exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
61 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
PUBLIC POLICY
POLITICAL ACTION Guided by our Anti-Corruption The non-partisan group reviews potential Donations are not made to
Cintas regularly and proactively engages
Corporate Policy, we have established political contributions with six criteria: presidential candidates.
a formal process that dictates how
with a cross-section of policymakers at • Strategies important to Cintas During the 2020 election cycle, the
we may engage with policymakers
the federal and state levels, as well as • Cintas employment presence in their PAC made donations to 12 political
and any related organizations. In
regulatory bodies, about four issues district/state entities totaling $58,000. In this figure,
cooperation with approved third-party
central
Keyword: governance
62 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
CYBERSECURITY, DATA, AND CUSTOMER PRIVACY
Our General Privacy Policy outlines our CYBERSECURITY
policies and procedures governing our
Our business relies on complex,
data collection, data use, and data storage,
integrated computer systems,
as well as our communications policies
including third-party systems, to be
about these measures. It also enumerates
successful. These systems provide us
special considerations for users in
with convenient and instant access to
California and Nevada.
customer and supplier information,
We live and work in an age where process transactions worldwide, and
computers and connected economies provide other general information
are essential to daily life – including our necessary to run our business.
da
Keyword: governance
IT security/governance, and prevailing
computer- and network-related
threats and countermeasures in place
disruptions, our business still faces an
to protect Cintas’ systems. The CIO also
unknown and unpredictable risk.
provides topical updates to the full Board
throughout the year. Further, the Audit
Committee monitors the compliance for
our annual Information Security Awareness
and PCI Compliance training courses.
63 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
REGULATORY COMPLIANCE
During FY21, we did not identify any
substantiated significant concerns
received through normal grievance
channels about our actions related to
the environment, health and safety,
discriminatory practices, violations
involving the rights of indigenous
p
Keyword: governance
64 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
APPENDIX
66 Definitions
67 Notes and Methodologies
68 Referenced Calculations
71 GRI Index
78 SASB Index
65 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DEFINITIONS
GLOBAL SUPPLY CHAIN SUPPLIERS
References to Global Supply Chain Suppliers throughout this ESG report refer to our
suppliers, vendors, and business partners that generally facilitate $1 million or more in
purchases by Cintas and that must meet specific requirements to do business with us.
Cintas and our locations also regularly do business with other vendors, suppliers, and
business partners that do not fall within this spend threshold and, for the purpose of
this report, are not included in this reporting.
HUNDREDWEIGHT (CWT)
In the United
Keyword: governance
66 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
NOTES AND METHODOLOGIES
REPORTING FRAMEWORK & DATA DISCLOSURES EMISSIONS DATA RESTATEMENTS
In our 2021 ESG Report, we have reported our company’s disclosures in reference to In our 2021 ESG Report, we have recalculated our prior emissions data and restated it
the Global Reporting Index (GRI) Standards as they were available on June 1, 2021. in this data set. On top of the expanded locations included in reporting, we have also
There are select instances where we have chosen not to report required components more accurately assigned location-based emissions factors for the years reported. In our
of GRI’s disclosures because we anticipate forthcoming guidance from U.S. federal 2020 ESG Report, our emissions data used country averages
Keyword: governance
67 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
REFERENCED CALCULATIONS
CINTAS VS. AT-HOME LAUNDRY COMPARISONS* CINTAS VS. TRSA INDUSTRY COMPARISONS
Calculations of Cintas’ laundry process efficiency versus traditional at-home laundry The Textile Rental Services Association (TRSA) collects and publishes industry
process efficiency were calculated by Water Solutions Incorporated (WSI) using sustainability data that includes voluntary contributions from its membership and other
industry-specific calculations, Cintas-specific FY21 water and energy values, and non-member industry businesses.
general assumptions for both industrial and traditional at-home laundry processes.
The last edition of the TRSA Sustainability Report was published in 2018. The report
Cintas’ FY21 values of 1.
Keyword: governance
68 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
In order to perform accurate comparisons of our FY21 performance against the last
available TRSA Operator Norm, we had to convert the industry averages provided by
INTENSITY CINTAS INTENSITY TRSA INTENSITY COMPARISON
TRSA and our data into common units of measure.
VALUE METRIC METRIC INTENSITY METRIC
For TRSA data, MMBtu were converted to Btu and then converted to megajoules (MJ). Energy Intensity Gigajoules per Btu per pound Megajoules per
Pounds were converted to hundredweight (100 pounds per hundredweight). Gallons million dollars in (Btu/pound) hundredweight
revenue (GJ/$M) (MJ/Cwt)
were converted to kilogallons (kgal). Inch Calculator was used for energy conversions
and Kyles Converter was used for water conversions. Water In
Keyword: governance
69 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
COVID-19’S IMPACT ON WASH MIX AND METRICS PER HUNDREDWEIGHT* The effect of the wash mix changes becomes apparent when our intensity values are
calculated as a factor of hundredweight (Cwt), a measure of 100 pounds of laundry.
