NEW YORK, Oct. 21, 2020 /PRNewswire/ -- Broadridge
Financial Solutions, Inc. (NYSE:BR), a global Fintech leader,
published its 2020 Sustainability Report outlining its commitment
to conducting its business based on a framework guided by
responsible environmental, social and governance (ESG)
practices.
"At Broadridge, we can only achieve our mission of enabling
better financial lives by taking care of our associates and our
communities," said Tim Gokey, Chief
Executive Officer of Broadridge. "Our 2020 Sustainability Report
outlines that commitment to doing well by doing good, and our
belief that businesses worldwide have a responsibility to operate
sustainably and to help address the serious issues of our time.
Events over the past few months, including the global pandemic and
the focus on racial and social justice, have only reinforced our
conviction that this approach is critical to long-term value
creation."
Corporate sustainability and ESG are foundational to how
Broadridge operates its business. For years, the company has
embraced the Service-Profit Chain—the idea that success is mutual
and that engaged employees drive client satisfaction and ultimately
create shareholder value. By integrating ESG best practices into
our business strategy, Broadridge is committed to a sustainable
business model that also serves our associates, clients and
shareholders and that will continue to build for the future.
Broadridge has made notable progress on its ESG strategy,
including:
- Being recognized by Barron's as one of America's 100 Most
Sustainable Companies;
- Eliminating more than 80% of our clients' fund and issuer paper
communications through digitization and other alternatives, driving
down our Scope 3 greenhouse gas emissions and removing 800 metric
tons of carbon-dioxide-equivalent emissions annually;
- Reduced corporate greenhouse gas emissions by 24% between 2013
and 2019. Broadridge is on track to further reduce our Scope 1 and
Scope 2 emissions by an additional 15% by 2025;
- Forming an Executive Diversity Council that meets quarterly and
tracks our progress in promoting diversity and inclusion to ensure
we deliver on our commitments;
- Joining The Board Challenge as a Charter Pledge Partner,
supporting the goal of true and full representation on all boards
of directors to improve the representation of Black directors in
corporate boardrooms;
- Contributing $1.5 million in
charitable donations in response to the COVID-19 pandemic and
global recession in the communities in which we operate, and
$1.0 million in grants to
organizations dedicated to social justice and related causes,
including the Thurgood Marshall College Fund and the NAACP Legal
Defense and Educational Fund;
- Committing to best-in-class governance policies and practices
that serve the interests of Broadridge and its stockholders,
including the addition of disclosure on our political contributions
and activities and our Board's adoption of a Political
Contributions Policy.
Broadridge's ESG efforts are driven by the following guiding
principles:
- Environmental: We pride ourselves in pursuing
opportunities for economic growth that simultaneously align with
doing good for the environment.
- Social: Our associates are our greatest asset. Diversity
and inclusion, associate and community engagement, and health and
safety are woven into everything we do.
- Governance: We believe strong corporate governance
practices and policies are integral in fostering a culture of
integrity, managing a better-performing and sustainable business,
and achieving long-term stockholder value.
To learn more, please view our 2020 Sustainability Report or
visit our Sustainability website. Broadridge is committed to
keeping its stakeholders updated on progress the company is making
along its sustainability journey.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR), a $4 billion global Fintech leader, is a leading
provider of investor communications and technology-driven solutions
to banks, broker-dealers, asset and wealth managers and corporate
issuers. Broadridge's infrastructure underpins proxy voting
services for over 50 percent of public companies and mutual funds
globally, and processes on average more than U.S.$8 trillion in fixed income and equity securities
trades per day. Broadridge is part of the S&P 500® Index and
employs over 12,000 associates in 17 countries.
For more information about Broadridge, please visit
www.broadridge.com
Investors:
W. Edings Thibault
Investor Relations
+ 1 516-472-5129
Edings.thibault@broadridge.com
Media:
Gregg
Rosenberg
Corporate Communications
+1 212-918-6966
gregg.rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.