McGraw Hill
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Digital responsibility
- Diversity, Equity, and Inclusion
- Environmental stewardship
- Inclusive workplace
Environmental Achievements
- Reduced emissions footprint by investing in energy-efficient design and engineering tools, rightsizing offices, and purchasing sustainably sourced paper (95% in the US, working towards 100% globally)
- Over 40% reduction in total office square footage since 2013
Social Achievements
- Launched Women's Leadership Sponsorship program
- Offered McKinsey Emerging Leaders Programs to over 100 employees
- Provided access to LinkedIn Learning for employee skill enhancement
- Established Employee Resource Groups (ERGs) for Black, Women, LGBTQ+, and Latiné employees
- Implemented health and wellness programs including Chill Days, mindfulness programs, emotional support, and financial wellness tools
- Red Cube Cares program organized global volunteer events, accumulating 630+ hours of service
- Employee Matching Gift program matched over $240,000 in employee donations
- Partnership with Volunteers of America for Operation Backpack campaign
- Inclusive Access program saved students over $1 billion since 2018
Governance Achievements
- Named a Chief Diversity Officer and a Manager of Diversity, Equity and Inclusion
- Implemented measures to minimize unconscious bias in hiring
- Mandated annual ethics and compliance training for all employees
- Maintained an “A” rating from SecurityScorecard since 2019
- Successfully completed SOC 2 Type 2 audit
- Achieved Level 2 certification for TX-RAMP
Climate Goals & Targets
Environmental Challenges
- Evolving risks and opportunities presented by the dynamic operating environment, including the use of new technology such as generative artificial intelligence (GenAI)
- Increasing cyber risk targeting educational institutions
Mitigation Strategies
- Dedicated cross-functional teams to identify and manage risks and opportunities
- Mature and best-in-class cybersecurity program with leading-edge tools and automation
- Annual cybersecurity training for all employees and contractors
Supply Chain Management
Responsible Procurement
- Supplier Code of Business Ethics and Anti-Corruption Standards
- Supplier Diversity program
Climate-Related Risks & Opportunities
Awards & Recognition
- Best Workplaces for Innovators: Education Fast Company 2023
- Equality 100 Award for Leader in LGBTQ+ Workplace Inclusion Human Rights Campaign 2023, 2022, 2021
- Most Trustworthy Companies in America Newsweek 2023
- America's Best Midsize Employers Forbes 2022, 2021, 2019, 2018
- Corporate Champion Award National Center for Learning Disabilities 2022