THE SUSTAIN- ABILITY EDGE SUSTAINABILITY REPORT 2010 “ The original mandate Of our sustainability Efforts was to a) be A good corporate citizen b) educate our colleagues so that they can be good citizens c) find the business value: ReDuceD opeRatinG costs anD incReaseD ReVenue through pRoDuct innoVation.” —PETER GRAUER, cHAIRMAN, BLOOMBERG, l.p. OUR APPROACH TO SUSTAINABILITY IS COMPREHENSIVE. It combines corporate citizenship, risk management and strategic opportunity – driving operating costs down, revenue growth up and greater adoption of sustainable practices. Bloomberg’s commitment to the environment and the communi- ties in which we work extends beyond our own doors – we also engage vendors and customers in setting standards, promoting clean technologies and reducing natural resource use. Most importantly, we are leveraging our product and reach to integrate material environmental, human and other information into business and financial market analysis. 2 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. “There is A clearProducts parallel & toServices creating transparencY and responsible forestry understanding Ofc LEANour ENERGY internal fINANcE sustainability Emffanageortsment Among cARBON mARkETS green building & energy BLP Employees, and to demonstrating to them thatEffIcienc Ythey or ENvIRONmENTAL, SOcIAL & GOvERNANcE BLP can havE A broader societal ImpacT throughsupp ourLY chaIN ris prodk - Ucts.” —MelinDa Wolfe,SUSTAINABILITY pRofessional NEwS DeVelopMent “GIving and environmental LAw Environment cOmmunity servIcE are part Of the Bloomberg culture, wITH electronicS EffIciencY A long history Of servIcE and people are engaged& E-waste. Aligning environmental our giving and volunteering wITH targeted NGOstandards support & transparen, cY supply chain ImpacT and business cOmmunity support mAkes SUSTAINABILITY IS INTEGRATED INTO OUR BUSINESS at BloomberG sustainability means managing our business better by integrating environmental, social and EconomIc considerations Into our operations and products and servIces. sustainability is A natural fIT.” —eRana stennett, coRpoRate pHilantHRopy “There is no party better positioned than wE are to havE an ImpacT on sustainability. We will be ‘insidious,’ in A positivE sense, on informationSocial transparencY that will play A big role in mOving the marketsPHILANTHROPI.” –Danc SUPPORT DoctoRoff, pResiDent, cOMMUNITY INvESTmENT blooMbeRG, l.p. “If Ever there was A cOmpany culturally posi- EmPLOYEE ENGAGEmENT tioned to grasp and run wITH Hsustainabilityealth, SAfety & Wellness , IT’S Bloomberg. The operational benefits and INsacLUSIONvings & DIvERSITY help us drivE this throughout the firm.” —Jack DaVis, Global supply Chain ManaGeMent 3 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. cONTENTS scope of Report 5 Supply Chain about bloomberg 6 supplier Requirements 51 Message from peter Grauer, chairman 9 Greener equipment 52 Message from Dan Doctoroff, president 10 print & office paper sourcing 56 Material issues 11 implementing our standards 58 primary indicators 12 sustainability Governance 14 SOcial INvestment stakeholder engagement 16 organizational support 62 Human Rights/ethics & business standards 18 improving our communities 63 corporate contributions 65 Sustainable Products & ServIces leading Markets to sustainability 21 Employees trusted information & news 24 communication, consultation & policies 68 training & Development 69 ENvironmental Operations Health, safety & Wellness 70 energy & emissions 31 Recognition & Rewards 74 Waste & Recycling 38 inclusion & Diversity 75 printing & publishing 41 Water use 43 Appendix Overview i environmental operations performance 44 GRi index ii 3rd party assurances xvi 4 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. ScOPE Of REPORT Welcome to bloomberg’s it provides information and data covering bloomberg’s global operations, including all joint ventures, subsidiaries, first comprehensive and leased facilities. sustainability report. bloomberg l.p. is a privately held limited partnership. in common with other privately held companies, we do this document describes not publicly disclose detailed financial information. this report was prepared using the Global Reporting our approach to, and initiative (GRi) G3 Guidelines and has been assessed as application level b+. When calculating global carbon performance on, material emissions, bloomberg includes all components of the company within its financial boundaries. bloomberg l.p. environmental, social, (BLP) has calculated its carbon emissions with guidance from the WRi (World Resources institute) and WBCSD and governance issues (World business council on sustainable Development) in the form of the WRi Report “Hot climate, cool