Broadridge Financial Solutions Inc.
BR.US | Data processing, hosting and related activities
Broadridge Financial Solutions, Inc. is a global fintech company that provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers, and corporate issuers. The company's services include securities processing, data analytics, and customer commun...Show More
Better Health for All
0
Broadridge committed $1.5 million to COVID-19 community relief, including medical services, and pledged up to $500,000 to match employee donations
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. The company also donated $3 million to establish an endowed deanship at the Donald and Barbara Zucker School of Medicine, providing scholarships for medical students to graduate debt-free
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. The company's products and services, primarily financial technology and communications, do not have direct safety implications, health risks, or addiction potential. Its operations do not generate significant health externalities or substantially affect mental health outcomes. The company is not involved in pharmaceutical, food, or clinical trial activities.
Fair Money & Economic Opportunity
0
Broadridge Financial Solutions Inc. is a global fintech company that provides technology-driven solutions to financial institutions, not direct consumer financial services. As such, it does not offer consumer lending, deposit, or credit products. Consequently, KPIs such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (related to loan/insurance books), data accessibility (for consumer open-banking APIs), fair lending compliance, wealth building outcomes, debt burden ratio, geographic inclusion (for consumer access points), and product simplicity (for consumer financial products) are not applicable to its direct operations and are assigned a score of 0. The KPI for profit reinvestment is omitted due to the absence of reported pre-tax profit figures needed for calculation. While Broadridge supports financial literacy programs like The Stock Market Game, the rubric's quantitative thresholds for financial literacy initiatives are based on a percentage of direct customers, which cannot be applied to the student beneficiaries of these programs, leading to its omission.
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Fair Pay & Worker Respect
20
Broadridge achieved an 81% favorable rating in a 2023 employee survey.
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The company received Great Place to Work certifications from 2018 to 2024
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, including specific recognition as Best Workplaces for Women in India (2024)
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, Best Workplaces in Ireland (2024)
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, and Best Workplaces in Technology in Ireland (2024)
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. In 2018, Broadridge raised its minimum hourly wage to $15 across all U.S. locations
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and expanded gender-neutral parental leave benefits
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. Broadridge partnered with Syndio in 2023 to enhance its pay equity efforts.
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The company offers comprehensive employee development programs, such as Leading People: Advanced, Individual Contributor Leadership, and a Technology Academy.
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Fair Trade & Ethical Sourcing
0
Broadridge's core operations do not heavily involve material procurement. The company sources approximately 25,000 tons of paper annually from responsibly managed forests, certified by organizations such as FSC, PEFC, and SFI.
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Honest & Fair Business
-10
Broadridge has not incurred any ethics-related regulatory fines in the past three years. The company maintains a Code of Business Conduct and Ethics with mandatory annual training for its employees
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, and a Vendor Code of Conduct that includes anti-bribery policies for its supply chain
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. Broadridge actively works on regulatory compliance, as evidenced by its Tailored Shareholder Reports solution, which received the Nicsa NOVA Innovation in Operations award in December 2024 for aligning with SEC rules
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. In October 2024, it launched new services to help firms comply with regulations like the EU's DORA
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. The company also enhanced its SEC disclosure capabilities through the acquisition of CompSci Resources in July 2024
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and maintains a comprehensive information security program aligned with the NIST Framework
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.
Kind to Animals
0
Broadridge Financial Solutions Inc. is a service-oriented fintech company. Its business model does not involve animal-derived products, animal testing, animal husbandry, or animal agriculture operations.
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Therefore, KPIs related to cruelty-free certification, alternative testing methods, humane certifications, ethical input substitution, cage-free sourcing, animal testing policies and volume, animal agriculture ethics, and animal-free R&D collaboration are not applicable to the company's operations.
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Evidence regarding general environmental activities or political contributions does not provide specific, measurable data points related to animal welfare, habitat preservation, or animal welfare policy advocacy as required by other KPIs.
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No War, No Weapons
0
Broadridge Financial Solutions has no involvement with military contracts or arms production, focusing instead on financial services.
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The company explicitly states it avoids military involvement, indicating a clear corporate stance against engagement in the arms industry.
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This means it derives 0% of its revenue from arms or defense contracts.
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Consequently, it does not develop or sell dual-use products, nor does it have defense assets requiring divestment. The company's ethical red lines codify bans on all categories of conventional arms, and it demonstrates 100% compliance with this ethical position of avoiding military affairs, resulting in zero exposure to any weapons.
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Planet-Friendly Business
-40
Broadridge Financial Solutions has submitted its proposed near-term and net-zero GHG emissions targets to the Science Based Targets initiative (SBTi), which are currently pending validation.
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The company aims to achieve net-zero emissions by 2050
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, with interim goals including a 54.6% reduction in Scope 1 and 2 emissions by 2033
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and a 90% reduction by 2050
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. Broadridge has implemented energy-efficient HVAC units, rooftop solar, and cogeneration systems
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. Its offices are LEED certified
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. Additionally, digitization efforts are estimated to reduce clients' paper-related emissions by 800 metric tons of CO₂e annually
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.
Respect for Cultures & Communities
-20
Broadridge has established three formal partnerships with community and indigenous groups.
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These include a partnership with Indspire to support Indigenous education through the Soaring Future Bursary
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, and partnerships with MV Foundation in India and Sri Vidhyas Centre for community engagement and education.
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Safe & Smart Tech
20
Broadridge requires all associates, consultants, and vendors to complete mandatory annual privacy and information security training, supplemented by quarterly information security management and incident training, regular phishing simulations, and tabletop exercises, with an escalation procedure for non-compliance.
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The company maintains enterprise-wide ISO 27001 certification, CSA STAR Level 2, and HITRUST CSF certifications, and aligns with standards like PCI DSS, HIPAA, and NIST Framework.
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,
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For data minimization, non-record data is destroyed within 45 days of creation.
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Broadridge's compliance program is designed to meet or exceed regulatory requirements, engaging with global regulators and assisting clients with EU MiCA and DORA regulations.
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,
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,
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The company employs a "trust by design" approach to AI, with an Office of AI Oversight and Governance and a Data Use and Governance Committee for rigorous review of AI use cases and data.
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,
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Preventative measures against unauthorized data use include a Data Loss Prevention program, data masking, access controls, and network segmentation.
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,
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In March 2023, a data breach at an associated firm affected 10,509 individuals.
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Zero Waste & Sustainable Products
-10
Broadridge has significantly improved material efficiency by digitizing client communications, eliminating over 80% of clients' fund and issuer paper communications and achieving 86% digital delivery for equity proxy communications as of 2022.
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These efforts also represent the application of circular design principles to several product categories. The company has implemented multiple waste reduction initiatives, including facilitating 2,500 virtual shareholder meetings
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, sourcing all paper products from responsibly managed forests
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, printing on white paper stock
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, and using recyclable packaging in mailings
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.