General Disclosures
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GRI Standard Disclosure Number
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GRI Disclosure Title
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2020 Response
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Organizational Profile
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Name of Organization
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Activities, Brands, Products, and Services
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Location of Headquarters
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Location of Operations
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Ownership and Legal Form
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Markets Served
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Scale of the Organization
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Information on Employees and Other Workers
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Supply Chain
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Significant Changes to the Organization and its Supply Chain
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During the reporting year, there were no major changes within our supply chain.
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Precautionary Principle or Approach
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External Initiatives
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Charters
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Membership of Associations
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Strategy
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Statement from Senior Decision-Maker
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Key Impacts, Risks, and Opportunities
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Ethics & Integrity
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Values, Principles, Standards, and Norms of Behavior
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Mechanisms for Advice and Concerns About Ethics
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Governance
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Governance Structure
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Executive-Level Responsibility for Economic, Environmental, and Social Topics
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Consulting Stakeholders on Economic, Environmental and Social Topics
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Composition of the Highest Governance Body and its Committees
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Chair of the Highest Governance Body
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Role of the Highest Governance Body in Setting Purpose, Values and Strategy
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Collective Knowledge of the Highest Governance Body
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Identifying and Managing Economic, Environment and Social Impacts
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Highest Governance Body's Role in Sustainability Reporting
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Stakeholder Engagement
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List of Stakeholder Groups
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Collective Bargaining Agreements
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Identifying and Selecting Stakeholders
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Approach to Stakeholder Engagement
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Key Topics and Concerns Raised
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Reporting Practice
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Entities Included in the Consolidated Financial Statements
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Defining Report Content and Topic Boundaries
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List of Material Topics
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Restatements of Information
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Changes in Reporting
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Reporting Period
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January 1 – December 31, 2020
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Date of Most Recent Report
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April 2020
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Reporting Cycle
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Annual
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Contact Point for Questions Regarding the Report
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Carrie Ruddy
carrie.ruddy@tranetechnolgies.com
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Claims of Reporting in Accordance with GRI Standards
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This report has been prepared in accordance with the GRI Standards: Core option
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GRI Content Index
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This table is the GRI Content Index
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External Assurance
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Our environmental, health and safety and GHG data are assured annually by a third party.
The assurance process is led by the vice president, environmental, health and safety, operations who reports to senior vice president, global operations and integrated supply chain
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Topic Specific Disclosures
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GRI Standard Disclosure Number
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GRI Disclosure Title
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2020 Response
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Access to Heating and Cooling
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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N/A
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Report appropriate disclosures, since material topic is not covered by an existing GRI Standard.
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Company Culture
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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New Employee Hires and Employee Turnover
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Company Culture (see data table: New Employee Hires)
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Benefits Provided to Full-Time Employees That Are Not Provided to Temporary or Part-Time Employees
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Parental Leave
The reporting organization shall report the following information:
a. Total number of employees that were entitled to parental leave, by gender.
b. Total number of employees that took parental leave, by gender.
c. Total number of employees that returned to work in the reporting period after parental leave ended, by gender.
d. Total number of employees that returned to work after parental leave ended that were still employed 12 months after their return to work, by gender.
e. Return to work and retention rates of employees that took parental leave, by gender.
Reporting recommendations
2.4 When compiling the information specified in Disclosure 401-3, the reporting organization should use the following formulas to calculate the return to work and retention rates: Return to work rate = (Total number of employees that did return to work after parental leave / Total number of employees due to return to work after taking parental leave) X 100; Retention rate = (Total number of employees retained 12 months after returning to work following a period of parental leave / Total number of employees returning from parental leave in the prior reporting period(s)) X 100
See GRI 401 Employment PDF for additional guidance."
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Company Culture (see data table: Parental Leave Data (U.S.))
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Diversity & Inclusion/Board Oversight/Equal Remuneration
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Diversity of Governance Body and Employees
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Diversity & Inclusion (see data table: Gender Diversity Data)
Our Employees (see data table: Our Global Workforce)
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Emissions
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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A third party assures our greenhouse gas emissions data annually.
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Energy Direct (Scope 1) GHG Emissions
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Gross direct (Scope 1) GHG emissions: Greenhouse Gas Emissions (see data table: Emissions Breakdown)
Gases included in the calculation: CO2, CH4, N2O
Biogenic CO2 emissions: 0
Base year for the calculation: 2019
Source of emissions factors and the GWP rates used: IPCC AR5 – Climate Change 2013; EPA Climate Leaders, Emission Factors for Greenhouse Gas Inventories, March 9, 2018; 2017 Climate Registry Default Emissions Factors Report, Table B.2, March 15, 2017.
Consolidated approach for emissions: Financial control
Standards, methodologies, assumptions and/or calculation tools used: World Resources Institute, The Greenhouse Gas Protocol (Data & Report)
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Energy Indirect (Scope 2) GHG Emissions
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Greenhouse Gas Emissions (see data table: Emissions Breakdown)
Gases included in the calculation: CO2, CH4, N2O, HFCs and small quantities of HCFCs (e.g. R22)
Base year for the calculation: 2019
Source of emissions factors and the GWP rates used: USA location factors: US EPA, 2016 grid, egrid2016_summarytables.xlsx, February 2015, 2018
Consolidated approach for emissions: Financial control
Standards, methodologies, assumptions and/or calculation tools used: World Resources Institute, The Greenhouse Gas Protocol
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Other Indirect (Scope 3) GHG Emissions
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Greenhouse Gas Emissions (see data table: Scope 3 GHG Emissions)
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GHG Emissions Intensity
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GHG emissions intensity ratio: -1.89 metric tons CO2e
Organization-specific metric (the denominator): Million USD
Types of GHG emissions included in the intensity ratio: Scope 1 and Scope 2
Gases included in the calculation: CO2, CH4, N2O"
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Reduction of GHG Emissions
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GHG emissions reduced as a direct result of reduction initiatives:
- Scope 1: 33,178 CO2e
- Scope 2: 15,958 CO2e
Gases included in the calculation: CO2, CH4, N2O
Base year or baseline: 2019
Scopes in which reductions took place: Scope 1 and Scope 2
Standards, methodologies, assumptions and/or calculation tools used: GRI 305: Emissions 2015, Disclosure 305-5
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Emissions of Ozone-Depleting Substances (ODS)
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Not applicable, Trane Technologies is not a manufacturer of ODSs based on interpretation of GRI 305-6
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Nitrogen Oxides (NOx), Sulfur Oxides (SOx), and Other Significant Air Emissions
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Greenhouse Gas Emissions (see data tables: NOx and SOx Emissions; Volatile Organic Compound (VOC) Air Emissions)
Source of the emissions factor used: U.S. EPA, Compilation of Air Pollution Emission Factors (AP-42), U.S. EPA Updated Emission Factors of Air Pollutants from Vehicle Operations in GREET Using MOVES; and vendor technical data sheets
Standards, methodologies, assumptions and/or calculation tools used: General calculation method is material usage multiplied by emissions factor
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Energy
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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Energy
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103-3
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Evaluation of management approach
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Energy
A third party assures our energy data ever year for company operations.
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Energy Consumption Within the Organization
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Energy (see data table: Absolute Energy Use, Renewable Energy Data): 628,652 MWh, sum of non-renewable energy sources from natural gas (769 billion KJ), gasoline (686 billion KJ), diesel (175 billion KJ), propane (54 billion KJ), aviation fuels (7 billion KJ), plus 85% of adjusted electricity (elec less VPAA/solar rec). 8.6 billion KJ, sum of renewable energy sources
Electricity, heating, cooling, steam sold: Energy (See data table: Renewable Energy Data)
Total energy consumption: 2,790 billion KJ
Standards, methodologies, assumptions and/or calculation tools used: GRI 302: Energy 2016, Disclosure 302-1
Source of factors used: EPA Climate Leaders, Emission Factors for Greenhouse Gas Inventories, 9 March 2018; Climate Change, 2013, The Physical Science Basis, Working Group I Contribution to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change, Chapter 8, Appendix 8.A, Table 8.A.1; 2017 Climate Registry Default Emission Factors report, Table B.2, March 15, 2017
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Energy Consumption Outside the Organization
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All energy was consumed within the organization.
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Energy Intensity
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Energy
Energy intensity ratio: 0.178
Organization-specific metric (the denominator): million USD
Types of energy included in the intensity ratio: Fuel and electricity
All energy used was consumed inside the organization.
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Reduction of Energy Consumption
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Energy
Amount of reductions in energy consumption achieved: 25.2
Types of energy included in the reductions: fuel and electricity
Base year for targets: 2019
Basis for calulating reductions: Calendar year 2020
Methodology: GRI 302: Energy 2016: 302-4
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Energy Efficient and Low Emission Products
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Reductions in Energy Requirements of Products and Services
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Financial Performance
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Direct Economic Value Generated and Distributed
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Innovation for Emerging Markets
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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N/A
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Report appropriate disclosures, since material topic is not covered by an existing GRI Standard.
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Product Life Cycle
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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N/A
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Report appropriate disclosures, since material topic is not covered by an existing GRI Standard.
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Public Policy
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Political Contributions
The reporting organization shall report the following information:
a. Total monetary value of financial and in-kind political contributions made directly and indirectly by the organization by country and recipient/beneficiary.
b. If applicable, how the monetary value of in-kind contributions was estimated.
2.1 When compiling the information specified in Disclosure 415-1, the reporting organization shall calculate financial political contributions in compliance with national accounting rules, where these exist.
See GRI 415 Public Policy PDF for additional guidance.
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Public Policy (see data table: Lobbying Expenditures)
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Supplier Environmental Conditions
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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New Suppliers That Were Screened Using Environmental Criteria
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Negative Environmental Impacts in the Supply Chain and Action Taken
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Technology & Innovation
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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N/A
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Report appropriate disclosures, since material topic is not covered by an existing GRI Standard.
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Training & Development
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Average Hours of Training Per Year Per Employee
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Learning & Development (see data table: Learning and Development Hours)
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Programs for Upgrading Employee Skills and Transition Assistance Programs
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Percentage of Employees Receiving Regular Performance and Career Development Reviews
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English