2020 Corporate Citizenship Report 2
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Building Better Together 2020 Corporate Citizenship Report 2 Contents Moving onwards and upwards ....................................... 3 Reducing our environmental impact ............................. 31 Letter from our President & CEO ........................................................... 4 Carbon emissions and energy use ......................................................33 2020 highlights ......................................................................................... 6 Our sustainability goals .........................................................................35 A culture of sustainability .....................................................................39 Embarking on a new era ..................................................7 Innovation, sustainable design and circularity ..................................40 Our company and brands ....................................................................... 9 Product safety .........................................................................................44 Our values ................................................................................................11 Corporate citizenship philosophies .....................................................12 Sourcing responsibly and ethically ............................... 46 Corporate governance ...........................................................................13 Standards of integrity ............................................................................48 Ethics and compliance ..........................................................................15 Audits ........................................................................................................49 Supplier trainings and our zero-tolerance policy ..............................50 Fostering a diverse and inclusive culture ...................... 17 Responsible sourcing and social compliance .................................51 Our diversity, inclusion and belonging goals .....................................19 Our progess ............................................................................................20 Engaging with our communities .................................... 52 Employee engagement .........................................................................21 The Newell Brands Charitable Foundation .......................................54 Corporate donations and employee volunteerism ...........................56 Supporting our people ................................................. 23 Corporate citizenship and civic participation ...................................57 Employee health and well-being during the COVID-19 pandemic ...........................................................25 Appendix .....................................................................59 Talent and culture ...................................................................................27 Forward-looking information ...............................................................60 Safety in the workplace .........................................................................29 GRI disclosures .......................................................................................61 Wellness ...................................................................................................30 SASB index ...............................................................................................73 About this report As a global consumer products company with brands loved by millions around the world, Newell Brands (NASDAQ: NWL) is well-positioned to make a positive impact through the passion and talent of our people, products, operations and partnerships. Our second annual Corporate Citizenship Report (formerly the Corporate Social Responsibility Report) outlines our philosophy, goals, initiatives and progress across areas of critical importance to our company, our communities and our stakeholders. We take seriously our responsibility to serve as a force for good in the world and while we know there is much work yet to be done, we are proud of the progress we’ve made in this important endeavor. Pictured: Sharpie markers NEWELL BRANDS 2020 Corporate Citizenship Report 3 Moving onwards and upwards Toward a more sustainable future NEWELL BRANDS 2020 Corporate Citizenship Report Pictured: FoodSaver vacuum sealer 4 Letter from our President In 2020, we made progress against our 2025 sustainability goals: % & CEO 90 GOAL 83% Waste to landfill progress When we released our 2019 It was within this context that I was reduction report, we were only just humbled to see the very best of our beginning to grapple with what people at Newell. Rather than shy away % has become a multiyear global from the challenges facing us, our 30 11% pandemic that has disrupted people came together and united as GHG emissions GOAL progress our lives at work, at home and One Newell Brands. They supported usage reduction in our communities in ways we and promoted each other’s safety and would not have dared to imagine. well-being, delivered against enormous % % It is in times like these that we odds to drive our turnaround, gave 25 GOAL 8 are reminded of one another’s back to communities in need, served Energy usage progress humanity, and we are called to as stewards of the environment reduction support each other. While there and worked to ensure our planet- appears to be light at the end of friendly, attractive and innovative % GOAL 99% the tunnel, and we keep our gaze products would continue creating 90 progress cast toward those brighter days moments of joy and peace of Of transporters ahead, we cannot overstate the mind for consumers around the SmartWay certified profound ways in which COVID-19 globe. Our people engaged in altered our business and our lives important conversations, worked We also worked diligently to address hard-to- in 2020. to advance our commitment to recycle materials and responsible sourcing to diversity, inclusion and belonging, progress toward our 2025 packaging goals: As the global community unified and embraced the belief that to slow the menace of COVID-19, diverse people, voices and the unwelcome but familiar forces ideas drive a dynamic Ensure of natural disasters exacerbated company culture, by climate change and the greater business 100% manmade scourge of bigotry innovation and of our direct sourced Eliminate the use of and racial injustice made clear more highly paper-based product Polyvinyl Chloride our urgent need to do more—to engaged packaging is supplied (PVC) and Expanded demand better of ourselves and employees. by certified, verified Polystyrene (EPS) in our institutions, to act decisively or recycled sources all product packaging to save the ground beneath our feet and to ensure that the We are increasing our focus on product and absolute rights and dignity of packaging circularity and exploring longer- all people are recognized and term solutions that will help us address our respected without question. areas of environmental impact. NEWELL BRANDS 2020 Corporate Citizenship Report 5 In my Embracing Our Humanity letter, In this year’s report you will see This report tells the story of the I expressed my deep desire for unity, how our Newell family—from progress we have made in the inclusivity and allyship, and we left our Board of Directors and areas we recognize as imperatives 2020 with a call to action to strengthen Executive Leadership Team to to our success and inherent to our commitments to diversity, inclusion our employees in offices and, our role as a responsible global and belonging (DI&B). It is in that spirit most of all, the frontline heroes corporate citizen. In our 2020 that we established the following goals: in our manufacturing facilities, highlights you will see some of distribution centers, research and our key achievements, and on the · We will strive to have a Leadership development labs and retail stores following pages you will see stories Team of at least 30 percent women. met the moment with courage, about how we are pushing forward · Our Business Unit CEOs and perseverance and open hearts. We our corporate citizenship ambitions center-led Functional Heads will recognized the role our products and driving shareholder value work toward representation within play in our consumers’ daily lives through our people, our operations their direct reports (inclusive and their importance during and our products. While we remain of themselves) of at least 30 uncertain times. Our frontline in the early stages of this journey, percent women, with a longer-term, employees worked tirelessly to I’m proud of our accomplishments aspirational goal to be 40-50 percent ensure we could meet customer and delighted to share these pages women, and at least one leader of and consumer demand for essential with you. color or openly LGBTQ+ leader. products such as food preservation, food storage containers, cookware, I thank you for your continued We commit to a policy that slates for · baby gear and cleaning and support of our brands and roles at the Director level and higher, sanitation supplies. As such, we I welcome you to hold us that we post externally, will be prioritized the health and well- accountable to delivering on diverse in terms of gender, race and being of our frontline employees our commitments and the high sexual orientation. We will continue by heightening safety measures, standards we expect of ourselves. to research and analyze what it will including exposure protocols, take