ESG MATERIALITY ASSESSMENT SUMMARY SOCIAL IMPACT 2022 As part of our ESG materiality assessment, we ESG Materiality Assessment Summary The 昀椀ndings of our assessment con昀椀rmed that As a leading provider of business information prioritize the ESG topics and issues that are most conducted a company-wide human rights impact Thomson Reuters has a strong, ethics-based, services, Thomson Reuters is a global, diverse assessment (HRIA) of our global operations, risk management approach and a clear culture of signi昀椀cant to our organization and could affect our products, and services. In doing so, we sought to responsibility, integrity, and focus on implementing company that is led by our values and guided by business and stakeholders. proactively manage actual and potential human effective risk mitigation measures. Further, our principles. As a major employer, a leading news For our ESG materiality assessment, we partnered rights impacts in order to mitigate risks to both Thomson Reuters has an extensive and robust organization, and a trusted provider of information to with one of the “Big Four” accounting/consultancy Thomson Reuters and to rightsholders. management framework that includes: both the private and public sectors, Thomson Reuters 昀椀rms and used “double materiality” as our lens — plays an important role in society — one that often not just how ESG topics affect our business, but We partnered with a specialized strategy • Code of Business Conduct & Ethics, which advances the protection of human rights. At the same how our business could positively or negatively consultancy with expertise in human rights and includes provisions on equal opportunities and time, we recognize that we face a number of adverse impact people, economies, and the environment. responsible innovation, to carry out the human ensuring a respectful workplace ESG risks in global markets. Given this recognition The process helped to identify our prioritized rights impact assessment. We also engaged • Supply Chain Ethical Code to manage supply and our continuous efforts to be better corporate material topics which serve to inform our strategy, outside legal counsel to assist us with part of our chain risks citizens, we conducted a comprehensive global ESG planning, risk management, and reporting. They human rights impact assessment work. • Enterprise Risk Management Framework, to materiality assessment, which helped us identify and are (in no particular order): As part of this effort, Thomson Reuters committed identify, assess, and manage risks across all to align with the United Nations Guiding Principles domains on Business and Human Rights (UNGPs), which • Privacy Program guided by a privacy management Salient Issues Description augments our longstanding commitment to the UN framework and the Thomson Reuters Privacy Global Compact, the UN Declaration on Human Statement Technology and Work to ensure that policies and procedures are in place to promote ethical and Rights, and other international standards. Information Integrity responsible use of technologies (e.g., arti昀椀cial intelligence, machine learning, etc.) • Information Security policies and a cyber Once the company’s universe of salient human and ensure high-quality standards, con昀椀dentiality, accessibility, and integrity of the compliance program information collected and published through the pluralism of sources, ideas, and rights risks and opportunities was determined participants. • Embedded Ethics and Governance in Thomson (as de昀椀ned by the International Bill of Human Rights), our consultancy assessed the degree to Reuters data and Al lifecycles through people, Business Ethics Operate with integrity while developing, documenting, and implementing policies which actual and potential impacts were being processes, and technologies and Transparency and procedures that prohibit bribery, fraud, and other forms of corruption by managed by the company’s existing policies and • Customer credentialing and compliance oversight employees, contractors, and suppliers. Promote transparency through relevant processes. This included a review of relevant for our public records business (CLEAR) and disclosure and reporting of the organization’s 昀椀nancials, policies, and strategies. internal processes, as well as interviews with training for teams interfacing with the customers Human Rights, Justice, Work to manage human rights risks by maintaining practices that support human policy owners and program managers across our and data rights, monitoring and assessing our supply chain, and completing due diligence and Diversity, Equity enterprise. The 昀椀ndings were then mapped against • Training and support for journalists operating in and Inclusion on our practices with respect to the communities in which we operate or intend to the expectations of the UNGPs, which inform our high-risk locations, including via the Handbook of operate. Work to facilitate an internal culture of inclusivity and provide external human rights strategy and roadmap. Journalism tools that promote justice, diversity, equity, and inclusion. Climate Transition Work to forecast, mitigate, and adapt to the risks and opportunities arising from our transition to net-zero emissions by 2050 and achieving Science Based Targets. 33