Climate Change Data

Donnelley Financial Solutions, Inc.

Climate Impact & Sustainability Data (2018, 2019, 2023)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Environmental Challenges

  • Lack of standardization in ESG disclosures.
  • Confusion over terminology (ESG, SRI, impact investing).
  • Superabundance of ESG factors, some irrelevant to investors.
  • Insufficient quantitative data for effective evaluation.
  • Low percentage of companies providing decision-useful ESG information (30%).
  • Many companies not producing sustainability reports or providing only boilerplate disclosures.
Mitigation Strategies
  • Emerging ESG frameworks (GRI, TCFD, CDP, SASB) provide better roadmaps and data consistency.
  • Emphasis on decision-useful ESG disclosures, focusing on material issues and quantifiable metrics.
  • Increased stakeholder engagement to understand investor priorities.
  • Improved data accuracy and completeness through monitoring ESG rating agencies.
  • IROs taking a leading role in shaping ESG disclosures and communicating with investors.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Rising sea levels
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, TCFD, CDP, SASB

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:37,342 Metric Tons Equivalent (2019)

ESG Focus Areas

  • Sustainability and Corporate Citizenship
  • Diversity and Inclusion
  • Employee Engagement
  • Environmental Responsibility
  • Ethical Business Practices

Environmental Achievements

  • Reduced GHG emissions by 3.3% year over year (7,914 tons across Scope 1-3)
  • Reduced real estate footprint by approximately 110,000 square feet

Social Achievements

  • Named to FORTUNE’s list of World’s Most Admired Companies
  • Recognized as one of America’s Best Employers for Women by Forbes
  • Awarded Best Contract Research Organization Full-service Provider by Scrip Awards
  • Selected as the leader in Real World Data and Real World Evidence Services in a 2019 Life Science Strategy Group report
  • Implemented company-wide employee engagement survey and action plans to address feedback
  • Launched Career Site portal, harmonized onboarding program, and implemented uniform rewards and recognition program

Governance Achievements

  • Adopted a proxy access bylaw
  • Enhanced proxy statement disclosure on board composition, stockholder engagement and sustainability and corporate citizenship matters

Climate Goals & Targets

Short-term Goals:
  • Targeting achievement of Silver Rating by EcoVadis by end of 2020

Environmental Challenges

  • Reducing energy consumption associated with business travel and operations
  • Maintaining a culture of inclusion
Mitigation Strategies
  • Actively pursuing further reductions through more efficient use of energy in buildings, requiring virtual meetings where possible and raising awareness of the impact of travel to employees
  • Focusing on recruitment, development & progression, and retention initiatives to maintain a diverse and inclusive workforce

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: MSCI ESG Ratings

Certifications: ISO 14001:2004, OHSAS 18001

Awards & Recognition

  • 2019 Fierce Innovation Award

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:100% (manufacturing)
Total Energy Consumption:Not disclosed
Water Consumption:3.51 million gallons
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 6th consecutive year purchasing wind renewable energy credits to match 100% electricity in manufacturing
  • Zero notices of environmental violations with fines since becoming a publicly traded Company in 2016
  • Established Compudopt™ partnership to reuse and donate end-of-life Company computers to under-resourced families and individuals
  • 14 percent decrease in water consumption at manufacturing facility

Social Achievements

  • Launched Employee Stock Purchase Plan for U.S. employees
  • Achieved ISO 27001 certification for information security management system
  • Established Commitment to Supplier Diversity and had a 6-fold increase in 2023 spend among certified diverse suppliers compared to 2022
  • Established 2nd employee resource group — DFIN MINDS — which is focused on employee mental health
  • 100% employee completion rate for compliance training

Governance Achievements

  • Amended Company by-laws to comply with SEC’s universal proxy rules and provide clarity for shareholder nominations
  • Zero monetary losses as a result of legal proceedings associated with professional integrity

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Refine estimation of the Company’s climate profile in 2024

Environmental Challenges

  • Climate change poses physical risks such as extreme weather events and transitional risks as economies and society adapt
  • Cybersecurity threats
Mitigation Strategies
  • Company’s successful transition to a tech-enabled SaaS business with a mostly remote workforce, reducing reliance on fixed assets and commuter travel
  • Investment in technology and employee training to improve IT infrastructure and safeguard against cyber threats
  • Implementation of key cybersecurity controls such as MFA, endpoint detection and response, secure backups, and regular penetration tests

Supply Chain Management

Supplier Audits: Assessments issued to 31% of supply base in 2023

Responsible Procurement
  • Commitment to Supplier Diversity

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Climate-related regulations
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Newsweek’s Top 100 Most Loved Workplaces
  • Built In Best Place to Work