Gen Digital Inc.
Climate Impact & Sustainability Data (2019-04-01 to 2020-04-03, 2021, 2022-04 to 2023-03)
Reporting Period: 2019-04-01 to 2020-04-03
Environmental Metrics
ESG Focus Areas
- Data Privacy and Protection
- Education and Training
- Diversity, Equity, and Inclusion
- Talent Development and Engagement
- Climate and Energy
Environmental Achievements
- Continued use of Forest Stewardship Council certified paper in product packaging
- Engaged employees in a campaign focused on environmental awareness and action
- 24% of electricity consumption from renewable sources
Social Achievements
- Offered a 6-month complimentary subscription to Norton Family to help families stay safe during COVID-19, activated by 112,000 people
- Partnered with National Parent Teacher Association (PTA) to create The Smart Talk, reaching 6,600 people
- Donated products to more than 14,600 nonprofits and public libraries, with a retail value of nearly $11 million
- Supported NPower and Year Up, resulting in 699 graduates hired or pursuing further education
- Three-year commitment to support the Reboot Representation Tech Coalition
- Funded 12 U.S. AAUW Tech Trek camps offering a cybersecurity curriculum
- Relaunched seven employee resource groups (Communities)
Governance Achievements
- Updated Code of Conduct
- Reaffirmed commitment to the United Nations Global Compact (UNGC)
Climate Goals & Targets
- Reduce Scope 1 and 2 greenhouse gas emissions intensity of Irish operations by 50% by 2030
Environmental Challenges
- Difficulty accurately collecting and reporting environmental data due to company transition and restructuring
- Increased ransomware, scams, and cyberattacks due to the COVID-19 pandemic
Mitigation Strategies
- Engaged internal and external experts to develop programs and policies to reduce GHG emissions and increase sustainable packaging
- Offered a 6-month complimentary subscription to Norton Family
- Issued free guidance on online safety and phishing scams
- Donated to COVID-19 relief efforts
Supply Chain Management
Supplier Audits: 100% of Tier 1 physical product suppliers agreed to corporate responsibility requirements
Responsible Procurement
- Global Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB, UNGC
Certifications: ISO 14001 (for two main suppliers)
UN Sustainable Development Goals
- Goal 5
- Goal 8
- Goal 4
- Goal 10
- Goal 12
- Goal 13
See page 25 for details
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Education and Training for Cyber Safety
- Data Privacy and Protection
- Diversity, Equity, and Inclusion
- Talent Development and Engagement
- Climate and Energy
Environmental Achievements
- 52% reduction in Scope 1 and 2 GHG emissions compared to FY20
Social Achievements
- Launched virtual volunteer program with team building opportunities and joint events with Diversity and Inclusion Communities
- Donated 407,800 meals to help feed neighbors
- Contributed nearly $200,000 on Giving Tuesday
- 19% of employees participated in philanthropic matching program
- NortonLifeLock products helped nearly 10,000 nonprofits keep their devices and data secure
- Offered a five-month complimentary subscription to Norton™ Family to help parents manage their children’s online activities (donated product valued at over $2 million)
Governance Achievements
- Achieved gender parity for the independent members of the Board of Directors
- 100% of employees completed mandatory Code of Conduct training (including modules on human rights, modern slavery, anti-bribery, conflict of interest, and DEI)
Climate Goals & Targets
- Not disclosed
- Increase renewable energy use
- Establish emissions reduction goals for supply chain
- Set science-based Scope 1 and 2 emissions reduction goal
- Set emissions reduction goals for employee travel and commuting
Environmental Challenges
- Minimizing environmental impacts of approximately 6.5 million physical units shipped
- Understanding and mitigating the direct and indirect environmental impacts of Norton™ Crypto
Mitigation Strategies
- 30% of physical products made with and packaged in Forest Stewardship Council (FSC) certified paper
- Launched first product environmental lifecycle analysis (LCA) to identify impact hot spots and prioritize reduction efforts
- Developing a strategy to better understand and mitigate the direct and indirect environmental impacts of Norton™ Crypto
- Became a supporter of the Crypto Climate Accord
Supply Chain Management
Supplier Audits: 100% of Tier 1 physical product suppliers agreed to Corporate Responsibility requirements; two main suppliers maintain ISO 14001 certified environmental management systems
Responsible Procurement
- Global Supplier Code of Conduct aligned with Responsible Business Alliance Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI
Certifications: ISO 27001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 8 (Decent Work and Economic Growth)
- Goal 10 (Reduced Inequalities)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Initiatives described throughout the report contribute to these goals (see page 36 for details)
Sustainable Products & Innovation
- Norton™ Crypto (developing strategy to mitigate environmental impacts)
Awards & Recognition
- Not disclosed
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Cyber Safety education and training
- Data privacy and protection
- Diversity, equity and inclusion
- Volunteering and giving
- Environment
Environmental Achievements
- 98% of products were delivered digitally
- Less than 0.5% of the material used in our global physical products contained plastic
- 50% of the paper materials associated with our physical products was Forest Stewardship Council (FSC) certified
- More than 780 projects completed as part of Gen’s Sustainable Home Improvement Program
- B rating on our first CDP submission as Gen
Social Achievements
- Reached more than 2.8 million people with Cyber Safety educational programs
- Product donations helped more than 9,200 organizations with a retail value of more than $1.6 million
- Launched new Cyber Safety partnerships with Discovery Education and The Trevor Project
- Continued legacy partnerships with leading nonprofits to advance Cyber Safety
- More than 4,700 employee volunteer hours
- Launched the Gen Giving Hub
- Increased our Dollars for Doers match to $20 per hour of employee volunteer service
- Held Gen’s first Global Volunteer Day where 550 employees participated
Governance Achievements
- Board was recently recognized as one of the most innovative boards of directors among S&P 500 companies
- Board actively oversees social impact performance and stays informed on emerging ESG topics
- Corporate Responsibility team leads a cross-functional ESG working group
- Environmental and social risks are assessed and incorporated into our evaluation and management of potential impacts to the business
- Reporting to CDP and following the Sustainability Accounting Standards Board (SASB) Standards and the Task Force on Climate-related Financial Disclosures (TCFD)
- New Code of Conduct that aligns our Company values
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Reduce emissions year-over-year
Environmental Challenges
- Increased Scope 1 and 2 GHG emissions by 26% in 2023 due to expanded footprint post-merger
Mitigation Strategies
- Developing a strategy to reduce GHG emissions
- Optimizing facilities footprint, consolidating office space and closing several sites
Supply Chain Management
Supplier Audits: 100% of Tier 1 physical product suppliers agreed to Corporate Responsibility requirements
Responsible Procurement
- Global Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes, wildfires, floods, water scarcity, temperature rises
Transition Risks
- Climate-related regulations, reputational damage
Opportunities
- Reduced emissions due to digital product delivery
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: ISO 14064-3
Third-party Assurance: Apex Companies LLC (limited assurance)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- SEAL Environmental Initiatives Award (Sustainable Home Improvement Program)