As discussed in the Environment section in “The Impact of COVID-19 on Intensity
Measures,” our newly created emissions, energy, and water intensity metrics use While our gross energy use, emissions, and water use decreased from FY20 to FY21,
millions of dollars in revenues as the unit of measure. For FY21, this new metric the decrease in poundage was greater than the rates of energy, emissions, and water
demonstrated reductions in intensity values over FY20 for all three metrics, as our reduction, which resul
Keyword: governance
70 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
2021 GLOBAL REPORTING INITIATIVE (GRI) INDEX
This GRI Index accompanies our 2021 ESG Report and references the Global Reporting Initiative (GRI) Standards as they were available on June 1, 2021. As we continue our
organizational review and finalize our processes and strategies to move forward along our ESG journey, we expect to be able to disclose additional information. The data in this
report relates to the period from June 1, 2020 to May 31, 2021, unless otherwise stated. For a detailed explanation of the indicators, visit the GRI website: globalreporting.org.
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
Organization Profile
102-01 Name of organization FY21 Form 10-K (pg. 1)
102-02 Activities, brands, produc
Keyword: governance
102-11 Precautionary Principal or approach Governance > ESG Governance > Governance Approach
102-12 External initiatives Social > Local Communities
Strategy
102-14 Statement from senior decision-maker About Cintas > A Message from Our CEO
102-15 Key impacts, risks and opportunities About Cintas > A Message from Our CEO
Ethics and Integrity
102-16 Values, principles, standards, and norms of behavior About Cintas > The Spirit Is The Difference
102-17 Mechanisms for advice and concerns about ethics Governance > ESG Governance > Critical Concerns
Governance
102-18 Governance Structure Governance > ESG Governance > Governance Structure
102-19 Delegating authority Governance > ESG Governance > Governance Structure
Governance > ESG Governance > ESG Oversight
71 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APP
Keyword: governance
102-20 Executive-level responsibility for economic, environmental, Governance > ESG Governance > ESG Oversight
and social topics
102-21 Consulting stakeholders on economic, environmental, and social topics About Cintas > Stakeholder Engagement
Governance > ESG Governance > ESG Oversight
Social > Global Supply Chain and Supplier Relations > Promoting Ethical Interactions
> Reporting Concerns
102-22 Composition of the highest governance body and its committees Governance > ESG Governance > Governance Structure
Governance > ESG Governance > FY22 Board of Directors
2021 Proxy Statement (pg. 6)
102-23 Chair of the highest governance body Governance > ESG Governance > Governance Structure
2021 Proxy Statement (pg. 6)
102-24 Nominating and selecting the highest governance body 2021 Proxy Statement (pg. 8)
102-25 Conflicts of interest 2021
Keyword: governance
102-26 Role of highest governance body in setting purpose, values, Governance > ESG Governance > Governance Approach
and strategy 2021 Proxy Statement (pg. 6)
Corporate Governance Guidelines
102-27 Collective knowledge of highest governance body Governance > ESG Governance > ESG Oversight
102-28 Evaluating the highest governance body’s performance Corporate Governance Guidelines (pg. 5)
102-29 Identifying and managing economic, environmental, and social impacts Governance > ESG Governance > ESG Oversight
2021 Proxy Statement (pg. 6-7)
102-30 Effectiveness of risk management processes Governance > ESG Governance > ESG Oversight
2021 Proxy Statement (pg. 6)
102-31 Review of economic, environmental and social topics Governance > ESG Governance > ESG Oversight
2021 Proxy Statement (pg. 6-7)
102-32 Highest governance body’s role in sustainability rep
Keyword: governance
orting Governance > ESG Governance > ESG Oversight
102-33 Communicating critical concerns Governance > ESG Governance > Critical Concerns
102-34 Nature and total number of critical concerns Governance > ESG Governance > Critical Concerns
102-35 Remuneration policies 2021 Proxy Statement (pg. 12)
102-36 Process for determining remuneration 2021 Proxy Statement (pg. 12)
102-37 Stakeholders’ involvement in remuneration 2021 Proxy Statement (pg. 39)
102-38 Annual total compensation ratio 2021 Proxy Statement (pg. 32)
102-39 Percentage increase in annual total compensation ratio 2021 Proxy Statement (pg. 32)
2021 Proxy Statement (pg. 28)
72 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
S
Keyword: governance
201-04 Financial assistance received from government Governance > Tax
Market Presence
202-01 Ratios of standard entry level wage by gender compared to local By the start of our FY22, we expect the entry-level minimum wage paid to U.S.-based
minimum wage hourly employee-partners will be a minimum of $15.70 per hour. That figure can be
adjusted upward as necessary based on work experience, the geographic location of the
employee-partner’s work facility, and/or other overriding local or state minimum wage
requirements. This figure is higher than the current U.S. federal minimum wage for non-
tipped employees ($7.25 per hour), which went into effect in 2009.
73 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
Indirect
Keyword: governance
205-01 Operations assessed for risks related to corruption Governance > Ethics and Integrity > Anti-Bribery and Corruption
205-02 Communication and training about anti-corruption policies Governance > Ethics and Integrity > Anti-Bribery and Corruption
and procedures
Anti-competitive Behavior
206-01 Legal actions for anti-competitive behavior, anti-trust, and Governance > Ethics and Integrity
monopoly practices
Tax
207-01 Approach to tax Governance > Tax
207-02 Tax governance, control, and risk management Governance > Tax
207-03 Stakeholder engagement and management concerns related to tax Governance > Tax
About Cintas > Stakeholder Engagement
Materials
301-03 Reclaimed products and their packaging materials Environment > Waste and Materials Use > SPOTLIGHT: Materials Innovation
Energy
302-01 Energy consumpti
Keyword: governance
74 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
Emissions
305-01 Direct (Scope 1) GHG emissions Environment > Climate and Energy > Lowering GHG Emissions
305-02 Energy indirect (Scope 2) GHG emissions Environment > Climate and Energy > Lowering GHG Emissions
305-03 Other indirect (Scope 3) GHG emissions As part of our new ambition to achieve Net Zero GHG emissions by 2050, we will explore
opportunities to identify and reduce Scope 3 GHG emissions from our supply chain.
