2024 ESG Report
Our 2024 annual Environmental, Social and Governance (ESG) Report shines a light on the efforts TriNet has made toward becoming the most trusted advisor to small and medium-size businesses (SMBs). Our report this year focuses on trust as the foundation of our relationships with our stakeholders, while being transparent about our choices and caring for the people we serve.
.jpg?format=webp&quality=75&disable=upscale&width=358)
TriNet received high rankings for its participation in Human Rights Campaign’s Corporate Equality Index (CEI).
TriNet earned the top spot Newsweek’s Excellence 1000 Index recognizing businesses demonstrating best practices in financial responsibility, customer and employee satisfaction, environmental commitments and social responsibility.
Our ESG corporate rating was awarded by ISS ESG, the responsible investment arm of Institutional Shareholder Services, Inc.
Environmental
With our expanding global presence, TriNet has augmented certain business practices with sustainability in mind—to preserve our environment now and for the future.
At TriNet, sustainability means many things, including:
- Empowering colleagues to take a leadership role in teaching the organization on how to lead a greener lifestyle
- Leaving communities better than we found them at office closures
- Reviewing our travel patterns for opportunities to reduce carbon emissions
Whether it’s encouraging paperless options or partnering to keep furniture out of landfills, TriNet acknowledges that small actions can have big impacts on our carbon footprint."
Annmarie Liermann
Senior Counsel, Employment
ESG Report Environmental Track Leader
Social
TriNet’s dedication to helping SMBs navigate complex HR challenges while fostering a positive impact on society is reflected in our engagement with colleagues, communities and stakeholders. We recognize that a diverse and inclusive workplace not only drives innovation but also enhances employee satisfaction and creates a meaningful and lasting impact on our communities. We also recognize that supporting the communities we serve, whether through financial contributions, volunteering efforts, or developing and sharing thought-leadership initiatives, is how we maintain our position as trusted advisors to the SMB communities.
I believe by embracing ESG principles, companies can foster resilience, drive sustainable growth and be impactful."
Jennifer Owens
Senior Counsel, Employment
ESG Report Social Track Leader
Governance
Governance includes how TriNet interacts with stakeholders, including our customers, vendors, regulators, community and shareholders. It shapes how we function, make decisions and allocate risk and obligations. TriNet seeks to meet our corporate responsibilities by establishing, maintaining and enhancing, when applicable, appropriate and reliable governance policies and practices. Our policies and practices, which focus on transparency, fairness and compliance, help us to act consistently with our core values.
- Our board of directors and leadership: Our board and our leadership team are comprised of highly qualified individuals with diverse experiences, skill sets, backgrounds, and life experiences that reflect and support the varied and distinct needs of our customers. For more information on our directors, please refer to our Proxy Statement for the 2024 Annual Meeting of Stockholders and our website.
- Corporate compliance policies and standards: TriNet strives to support an effective compliance program that includes numerous policies, compliance-focused content, leadership development programs, communications from the Corporate Compliance Office, and training to lay down the foundation for all stakeholders. To review some of our policies, please refer to our ESG Resources.
- Risk management: TriNet continues to build upon its established risk management strategies. Our risk programs are intended to foster a culture of risk awareness and to and to identify new and emerging risks and interdependencies between risks and mitigation techniques. We also have a keen focus on managing risk around the data we possess. For more information on risks that we believe are significant to our business, see Item 1A. Risk Factors in TriNet’s Annual 10-K.
- Privacy and security: TriNet proactively seeks to meet the needs of the SMBs we serve and is constantly looking to expand and evolve our services and product offerings. TriNet has established working groups to build our next generation of products and services that include representation from our Privacy and Security teams to enable privacy/security considerations to be integrated into our future offerings.
Good governance takes all of us, including the board, executives and colleagues to participate, engage and create an environment that keeps governance in mind."
Melissa Shimizu
Senior Counsel Benefits Compliance and Compensation
ESG Report Governance Track Leader
These reports capture incredible moments, share exciting developments and data, and identify opportunities for improvement. TriNet’s ESG program also fosters an environment where colleagues can grow both personally and professionally. 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."
The team who built our 2024 report
Dozens of colleagues contributed time, talent and information to our 2024 ESG Report. These are the people responsible for putting it all together. We are incredibly grateful to all contributors. Thank you!
