Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Diversity, Equity and Inclusion (DE&I)
• Community Giving
• Corporate Social Responsibility (CSR)

Environmental Achievements

• Launched Global Sustainability Program in 2019
• Enhanced sustainability content on company website
• Engaged employees globally to devise new sustainability action plans

Social Achievements

• Increased diversity in management-level new hires, promotions, and internships in the US in 2022
• Required all employees to complete Diversity and Inclusion Training and Unconscious Bias Training
• Received DiversityFIRST Corporate Award in 2022
• Offered employee wellness programs including fitness facilities, exercise programs, and educational resources
• Provided Code of Conduct, Anti-Corruption, Safety, and Diversity & Inclusion training
• Offered various leadership programs
• Contributed $0.8 million to the Callaway Golf Company Foundation in 2022
• Hosted more than 3,500 charitable events through Topgolf Driving for Good Program

Governance Achievements

• Established an Executive Sustainability Committee
• Sustainability Core Team reports quarterly to the Executive Sustainability Committee
• Entire Board of Directors oversees the Global Sustainability Program and receives an annual report
• Management provides quarterly updates to the Board’s Nominating and Corporate Governance Committee on ESG performance

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to port delays and container shortages
• Increased labor costs and potential shortages
• Inflationary pressures on product and operating costs
• Changing consumer tastes and preferences
• Intense competition in all market segments
• Risks associated with international operations
• Potential for product warranty claims
• Need for significant capital investments
• Risks associated with leasing property
• Compliance with extensive laws and regulations
• Data privacy and security concerns
• Increased scrutiny of ESG practices and reporting

Mitigation Strategies

• Planned inventory purchases around increased in-transit times
• Implemented foreign currency forward contracts to mitigate exchange rate risks
• Increased product and service prices to offset inflationary pressures
• Continued investment in product innovation and brand building
• Implemented security measures to protect consumer personal information
• Launched Global Sustainability Program and various ESG initiatives
• Maintains insurance policies to cover potential liabilities

Supply Chain Management

Responsible Procurement

• Maintains a Supplier Code of Conduct
• Works with suppliers to improve performance through training and audits

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB)

Awards & Recognition

• DiversityFIRST Corporate Award (2022)
• Diversity Jobs Top Employer 2021
• Forbes 2020 Best Employers for Women
• National Down Syndrome Congress 2018 Employer of the Year
• 2021 Corporate Philanthropy Award (North County Philanthropy Council)