To do business in the future, we know what we do today matters.
We recently published our Corporate Responsibility & Inclusion report, highlighting our progress and commitments to sustainability, diversity, inclusion and community investment across our global business operations. Together with our customers, community partners and policy leaders we are amplifying our impact like never before.
To do business in the future, we know what we do today matters. This past April, I was proud to include Thomson Reuters as a signatory to the United Nations Global Compact (UNGC), reinforcing the importance of sustainable and responsible business practices. Operating ethically and responsibly has always been core to who we are, and our membership with the UNGC furthers that commitment.
At a time when nationalism is on the rise globally and the echo chambers of social media are increasingly polarized, the value we place on the diversity and inclusion of people and thought is ever more important. Our Business Resource Groups (BRGs) continue to grow in membership and in impact, offering a space for open and inclusive discussion, and the development of new tools, policies and processes to ensure that all employees can bring their very best to work. In consultation with our BRGs, 2016 saw the launch of a leadership development program to support colleagues based on ethnic diversity, with aims to increase diverse representation at senior levels of the business.
Since what gets measured gets managed, transparency is central to our work. In last year’s report, we were proud to publish for the first time statistics on women in leadership at Thomson Reuters. I’m pleased to report the positive trends continued in 2016, with females now representing 30 percent of our executive leadership. This year, we’ve committed to raising that number to 40 percent by 2020. And, more efficient business practices with the support of our Green Team networks helped us continue to reduce our carbon emissions in 2016, achieving a 30 percent reduction since 2011.
We also brought more transparency on these issues to the marketplace with the launch of the Thomson Reuters Diversity & Inclusion Index which ranks the 100 most diverse and inclusive workplaces amongst publicly traded companies around the world. Our Greenhouse Gas Emissions reports highlighted emissions amongst the world’s 500 largest businesses, complementing a number of areas of sustainability thought leadership which we produce with customers and trusted partners.
Our business does not operate in a vacuum. We rely on an extensive network of customers, partners and suppliers, all of whom impact the communities in which we live and work. Supporting these communities is foundational to our culture, and our business.
In 2016, Thomson Reuters employees logged nearly 137,000 volunteer hours, a 16 percent increase over the prior year. Global Volunteer Networks supported key activities and campaigns, including World Food Day, Earth Day and Giving Tuesday. 2016 is a story of success for these and other programs, success which we share with our employees, customers and partners. And, we expect 2017 to deliver even more progress.
In more than 100 countries for more than 100 years, Thomson Reuters has helped society evolve and become more transparent. The world needs fair and open markets, resilient tax systems and confidence in the rule of law. That is why we believe what we do matters for the future.