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Broadridge 2022 Sustainability Report Highlights Long-Term Value

Date 19/10/2022

  • Expands Scope 1, 2 and 3 emissions data disclosure, including TCFD-aligned climate risk analysis
  • Commits to develop net zero greenhouse gas emissions plan
  • Provides results of inaugural ESG materiality assessment
  • Profiles strength and increasing diversity of Broadridge Board
  • Highlights strong associate engagement with Great Place to Work® certification in nine countries

 

 

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today released its 2022 Sustainability Report. The report highlights a year of strong progress in its ESG initiatives.

“Broadridge continues to make important progress on its ESG journey, driving digitization across our client base, enhancing our disclosures, developing a long-term net zero emissions plan, and upholding a strong culture of diversity and inclusion,” said Tim Gokey, Broadridge’s CEO. “Our approach is underpinned by the Service-Profit Chain, with highly engaged associates driving satisfied clients which in turn creates long-term shareholder value.”

The report highlights that Broadridge:

  • Digitally suppressed 86% of paper in equity proxy communications (up 5 percentage points from two years ago), further reducing the cost and the environmental impact of corporate governance for public companies
  • Facilitated approximately 2,500 virtual shareholder meetings in fiscal year 2022, helping to increase investor engagement and drive digitization
  • Increased the representation of women on the Board to 33%, with women chairing two of the three Board Committees. Broadridge has increased the technology and regulatory expertise on its Board which is now close to 60% diverse
  • Disclosed detailed workforce diversity data with the addition of its 2021 U.S. Equal Employment Opportunity Commission (EEO-1) Report in the Sustainability Report
  • Created three new employee Associate Networks focused on young leaders, veterans, and employees with disabilities, complementing existing networks focused on women leaders, multicultural engagement, and LGBTQ+ awareness

 

Additional Resources

Broadridge is committed to keeping its stakeholders updated on the progression of its ESG journey. It has launched an updated sustainability website detailing key initiatives, and a separate site outlining Broadridge’s Diversity, Equity, and Inclusion program and initiatives. To access those sites and learn more, please visit the following links:

 

  • Click here to visit our new Sustainability website, where you can download our sustainability reports, our CDP report, and learn more about our environmental initiatives
  • Click here to visit our page on Social Policies and Framework
  • Click here to visit our page on Governance Policies and Framework
  • Click here to visit our Diversity, Equity, and Inclusion website
  • Click here to learn more about our sustainable products and solutions