305-04 GHG emissions intensity Environment > Climate and Energy > Lowering GHG Emissions
305-05 Reduction of GHG emissions Environment > Climate and Energy > Lowering GHG Emissions
Effluents and Waste
306-01 Water discharge by quality and destinatio
Keyword: governance
306-03 Significant spills Governance > Regulatory Compliance
306-05 Water bodies affected by water discharges and/or runoff Environment > Water Stewardship > Managing Wastewater
Environmental Compliance
307-01 Non-compliance with environmental laws and regulations Governance > Regulatory Compliance
Supplier Environmental Assessment
308-01 New suppliers that were screened using environmental criteria Social > Global Supply Chain and Supplier Relations > Assessing and Monitoring New
Global Supply Chain Suppliers
Employment
401-01 New employee hires and employee turnover Social > Talent Recruitment
Social > Talent Retention
401-02 Benefits provided to full-time employees that are not provided to Social > Compensation
temporary or part-time employees
Labor/Management Relations
40
Keyword: governance
75 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
403-04 Worker participation, consultation, and communication on Social > Safety and Health
occupational health and safety
403-05 Worker training on occupational health and safety Social > Safety and Health > Training and Development
403-06 Promotion of worker health Social > Compensation > Employee Benefits
Social > Safety and Health > Occupational Health Initiatives
403-07 Prevention and mitigation of occupational health and safety impacts Social > Safety and Health > Occupational Health and Safety Management System
directly linked by business relationships
403-08 Workers covered by an occupational health and safety Social > Safety and Health > Occupational Health a
Keyword: governance
406-01 Incidents of discrimination and corrective actions taken Governance > Regulatory Compliance
Freedom of Association and Collective Bargaining
407-01 Operations and suppliers in which the right to freedom of association Social > Labor Relations
and collective bargaining may be at risk
Child Labor
408-01 Operations and suppliers at significant risk for incidents of child labor Social > Human Rights > Our Standards and Requirements
Social > Global Supply Chain and Supplier Relations > Human Rights Standards
Forced or Compulsory Labor
409-01 Operations and suppliers at significant risk for incidents of forced or Social > Human Rights > Our Standards and Requirements
compulsory labor Social > Global Supply Chain and Supplier Relations > Human Rights Standards
Rights of Indigenous Peoples
411-01 Incidents of viol
Keyword: governance
ations involving rights of indigenous peoples Governance > Regulatory Compliance
76 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
DISCLOSURE DESCRIPTION PAGE NUMBER(S), URL(S) AND/OR INFORMATION
Human Rights Assessment
412-01 Operations that have been subject to human rights reviews or Social > Human Rights
impact assessments Social > Global Supply Chain and Supplier Relations
412-02 Employee training on human rights policies or procedures Social > Human Rights
Social > Global Supply Chain and Supplier Relations
412-03 Significant investment agreements and contracts that include human Social > Human Rights
rights clauses or that underwent human rights screening Social > Global Supply Chain and Supplier Relations
Local Communities
413-01 Operations with local community
Keyword: governance
Governance > Regulatory Compliance
Supplier Social Assessment
414-01 New suppliers that were screened using social criteria Social > Global Supply Chain and Supplier Relations > Assessing and Monitoring New
Global Supply Chain Suppliers
414-02 Negative social impacts in the supply chain and actions taken Social > Global Supply Chain and Supplier Relations > Promoting Ethical Interactions
Public Policy
415-01 Political contributions Governance > Public Policy > Political Action
Customer Health and Safety
416-02 Incidents of non-compliance concerning the health and safety impacts Governance > Regulatory Compliance
of products and services
Marketing and Labeling
417-02 Incidents of non-compliance concerning product and service Governance > Regulatory Co
Keyword: governance
417-03 Incidents of non-compliance concerning marketing communications Governance > Regulatory Compliance
Customer Privacy
418-01 Substantiated complaints concerning breaches of customer privacy Governance > Cybersecurity, Data, and Customer Privacy
and losses of customer data
Socioeconomic Compliance
419-01 Non-compliance with laws and regulations in the social and Governance > Regulatory Compliance
economic area
77 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
2021 SUSTAINABLE ACCOUNTING
STANDARDS BOARD (SASB) INDEX
As we continue to make progress on our overall ESG reporting, this year we have referenced the Sustainable Accounting Standards Board (SASB) framework while developing
our 2021 ESG Report. As a company with a unique and complex business model that falls under multiple industry c
Keyword: governance
Data Security SV-PS-230a.1 Description of approach Discussion n/a Cintas takes a multiple-tiered approach Governance > Cybersecurity, Data,
to identifying and and Analysis to system security. We utilize software and Customer Privacy
addressing data programs to identify potential system FY21 Form 10-K > Item 1A.
security risks security risks, and perform a regular Risk Factors
analysis of the system updates. We
regularly audit and review our processes. In
addition, Cintas performs regular security
maintenance, including issuing system
patches, performing penetration testing,
and monitoring data flow throughout the
company, among other security efforts.
