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INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX employees’ working experience, we designed a multi-faceted acoustics strategy — including sound-absorbing building materials and pink noise sound masking — to reduce the cognitive strain of distracting background noise or city noise pollution.
Globally, FTI Consulting partnered with the Million Mangrove project to plant a mangrove tree for each NYC employee as a way to commemorate the office opening.
Mangrove trees sequester four times as much carbon compared with rainforests, improve biodiversity and support local economies; the impact of our Million Mangrove project initiative can be found in our case study, Going Green: FTI Consulting Offices Support Reforestation Efforts Around the World case study.
The relocation resulted in near zero waste, implemented healthy design functionalities, and provides a beautiful, modern space for our employees and clients for years to come.
2 https://nrf.com/media-center/press-releases/families-prioritize-back-school-and-college-spending-amidst-rising “Fitwel’s two focus areas complement each other to reduce the impact of the built environment on both the planet and our health.
Guided by our core values, we are focused on five key areas: Culture, Stakeholder Engagement, Talent Development, Diversity, Inclusion and Belonging, and Corporate Citizenship.
Additional factors we have found closely related to overall employee engagement were transparent communication from leadership, quality coaching and feedback from managers, a flexible work environment and efforts around career development.
— In Asia and the Caribbean, employees were offered monthly Health & Wellness webinars as part of their EAP, which focused on six pillars: physical health, social health, emotional health, environmental health, financial health and vocational health.
The whole challenge was amazing and definitely brought out colleagues’ competitive nature and demonstrated a great power of unity.
Recognizing the importance of integrating new hires into our organization quickly and seamlessly — especially in a hybrid environment — FTI Consulting improved our onboarding processes to present a more consistent experience for new hires.
Our objective is to provide a flexible work environment for our professionals and clients while attaining deep collaboration, meaningful relationship building and complex problem solving.
With the locational variations in COVID-guidance, we remained steadfast in establishing a productive work environment for our employees.
In the 89% of employees indicated our facilities contribute to a good working environment, and 92% indicated they are given the resources and equipment needed to do their job.
In-office work also facilitated joint volunteering opportunities and employee resource group (“ERG”)-related gatherings.
“One of my favorite things about working at FTI Consulting is the diversity of work.
Our organization includes the best concentration of exceptional, smart, driven, creative, collaborative and diverse experts.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX are structured to prepare newly minted employees for their new role and enhance their leadership, managerial, teaming and client relations skills. — Senior Managing Director Readiness Program: As emerging leaders approach a promotion from Managing Director to Senior Managing Director, FTI Consulting holds tactical training to prepare future firm leaders for their new role within the firm.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Click to watch Seize the Day: Developing the Next Generation of Leaders with Edith Wong “I get the chance to work alongside highly credentialed and very experienced experts.
, we are committed to embracing, cultivating and maintaining a culture of diversity, inclusion and belonging, as it is fundamental to our core values.
This is core to our firm’s values and our pact to create a workplace that champions diversity, inclusion and gender parity.
We are a signatory of the CEO Action for Diversity & Inclusion™ pledge and a member of Stonewall’s Global Diversity Champions program, one of the leading benchmarks for global LGBTQI+ workplace diversity and inclusion.
As a Global Diversity Champion, Stonewall supports FTI Consulting in the development of policies and benefits for our LGBTQI+ employees through shared resources and advice to maintain an inclusive workplace.
SOCIAL | GOVERNANCE | APPENDIX https://www.ceoaction.com/media/https://www.stonewall.org.uk/global-diversity-champions-programme FTI Consulting, Inc.
The Culture Champion Award is a part of our FTI Awards program and is awarded annually to an employee who embodies and strengthens our corporate culture by promoting a diverse and inclusive environment, elevating and empowering voices, being involved in employee resource groups and engaging in other methods that drive a sense of community within the firm.
Through various initiatives and ERGs, we work to create an environment that is safe and inclusive for all employees and dimensions of diversity, including race, ethnicity, age, disability, gender identity and expression, religion or sexual orientation.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX “Being part of the program at FTI Consulting has been such a privilege.
“The FTI Pride Network signifies to the world that the company broadly encourages and supports diversity in the workplace.
It allows me to serve as an advocate for the interests of diversity.
FTI CONSULTING’S EMPLOYEE RESOURCE GROUPS FTI Consulting supports ERGs, including the Diversity Ambassadors program, the FTI Consulting Hispanic/Latinx Organization for Leadership & Advancement (“HOLA”), the FTI Consulting Pride Network, FTI WIN, the Race, Identity, Social and Equality (“RISE”) Network, the Mind & Body Network and the informal Parents Network in EMEA.
Diversity Ambassadors Our Diversity Ambassadors foster a culture of inclusion and belonging.
