Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Social
• Environmental

Environmental Achievements

• 78% of total TMX Group office footprint is LEED Platinum certified
• Significant reduction in data center technology power consumption and physical footprint through technology consolidation (server virtualization, tape virtualization, cloud archival and flash storage)

Social Achievements

• 88% Participation rate by Canadian employees in our share purchase plan
• Aggregate charitable donations of $1,000 per employee anticipated in 2020
• 34% of TMX Group executives are women (achieving the target of one-third by 2020)
• 40% of promotions in the past 12 months were women

Governance Achievements

• Annual completion of board and employee codes of conduct certification, including employee knowledge quiz
• 83% of directors are independent

Climate Goals & Targets

Environmental Challenges

• Business Resilience: potential interruptions from geopolitical upheaval, human error, climate change, natural disasters, pandemics, extreme weather, power loss, telecommunication failures, theft, and sabotage and vandalism.
• Natural Resource and Energy Related Businesses: exposure to macroeconomic factors impacting these sectors, including environmental regulations and the growth of sustainable investing.
• Cybersecurity and Information Technology: vulnerabilities to information risks, including unauthorized access, computer viruses, theft of data, denial of service attacks, and other security issues.

Mitigation Strategies

• Crisis management plan, business continuity plans, disaster recovery plans, back-up procedures, and incident management plans to address business interruptions.
• ESG education sessions and resources to support clients in their ESG practices; business development focused on expanding geographic footprint and accelerating growth in targeted sectors (including clean technology and renewable energy).
• Robust systems to protect processes and networks from information security risks; implementation of industry best practice security measures; quarterly phishing tests; annual security awareness training and quiz.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Natural disasters

Transition Risks

• Environmental regulations
• Growth of sustainable investing

Opportunities

• Growth in clean technology and renewable energy sectors

Reporting Standards

Frameworks Used: SASB

Certifications: LEED Platinum

Environmental Metrics

ESG Focus Areas

• Climate Change
• ESG

Environmental Achievements

• Achieved carbon neutrality for 2020 by purchasing voluntary carbon offsets.
• 75% of TMX Group’s office space was LEED® platinum certified as of December 31, 2020.
• Reduced Scope 3 emissions by over 80% due to a sharp decline in business air travel in 2020.

Social Achievements

• Strategic alliance with IHS Markit to provide issuers with access to a multi-framework ESG reporting and data distribution repository.
• Support for the Canadian Investor Statement on Climate Change.

Governance Achievements

• Board of Directors participated in an education session on climate change, including TCFD.
• Board oversees the development and execution of ESG and climate objectives.

Climate Goals & Targets

Environmental Challenges

• Physical risks: Power supply disruptions, inability of employees to access offices, increased severity of extreme weather events, changes in long-term climate conditions.
• Transition risks: Increased pricing of GHG emissions, enhanced climate reporting obligations, market shift in consumer preferences and sectoral stigmatization.

Mitigation Strategies

• Robust Business Resilience Management program and Business Continuity Plan.
• Development of products and services to support issuers in addressing evolving stakeholder expectations on climate and ESG disclosures.
• Monitoring new and emerging climate-related requirements and updating processes, policies, and frameworks.
• Advocating on how Canadian capital markets are addressing climate change.
• Publishing annual ESG and TCFD-aligned reports.
• Endorsing SASB and TCFD standards.
• Improving education and information available to issuers.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Power supply disruptions
• Inability of employees to access offices
• Increased severity of extreme weather events
• Changes in long-term climate conditions

Transition Risks

• Increased pricing of GHG emissions
• Enhanced climate reporting obligations
• Market shift in consumer preferences and sectoral stigmatization

Opportunities

• Development and/or expansion of low emission goods and services
• Shift in consumer preferences
• Access to new markets

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

• Products and services to support issuers in addressing evolving stakeholder expectations on climate and ESG disclosures.

Environmental Metrics

ESG Focus Areas

• Climate change
• Diversity & Inclusion
• Governance

Environmental Achievements

• TMX Group committed to purchase carbon credits to offset its GHG emissions and become net-carbon neutral in 2021.

Social Achievements

• Establishment of an Employment, Diversity and Inclusion (ED&I) Advisory Council.

Governance Achievements

• TMX Group's endorsement of the Sustainability Accounting Standards Board (SASB) and a target to incorporate the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) in its ESG reporting in 2021.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed