Climate Change Data

Evercore Inc.

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Renewable Energy Share:100% in London office

ESG Focus Areas

  • People
  • Governance
  • Business
  • Planet

Environmental Achievements

  • London offices use 100% renewable energy
  • LEED-certified building in New York
  • Initiatives to reduce paper waste, use plastic-free supplies, and improve water efficiency

Social Achievements

  • Launched Advisory Women’s Mentoring Program
  • Joined 30% Club pledge for women's representation
  • Established Women’s Recruiting Team
  • Created US Women’s Council and Europe Women’s Forum
  • Introduced Diversity Scholarships
  • Conducted firmwide Unconscious Bias Training
  • Established Diversity Task Force Recruiting Team
  • Social justice organizations received largest charitable donation in firm’s history
  • Created Global Diversity Council
  • Updated Core Values with separate DE&I value
  • Launched DE&I Diagnostic Assessment
  • Hosted firm DE&I Town Hall
  • Convened Steering Committee to design DE&I vision and strategy
  • Increased percentage of recruited women for full-time U.S. Advisory analyst jobs to 31% in 2021
  • Increased number of women among recruited U.S. Advisory full-time associates to 34% in 2021
  • Hosted inaugural U.S. Women’s Conference in 2021
  • Expanded benefits package to include additional women’s and family support benefits

Governance Achievements

  • Strengthened Board diversity (40% of independent directors are women)
  • Improved risk management practices
  • Enhanced compliance programs
  • Implemented robust anti-bribery, anti-corruption, and anti-money laundering policies
  • Strengthened whistleblower protection policies

Climate Goals & Targets

Environmental Challenges

  • Global pandemic impacting operations and employee well-being
  • Ongoing social injustices and widening racial and economic disparities
  • Need to further improve DE&I representation
  • Minimizing environmental impact of business operations
Mitigation Strategies
  • Transitioned to remote work
  • Implemented new safety measures in offices
  • Increased communication with employees
  • Launched various DE&I initiatives
  • Implemented environmental initiatives in offices
  • Exploring ways to offset CO2 emissions from travel

Supply Chain Management

Responsible Procurement
  • Incorporating environmental criteria in decisions regarding materials, suppliers, and sourcing partners

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Reporting Period: 2021

Environmental Metrics

Renewable Energy Share:100% (London offices)

ESG Focus Areas

  • Diversity, Equity and Inclusion (DE&I)
  • Sustainable Energy and Technology (SET)
  • Governance
  • Environmental Footprint
  • Community Engagement

Environmental Achievements

  • Consolidated most of NYC-based workforce into LEED-certified headquarters
  • London offices operate using 100% renewable energy
  • Implemented initiatives to reduce paper waste, use plastic-free supplies, and improve water efficiency in US offices
  • Streamlined waste management system in London offices improving recycling
  • Upgraded building management system in London to better assess energy data and reduce waste

Social Achievements

  • Developed new diversity recruiting partnerships, mentorship and sponsorship programs
  • Launched Inclusive Leadership Program for US SMDs and firmwide diversity education initiative
  • Hosted educational programming by Diversity Networks, including speakers from various organizations
  • Established annual DE&I Champion Awards
  • Contributed $120,000 to various organizations through US Diversity Network Heads
  • Raised $430,000 for charitable causes through employee matching campaign
  • Expanded benefits package to include additional family support benefits
  • Implemented “Protected Saturday” and “Protected Vacation” policies in US Advisory
  • Expanded wellness initiatives and benefits

Governance Achievements

  • Strengthened commitment to ESG practices and initiatives
  • Continued investment in enhanced training procedures on regulatory requirements and best practices
  • Maintained an open and transparent relationship with regulators
  • Implemented robust anti-bribery, anti-corruption, and anti-money laundering policies and procedures
  • Increased employee education and awareness of cybersecurity threats

Climate Goals & Targets

Environmental Challenges

  • Minimizing environmental impact of business operations
  • Data collection on carbon and greenhouse gas emissions
  • Addressing climate change-related risks
  • Maintaining a culture of compliance
Mitigation Strategies
  • Working with third-party service providers to collect and record emissions data
  • Implementing various environmental initiatives in offices (e.g., recycling, plastic-free supplies)
  • Investing in cybersecurity and data management
  • Providing employee training on compliance and security policies

Supply Chain Management

Responsible Procurement
  • Converting to plastic-free supplies where available

Climate-Related Risks & Opportunities

Opportunities
  • Advising clients on energy transition

Reporting Standards

Frameworks Used: SASB (Value Reporting Foundation)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Business ethics
  • Risk management
  • Employee DE&I
  • Integration of sustainability factors within our business

Environmental Achievements

  • 78% of our U.S. workforce operates out of a LEED-certified building
  • 90% of our EMEA workforce operates out of buildings fueled by 100% renewable energy
  • Approximately 150 yards² of carpet tile were donated and diverted from landfills to Habitat for Humanity’s ReStore program.
  • Partnered with DIRTT Environmental Solutions to incorporate more sustainable construction materials into our leased spaces, diverting 9,589 pounds of drywall waste from landfills and preventing 105 pounds of paint-based VOCs and 16 pounds of drywall mud tape-based VOCs from off-gassing.
  • Evercore partners with Green Standards to divert 30 tons of corporate waste from landfills, reducing 72 tons of CO2 emissions.

Social Achievements

  • Launched our first Global Culture Survey with an 88% response rate.
  • Advanced diversity, equity and inclusion (DE&I) initiatives, including recruiting and training and development programs.
  • Introduced new employee benefits, particularly increasing key areas of support for the well-being of our employees and their families.
  • Hosted second-annual Evercore Women’s Conference.
  • Supported global women’s and Traditionally Underrepresented Minority (TURM) mentoring programs.
  • Partnered with organizations like New York Cares, Save the Children, and PENCIL for community engagement.

Governance Achievements

  • Continued to refine risk management practices and invest resources in enhanced training procedures.
  • Increased the volume of compliance trainings by 36% from 2021, with an over 95% completion rate.
  • Maintained a robust cybersecurity training program and regular phishing campaigns.

Climate Goals & Targets

Environmental Challenges

  • Minimizing the environmental impact of office space, travel, and employee resource consumption.
Mitigation Strategies
  • Considering environmental factors when evaluating new office spaces.
  • Implementing initiatives such as managing recycling efforts, using recyclable materials, providing plastic-free dining supplies, and encouraging environmentally friendly commuting.

Supply Chain Management

Responsible Procurement
  • Using products containing recycled materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB (now Value Reporting Foundation)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:98% in EMEA
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Business ethics
  • Risk management
  • Employee DE&I
  • Integration of sustainability factors within the business

Environmental Achievements

  • 90% of our U.S. workforce operates out of a LEED-certified building
  • 98% of our EMEA workforce operates out of buildings fueled by 100% renewable energy
  • 50% decrease in paper usage compared to 2019 (pre-pandemic) in the UK

Social Achievements

  • Hired the firm’s first Chief Diversity Officer
  • Celebrated the second year of Evercore’s DE&I Champion Awards
  • Increased employee participation in charitable activities globally
  • Partnered with New Visions for Public Schools on a summer Finance Academy
  • 91% response rate from employees globally in the 2023 Global Culture Survey

Governance Achievements

  • Continued to refine risk management practices and invest in enhanced training procedures
  • Maintained an open and transparent relationship with regulators
  • Over 95% completion rate in compliance training

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Using recycled materials in office fit-outs
  • Providing plastic-free supplies

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB (Value Reporting Foundation)

Certifications: LEED Platinum (for NY HQ)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed