3 Table of Contents Introduction & Our Approach Operating Responsibly Investing in Our People Diversity, Equity & Inclusion Environmental Sustainability Social Impact Data & Frameworks Table of Contents 4 Introduction & 12 Operating Responsibly 22 Investing in Our People 29 Diversity, Equity & 40 Environmental 54 Social Impact Our Approach 13 CORPORATE GOVERNANCE 23 OVERVIEW Inclusion Sustainability 55 OVERVIEW 5 LETTER FROM OUR CEO 13 ETHICS 24 SUPPORTING OUR EMPLOYEES 30 OVERVIEW 41 OVERVIEW 56 WISH GRANTING 6 HIGHLIGHTS FROM THE YEAR 14 RISK OVERSIGHT THROUGH CHANGE 31 PEOPLE 42 EMISSIONS 57 SPOTLIGHT: DISNEY AND MAKE-A-WISH 7 AWARDS & RECOGNITION 14 HUMAN RIGHTS 24 EMPLOYEE SAFETY, 33 CULTURE 46 WATER CELEBRATE WORLD WISH DAY 8 OUR BUSINESSES 15 SUPPLY CHAIN HEALTH & WELL-BEING 34 CONTENT 47 WASTE 58 CHILDREN’S HOSPITALS 9 STRATEGY & DISCLOSURE PRIORITIES 17 PRODUCT SAFETY 25 COMPREHENSIVE TOTAL REWARDS 37 SPOTLIGHT: MICKEY’S TOONTOWN 48 MATERIALS 60 DISNEY FUTURE STORYTELLERS 10 OVERSIGHT & ACCOUNTABILITY 18 GUEST SAFETY 26 SPOTLIGHT: INVESTING IN OUR AT DISNEYLAND RESORT 48 SUSTAINABLE DESIGN 61 SUPPORTING COMMUNITIES AROUND 11 STAKEHOLDER ENGAGEMENT & 19 INFORMATION SECURITY EMPLOYEES’ FUTURES REIMAGINED WITH ACCESSIBILITY 50 NATURE THE WORLD PARTICIPATION 19 PRIVACY 27 EMPLOYEE ENGAGEMENT & IN MIND 53 SPOTLIGHT: DISNEY’S ANIMAL 62 VOLUNTEERING 19 DIGITAL WELLNESS & RECOGNITION 38 COMMUNITY KINGDOM CELEBRATES 25 YEARS OF RESPONSIBLE CONTENT 28 TALENT DEVELOPMENT 39 TRANSPARENCY & ACCOUNTABILITY CONSERVATION AND INSPIRATION 20 RESPONSIBLE ADVERTISING & MARKETING 63 Data & Frameworks 21 JOURNALISTIC INTEGRITY 21 ARTIFICIAL INTELLIGENCE 64 OVERVIEW 21 TAX STRATEGY 65 FISCAL 2023 DATA TABLE 73 SASB INDEX 78 TCFD INDEX 79 SDG INDICATORS This report contains links to websites that are not operated by Disney. The website owner’s terms of use and privacy policy will apply. Unless otherwise speci昀椀ed, data and information in this report pertain to efforts in 昀椀scal 2023, which began on October 2, 2022, and ended on September 30, 2023. For the most part, data and information re昀氀ect business operations as of the beginning of the 昀椀scal year. The terms “company,” “we,” “Disney,” and “our” are used to refer collectively to the parent company and the subsidiaries through which business is conducted.