annual total compe
Keyword: governance
Diversity of governance bodies and Management Approach 17
405-1 15, 23, 24, Our Leadership
employees
307-1 Non-compliance with environmental laws 23 GRI 419: Socioeconomic Compliance 2016
and regulations GRI 408: Child Labor 2016
Management Approach 17
GRI 308: Supplier Environmental Assessment 2016
Management Approach 13, 29, Baxter Global Human Rights Policy,
Baxter Code of Conduct, Global Supplier
Management Approach 13, 29 Standards Manual, Ethics and Compliance 419-1 Non-compliance with laws and regulations 35, Baxter 2023 Annual Report on Form 10-K
Standards for Baxter Suppliers in the social and economic area
Negative environmental impacts in the
308-2 12, 13, 25, 29 Operations and suppliers at significant
supply chain and actions taken 408-1 29
risk for i
Keyword: governance
investors and other key stakeholders in the areas of governance, strategy, risk management, and metrics and targets. This report builds on Baxter’s more than 30-year history of publishing environmental performance information, including
extensive reporting of the company’s policies, programs and progress addressing climate change. Baxter is committed to transparency and strong disclosure in this area, as we drive progress toward our goal to achieve carbon neutrality for
our direct operations by 2040 and reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 25% by 2030, aligned with a well-below 2⁰ Celsius science-based target (base year 2020).
This index complements the other content and data in this Corporate Responsibility Report, as well as the company’s Sustainability Accounting Standards Bo
Keyword: governance
CDP Water, and other environmental, social and governance (ESG)-related disclosures. We also publish additional ESG-related information on our Corporate Responsibility website.
1. Governance
RECOMMENDED DISCLOSURE BAXTER DISCLOSURE
a) Describe the Board’s oversight of climate-related Baxter’s Board of Directors, as well as the Board’s Quality and Regulatory Compliance Committee (QRC Committee) and Nominating, Corporate Governance and Public Policy
risks and opportunities Committee (NCGPP Committee), oversee, review and guide strategy related to ESG-related matters, including climate-related risks and opportunities as well as Baxter’s 2030
Corporate Responsibility Commitment and Goals. The QRC Committee has oversight of issues related to environmental, health and safety, and sustainability matters
Keyword: governance
strategy, and financial planning Capital governance and stage gate process: To drive standardization, agility and stakeholder collaboration in the capital project management process, Baxter follows a rigorous
stage gate process for all Integrated Supply Chain capital projects valued above preset thresholds. This involves consistent steps both prior to and following project approval.
The front-end loading (FEL) document is used for all projects entering this process. The FEL document provides business, quality and design basis information, as well as product
safety requirements, related to the capital appropriation. It also delivers a consensus technical recommendation to the project team and includes project performance criteria and
identified associated risks. In addition, the report inclu
Keyword: bribe
assessment, which includes bribery and corruption risk as a standard item.
205-2
Communication and training about anti-corruption 
policies and procedures
100% of governance body members and teammates have had our anti-corruption 
policies and procedures communicated to them.
205-3
Confirmed incidents of corruption and actions taken
No incidents
GRI 206: Anti-competitive Behavior 2016
206-1
Legal actions for anti-competitive behavior, anti-trust, and 
monopoly practices
In 2021, Nucor and other US steel producers were named in a federal antitrust case 
entitled JSW Steel (USA) Inc. and JSW Steel USA Ohio, Inc. v. Nucor Corp., United 
States Steel Corp., AK Steel Holding Corp., and Cleveland-Cliffs Inc. This Texas 
action alleged that Nucor, U.S. Steel, AK Steel, and Clevela
Keyword: corruption
GRI 205: Anti-Corruption 2016
205-1
Operations assessed for risks related to corruption
100% of our business operation and every functional area is included in our annual risk 
assessment, which includes bribery and corruption risk as a standard item.
205-2
Communication and training about anti-corruption 
policies and procedures
100% of governance body members and teammates have had our anti-corruption 
policies and procedures communicated to them.