Cintas’ employee-partners are also required
to complete annual online training courses
to help them identify potential digital
security risks.
SV-PS-230a.2 Description of policies Discussion n/a We adhere t
Keyword: governance
o best practices for data Governance > Cybersecurity, Data,
and practices relating to and Analysis collection, usage, and retention of and Customer Privacy
collection, usage, and customer information, and undergo regular FY21 Form 10-K > Item 1A.
retention of customer audits. We regularly implement additional Risk Factors
information layers of privacy controls and implement
Cintas General Privacy Policy
adjustments to our practices as necessary.
Cintas California Privacy Act
SV-PS-230a.3 (1) Number of Quantitative Number, At the time of this report, we are not aware Governance > Cybersecurity, Data,
data breaches, (2) Percentage (%) of any customers whose CBI or PII have and Customer Privacy
percentage involving been affected by cybersecurity issues FY21 Form 8-K (September 2
Keyword: governance
78 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
TOPIC CODE ACCOUNTING METRIC CATEGORY UNIT OF MEASURE DATA AND ADDITIONAL INFORMATION REFERENCE LOCATION
Workforce SV-PS-330a.1 Percentage of gender Quantitative Percentage (%) Total Workforce: Gender Social > Diversity, Equity,
Diversity & and racial/ethnic Female = 35.8% and Inclusion
Engagement group representation Male = 64.2%
for (1) executive
management and (2) all Total Workforce: Racial/Ethnic
other employees Representation
White = 52.6%
Latinx/Hispanic = 19.4%
Black/African American = 13.3%
Asian = 3.7%
Two or More Races = 2.2%
Native American/Alaskan = 0.4%
Native Hawaiian/Pacific Islander = 0.3%
Not Specified = 8.1%
SV-PS-330a.2 (1) Voluntary and Quantitative Rate (1) Voluntary turnover rate = 17% Social > Talent Retent
Keyword: governance
79 CINTAS 2021 ESG REPORTABOUT CINTAS ENVIRONMENT SOCIAL GOVERNANCE APPENDIX
TOPIC CODE ACCOUNTING METRIC CATEGORY UNIT OF MEASURE DATA AND ADDITIONAL INFORMATION REFERENCE LOCATION
Professional SV-PS-510a.1 Description of Discussion n/a n/a Governance > Ethics and Integrity
Integrity approach to ensuring and Analysis Code of Conduct and Business
professional integrity Ethics: Standards of Business
Conduct (pg. 3)
Code of Conduct and Business
Ethics: Conflicts of Interest (pg. 4)
Code of Conduct and Business
Ethics: Accountability and Adherence
to the Code (pg. 6)
SV-PS-510a.2 Total amount of monetary Quantitative Reporting currency n/a FY21 Form 10-K (pg. 14)
losses as a result of legal
proceedings associated
with professional integrity
ACTIVITY METRIC CATEGORY UNIT OF MEASURE DATA AND ADDITIONAL INFORMAT
Keyword: governance
Addressing environmental, social and governance (“ESG”) issues is one of Everest’s
1 11 CHARITABLE
top operating priorities. Since the publication of our 2021 Corporate Responsibility 27
EVENTS
Report in April 2022, we have continued to apply best-in-class practices to uphold our
Involving Over
NEW
commitment to ESG principals. We continually refine our ESG priorities to ensure we
450 YEARS AS
ERG
sufficiently respond to emerging regulations, sustainability guidance and stakeholder A PUBLICLY
The Rising Employees
concerns. From underwriting risk, to investments, to charitable giving, we act as TRADED
Professionals
responsible ESG stewards who reflect the values most important to our key stakeholders. COMPANY
Group
We adopted a biennial reporting schedule for our comprehensive Corporate
Keyword: bribe
required to take anti-bribery and anti-
corruption training based on relevant 
business responsibilities or interactions.  
Conflicts of interest
Under Ecolab’s Code of Conduct, 
employees are required to disclose any 
potential conflict of interest. A conflict of 
interest disclosure form is available for 
employees to use and is included in the 
annual Code of Conduct training. The 
Global Compliance department reviews 
submitted conflict of interest disclosures 
and determines if they can be approved. 
Sometimes approvals are contingent 
upon mitigation and monitoring. 
Conflicts that are not disclosed through 
this process may be problematic and 
considered investigations under Ecolab’s 
Code of Conduct program. 
