CORPORATE CULTURE AND SOCIAL RESPONSIBILITY
The Company delivers unique and compelling storytelling and the finest in news, sports and entertainment. We do this by serving all of our stakeholders, from our
viewers and creative partners to our employees, distributors and advertisers, in a principled, transparent, respectful and fair manner. While the Company is technically a new company, we are rooted by lessons and legacies that go back much further.
Our company was built over decades through the energy and ingenuity of many colleagues and leaders. We have defied conventional wisdom and delivered enduring stories and experiences that capture the hearts and minds of audiences.
We undertake our role as a source of news, information, analysis and entertainment as both a responsibility and a privilege. We are purveyors of First Amendment
activities and defenders of the U.S. Constitution and its rule of law. We contribute to the marketplace of ideas by providing our audiences with the timely news, clear opinion and engaging entertainment they care about from politics to
sports, business to health, natural disasters to uplifting stories of courage, hope and humanity. Through it all we remain steadfast and focused on our core values of trust, integrity and ethical behavior. To that end, the Company has adopted and
published on our website the Standards of Business Conduct and key policies that further integrity and ethics our insider trading and confidentiality policy, our supplier and subcontractor standards titled Doing Business with FOX,
our human rights statement, our political activities policy, our global anti-bribery and anti-corruption policy and our policy regarding preventing harassment, discrimination and retaliation.
We approach corporate social responsibility as another avenue through which we can create value value by investing in our people, our reputation, and our brands;
value to our communities and to the neighbors and colleagues we serve; and value in knowing our actions help others and seeing the impact of our philanthropy. In the spirit of enhancing disclosure to stockholders, we are proud to have published
FOXs inaugural Corporate Social Responsibility Report in September 2020.
Investment in Our Human Capital
Our approximately 9,000 employees underpin our business success
and are the creative, strategic and operational engine of our success. We seek to support and maintain a culture of inclusion and innovation, creativity and collaboration, fair reporting and clear opinions, self-expression and storytelling. We are
proud to invest in our people through competitive pay and benefits, flexibility and support to balance work and personal demands, and extensive professional and personal learning and development programs. We also provide a generous benefits package
that supports our employees health and wellness, educational endeavors and financial stability. Full-time employees are eligible for medical, dental, and vision insurance, with access to telemedicine, and freelancers who work a minimum number
of hours are also eligible for a medical plan.
All full-time FOX employees who were with the Company on March 19, 2019, the date on which the Company became a
standalone publicly traded company, became equity holders. Each of these FOX employees received a grant of equity awards, recognizing the significance of their contributions from the first day of the Companys existence. This ownership
mentality is intended to encourage our entrepreneurial spirit and collegial approach, providing our employees with an environment where they can take creative risks and fulfill their own professional goals.
Following the outbreak of the COVID-19 pandemic, we have taken several actions to support our employees. For example, we are
paying full-time employees medical insurance premiums from March 2020 through December 2020 and waiving co-pays for telemedicine. Additionally, we enhanced our Bright Horizons Back-Up Care benefits to help full-time employees with back-to-school transitions and caregiving support while managing remote work and
virtual learning. For calendar year 2020, we doubled the number of days, from 20 to 40, that employees can use the service for child or elder care and waived employees co-pays from September 2020 through
December 2020 so they can use the back-up care benefits at no cost. Our main priority remains the health, safety and well-being of our employees, and we are continuing to take actions to protect and ensure
their well-being, particularly for those reporters and journalists who are out in the community informing the country about the COVID-19 pandemic at both the national and local level. For more information,
please see Executive Summary Our Dedication to Helping Those Impacted by COVID-19.
Dedication to
Diversity and Inclusion
At FOX, we seek to attract the
brightest people from a broad spectrum of backgrounds, and we support, encourage, and develop our colleagues to lead the industry forward. Throughout our workplaces, we seek to promote and maintain an environment of civility and respect. We are
extremely proud of our workforce diversity and the awards we have received for our commitment to our workers.
We believe that the more voices in the room and the
more diverse the experiences of our colleagues, the better FOXs internal culture and external programming are. Our diversity enables us to be more reflective of the audiences we reach and enhances
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2020 Proxy Statement
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