Paychex Named One of The World’s Most Ethical Companies by Ethisphere for 16th Time - Seite 2

In the 2023 Environmental, Social, and Governance Report, Paychex released the impact the company has made to date and announced initiatives related to the primary pillars of the company’s ESG program:

• Paychex is committed to supporting strong and vibrant communities. In FY23, the Paychex Charitable Foundation made its first gifts in support of its strategic giving framework focused on well-being. The initiative directs $1 million in funding each year for the next four years to Mental Health America, Feeding America, Junior Achievement USA, and the National Urban League for a total investment of $4 million to support mental health, physical health, financial health, and professional skills development.
• Paychex launched the DEI Advisory Board, chaired by Gibson, to align efforts through strategic task forces to move DEI actions throughout the company. Prioritization remains on amplifying diverse voices through recruitment, Employee Business Resource Groups (EBRG), mentorship programs, training, and pay equity. Last fiscal year, in (FY23), 61% of Paychex employees were female and 53.5% of leadership roles within Paychex were held by women.
• To align with the shifting guidance on reducing energy consumption and greenhouse gas (GHG) emissions, Paychex committed to updating its environmental policy at least once a year, performing enterprise-wide risk assessments, evaluating the energy efficiency of data centers, and has announced its ambition to achieve net-zero GHG emissions by 2050. In FY23, Paychex strategically reduced printing 43 million sheets of paper and recycled 74.8 metric tons of electronic waste in the company’s U.S. operations.

To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at worldsmostethicalcompanies.com/honorees. For more information on corporate social responsibility at Paychex, visit paychex.com/corporate/corporate-responsibility.

Methodology & Scoring

The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.