Ethical answers: Introducing our 
modernized Code of
Keyword: bribe
operational, anti-bribery and anti-
corruption audits to help ensure that data 
is accurate. Certain data analytics tools 
are used to allow for larger data samples 
Our Approach
Environment
Social
Governance
Appendix
About
Contents
82
Anti-corruption
We monitor and identify issues through 
our comprehensive anti-bribery and anti-
corruption program which includes:
•	 A detailed Anti-Corruption Policy and
Procedures
•	 Required training for applicable
employees
•	 Required anti-bribery and anti-
corruption training for medium- and
high-risk third-party intermediaries
•	 Required anti-corruption due diligence
process for third-party intermediaries
•	 Guidance, resources and tools to help
employees understand and comply with
Ecolab’s requirements
•	 Articles and comm
Keyword: bribe
•	 An anti-bribery and anti-corruption
audit program with a dedicated internal
audit manager
•	 Compliance and ethics committees in all
markets to help identify and mitigate risk
Policy and procedures
Ecolab’s Anti-Corruption Policy is designed 
for compliance with applicable anti-
corruption laws in the countries in which 
we do business. Ecolab’s Anti-Corruption 
Policy is available in 24 languages and 
requires all intermediaries operating or 
exporting outside the United States to 
sign and maintain current anti-corruption 
undertakings communicating our policies. 
The Anti-Corruption Policy provides 
extensive guidance on the requirements 
for engaging with third parties. The 
associated procedures are risk-based, 
meaning in higher risk countries 
and
Keyword: bribe
bribery. We have regional programs in 
place to assess conformity with these 
policies and commitments. In addition, 
Ecolab undertakes compliance and ethics 
assessments to better understand human 
rights related risks.
Supporting policies and positions
•	 Our Code of Conduct contains detailed
human rights aspects relevant to
our operations and requires Ecolab
employees to report any potential
human rights issues.
•	 Our Ethical Sourcing Standards
communicate to our vendors and
business partners our expectations
on human rights and ethics and our
standards for operation, including
addressing implications of the UK
Modern Slavery Act and the California
Transparency in Supply Chains Act.
•	 Our Supplier Code of Conduct sets out
expectations for sup
Keyword: bribe
safety, environment, anti-bribery and 
corruption, fair competition and supplied 
materials. Suppliers are expected to 
comply with the Supplier Code of Conduct 
in the course of doing business with 
Ecolab and its employees. Our supplier 
requirements are based on international 
standards including the UN Declaration of 
Human Rights, the UN Convention on the 
Rights of the Child and the Conventions of 
the International Labor Organization (ILO) 
including its Fundamental Principles and 
Rights at Work.
Suppliers are expected to comply with 
all applicable country labor, employment 
and environmental laws and regulations, 
and meet our Ethical Sourcing Standards 
regarding forced labor, child labor, 
health and safety in the workplace, fair 
pay, harassment, diversity, et
Keyword: corruption
Anti-corruption 
83 
Human rights
84 
Supplier relations 
88 
Political action
89  Data privacy, Tax and Compliance
Appendix
91 
ESG performance data
102 About this report
Report overview 
The Ecolab Corporate Responsibility Report documents Ecolab Inc.’s performance on 
environmental, social and governance (ESG) topics. This report includes data from 1 January – 31 
December 2022, unless otherwise stated, and covers Ecolab’s global entities over which we have 
operational control, including our offices, manufacturing plants and research, development 
and engineering facilities. Reporting on other matters specific to financial performance of the 
Company and its subsidiaries and a discussion of forward-looking statements and risk factors 
can be found in
Keyword: corruption
corruption training based on relevant 
business responsibilities or interactions.  
Conflicts of interest
Under Ecolab’s Code of Conduct, 
employees are required to disclose any 
potential conflict of interest. A conflict of 
interest disclosure form is available for 
employees to use and is included in the 
annual Code of Conduct training. The 
Global Compliance department reviews 
submitted conflict of interest disclosures 
and determines if they can be approved. 
Sometimes approvals are contingent 
upon mitigation and monitoring. 
Conflicts that are not disclosed through 
this process may be problematic and 
considered investigations under Ecolab’s 
Code of Conduct program. 
Ethical answers: Introducing our 
modernized Code of Conduct
For a centur
Keyword: corruption
corruption audits to help ensure that data 
is accurate. Certain data analytics tools 
are used to allow for larger data samples 
Our Approach
Environment
Social
Governance
Appendix
About
Contents
82
Anti-corruption
We monitor and identify issues through 
our comprehensive anti-bribery and anti-
corruption program which includes:
•	 A detailed Anti-Corruption Policy and
Procedures
•	 Required training for applicable
employees
•	 Required anti-bribery and anti-
corruption training for medium- and
high-risk third-party intermediaries
•	 Required anti-corruption due diligence
process for third-party intermediaries
•	 Guidance, resources and tools to help
employees understand and comply with
Ecolab’s requirements
•	 Articles and communications
•	 An anti
Keyword: corruption
-bribery and anti-corruption
audit program with a dedicated internal
audit manager
•	 Compliance and ethics committees in all
markets to help identify and mitigate risk
Policy and procedures
Ecolab’s Anti-Corruption Policy is designed 
for compliance with applicable anti-
corruption laws in the countries in which 
we do business. Ecolab’s Anti-Corruption 
Policy is available in 24 languages and 
requires all intermediaries operating or 
exporting outside the United States to 
sign and maintain current anti-corruption 
undertakings communicating our policies. 
The Anti-Corruption Policy provides 
extensive guidance on the requirements 
for engaging with third parties. The 
associated procedures are risk-based, 
meaning in higher risk countries 
and business lines, more
Keyword: corruption
corruption programs and openly report
on them have a competitive advantage
beyond meeting any compliance
obligation. They benefit from risk
reduction, cost savings and sustainable
growth.
