TriNet Receives "Prime" Status in ISS ESG Corporate Rating
TriNet (NYSE: TNET) has been awarded 'Prime' status by ISS ESG, the responsible investment arm of Institutional Shareholder Services. This recognition, achieved on April 26, 2024, acknowledges TriNet's strong performance in environmental, social, and governance (ESG) criteria. TriNet's Executive Vice President, Samantha Wellington, highlighted the company's ongoing commitment to corporate responsibility. In November 2023, TriNet released its third annual ESG report, underlining its sustainability practices and governance framework. ISS ESG ratings consider ESG-related risks and opportunities, providing a comprehensive assessment of company performance.
- TriNet achieved 'Prime' status from ISS ESG, recognizing outstanding ESG performance.
- TriNet's third annual ESG report provides transparency on sustainability practices and governance.
- Acknowledgment of TriNet's dedicated work towards corporate responsibility by top executives.
- ISS ESG ratings offer a holistic view, considering risks and opportunities, reflecting well on TriNet's management.
- No immediate financial impact or revenue increase mentioned.
- Recognition based on April 26, 2024, data; may not reflect current performance.
Recognized for its Commitment to Environmental, Social
and Governance Initiatives
ISS ESG evaluates the sustainability performance of companies through the ISS ESG "ESG Corporate Rating". ISS ESG measures performance across a scale and companies are categorized as Prime if they achieve or exceed ISS ESG's industry-specific thresholds.
"We are incredibly proud to be recognized for the environmental, social and governance initiatives TriNet has been passionate about for years," said Samantha Wellington, Executive Vice President of Business Affairs, Chief Legal Officer, and Secretary at TriNet. "Achieving Prime status reflects not only the quality of TriNet's ESG performance but also the dedicated work of our TriNet colleagues in supporting our foundational commitment to corporate responsibility."
TriNet released its third annual ESG report in November 2023, which provides transparency to stakeholders and details the company's sustainability practices, social responsibility and robust corporate governance framework. To read TriNet's 2023 ESG report and learn more about ESG program initiatives, visit www.trinet.com/about-us/esg.
ISS ESG Corporate Rating employs a transparent methodology that applies a holistic view of ESG management and performance. ESG-related risks are considered, as are the opportunities for and impacts of a company and its value chain. ISS ESG ratings assess impacts on all relevant stakeholders and offer additional insight on relevant risks and opportunities. Learn more about ISS ESG Ratings and Rankings here: https://www.issgovernance.com/esg/ratings/.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service industry-specific HR solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. For more information, visit TriNet.com or follow us on Facebook, LinkedIn and Instagram.
About ISS ESG
ISS ESG solutions enable investors to develop and integrate sustainable investing policies and practices, engage on sustainable investment issues, and monitor portfolio company practices through screening solutions. ISS ESG also provides climate data, analytics, and advisory services to help financial market participants understand, measure, and act on climate-related risks across all asset classes. In addition, ESG solutions cover corporate and country ESG research and ratings enabling its clients to identify material social and environmental risks and opportunities. For more information, please visit: www.iss-esg.com
TriNet and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
Investors: | Media: |
Alex Bauer | Renee Brotherton/Josh Gross |
TriNet | TriNet |
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