5 Table of Contents Introduction & Our Approach Operating Responsibly Investing in Our People Diversity, Equity & Inclusion Environmental Sustainability Social Impact Data & Frameworks LETTER FROM OUR CEO HIGHLIGHTS FROM THE YEAR AWARDS & RECOGNITION OUR BUSINESSES STRATEGY & DISCLOSURE PRIORITIES OVERSIGHT & ACCOUNTABILITY STAKEHOLDER ENGAGEMENT & PARTICIPATION LETTER FROM OUR CEO For more than 100 years, Disney has been dedicated to futures. For example, our Disney Aspire program, which habitats, and natural resources. The park has inspired operating with clarity of purpose and a deep sense of fully covers tuition costs for eligible hourly full-time countless guests to connect more deeply to the natural integrity. That spirit helps inform the stories we tell, the and part-time employees looking to pursue higher world. To commemorate the anniversary, the Disney experiences we provide, and the memories we create for education, celebrated its 昀椀fth anniversary. More than Conservation Fund announced 25 grants to conservation fans and families around the world. And it forms the 15,000 Disney employees were enrolled as of the end organizations around the globe. basis of the positive impact we strive to have in the of 昀椀scal 2023, and the program continues to evolve to In 2023, we commemorated our decades-long communities in which we operate. meet the dynamic needs of our employee base and the ® ever-evolving job landscape. We’re also proud of the collaboration with Make-A-Wish, granting our At Disney, we are united in our efforts to operate many forms of recognition we received this year for 150,000th wish on World Wish Day. We also made responsibly; invest in the development and well-being investing in our people, such as recognition by the strides in our efforts to expand our children’s hospitals of our people; create unforgettable stories, characters, Dave Thomas Foundation for Adoption for being one work internationally. Our children’s hospitals program experiences, and products that capture the imagination of the Best Adoption-Friendly Workplaces. has brought immeasurable comfort to children and of our global audiences; care for the planet and its families, and new patient experiences introduced resources; bring joy and inspire hope in communities Disney is committed to celebrating a fair, inclusive, this year in Korea, Japan, and beyond will expand our around the world; and volunteer our time and energy and respectful world. To that end, in 2023 we continued ability to deliver joy when it is needed most. And our to the causes we care about. This requires a balance to expand accessibility in our offerings, for example Disney VoluntEARS program celebrated its 40th ® between quickly responding to new challenges while through reimagining Mickey’s Toontown at Disneyland anniversary. Over the past four decades, VoluntEARS also working toward long-term progress on issues that Resort in Anaheim, California with accessibility in mind. have collectively contributed more than 13 million hours are important to our businesses. As we look back on our We celebrated hiring more than 13,000 veterans since of service to their communities around the world. company’s 100th year, we’re proud of what we’ve our Heroes Work Here initiative was launched in 2012. This report highlights many of these efforts and more accomplished, and are committed to continuing the We also granted $1 million to nonpro昀椀ts working to in greater detail. We recognize that progress requires work that supports our standing as one of the most encourage underrepresented youth to pursue creative patience and adaptability, and this work is both admired companies in the world. and technological careers in celebration of the theatrical challenging and meaningful. We remain grateful for This work begins with how we do business. We strive to release of Marvel Studios’ Black Panther: Wakanda Forever. the strong support of our employees, shareholders, operate with integrity and support global organizations We received veri昀椀cation of our greenhouse gas emissions guests, and customers, and we look forward to building that have that same priority. In 2023, our Supply reduction goals from the Science Based Targets Initiative on our progress in the years to come. Chain Investment Program provided grant funding to (SBTi) in calendar year 2023. We are working to reduce Sincerely, Robert A. Iger organizations such as Open Supply Hub and Working emissions from direct operations by designing our built Chief Executive Of昀椀cer, Capital Fund in an effort to improve global working environment to reduce or avoid emissions; promoting The Walt Disney Company conditions and safeguard human rights. We also energy ef昀椀ciency in our buildings and fuel ef昀椀ciency for supported 20 global organizations working to educate ships and 昀氀eet vehicles; replacing carbon intensive fuel children, families, and teachers on digital literacy and sources with lower carbon alternatives; electrifying resilience through our Digital Wellness Grant Program. buildings and transportation; and expanding our use of As our company strategically reorganized this year, we renewable electricity. We also celebrated the 25th worked to provide resources to help ease that transition, anniversary of Disney’s Animal Kingdom, a park while continuing to invest in our employees and their emblematic of our commitment to protecting wildlife,