17 Table of Contents Introduction & Our Approach Operating Responsibly Investing in Our People Diversity, Equity & Inclusion Environmental Sustainability Social Impact Data & Frameworks CORPORATE GOVERNANCE ETHICS RISK HUMAN RIGHTS SUPPLY CHAIN PRODUCT SAFETY GUEST SAFETY INFORMATION SECURITY PRIVACY DIGITAL WELLNESS RESPONSIBLE ADVERTISING JOURNALISTIC INTEGRITY ARTIFICIAL INTELLIGENCE TAX STRATEGY PRODUCT SAFETY Management of Chemicals in Consumer Products Learn more in our Data & Frameworks We also have policies to manage the use of chemicals in products. In 2023, Disney developed and disclosed a The safety of products bearing Disney brands, characters, Priority Chemicals List (PCL) that identi昀椀es substances and other intellectual property is of the utmost we are working to reduce in our branded products. importance to us. Disney-branded consumer products, For Disney-branded products developed and sourced spanning numerous categories, from toys and apparel by Disney entities, we have established thresholds to books and 昀椀ne art, are produced by thousands of and timelines to reduce the use of these chemicals. third-party licensees and vendors around the world. For our licensed products, we encourage our licensees Our product safety program accounts for this breadth, to similarly work to reduce these chemicals. To address as well as the rapid changes in scienti昀椀c knowledge, compliance with our PCL policies, Disney uses a evolving regulations, and customer and community risk-based approach that includes random audit testing feedback. Our Supply Chain Code of Conduct speci昀椀es on select products and the submission of relevant our expectation that all suppliers deliver products and documentation by vendors. services that comply with our safety and quality standards. Disney’s PCL was developed by considering several Our Product Integrity function oversees Disney’s safety resources, including, but not limited to, the EU policies, procedures, and operating requirements for REACH Substances of Very High Concern (SVHC), physical products containing Disney intellectual property the Canadian Environmental Protection Act list of across the enterprise and is led by our Global Product & toxic substances, and chemicals of concern lists in the Labor Standards function. Disney requires that licensees states of Washington, Vermont, and Oregon. We will and vendors contractually commit to follow procedures conduct a regular review process to identify additional for verifying that Disney-branded products comply with substances for reduction. Additionally, we encourage applicable safety regulatory requirements and any vendors to use recognized resources to identify additional requirements that may be speci昀椀ed by Disney. safer alternatives to chemicals listed on the PCL. Disney, in conjunction with renowned independent testing As part of our chemical tracking efforts, in 2023 we laboratories, developed product guidelines that specify participated in the Chemical Footprint Project’s survey applicable product safety standards for numerous product to establish an internal chemicals baseline. We intend to categories and geographic regions. These guidelines cover use this survey process, or another industry standard a broad range of physical, mechanical, toxicological, tool, to measure progress toward the reduction of PCL microbiological, 昀氀ammability, electrical, and chemical safety chemicals in Disney-branded products developed and requirements. They are available online for use by product sourced by Disney. designers, licensees, and vendors. We require compliance with product guidelines that include testing performed by accredited third-party laboratories for Disney-branded products developed and sourced by Disney entities.