•	 Companies can demonstrate their
response to the legal obligation
and responsibility to reduce the risk
of corruption that represents the
company’s commitment to operate an
ethical business.
Ecolab’s Anti-Corruption Policy requires 
all intermediaries to execute anti-
corruption undertakings. If a third party 
refuses to comply with Ecolab’s Anti-
Corruption Policy, this raises a significant 
risk and can lead to the termination of 
the relationship. We also require a third 
party to certify that they have not and 
will not violate basic anti-corruption laws, 
and
Keyword: corruption
Finally, Ecolab’s Anti-Corruption Policy 
requires continuous monitoring of 
third-party compliance with our values. 
We require our existing third parties to 
undergo a rigorous approval process every 
three to four years, depending on certain 
risk-based factors. Based on these risk 
factors, Ecolab will perform an internal 
audit, and if necessary, audit the third 
parties to ensure they are in compliance 
with our Anti-Corruption Policy. 
Training 
Ecolab’s anti-corruption policies and 
procedures are communicated through the 
annual Code of Conduct training, which is 
mandatory for all employees and almost 
all contingent workers globally. In addition, 
annual online anti-corruption training is 
mandatory for all employees that may 
have relevant business responsibili
Keyword: corruption
interactions. More detailed anti-corruption 
training is provided to senior leaders in all 
markets and in high-risk locations. Overall, 
there was a 99% completion rate of anti-
corruption training in 2022. Medium- and 
high-risk intermediaries are also required to 
complete Ecolab’s anti-corruption training.
Audit program
As part of the company’s internal audit 
program, approximately 30 audits 
are completed each year focusing on 
internal/financial controls and operational 
processes, out of approximately 111 
auditable units including countries, 
divisions and departments. Of these units, 
approximately 50 are individual country 
operating locations which are audited 
over a four to five-year cycle. In these 
operational audits, procedures include 
testing controls relevant to
Keyword: corruption
anti-corruption program. In addition, 
one anti-corruption specific audit was 
completed in 2022 as part of Ecolab’s 
anti-corruption program. The Global 
Compliance department also completes 
various assessments for all markets 
and business units, including recently 
acquired operations. Few significant risks 
were identified and risks relating to the 
use of intermediaries were the highest 
risk area identified.
2022 Anti-corruption 
training completion rates
Region	
%
Asia Pacific	
100%
Europe	
99%
Greater China	
100%
India, Middle East and Africa	
100%
Latin America	
98%
North America	
99%
Total		
99%
2022 Ecolab Corporate Responsibility Report
Our Approach
Environment
Social
Governance
Appendix
About
Contents
83
Human rights 
Ecolab is committed to
Keyword: corruption
labor, discrimination, anti-corruption and 
bribery. We have regional programs in 
place to assess conformity with these 
policies and commitments. In addition, 
Ecolab undertakes compliance and ethics 
assessments to better understand human 
rights related risks.
Supporting policies and positions
•	 Our Code of Conduct contains detailed
human rights aspects relevant to
our operations and requires Ecolab
employees to report any potential
human rights issues.
•	 Our Ethical Sourcing Standards
communicate to our vendors and
business partners our expectations
on human rights and ethics and our
standards for operation, including
addressing implications of the UK
Modern Slavery Act and the California
Transparency in Supply Chains Act.
•	 Our Supplier Code of Conduct sets out
expecta
Keyword: corruption
corruption, fair competition and supplied 
materials. Suppliers are expected to 
comply with the Supplier Code of Conduct 
in the course of doing business with 
Ecolab and its employees. Our supplier 
requirements are based on international 
standards including the UN Declaration of 
Human Rights, the UN Convention on the 
Rights of the Child and the Conventions of 
the International Labor Organization (ILO) 
including its Fundamental Principles and 
Rights at Work.
Suppliers are expected to comply with 
all applicable country labor, employment 
and environmental laws and regulations, 
and meet our Ethical Sourcing Standards 
regarding forced labor, child labor, 
health and safety in the workplace, fair 
pay, harassment, diversity, ethics and 
enviro
Keyword: tax
89  Data privacy, Tax and Compliance
Appendix
91 
ESG performance data
102 About this report
Report overview 
The Ecolab Corporate Responsibility Report documents Ecolab Inc.’s performance on 
environmental, social and governance (ESG) topics. This report includes data from 1 January – 31 
December 2022, unless otherwise stated, and covers Ecolab’s global entities over which we have 
operational control, including our offices, manufacturing plants and research, development 
and engineering facilities. Reporting on other matters specific to financial performance of the 
Company and its subsidiaries and a discussion of forward-looking statements and risk factors 
can be found in our 2022 Annual Report. For more information, please see About this report.
3
2022 Ec
Keyword: tax
company match, pre-tax and Roth after-
tax contribution options and a variety of 
investment funds. All contributions are 
immediately vested, and participants 
are provided with complimentary, 
personalized planning and advice. 
In 2022, 80% of Ecolab employees 
participated. For our Company Match 
program, Ecolab contributes $1 for $1 on 
the first 4% of eligible compensation and 
$0.50 for each $1 contributed on the next 
4%, subject to IRS limits. The maximum 
matched is 6% of compensation if an 
employee contributes 8% of their pay. For 
contributions, employees may contribute 
from 1% to 50% of pay up to the IRS limits 
with pre-tax and/or Roth after-tax 
contributions.