205-3
Confirmed incidents of corruption and actions taken
No incidents
GRI 206: Anti-competitive Behavior 2016
206-1
Legal actions for anti-competitive behavior, anti-trust, and 
monopoly practices
In 2021, Nucor and other US steel producers were named in a federal antitrust case 
entitled JSW Steel (USA) Inc. and JSW
Keyword: governance
Governance
17
Safety, Teammates & Culture
31
Environmental Performance
44
Policy Engagement
48
GRI Index
TABLE OF
CONTENTS
2
3
LEON J. TOPALIAN
LETTER FROM THE CEO
Dear Stakeholders:  
In just a few short years, sustainability has gone from a topic of discussion in the steel industry to 
a driver of business strategy. A pathway for decarbonizing our industry is emerging, but it requires 
investment and technological breakthroughs to be realized.  
To bring this future into existence, we have to actively engage with partners and invest in new and 
emerging technologies to make a decarbonized steel industry a reality. And we are doing just that.  
During 2023 and the first few months of 2024, we continued to take action to accelerate the arrival 
of a
Keyword: governance
GOVERNANCE
15
At Nucor, we believe that our reputation for fair business 
dealings with our contractors, suppliers, customers and 
each other provides us with a strong foundation, and 
helps to ensure our success.
LEGACY OF CARING
Since our founding, Nucor has taken the long-term view. We believe that ongoing investment 
in our people, our communities, and in our partnerships will generate attractive returns for our 
stockholders far into the future. Our dedication to the health and safety of our teammates, our 
focus on being reliable partners for our customers, and our commitment to being good stewards 
of the communities where we live and work are all key elements of living the Nucor culture.  
BOARD, STRUCTURES, COMMITTEES
Nucor’s Board of Direct
Keyword: governance
three committees: Audit, Compensation and Executive Development, and Governance and 
Nominating. The Audit Committee is responsible for financial oversight and compliance, the 
Compensation and Executive Development Committee determines compensation for senior 
officers and Directors, while the Governance and Nominating Committee evaluates and 
recommends nominees for Board membership and oversees and makes recommendations 
to the Board regarding corporate sustainability and other environmental, social and related 
governance (“ESG”) matters. Detailed explanations of the Board, Committees and their 
respective responsibilities can be found on our website.  
Nucor provides training for new members of our Board of Directors including detailed 
materials explaining the company’s practices. Additionally, we ensure that se
Keyword: governance
GOVERNANCE
16
GOVERNANCE
APPROACH TO RISK ASSESSMENT 
The Board of Directors establishes guidelines to assess and manage risks faced by Nucor. 
In addition to Board oversight, our CEO and our entire executive team are fully engaged in 
risk management and mitigation. A comprehensive annual report on the risks facing Nucor 
is prepared by our Corporate Controller, Director of Internal Audit and General Counsel and 
submitted to the Audit Committee for review. In its oversight role, the Audit Committee 
then meets with our managers to discuss and provide feedback on how Nucor prioritizes 
its risks.
The risks identified include those related to climate change such as extreme weather 
events, disruptions to our supply chain and impacts to our markets. S
Keyword: governance
Governance and Nominating Committee, which has oversight of all lobbying activities. We file 
quarterly lobbying disclosure forms with the Clerk of the House of Representatives and the 
Secretary of the Senate as required by the federal Lobbying Disclosure Act. Disclosure forms 
are also filed as necessary in the 21 states where we engage in lobbying. 
Nucor complies with federal, state, and local campaign finance laws and regulations 
governing political contributions and the disclosure of these contributions. In accordance 
with federal law, Nucor does not contribute to any political candidates, parties or 
committees at the federal level. Contributions to federal candidates and committees are 
allowed only through the Nucor Corporation Political A
Keyword: governance
Governance, please see page 16.
Environmental Performance, please see page 33.
2-6
Activities, value chain and other business relationships
Who We Are & How We Create Value, please see pages 6-9.
2023 Nucor Corporation 10-K Filing, please see pages 1-9.
2-7
Employees
Letter From The CEO, please see page 3.
EEO 2022
Safety, teammates & culture, please see pages 17-22.
2-9
Governance structure and composition
Governance, please see pages 15-16.
2023 Nucor Corporation 10-K Filing, please see pages 29-31.
Nucor Board of Directors
2-10
Nomination and selection of the highest governance body
Governance, please see pages 15-16.
