Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance and Ethics
• Sustainable Investing
• Environmental Sustainability
• Human Capital
• Philanthropy

Environmental Achievements

• Reduced greenhouse gas emissions from energy production and consumption to 7,058 MT CO2e in 2019. Achieved 56% waste recycling rate at headquarters.
• 100% renewable electricity at Dublin office.

Social Achievements

• Employees contributed about 8,500 hours of volunteer service and donated approximately $260,000 to partner organizations through SEI Cares.
• Launched Design Thinking Cohort to foster employee creativity and innovation (50 employees participated).

Governance Achievements

• Established an Enterprise Risk Management (ERM) program.
• Supported 51% of ESG-oriented shareholder resolutions in the United States.

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions
• Reducing waste
• Improving gender diversity

Mitigation Strategies

• Investing in energy efficiency measures (LED lighting, updated BMS, HVAC equipment)
• Implementing single-stream recycling and waste reduction initiatives
• Conducting employee surveys and focus groups to identify and address barriers to female employee retention and advancement.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Request information about third parties’ corporate social responsibility, environmental sustainability, and diversity and inclusion policies as part of due diligence.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events and natural disasters

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Champion of Board Diversity
• Leading Disability Employer
• Top 10-Level Military Friendly® Employer
• Military Friendly® Spouse Employer
• Outstanding Corporation of the Year

Environmental Metrics

ESG Focus Areas

• Governance and ethics
• Sustainable investing
• Workforce diversity, equity, and inclusion
• Environmental sustainability

Environmental Achievements

• Reduced greenhouse gas emissions by 49% from 2020 to 2021 (primarily due to REC procurement)
• Recycled 54% of waste at headquarters and 64% in London offices
• Reduced paper use by 95% through new printing procedures

Social Achievements

• Launched virtual cohort resulting in three hires
• Participated in 10,000 Black Interns program
• Partnered with SEI Women’s Network to introduce a development series for women
• SEI Cares donated $248,000 to 16 partner organizations and $360,000 to 17 education-focused organizations
• Provided over $42,000 in disaster relief

Governance Achievements

• Established Corporate Social Responsibility Committee in 2018
• Implemented a Code of Conduct requiring annual training for all employees
• Adopted proxy voting guidelines requiring evaluation of ESG-oriented shareholder proposals

Climate Goals & Targets

Environmental Challenges

• Severe weather led to the destruction of a five-acre wetland on SEI’s campus
• Managing risks associated with large volumes of sensitive data

Mitigation Strategies

• Committed to restoring and reestablishing the wetland
• Implemented Privacy and Information Governance Programs to protect data

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Request information about vendor’s ESG program during due diligence

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events and natural disasters

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB Standards for Software & IT Services and Asset Management & Custody Activities sectors

Certifications: ISO 27001 (SEI Wealth Platform)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Sustainable investing solutions (mutual funds and customized solutions)

Awards & Recognition

• 2021 Top Workplace USA
• 2021 Top 10-level Military Friendly® Employer
• 2021 Military Friendly® Spouse Employer
• Leading Disability Employer
• Champion of Board Diversity
• Diversity Champion

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, and Inclusion
• Sustainable Investing
• Environmental Sustainability
• Governance and Ethics

Environmental Achievements

• Reduced greenhouse gas emissions from energy production, consumption and business travel to 4,200 tCO2e (market-based emissions).
• Recycled 47% of waste (by weight) at headquarters.
• Recycled more than 26 metric tons of light iron from obsolete office furniture and supplies.
• Purchased wind-powered renewable energy credits covering 50% of electricity consumed at Oaks campus.

Social Achievements

• Launched a multiyear DEI initiative to improve diverse representation, cultivate an inclusive culture, and support supplier diversity.
• Donated $252,000 to 16 partner organizations through the SEI Cares Fund.
• Granted $360,000 to 18 partner organizations focused on education.
• Matched more than $45,000 in employee contributions to non-partner charities.
• Provided disaster relief, donating nearly $50,000 to charities aiding in relief efforts for three catastrophic events.

Governance Achievements

• Established a Corporate Social Responsibility Committee.
• Implemented a Code of Conduct requiring annual training for all employees.
• Established an Anti-Bribery and Corruption Policy.
• Formalized manager engagement efforts to improve consideration of ESG risks and opportunities.

Climate Goals & Targets

Environmental Challenges

• Lagging gender and racial ethnic diversity in the asset management industry.
• Climate change risks (physical and transitional).

Mitigation Strategies

• Active engagement with the industry to promote greater disclosure of diversity information.
• Annual Climate Change Risk Assessment to understand the impact of climate change on SEI’s operations.
• Incorporation of climate-related factors into functional areas of risk.
• Investment in energy efficiency measures at headquarters and data center.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Consideration of ESG practices, including ethical sourcing, modern slavery, and health and safety, prior to entering into business relationships.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB Standards for Software & IT Services and Asset Management & Custody Activities sectors

Certifications: ISO 27001 (SEI Wealth PlatformSM)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Sustainable investing solutions (mutual funds and customized solutions)

Awards & Recognition

• 2022 Best Place to Work in Greater Philadelphia
• 2022 Top 10 Military Friendly Employer
• 2022 Military Friendly Spouse Employer
• PIMFA D&I Awards 2022 (Highly Commended)
• 2022 Wealth for Good awards (Best Diversity and Inclusion Programme–Global Reach)
• 2022 Champion of Board Diversity
• 2022 Leading Disability Employer
• 2023 Top 10 Military Friendly Employer

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, and Inclusion
• Sustainable Investing
• Environmental Sustainability
• Governance and Ethics

Environmental Achievements

• Completed first phase of LED lighting installation, resulting in a 55% reduction in wattage.
• Recycled 49% of waste (by weight) at headquarters.
• Recycled 12.4 tons of IT equipment and over 22 metric tons of light iron from obsolete office furniture.

Social Achievements

• Launched MySEI, an intranet site connecting global employees.
• Introduced several new employee benefits and enhanced existing ones (e.g., enhanced parental leave, global volunteer PTO).
• Increased participation in the U.S. SEI Capital Accumulation Plan to 95.2% of eligible employees.

Governance Achievements

• Maintained a formal Insider Risk Program.
• Implemented a robust Enterprise Risk Management (ERM) program.
• Established and maintained a formal Insider Risk Program.

Climate Goals & Targets

Environmental Challenges

• Limited progress from some managers on improving transparency of DEI disclosure on third-party databases.

Mitigation Strategies

• Ongoing engagement with managers to improve DEI data disclosure.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Shared Assessments’ Standard Information Gathering Questionnaire used for vendor assessment; consideration of vendor ESG practices.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB® Standards for Software & IT Services and Asset Management & Custody Activities sectors

Certifications: ISO 27001/2 (SEI Wealth PlatformSM and SEI Sphere®), ISO 27015 and 27018 (SEI Sphere®)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Sustainable investing solutions (mutual funds and customized solutions).

Awards & Recognition

• 2023 LUMINARIES award winner in “Community Impact” (ThinkAdvisor); finalist at 2023 Industry Awards in “Inclusion in Wealth Management” (WealthManagement.com); 2024 Top 10-level Military Friendly® Employer; 2023 Military Friendly® Spouse Employer.