commerce: during the year ending a service sector Guide to Greenhouse Gas Management” (May, 2006). our carbon emissions are third-party assured December 31, 2010. by cventure. for more information on our sustainability programs visit http://www.bloomberg.com/bsustainable We welcome your comments and suggestions on any aspect of our sustainability programs, performance and reporting. contact the sustainability Group at [email protected] for more information on our sustainability programs, visit bloomberg.com/bsustainable 5 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. ABOUT BLOOmBERG bloomberg is the Products and servIces the foundation of bloomberg’s leadership is the ability world’s most trusted to take large amounts of disparate data and news and transform it into actionable useful insights. bloomberg source of information for Government, bloomberg law, bloomberg sports and bloomberg new energy finance are just a few of the financial professionals offerings that provide opportunities to capitalize on bloomberg’s data management and delivery expertise. and businesses. bloomberg tradebook is a leading global agency broker used by institutional traders, broker-dealers, hedge fund bloomberg combines innovative technology with managers, market-makers and portfolio managers worldwide. unmatched analytics, data, news, display and distribution capabilities, to deliver critical information bloomberg news and Media platforms provide real-time via the bloomberg professional® service and multimedia news and definitive coverage of companies, markets, platforms, including bloomberg businessweek and industries, economies, governments and much more. bloomberg Markets® magazines. bloomberg’s media bloomberg’s media properties span television, radio, digital properties span television, radio, digital and print, making and print and make up one of the world’s largest news up one of the world’s largest news organizations. organizations with more than 2,300 news and multimedia Headquartered in new york, the company employs more professionals at 146 bureaus in 72 countries. for more than 12,900 people in 184 locations around the world. information, please visit www.bloomberg.com/solutions Corporate governancE bloomberg l.p. is a privately held Delaware USA limited partnership. the board of Directors provides strategic direction to the company, with representatives from corpo- rate divisions reporting to the chairman of the board and representatives from product & services reporting directly to the president. there are 11 members of the board; five are non-executives, of which three are independent, bloomberg’s guiding principles: including one woman. cLARITY. TRANSPARENcY. the chairman of the board, peter Grauer, and the president, Dan Doctoroff, are the highest-ranking officers EmPOwERmENT. INNOvATION. and serve in these roles at the request of the owner. 6 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. 2010 BLOOmBERG PROfESSIONAL More than 300,000 subscriberS / BLOOmBERG NEwS pro- duces, on Average, 5,000 stories A day. the Bloomberg NEwS servIcE is picked up by mORE THAN 420 PUBLIcATIONS IN 65 cOUNTRIES / BLOOmBERG mARkETS 355,000 circulation / Bloomberg Businessweek 4.6 million Readers / Bloomberg Businessweek.cOm 9.4 million unique visitors per month / BLOOmBERG.cOm 10.6 million unique visitors per month / BLOOmBERG TELEvISION Available in more than 250 million homes / BLOOmBERG RADIO broad- cast nationally via Sirius/XM Radio and on wBBR 1130Am in the NEw York area. reports and programS are syndicated to 200 radio Affiliates in the U.S. / Bloomberg Mobile Industry-leading applications are Available on the IPad, IPhone, Blackberry and NOkia devIces and havE been downloaded more than 6 million times. 7 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. 7,735 USA & cANADA 1,761 ASIA PAcIfIc 236 cENTRAL & SOUTH AmERIcA 2,958 EUROPE, mIDDLE EAST & AfRIcA NUmber Of Employees (yeaR enD 2010) NUmber Of fAcilities ANNUAL REvENUE 184 $6.9 NUmber Of countries where wE havE OffIces billion 12,690 73 8 sustainability RepoRt ©2011 BLOOMBERG l.p. ALL RiGHTS RESERVeD. mESSAGE fROm PETER GRAUER chairman sustainability is central to We invest significant time and money in the communities in which we live and work. We’ve saved over $25 million bloomberg’s core values in the last three years by reducing our environmental impact. and we’ve developed new sustainability products and and provides competitive services for our customers. these are tangible benefits to the company. advantage. our inaugural report outlines our efforts in philanthropy, environmental management, health and wellness, and learn- Michael bloomberg founded our business on one core ing, leadership and diversity. these initiatives