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TriNet Releases 2024 Environmental, Social and Governance Report

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TriNet (NYSE: TNET) has released its fourth annual Environmental, Social and Governance (ESG) report for 2024, highlighting the company's commitment to sustainability, workplace diversity, and corporate governance. Key initiatives include updating environmental policies, expanding global workforce solutions, and improving corporate social responsibility programs. The company achieved a 95 out of 100 rating in the Human Rights Campaign's Corporate Equality Index, up from 75 previously. TriNet has also enhanced its Inclusion, Diversity, Equity and Accessibility (IDEA) program and implemented new business practice policies including Anti-Money Laundering and Anti-Corruption measures.

TriNet (NYSE: TNET) ha pubblicato il suo quarto rapporto annuale sulla sostenibilità, il sociale e la governance (ESG) per il 2024, evidenziando l'impegno dell'azienda verso la sostenibilità, la diversità sul posto di lavoro e la governance aziendale. Le principali iniziative includono l'aggiornamento delle politiche ambientali, l'espansione delle soluzioni per la forza lavoro globale e il miglioramento dei programmi di responsabilità sociale d'impresa. L'azienda ha ottenuto un 95 su 100 nel Corporate Equality Index della Human Rights Campaign, in aumento rispetto al 75 di prima. TriNet ha inoltre potenziato il suo programma per Inclusione, Diversità, Equità e Accessibilità (IDEA) e ha implementato nuove politiche commerciali, comprese misure contro il riciclaggio di denaro e la corruzione.

TriNet (NYSE: TNET) ha lanzado su cuarto informe anual sobre Medio Ambiente, Social y Gobernanza (ESG) para 2024, destacando el compromiso de la empresa con la sostenibilidad, la diversidad en el lugar de trabajo y la gobernanza corporativa. Las iniciativas clave incluyen la actualización de las políticas ambientales, la expansión de soluciones para la fuerza laboral global y la mejora de los programas de responsabilidad social corporativa. La empresa logró una calificación de 95 de 100 en el Índice de Igualdad Corporativa de la Campaña por los Derechos Humanos, que subió desde 75. TriNet también ha mejorado su programa de Inclusión, Diversidad, Equidad y Accesibilidad (IDEA) e implementado nuevas políticas comerciales que incluyen medidas contra el lavado de dinero y la corrupción.

TriNet (NYSE: TNET)은 2024년을 위한 네 번째 연간 환경, 사회 및 지배구조(ESG) 보고서를 발표하였으며, 지속 가능성, 직장 내 다양성 및 기업 지배구조에 대한 회사의 의지를 강조했습니다. 주요 이니셔티브로는 환경 정책 업데이트, 글로벌 인력 솔루션 확대 및 기업의 사회적 책임 프로그램 개선이 있습니다. 이 회사는 인권 캠페인의 기업 평등 지수에서 100점 만점에 95점을 달성하여 이전의 75점에서 상승했습니다. TriNet은 또한 포용성, 다양성, 형평성 및 접근성(IDEA) 프로그램을 강화하고 자금 세탁 방지 및 반부패 조치를 포함한 새로운 비즈니스 관행 정책을 도입했습니다.

TriNet (NYSE: TNET) a publié son quatrième rapport annuel sur l'environnement, le social et la gouvernance (ESG) pour 2024, mettant en avant l'engagement de l'entreprise en faveur de la durabilité, de la diversité sur le lieu de travail et de la gouvernance d'entreprise. Parmi les initiatives clés figurent la mise à jour des politiques environnementales, l'expansion des solutions de main-d'œuvre mondiale et l'amélioration des programmes de responsabilité sociétale des entreprises. L'entreprise a obtenu une note de 95 sur 100 dans l'Indice d'Égalité des Entreprises de la Campagne des Droits de l'Homme, en hausse par rapport à 75. TriNet a également renforcé son programme d'Inclusion, de Diversité, d'Équité et d'Accessibilité (IDEA) et mis en œuvre de nouvelles politiques commerciales, y compris des mesures contre le blanchiment d'argent et la corruption.

TriNet (NYSE: TNET) hat seinen vierten jährlichen Bericht über Umwelt, Soziales und Unternehmensführung (ESG) für 2024 veröffentlicht, in dem das Engagement des Unternehmens für Nachhaltigkeit, Vielfalt am Arbeitsplatz und Unternehmensführung hervorgehoben wird. Zu den wichtigsten Initiativen gehören die Aktualisierung der Umweltpolitik, die Erweiterung globaler Personallösungen und die Verbesserung der Programme zur sozialen Verantwortung von Unternehmen. Das Unternehmen erreichte im Corporate Equality Index der Human Rights Campaign eine Bewertung von 95 von 100, die zuvor bei 75 lag. TriNet hat auch sein Programm für Inklusion, Diversität, Chancengleichheit und Zugänglichkeit (IDEA) verbessert und neue Geschäftspraktiken einschließlich Maßnahmen gegen Geldwäsche und Korruption implementiert.

Positive
  • Improved Corporate Equality Index rating from 75 to 95 out of 100
  • Expanded service offerings through Global Workforce Solutions initiative
  • Enhanced corporate governance through new anti-money laundering and anti-corruption policies
Negative
  • None.

DUBLIN, Calif., Nov. 13, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the release of its 2024 TriNet Environmental, Social and Governance (ESG) report. The report details TriNet's efforts over the past year focusing on environmental sustainability, fostering a diverse and inclusive workplace, and maintaining its high standards of corporate governance.

"At TriNet, trust is the cornerstone of our business, trust that is built every day through my colleagues' integrity, reliability and genuine care for others," said TriNet President and CEO Mike Simonds. "Our fourth annual ESG report highlights our efforts to make a positive and lasting impact on the world around us and demonstrate our commitment to do what is right."

