Climate Change Data

Environmental Metrics

ESG Focus Areas

• Respecting People
• Reducing Impacts
• Redefining Tomorrow

Environmental Achievements

• Reduced absolute combined Scope 1 and 2 greenhouse gas (GHG) emissions by 64% since 2018
• Sourced 100% renewable electricity for global operations
• Reduced absolute energy consumption by 8% compared to 2018
• Six facilities achieved a diversion rate above 84%, including two that achieved zero waste to landfill
• Eliminated over 47% of expanded polystyrene (EPS) in packaging

Social Achievements

• Advanced ethnically diverse leaders from 6.0% to 10.3% since 2020
• Advanced women leaders from 26.6% to 30.8% since 2020
• Achieved 100% of Tier 1 suppliers compliant with HNI’s new Code of Conduct
• Implemented innovative artificial intelligence software to review manufacturing process and identify ergonomic injury risks, reducing risk by an average of 23.5%

Governance Achievements

• Board of Directors is 50% women and 20% ethnically diverse
• Aligned executive compensation with diversity goals in 2021 and sustainability goals in 2022

Climate Goals & Targets

Environmental Challenges

• Increased Scope 3 emissions per ton of product sold due to increased sales of HHT products
• Increased energy intensity per ton of goods sold due to decreased volume of goods sold

Mitigation Strategies

• Working to reduce Scope 3 GHG emissions 40% per ton of products sold by 2035 through innovative electric fireplace development, life cycle assessments, and engagement with suppliers
• Implementing energy efficiency opportunities discovered through energy audits, continuing commitment to RE100 and EPA Green Power Partnership, and implementing innovative technologies

Supply Chain Management

Supplier Audits: 36 existing suppliers screened in 2022

Responsible Procurement

• HNI Code of Conduct
• ESG requirements in standard MSA terms
• Third-party auditing process in Asia based on SA8000 standards

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards, TCFD, UN Global Compact, UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001 (HNI India facility), ISO 45001 (HNI India facility)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 8
• SDG 9
• SDG 10
• SDG 12
• SDG 13
• SDG 14
• SDG 15
• SDG 16

Initiatives contribute to these goals through various programs and policies

Sustainable Products & Innovation

• Allsteel O6 Chair
• Heat & Glo® fireplaces
• Tyler Chair (100% post-consumer recycled plastic)
• Crumpled Paper textiles (100% biodegradable recycled polyester)
• Stoves using recycled brake drums and rotors

Awards & Recognition

• #6 of America’s Most Responsible Companies
• CDP Supplier Engagement Leaderboard
• Outstanding Local Partner (Iowa Urban Tree Council)
• Best of Sustainability at NeoCon
• Women’s Forum of New York recognition for Board diversity
• Van Meter Education Excellence Award
• Best Place to Work in Southeast Minnesota
• Green Power Partnership National Top 100

Environmental Metrics

ESG Focus Areas

• Employee Development, Training and Retention
• Employee Health and Safety
• Product Innovation
• Product Safety
• Waste Management
• Material and Sourcing
• Climate Change
• Diversity, Equity, and Inclusion

Environmental Achievements

• Published Scope 1 and Scope 2 greenhouse gas emissions.
• Increased the number of solar panels at its facilities.
• Achieved ISO 14001 certification at two facilities.
• Avoided emitting nearly 625 tons of volatile organic compounds through powder coat technology.
• Diverted 2,752,955 lbs of plastic from landfill through reuse.

Social Achievements

• Reported employee demographics for the first time as part of DEI initiatives.
• Achieved 75% team member participation in the 100,000 hours initiative, exceeding the goal by 50,000 hours.
• Donated $1.8M to charitable organizations.
• Rolled out new initiatives supporting a culture of caring for team members, families, and communities.
• Improved employee engagement score to 74.58 with a 93% response rate.
• Reduced employee attrition rate from 120% in 2011 to 43% in 2022.

Governance Achievements

• Conducted its first materiality assessment.
• Reported in accordance with the SASB and GRI frameworks.
• Published an Environmental, Health, Safety (EHS) and Sustainability Policy.
• Hired a Director of Sustainability.
• Added Linda Myers to the Board of Directors, increasing Board diversity to 45%.

Climate Goals & Targets

Environmental Challenges

• Potential supply chain disruptions due to climate change events.
• Need to improve data collection and reporting on environmental metrics.

Mitigation Strategies

• Developing alternative sourcing strategies.
• Expanding data collection efforts and aligning with industry standards.
• Investing in solar projects and pursuing waste management solutions.

Supply Chain Management

Supplier Audits: All manufacturing operations audited except one.

Responsible Procurement

• Conflict Minerals Policy
• Supply Partner Code of Conduct (new program in 2023)

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Supply chain disruptions

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products (e.g., electric RV chassis)

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001 (2 facilities), ISO 45001 (17 facilities)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5

Initiatives aligned with SDGs 3 (Good Health and Well-being), 4 (Quality Education), and 5 (Gender Equality).

Sustainable Products & Innovation

• Li-Series electric bikes
• 100W Portable Kickstand Solar Panel
• Solar Port Inlet
• Anti-lock Brake System (ABS) for towable RVs
• Edison EV towable RV chassis prototype

Awards & Recognition

• AchieveWELL three-star recipient
• Indiana Governor’s Workplace Safety Award
• Florida Sterling Manufacturing Business Excellence Award (Gold winner)

Environmental Metrics

ESG Focus Areas

• Employee Health & Well-Being
• Career & Economic Growth
• Unlocking Opportunity
• Data & Security
• Environmental Sustainability

Environmental Achievements

• Purchased renewable energy credits to offset 100% of greenhouse gas emissions related to electrical use at IAC’s headquarters
• Received ENERGY STAR® and LEED Gold certifications for IAC Headquarters in New York City
• Obtained 100% third-party certified paper used by Dotdash Meredith’s print business
• Completed our first TCFD-aligned climate change risks and opportunities assessment

Social Achievements

• IAC Fellows program saw a 140% increase in applications
• Launched IAC Fellows Hardship Relief Fund
• Angi partnered with SkillsUSA to sponsor National Signing Day
• Dotdash Meredith’s How We Give initiative involved approximately 900 employees serving 30 different charitable organizations

Governance Achievements

• Adopted a stock ownership policy
• Adopted a clawback policy
• Integrated cybersecurity risks into the overall ERM efforts
• Ask Media Group achieved nearly 100% employee engagement in security awareness training

Climate Goals & Targets

Environmental Challenges

• Labor supply shortages in skilled home trades
• Affordable childcare crisis
• Climate change risks
• Cybersecurity threats

Mitigation Strategies

• Advocating for policies to stem the childcare crisis
• TCFD-aligned climate change risks and opportunities assessment
• Robust information security programs
• Comprehensive cybersecurity programs and processes

Supply Chain Management

Responsible Procurement

• 100% third-party certified paper used by Dotdash Meredith’s print business

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, GRI, SASB

Certifications: ENERGY STAR, LEED Gold, ISO 14064-3, ISO 14001

Third-party Assurance: Advanced Waste Management Systems (AWM)