Corporate Governance Principles
Governance and Nominating Committee Charter
2-11
Chair of the highest governance body
Governance, p
Keyword: governance
Role of the highest governance body in overseeing the 
management of impacts
Governance, please see pages 15-16.
Nucor Board of Directors
GRI INDEX
50
GRI INDEX
GENERAL DISCLOSURES
INFORMATION OR PAGE REFERENCE
G2: General Disclosures 2021
2-13
Delegation of responsibility for managing impacts
Governance, please see pages 15-16.
Nucor Board of Directors
2-14
Role of the highest governance body in
sustainability reporting
Governance, please see page 16.
2-15
Conflicts of interest
Corporate Governance Principles
2-16
Communication of critical concerns
Nucor Whistleblower Program
2-17
Collective knowledge of the highest governance body
Nucor 2023 Proxy Statement
Nucor Board of Directors
2-18
Evaluation of the performance of the highest
governance body
Corporate Governance
Keyword: governance
Corporate Governance Principles
Compensation and Executive Development Committee Charter
2-20
Process to determine remuneration
Corporate Governance Principles
Compensation and Executive Development Committee Charter
2-21
Annual total compensation ratio
Nucor 2023 Proxy Statement, please see page 51.
2-22
Statement on sustainable development strategy
Letter From The CEO, please see page 3.
Nucor 2023 Proxy Statement, please see page 2.
2-23
Policy commitments
Governance, please see page 16.
Nucor Policies
2-24
Embedding policy commitments
Governance,please see page 16.
Nucor Policies
2-25
Processes to remediate negative impacts
Standards of Business Conduct and Ethics
Nucor Whistleblower Program
2-26
Mechanisms for seeking advice and raising concerns
Standards
Keyword: governance
100% of governance body members and teammates have had our anti-corruption 
policies and procedures communicated to them.
205-3
Confirmed incidents of corruption and actions taken
No incidents
GRI 206: Anti-competitive Behavior 2016
206-1
Legal actions for anti-competitive behavior, anti-trust, and 
monopoly practices
In 2021, Nucor and other US steel producers were named in a federal antitrust case 
entitled JSW Steel (USA) Inc. and JSW Steel USA Ohio, Inc. v. Nucor Corp., United 
States Steel Corp., AK Steel Holding Corp., and Cleveland-Cliffs Inc. This Texas 
action alleged that Nucor, U.S. Steel, AK Steel, and Cleveland-Cliffs participated in a 
group boycott to prevent JSW from purchasing steel slabs. Nucor moved to dismiss 
this action and the District
Keyword: governance
Diversity of governance bodies and employees
2023 Nucor Corporation 10-K Filing, please see page 18.
GRI 408: Child Labor 2016
408-1
Operations and suppliers at significant risk for 
incidents of child labor
Each of our divisions uses Virtual Compliance to screen all potential international suppliers.
GRI 409: Forced or Compulsory Labor 2016
409-1
Operations and suppliers at significant risk for 
incidents of forced or compulsory labor
Each of our divisions uses Virtual Compliance to screen all potential international suppliers.
56
GRI INDEX
INFORMATION OR PAGE REFERENCE
GRI 414: Supplier Social Assessment 2016
414-1
New suppliers that were screened using social criteria
Each of our divisions uses Virtual Compliance to screen all
potential international suppliers
Keyword: governance
SOCIAL GOVERNANCE
RESILIENCY ESG TARGETSWELCOME TO OUR
SUSTAINABILITY
REPORT
We had a remarkable and busy year at Extra Space Storage in 2023. Our team undertook the
enormous task of a transformational merger with Life Storage and executed effectively in a short time
frame. This merger increased Extra Space’s scale, increasing our national portfolio to over 3,700
stores, totaling 283 million rentable square feet. This transaction also made Extra Space a top 10 REIT
included in the MSCI U.S. REIT Index by market capitalization.