U.S. Retiree Health Benefits provide 
employees aged 55 and above with at least 
ten ye
Keyword: tax
Tax
Compliance
At Ecolab, the security of our systems and solutions is 
a top priority. Our Board of Directors oversees Ecolab’s 
global information security strategy and program and 
includes a cybersecurity expert that joined the Board 
in 2014. Our cybersecurity strategy and programs are 
overseen by our Chief Information Security Officer (CISO) 
who chairs an executive-level steering committee, the 
Information Security Steering Committee, and reports 
directly to the Chief Information Officer. 
Ecolab’s cybersecurity and privacy teams work to 
safeguard the company and customer’s data. We partner 
with other companies and industry leaders to help 
protect access to information, ensure the security of data 
storage and transmission and tra
Keyword: tax
The tax we pay is an integral part of our positive economic 
and social impact and supports the advancement of 
the countries in which we operate. We are committed 
to complying with all tax laws and regulations in each 
jurisdiction in which we do business and are guided by 
appropriate international standards as detailed in our 
global Tax Position. Our UK Tax Strategy Statement is also 
available on our website.
In 2022, Ecolab received nominal monetary support, 
awards, tax reliefs or subsidies directly from governments. 
We received federal and state credits in the United States 
to support our research and development initiatives 
totaling approximately $24M based on estimates for 
the 2022 tax return year.   Ecolab also received a U.S. 
fed
Keyword: tax
Republic tax holiday of $5.8 million in 2022 (valued benefit 
equals the difference in the statutory tax rate applied to 
Ecolab’s income for 2022 compared to the zero-tax paid). 
Anticipated tax deductions by the Australian government 
for research and development expenditures in Australia 
will total approximately $110,000 for 2022 and a similar 
benefit in Spain of approximately $190,000. Anticipated 
tax deductions in the United Kingdom for research 
and development expenditures in the UK will total 
approximately $600,000 for 2022.
In 2022, there were no new material grievances related 
to environmental, health and safety, product and service 
information and labeling or marketing communications 
impacts filed through formal grievance mechanisms.
Keyword: governance
Governance
79 
Corporate governance
80 
Business ethics
82 
Anti-corruption 
83 
Human rights
84 
Supplier relations 
88 
Political action
89  Data privacy, Tax and Compliance
Appendix
91 
ESG performance data
102 About this report
Report overview 
The Ecolab Corporate Responsibility Report documents Ecolab Inc.’s performance on 
environmental, social and governance (ESG) topics. This report includes data from 1 January – 31 
December 2022, unless otherwise stated, and covers Ecolab’s global entities over which we have 
operational control, including our offices, manufacturing plants and research, development 
and engineering facilities. Reporting on other matters specific to financial performance of the 
Company and its subsidiaries and a discussion
Keyword: governance
Governance
Appendix
About
Contents
Building a 100% positive future, together
For a century, we’ve been growing fast 
by protecting what’s vital. We’ve been 
solving some of the world’s most complex 
problems, helping protect people from 
infections and protect the resources vital to 
life by making a positive impact on our 
customers, communities and the planet.
This mission is more important than ever. 
Climate change, water scarcity and 
pandemics—three defining challenges of 
our time—are growing more urgent, 
impacting businesses and communities 
every day.
As the global leader in water, hygiene and 
infection prevention solutions, we 
understand that to lead and have a 
positive impact, we need ambitious goals. 
And from those goals must come ac
Keyword: governance
Governance
Appendix
About
Contents
Doing well by doing good: 100 years and counting
In March 2023, Ecolab marked its 100-
year anniversary. This was also the month 
that the most important water event in a 
generation took place – the first United 
Nations (UN) Water Conference since 1977. 
As Ecolab looks toward our next century of 
positive impact and growth, we know we 
must rise to the challenges presented to 
us by climate change, water scarcity and 
threats to biodiversity.
To that end, we continue to progress 
toward our 2030 customer Impact 
Goals. And while our biggest impact 
is through our customers, we’re also 
driving significant action in our own 
operations. We have made great progress 
toward our Net Positive Water Impact and 
carbon
Keyword: governance
Governance
Appendix
About
Contents
Protecting people and the 
resources vital to life
Building on a century of innovation, our 
47,000 associates deliver comprehensive 
science-based solutions, data-driven 
insights and world-class service to 
advance food safety, help maintain clean 
and safe environments and optimize water 
and energy use in more than 170 countries 
around the world.
We are united by our purpose to make 
the world cleaner, safer and healthier 
– helping businesses succeed while
protecting people and vital resources. Our
vision is to be the global leader in water,
hygiene and antimicrobial technologies
and services - providing and protecting
what is vital: clean water, safe food and
healthy environments.
An innovative and trusted pa
Keyword: governance
Governance
Appendix
About
Contents
Institutional 
Our Institutional business provides 
specialized cleaning and sanitizing 
products to the foodservice, hospitality, 
lodging, healthcare, government, 
education and food retail industries. 
Industrial 
Our Industrial business provides water 
treatment and process applications, 
and cleaning and sanitizing solutions to 
customers within the manufacturing, food 
and beverage processing, transportation, 
chemical, primary metals, power 
generation, refining, petrochemical, 
pulp and paper, mining and commercial 
laundry industries. 