TriNet's release of its fourth annual ESG report provides additional transparency to its stakeholders, as well as details on its sustainability efforts, social responsibility and robust corporate governance framework. Through the information disclosed in the report, TriNet underscores its core values—Lead with the Customer, Stand Together, Act with Integrity, Make an Impact, Be Incredible—which remain the foundation of the company's culture.

"Our ESG program fosters an environment where colleagues can grow both personally and professionally," said Sidney Majalya, TriNet's Senior Vice President, Chief Legal Officer and Secretary. "I am proud of how we've empowered our colleagues and focused on telling the story of a company dedicated to building upon our foundation of trust. This foundation will guide our future ESG efforts, ensuring we continue to create meaningful, lasting impacts for our clients and communities."

Read TriNet's 2024 ESG report and learn more at our site dedicated to highlighting TriNet's ESG program initiatives and progress: https://www.trinet.com/about-us/esg.

This year's report emphasizes efforts TriNet has made toward continuing to earn the trust of small and medium-size businesses (SMBs). Highlights of TriNet's 2024 ESG report include:

Updating Environmental Sustainability Policy: TriNet's policy details its promise to practice responsible corporate citizenship, engage in sustainable activities and promote stakeholder awareness.

Listening and Learning: TriNet is meeting its customers where they are through intentional and focused efforts. For example, TriNet continued its customer experience councils (CECs), which provide a direct way to engage with customers and listen to their feedback to be better equipped to continuously adapt our capabilities to meet or exceed expectations. TriNet also launched Global Workforce Solutions, a new initiative by TriNet to support SMBs, providing its clients with solutions to expand their global footprints. TriNet aims to empower its customers by providing comprehensive offerings such as payroll, benefits administration, payroll tax compliance and HR support for businesses operating in multiple countries.

Human Rights Campaign Foundation's Corporate Equality Index: TriNet began its participation in the Human Rights Campaign's Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality in 2022. TriNet participated a second time in the 2023-2024 review period, proudly receiving a 95 rating out of 100, growing from its previous score of 75.

Paper Reduction Efforts: TriNet continues to educate customers and their employees on the benefits of electronically delivered year-end tax documents and paychecks. By choosing paperless solutions, its customers, their employees and the environment all benefit.

Corporate Social Responsibility: TriNet's Corporate Social Responsibility (CSR) program provides an opportunity to support nonprofits with a mission to foster positive change, economic development and the growth of entrepreneurism. This is part of an ongoing effort to make a positive impact through the TriNet Foundation, a donor-advised fund and a key component of its CSR program.

Inclusion, Diversity, Equity and Accessibility: In 2024, TriNet announced the expansion of its Diversity, Equity and Inclusion (DEI) program to encompass a broader focus on accessibility. By integrating accessibility into DEI efforts, TriNet aims to ensure that colleagues, regardless of their abilities, have equal opportunities for success. The enhanced strategy is represented by the acronym inclusion, diversity, equity and accessibility (IDEA).

Improving Guardrails: TriNet created or updated its policies concerning its business practices. This includes creating a new policy, the Anti-Money Laundering and Sanctions Policy, Anti-Bribery and Anti-Corruption policy, and updating its Human Rights and Labor Standards policy, Vendor Code of Conduct and Code of Business Conduct and Ethics.

Focusing on Our People: TriNet built upon its employee value proposition (EVP), a people-centric approach that lies at the heart of its strategy to attract, engage and retain top talent. Its EVP is designed to deepen TriNet's connection with both current and potential employees, fostering a culture of support and inclusion. With TriNet's commitment to creating an inclusive and supportive workplace, through its IDEA program, a focus on its benefits and offerings, and development programs, the company aims to encourage team members to feel valued and empowered, reinforcing its position as an employer of choice.

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 LinkedIn, Instagram and Facebook.

Use of Forward-Looking Statements
This press release contains statements that are not historical and are predictive in nature or that depend upon or refer to future events, conditions, or otherwise contain forward-looking statements within the meaning of Section 21 of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by the use of words such as but not limited to "ability," "anticipate," "believe," "can," "continue," "could," "design," "estimate," "expect," "forecast," "hope," "impact," "intend," "may," "outlook," "plan," "potential," "predict," "project," "seek," "should," "strategy," "target," "value," "will," "would," and similar expressions or variations intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from our current expectations and any past or future results, performance or achievements. Investors are cautioned not to place undue reliance upon any forward-looking statements.

Investors:

Media:

Alex Bauer

Renee Brotherton/Josh Gross

TriNet

TriNet

Alex.Bauer@TriNet.com

Renee.Brotherton@TriNet.com


Josh.Gross@TriNet.com

 

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SOURCE TriNet

FAQ

What rating did TriNet (TNET) receive in the 2023-2024 Human Rights Campaign Corporate Equality Index?

TriNet received a 95 out of 100 rating in the 2023-2024 Human Rights Campaign Corporate Equality Index, improving from its previous score of 75.

What new business initiatives did TriNet (TNET) launch in its 2024 ESG report?

TriNet launched Global Workforce Solutions, a new initiative to support SMBs with comprehensive offerings including payroll, benefits administration, payroll tax compliance, and HR support for businesses operating in multiple countries.

What new policies did TriNet (TNET) implement in 2024 for corporate governance?

TriNet implemented new Anti-Money Laundering and Sanctions Policy, Anti-Bribery and Anti-Corruption policy, and updated its Human Rights and Labor Standards policy, Vendor Code of Conduct, and Code of Business Conduct and Ethics.

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