The Diversity Ambassadors meet to discuss topics that are top of mind to their offices.
HOLA members believe fiercely in the importance of inclusion so we’re thrilled to witness our passion project grow into a vital resource that unites people who may have never crossed paths before.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX “Co-chairing the RISE network alongside my talented colleagues has been challenging but not as much as it has been rewarding.
Our network consists of a community of professionals who care deeply about the future of diversity at FTI Consulting and what we can all bring to the table to improve what is an already open and welcoming culture.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Pillar to attract diverse talent FTI Consulting is committed to remaining a vibrant, progressive and well-respected organization for years to come.
In North America, we are making targeted efforts to build a diverse pipeline of professionals by ramping up FTI Consulting’s participation in virtual career fairs with diversity-focused professional organizations like Consortium, FairyGodBoss, Lesbians Who Tech and the Association of Latino Professionals For America.
Our spanned supporting efforts to address resource disparity in low-income education, combat genderbased violence and empower asylum seekers.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Pillar To foster a culture where everyone feels empowered to speak up and supported to engage so they can be themselves.
The training provides our managers with an educational environment to engage in scenario-specific exercises and develop simpleto-use strategies for practical application.
He drew from his own experiences and spoke on tackling racism and sharing ideas on improving diversity in organizations.
This resulted in helping to educate others and break down the stigma around mental health. — Diversity, Inclusion & Belonging Speaker Series: The speaker series is a longstanding program that invites diverse perspectives into our office.
Additionally, in celebration of AAPI Heritage Month, our teams across the globe hosted a variety of events to celebrate the history and diversity of AAPI heritage.
However, research continues to highlight that gender diversity in management positions leads to improved business performance1.
APPENDIX The below highlights several initiatives undertaken in ongoing and relevant: Our Diversity, Inclusion & Belonging speaker series in Asia furthered conversations in 2021, welcoming speakers with varying backgrounds to engage in discussions with FTI Consulting employees.
The guest speakers shared their views on the importance of celebrating diversity in the workplace, what an inclusive leader looks like and practical ways to implement innovation within the workplace that drives change.
Maximizing long-term value for our shareholders — Making a positive impact in our communities — Leveraging our unique skill sets to support a more diverse and inclusive society — Minimizing our negative impact on the environment Each day, our experts make a meaningful impact by applying their definitive expertise, tenacious culture and practical experience to client engagements.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX “As a member of the Pro Bono Advisory Committee, it was exciting to see the surge of interest in more broadly.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX The update to our policy also resulted in an expansion of topics served, which allows us to represent more causes that are important to our employees.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Employee Matching Gift Program FTI Consulting’s Matching Gift Program amplifies the impact of our employees’ personal charitable contributions.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Volunteering FTI Consulting empowers and encourages our employees to make a positive impact on communities by getting involved in causes that are important to them.
The efforts and energy of our Champions are key contributors to the growth of our program.
THE TALENT TAP “Supporting diversity can often mean exploring hard truths and going beyond barriers and comfort, and the social mobility cold spots in the UK cannot be underestimated.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Our Corporate Citizenship Journey Professionals at FTI Consulting have showcased an interest in supporting the community more broadly even before a formal Corporate Citizenship Program was founded.
— Compensation Committee: Responsible for approving and administering executive compensation programs in furtherance of the interests of the stockholders, producing an annual report on executive compensation for inclusion in the company’s annual proxy statement and reviewing the company’s overall programs of employee benefits. — Nominating, Corporate Governance and Social Responsibility Committee: Responsible for reviewing and overseeing the nomination of directors and ESG and human capital factors, including diversity, inclusion and equal opportunities, corporate citizenship and sustainability.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX Respect and Empathy are also core values to FTI Consulting.
The Code of Ethics and Business Conduct details how FTI Consulting employees must respect our colleagues regarding diversity, nondiscrimination and equal opportunity, anti-harassment and human rights.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX including but not limited to cryptography, application development and forensic capabilities.
INTRODUCTION | ENVIRONMENT | SOCIAL | GOVERNANCE | APPENDIX and client data, we have implemented specific security testing and training programs with the goal of helping our workforce recognize threats such as phishing, social engineering and other evolving threats toward information security.
UPDATING DATA ANALYSIS TO BRING STEM EDUCATION RESOURCES TO UNDERSERVED STUDENTS “Collaborating with We All Code was an incredible opportunity to make a direct impact for local Chicago communities while working to close the gender and diversity gaps in technology.
OUR IMPACT FTI Consulting sponsored developmental spaces that are more supportive of a positive environment for education and learning.
Forward-looking statements include statements concerning our plans, objectives, goals, strategies, initiatives, commitments, prospects, future events and other information that is not historical, including discussions of the company’s targets, aspirations, initiatives and other actions or data related to matters of corporate social responsibility, the environment and climate change, human capital management, political, philanthropic, business, procurement, and diversity and inclusion initiatives.
