Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion
• Corporate Governance
• Responsible Investing

Environmental Achievements

• 85% of employees work in LEED-certified buildings
• Acquisition of an Investment Franchise focused on clean energy infrastructure projects, cumulatively offsetting millions of metric tons of carbon dioxide equivalents through 2021.

Social Achievements

• Established four Employee Resource Groups (ERGs): Asian American, Black Employee, Military Employee, and Women.
• Strategic alliance with Xavier University of Louisiana, providing gap scholarships and funding for a student-managed investment fund.
• Employee volunteer work supporting organizations like Dress for Success and Toys for Toys.
• Enhanced employee benefits, including increased HSA contributions, wellness benefit, and addition of Juneteenth as a paid holiday.

Governance Achievements

• Eliminated the company's dual-class share structure, ensuring one share, one vote.
• Created a Responsible Investing Oversight Council.
• Added Board-level oversight to sustainability initiatives.
• Enhanced proxy voting processes with a greater focus on sustainability issues.

Climate Goals & Targets

Environmental Challenges

• Changing pandemic complicating employees' safe return to the office.
• Responsible production of key enabler commodities for sustainable products.
• Cybersecurity risks and data breaches.

Mitigation Strategies

• Virtual teambuilding and communication platforms.
• Investment opportunities in structurally advantaged owners of key assets for a zero-carbon future.
• Layered security practices, annual security awareness training, and phishing exercises.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Investment in clean energy infrastructure

Reporting Standards

Frameworks Used: SASB

Certifications: LEED

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Clean energy infrastructure investments
• Cryptocurrency-indexed private fund

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion (DEI)
• Responsible Investing
• Corporate Governance

Environmental Achievements

• Approximately 85% of employees worked in "green" office buildings.
• Headquarters office holds Silver LEED certification, second-largest office holds Platinum certification.
• Investments in clean energy offset at least 5.7 million metric tons of carbon dioxide equivalents.

Social Achievements

• Increased racially or ethnically diverse employees by approximately 3% to almost one-third.
• Used AI software to increase appeal of job postings to underrepresented candidates.
• Promoted career advancement opportunities through employee participation in McKinsey Connected Leaders Academy.
• Maintained unchanged cost of employee medical, dental, and vision plans.
• Enhanced employee benefits coverage and wellness programs.
• Provided support to families impacted by tragedies in Uvalde, Texas and Florida Hurricane Ian.
• Paid over 400 hours of volunteer work, double the previous year.
• Awarded 14 gap-funding scholarships to Victory Scholars.
• Expanded ESG resources and tools for investment teams.

Governance Achievements

• Appointed Vice Admiral Mary M. Jackson to the Board of Directors.
• Launched a publicly available Proxy Voting Disclosure System.
• Established an ESG Council to ensure consistency in ESG disclosures and processes.

Climate Goals & Targets

Environmental Challenges

• Rising healthcare insurance costs.
• Meeting new SEC climate disclosure regulations.

Mitigation Strategies

• Maintained unchanged cost of employee healthcare plans.
• Evaluated methods and third-party providers to facilitate meeting new SEC climate disclosure rules.
• Proactively monitoring and preparing for potential new SEC climate disclosure regulations.

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

Certifications: LEED (Silver and Platinum)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• People and Culture
• Community Engagement
• Responsible Investment
• Business Resilience

Social Achievements

• Launched Employee Assistance Programs, including confidential assistance for financial, mental, and physical well-being. 50% of employees received wellness reimbursements, with 19% claiming the maximum $500.
• 86% of employees are owners of VCTR stock. Employees collectively held 15% of the total equity interest in the Company and had investments in its products totaling over $200 million.
• Ten employees took advantage of the Education Tuition Reimbursement Program, representing over $37,000 in educational reimbursements. Eight employees completed the registered representative program.
• Launched four active ERGs representing Black, Hispanic, Women, and Military-affiliated employees. 137 employees (28% of the direct workforce) participated in ERGs.
• Provided $150,000 in gap scholarships to students through the Victory Capital Scholars Program in partnership with Xavier University of Louisiana.
• 51 employees received matching donations totaling $12,800 through the Victory Matching Gifts Program.

Governance Achievements

• Actively exercises proxy voting rights and responsibilities on behalf of clients.
• Became an enterprise-wide signatory to the UN PRI in 2020 and reported to the UN PRI for the first time in 2023.
• Established robust procedures to monitor Business Resilience and Sustainability, including committees overseeing proxy voting, responsible investment, and diversity, equity, inclusion, and belonging.

Climate Goals & Targets

Environmental Challenges

• Uncertainty regarding the future of Responsible Investment in the U.S.

Mitigation Strategies

• Commitment to staying informed and adapting to satisfy the values and needs of clients. Maintaining flexibility to implement additional Responsible Investment practices and abide by new regulations.

Supply Chain Management

Responsible Procurement

• Works with five Minority-, Woman-, and Service-Disabled Veteran-Owned businesses as trading counterparties.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB