Fidelity National Financial Releases 2023 Sustainability Report

Rhea-AI Summary

Fidelity National Financial (NYSE: FNF) published its 2023 Sustainability Report, highlighting significant advancements in its sustainability initiatives. CEO Mike Nolan emphasized the company's ongoing commitment to fostering long-term growth through a comprehensive ESG strategy. Key achievements include a 24% reduction in GHG emissions and a 63% decline in corporate waste at the Jacksonville headquarters compared to 2019. Socially, 42% of FNF's leadership team and 70% of its U.S. workforce are female, and the company supported over 900 community organizations in 2023. Governance highlights include robust ESG oversight at the board level, with a diverse and predominantly independent board of directors. The full report is accessible on FNF's website.

JACKSONVILLE, Fla., July 8, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company"), today published its 2023 Sustainability Report. The report details notable highlights from the past year for FNF's sustainability program.

Mike Nolan, Chief Executive Officer of FNF, commented, "I am pleased to announce the publication of our fifth annual sustainability report, which demonstrates our dedication to fostering FNF's long-term growth through sustainability initiatives. Our committed team, together with our board of directors, is focused on the continued development of a comprehensive ESG strategy. This strategy will allow us to better meet the needs of our employees, business partners, and local communities where we operate while diligently tracking and monitoring our progress in these areas over time. Our 2023 report highlights our continued progress and dedication towards a more sustainable future."

Highlights from the 2023 Report:

Protecting Our Insureds and the Integrity of the Nation's Public Records

• As the nation's largest title insurance company, FNF protects the rights of insured residential and commercial property owners against unexpected legal and financial claims that may arise after closing
• FNF continues to invest in programs and technology to protect homebuyers from fraud, including the Company's WireSafe and Start inHere^® programs
• FNF continues to make strategic investments in information security, including cybersecurity, to protect our clients and our information systems
• FNF plays a critical role in the preservation of an accurate and reliable system of public records, which is vital for a well functioning real estate market

Environment

• In 2023, FNF's Scope 1 and 2 GHG emissions decreased by 24% at the Company's Jacksonville headquarters as compared to the 2019 baseline year, reflecting the Company's energy reduction initiatives
• Waste management initiatives at the Company's Jacksonville headquarters aided a 63% decline in total corporate waste in 2023 as compared to the 2019 baseline year
• Conservation initiatives helped reduce water consumption at our Jacksonville Headquarters by 27% in 2023 as compared to the 2019 baseline year

Social

• 42% of FNF's leadership team and 70% of the Company's U.S. workforce are female
• FNF supported over 900 community organizations in 2023, including United Way and the ALTA Good Deeds Foundation
• FNF has awarded more than $13 million through almost 3,000 scholarships to highly qualified dependents of the Company's employees since inception of the scholarship program in 2007, including 327 scholarships for the 2023-2024 scholarship year

Governance

• ESG oversight is managed at the board level through the audit committee of our board of directors
• Two of FNF's board members are U.S. military veterans, two identify as racially or ethnically diverse, and two board members are female
• 82% of FNF's Board of Directors are independent from management

The full report is available on FNF's website: Access to the Sustainability Webpage and 2023 Sustainability Report.

About Fidelity National Financial, Inc.

Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority owned subsidiary F&G Annuities & Life, Inc. (NYSE: FG). FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at www.fnf.com.

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SOURCE Fidelity National Financial, Inc.

FAQ

What are the key highlights of Fidelity National Financial's 2023 Sustainability Report?

Fidelity National Financial's 2023 Sustainability Report highlights a 24% reduction in GHG emissions, a 63% decline in corporate waste, and significant social and governance achievements including strong female representation and extensive community support.

How much did Fidelity National Financial reduce its GHG emissions in 2023?

Fidelity National Financial reduced its Scope 1 and 2 GHG emissions by 24% in 2023 compared to the 2019 baseline year.

What initiatives contributed to Fidelity National Financial's waste reduction in 2023?

Fidelity National Financial's waste management initiatives at its Jacksonville headquarters led to a 63% reduction in total corporate waste in 2023 compared to the 2019 baseline year.

What social contributions did Fidelity National Financial make in 2023?

In 2023, Fidelity National Financial supported over 900 community organizations, awarded scholarships, and maintained a workforce with 42% female leadership and 70% female employees.

How does Fidelity National Financial ensure good governance practices?

Fidelity National Financial's ESG oversight is managed by the board's audit committee, with a diverse and predominantly independent board, including members who are female, racially or ethnically diverse, and U.S. military veterans.

Where can I access Fidelity National Financial's 2023 Sustainability Report?

The full 2023 Sustainability Report by Fidelity National Financial is available on the company's website.