Our continued growth impacts nearly every part of our operation – including our environmental, social,
and governance initiatives. Regarding resiliency, our portfolio now has greater diversification, reducing
our proportional exposure
Keyword: governance
We are committed to strong corporate governance to promote the long-term interests of our
stockholders, strengthen management accountability, and help maintain public trust in Extra Space
Storage. We encourage open communication and positive working relationships among the members
of our board. Our directors have access to, and regularly meet with, senior management and other
employees. We actively seek input from our stockholders through our stockholder engagement
programs, and we have contact with the majority of our stockholders annually. We host quarterly
earnings conference calls to which all stockholders have access. We have adopted several governance
changes as a result of feedback received through our stockholder outreach efforts, as well as board
refreshment to add more indepen
Keyword: governance
the actions we have taken presents an overall governance structure responsive to their views.
• Independent Lead Director and Independent • Stockholder ability to amend bylaws
Director led committees – Audit; Compensation; • Regular succession planning and strong mentoring
and Nominating, Governance and Corporate culture
Responsibility • Proxy access provisions in bylaws
• Code of Business Conduct and Ethics – Signed by • No employment agreements with officers
all directors, officers and employees with annual • Data protection and privacy policy
review • No stockholder rights plan (poison pill)
• Separate Chairman and Chief Executive Officer • Annual advisory vote to approve executive
• Whistleblowing and whistleblower protection policy compensation
• Nine out of ten directors are independent •
Keyword: governance
GOVERNANCE
Our organization’s resilience strategy includes direct oversight of climate-related issues by the
Nominating, Governance and Corporate Responsibility Committee of our Board of Directors. Our
sustainability committee and our senior management teams meet with the Board to discuss and assess
climate related risk and opportunities quarterly.
STRATEGY
Some key examples of physical risk we’ve identified are properties that are exposed to climate hazards
of earthquakes, extratropical storms, flash flood, hail, river flood, sea-level rise, storm surge, tropical
cyclones, wildfires and other perils. We have addressed these risks by constructing a highly diversified
portfolio, minimizing exposure to different risks, and obtaining third party propert
Keyword: bribe
policies and expectations regarding human rights, business ethics, anti-bribery, anti-corruption, cybersecurity, workplace harassment, unconscious bias,
and employee health and safety. The standards of conduct and applicable policies are reinforced for hiring managers through additional trainings within
our Leadership Training Plan, a manager-focused curriculum developed by our internal training department, the Fastenal School of Business. Managers
are automatically enrolled in this curriculum, which includes trainings on coaching, business ethics, recruiting, and other topics related to fair and effective
leadership.
Compliance Trainings
As part of our people-centered culture, Fastenal invests in comprehensive, career-long employee training and development through the Fastenal School
of Business, including training f
Keyword: bribe
Peace, Justice and Strong Institutions Target 16.5: Substantially reduce corruption and bribery in all their forms
Promote peaceful and inclusive societies for
sustainable development, provide access to justice
for all and build effective, accountable and inclusive
institutions at all levels
6677@FastenalCompany @Fastenal_Company @FastenalCompany @Fastenal @Fastenal
facebook.com/fastenalcompany instagram.com/fastenal_company twitter.com/fastenalcompany youtube.com/fastenalcompany linkedin.com/company/fastenal
WF_825900 | 3.24 JF
Keyword: corruption
policies and expectations regarding human rights, business ethics, anti-bribery, anti-corruption, cybersecurity, workplace harassment, unconscious bias,
and employee health and safety. The standards of conduct and applicable policies are reinforced for hiring managers through additional trainings within
our Leadership Training Plan, a manager-focused curriculum developed by our internal training department, the Fastenal School of Business. Managers
are automatically enrolled in this curriculum, which includes trainings on coaching, business ethics, recruiting, and other topics related to fair and effective
leadership.
Compliance Trainings
As part of our people-centered culture, Fastenal invests in comprehensive, career-long employee training and development through the Fastenal School
of Business, including training focused on the env
Keyword: corruption
Peace, Justice and Strong Institutions Target 16.5: Substantially reduce corruption and bribery in all their forms
Promote peaceful and inclusive societies for
sustainable development, provide access to justice
for all and build effective, accountable and inclusive
institutions at all levels
6677@FastenalCompany @Fastenal_Company @FastenalCompany @Fastenal @Fastenal
facebook.com/fastenalcompany instagram.com/fastenal_company twitter.com/fastenalcompany youtube.com/fastenalcompany linkedin.com/company/fastenal
WF_825900 | 3.24 JF