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DigitalBridge Publishes 2020 ESG Report
Details Company’s Actions to Accelerate its Positive Impact through ESG Commitments, Achievements and Longer-Term Objectives
“The events and challenges of the past year have accelerated our commitment to deliver connectivity solutions around the world and amplified the positive social and environmental impacts we create,” said
Highlights of the Company’s ESG achievements in 2020 include:
Environmental – Tackling climate change:
Pledged to achieve net zero greenhouse gas emissions at
DigitalBridgeand all of its portfolio companies by 2030 through actions, which include:
- Reducing energy consumption;
- Sourcing renewable energy;
- Decarbonizing supply chains through supplier collaborations; and
- Purchasing carbon removals for emissions that cannot be avoided by the previous three actions.
- Two portfolio companies have already achieved carbon neutrality with a third on track to attain it by 2021 year-end.
- Pledged to achieve net zero greenhouse gas emissions at
Social – Helping people thrive:
Established a cross-functional 15-member
Diversity, Equity and Inclusion (DEI) Steering Committeethat established a comprehensive DEI initiative including performance targets and implementation plans.
- Launched a Summer Analyst Program with 80% of analysts joining the Company from underrepresented groups.
- Established a cross-functional 15-member
Governance1 – Transforming leadership:
- Increased Board of Directors independence and digital expertise, while also significantly enhancing the diversity of the Board, with 50% of directors coming from backgrounds that are traditionally underrepresented on boards.
- Fully rotated the executive leadership team, with new talent in almost every senior position.
DigitalBridge’s 2020 ESG report aligns with the globally recognized
1 Board of Directors statistics are as of Annual Meeting,
Cautionary Statement regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements about our goals and expectations regarding our ESG initiatives. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include, without limitation, the timing and pace of the Company’s digital transformation, the Company’s ability to advance, and cause its portfolio companies to advance, its ESG initiatives and achieve the Company’s Net Zero 2030 commitment, and other risks and uncertainties, including those detailed in
Managing Director, Head of Public Investor Relations