& Climate Change Disclosure Policy — Global Health & Safety Policy — Human Rights Policy — UK Modern Slavery Statement FTI Consulting tracks its Greenhouse Gas (“GHG”) emissions annually.
The company has disclosed our GHG emissions data for the years 2018-2021.
GHG emissions disclosed in this report represent data for entities under the operational control of FTI Consulting and its subsidiaries, which is consistent with the GHG Protocol.
For more details on the methodology utilized for our environmental impact calculations, see our FTI Consulting GHG Emissions Methodology Document.
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Diversity Data FTI Consulting surveys our employees based on the legal framework of the countries in which they reside and benchmarks our workforce demographics with ethnic groups that are defined at the country level.
FTI Consulting has provided additional diversity-related disclosures from our two largest countries by headcount, the U.S. and the UK, which represented of December 31, 2021.
FTI Consulting supports the Ten Principles on human rights, labor, environment and anti-corruption.
This methodology provides a more accurate account of the emissions from individuals providing services to clients on behalf of the firm.
As historical emissions per employee was based on total employees as of December per FTI Consulting’s Form 10-K, the following reconciliation table provides both total employees, as well as employees, including contractors for 2019, 2020 and 2021.
Environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
This report focuses on the environmental, social, and governance (ESG) issues that may significantly affect our business performance and that matter most to our key stakeholders.
Reporting Boundary Unless otherwise noted, this report includes data from vessels and assets that are operated under Teekay’s Health, Safety, Environment, and Quality (HSEQ) management system.
Teekay provides a comprehensive set of marine services to the world’s leading energy companies.
With offices in and shore-based employees, Teekay brings energy where it is needed—anywhere in the world—to power the global economy and to improve people’s lives.
The world depends on reliable access to energy.
Global energy demand has increased more than twenty years and may increase by almost another 30% over the next twenty years.
This represents an increase in global energy demand over the next two decades by an amount larger than all of North American energy consumption today.
Furthermore, almost all of this growth has, and will continue to be, in middle and lower-income countries, where reliable access to energy is a critical prerequisite for ongoing economic growth.
In short, the world needs more energy, and we continue to believe that fossil fuels will remain an important part of the world’s energy supply for many years.
In fact, after two years of lower consumption due to the global pandemic, global oil consumption is once again expected to exceed in 2022, and recent high prices illustrate the need for more security of global energy supply.
At the same time, it is clear the environmental and societal risks inherent in fossil fuels necessitate a transition to a low-carbon energy future.
Teekay has a long history of adapting to changes in the global energy mix, and we will now focus our efforts on balancing the dual goal of continuing to provide our customers with safe, efficient, and reliable fossil fuel transportation, while also exploring ways to support and drive the global energy transition.
In January of our gas business, which many people in Teekay have been deeply involved in building since we entered the LNG shipping business back in 2004.
This past year we continued to deliver on our ESG commitments, including green recycling of the Petrojarl Banff FPSO at an EU-approved facility, and maintaining our support for the Ship Recycling Transparency Initiative.
We contribute to a sustainable business, environment and community.
Passion We live our spirit We bring energy and enthusiasm to our work.
Over the last few years, we have seen a significant increase in social and environmental awareness worldwide, combined with increasing scrutiny of companies’ efforts to address environmental and social concerns and uphold business ethics.
We expect that our stakeholders will increasingly evaluate us based on our commitment to and management of a broad range of environmental, social, and governance (ESG) issues.
energy transition Teekay has a track record of servicing the needs of an evolving global energy mix.
To serve the world’s growing demand for energy while also meeting the goals of the Paris Agreement will require a significant increase in global renewable and low-carbon energy.
Our strategy will be to use our capital, expertise, reputation, and partnerships to support this global energy transition.
Also, we continue to invest in increasing the efficiency of our vessels and have been a leader in developing innovative vessel designs to reduce environmental impacts.
our ESG profile Earning and maintaining the trust of all our stakeholders requires transparency about our commitments and performance in managing important environmental, social, and governance issues.
Reduce GHG emissions 2050 and support the global energy transition INTEGRITY AT TEEKAY Our compass is to be the most trusted shipping company in the world.
Teekay’s Boards of Directors oversee our environmental, social, and governance performance.
At each meeting, the Boards review and discuss Teekay’s health, safety and environmental performance and its performance on sustainability and diversity efforts.
Support a precautionary approach to environmental challenges We have built our company on a deep commitment to responsible safety and environmental practices.
Our HSEQ policy establishes our commitment to meet and exceed all environmental requirements and to operate sustainably by preventing pollution, striving for zero spills, and minimizing emissions that impact the environment.