Healthcare and Life Sciences
Our Healthcare and Life Sciences 
businesses provide specialized 
cleaning and sanitizing products to 
the healthcare, personal care and 
pharmac
Keyword: governance
Governance
Appendix
About
Contents
Office building
Air filtration solutions, 
cleaning and sanitizing 
solutions & water treatment
Hospital
Cleaning and sanitizing solutions, 
food safety solutions, hand 
hygiene, laundry solutions, patient 
and equipment drapes, surgical 
room turnover & water treatment
Restaurants
Cleaning and sanitizing solutions, food safety solutions and 
audits, hand hygiene, kitchen equipment repair, pest elimination, 
warewashing & water filtration and treatment
Dairy farm
Cleaning and sanitizing 
solutions & animal 
hygiene products
Oil refinery
Corrosion and fouling 
control, desalting and 
emulsion breaking, fuel 
additives and stabilizers & 
water treatment solutions
Mining site
Air quality solutions, water 
and effluent
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
8
Our approach
Our Approach
Environment
Social
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
9
People health
Planet health
Business health
Our sustainability strategy: Advancing people, 
planet and business health around the world
+
+
Helping people thrive by protecting their 
individual health, the food they eat and 
the spaces where they live and work. 
With more than 1,200 scientists, engineers and technical 
specialists, we help our customers address both known 
and emerging public health and food safety issues. 
Our solutions and services help promote good hygiene 
and prevent the spread of pathogens to keep people 
healthy where they
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
10
People health
Planet health
Business health
+
+
We activate our sustainability strategy to advance people, planet and business health through areas that are important to our stakeholders and vital to commercial success. 
Because our growth and impact are fundamentally linked, our sights are set on building a 100% positive future.   
Our sustainability strategy
positively impact the lives of over 3 billion 
people by protecting water, providing  
safe food and preventing infections.
achieve a net positive water and  
climate impact by conserving water 
and avoiding emissions.
While we work tirelessly to minimize our environmental 
footprint, Ecolab water- and energy-savi
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
11
ESG governance
Our Board has an established framework 
for assessing key environmental, 
social and governance (ESG) risks 
and opportunities most relevant to the 
company’s long-term sustainability goals. 
The framework takes into consideration 
the metrics and disclosures described 
in the World Economic Forum (“WEF”) 
report entitled, Measuring Stakeholder 
Capitalism: Towards Common Metrics 
and Consistent Reporting of Sustainable 
Value Creation. Our Board actively 
oversees these efforts primarily through 
the Safety, Health and Environment 
(SHE) Committee which is responsible 
for many of the company’s sustainability 
policies, programs and practices 
that affec
Keyword: governance
Governance Committees of the Board 
of Directors also address various ESG 
matters. In addition to reports from these 
committees, the Board receives an annual 
presentation from the SHE Committee 
on the company’s progress against its 
sustainability goals and implementation of 
projects and related activities. 
Ecolab’s sustainability strategy includes 
ESG components and is governed by a 
Sustainability Executive Advisory Team 
(SEAT) that is made up of members of 
the company’s executive leadership team 
including our Chief Sustainability Officer. 
The SEAT meets with the Corporate 
Sustainability team on a quarterly basis. 
Outputs of these meetings are reported 
by the Chief Sustainability Officer to the 
SHE Committee of the Board. 
The Corpor
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
12
To garner a comprehensive understanding 
of our risks and opportunities, we engage 
in ongoing dialogue with a diverse set 
of stakeholders to assess the relevancy of 
sustainability issues and identify 
opportunities to improve. Stakeholders are 
profiled according to the nature of their 
relationship with Ecolab, interest and 
willingness to engage with and influence 
the company. Our annual stakeholder-
engagement process includes employees, 
investors, customers, suppliers and 
relevant external groups, such as non-
governmental organizations (NGOs) and 
communities. 
Employees
Our associates drive innovation, support 
business growth and provide personally 
deliver
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
13
The Global Sustainability Network multiplies 
employees’ impact around the world
1
2
3
Sustainability is resolutely woven into 
our culture and core to everything we 
do at Ecolab. Our purpose to protect the 
resources vital to life drives our 47,000 
associates to address the world’s most 
pressing sustainability challenges every day, 
including water scarcity and climate change. 
To continue to build a 100% positive 
future, our teams recognized the need 
to unite and work together more closely 
than ever before. That’s why on Earth 
Day 2022, Ecolab’s associates launched 
the Global Sustainability Network (GSN), 
an employee-led community group to 
accelerate Ecolab’
Keyword: governance
Governance
Appendix
About
Contents
2022 Ecolab Corporate Responsibility Report
14
Approach
We are committed to reviewing our 
materiality assessment findings at least 
every three years to ensure our strategy 
and reporting activities continue to 
focus on areas where we have the most 
significant actual and potential impact 
while maintaining and strengthening our 
sustainability leadership position. 
Our multifaceted materiality assessment 
process captures and prioritizes 
sustainability topics that are important to 
our stakeholders, align with our company’s 
and customers’ key business drivers and 
inform our business strategy and reporting 
of these issues as required in our Annual 
Report and 10-K. The classification 
and selection of topics i