| THE ORGANIZATION AND ITS REPORTING PRACTICES |
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2-1
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Organizational details |
Dover Corporation |
| 2023 Annual Report Form 10-K (ITEM 1. Business) |
| 3005 Highland Parkway Downers Grove, Illinois 60515 |
| 2023 Annual Report Form 10-K (ITEM 2. Properties) |
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2-2
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Entities included in the organization's sustainability reporting |
2023 Annual Report Form 10-K (ITEM 15. Exhibits and Financial Statement Schedules - Exhibit 21) |
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2-3
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Reporting period, frequency and contact point |
Calendar year 2023 for financial and sustainability reporting |
| Annual |
Adrian Sakowicz Vice President of Communications asakowicz@dovercorp.com |
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2-4
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Restatements of information |
No restatements |
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2-5
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External assurance |
Third-party Verification of Greenhouse Gas Emissions |
| ACTIVITIES AND WORKERS |
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2-6
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Activities, value chain and other business relationships |
Company Overview (2023)
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About Us
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| 2023 Annual Report Form 10-K (ITEM 1. Business) |
| 2023 Annual Report Form 10-K (ITEM 1. Business - Raw Materials) |
| Human Rights in the Supply Chain |
| Environmentally Responsible Sourcing |
| 2023 Annual Report Form 10-K (ITEM 1. Business - Business Segments) |
|
2-7
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Employees |
2023 Annual Report Form 10-K (ITEM 1. Business)
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| Diversity and Inclusion |
| GOVERNANCE |
|
2-9
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Governance structure and composition |
Corporate Governance Guidelines
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Our Governance
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Governance and Accountability
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2024 Proxy Statement (Board Composition)
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2-10
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Nomination and selection of the highest governance body |
2024 Proxy Statement (Direction Nomination Process)
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| 2-11 |
Chair of the highest governance body |
Richard J. Tobin is both Dover's CEO and Chair of the Board. |
| 2-12 |
Role of the highest governance body in overseeing the management of impacts |
2024 CDP Response (C4. Governance) |
| 2-13 |
Delegation of responsibility for managing impacts |
2024 CDP Response (C4. Governance) |
| 2-14 |
Role of the highest governance body in sustainability reporting |
2024 CDP Response (C4. Governance) |
| 2-15 |
Conflicts of interest |
Corporate Governance Guidelines
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Code of Conduct
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| 2-16 |
Communication of critical concerns |
2024 Proxy Statement (Communication with Directors)
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| 2-17 |
Collective knowledge of the highest governance body |
2024 Proxy Statement (2024 Director Nominees)
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| Board of Directors |
| 2-18 |
Evaluation of the performance of the highest governance body |
2024 Proxy Statement (Compensation Discussion and Analysis)
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| 2-19 |
Remuneration policies |
2024 Proxy Statement (Compensation Discussion and Analysis)
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| 2-20 |
Process to determine remuneration |
2024 Proxy Statement (Compensation Discussion and Analysis)
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| 2-21 |
Annual total compensation ratio |
2024 Proxy Statement (Compensation Discussion and Analysis)
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| STRATEGY, POLICIES AND PRACTICES |
| 2-22 |
Statement on sustainable development and strategy |
2023 Annual Report (A Message from the President and Chief Executive Officer) |
| Sustainability: Message from the CEO |
| Sustainability Overview |
| 2-23 |
Policy commitments |
Policies and Disclosures |
| 2-24 |
Embedding policy commitments |
Policies and Disclosures |
| Environmental Compliance |
| Ethics and Compliance |
| 2-25 |
Processes to remediate negative impacts |
Communications and Complaints - Policy & Procedures |
| Dover Ethics Hotline |
| 2-26 |
Mechanisms for seeking advice and raising concerns |
Communications and Complaints - Policy & Procedures |
| Dover Ethics Hotline |
| 2-27 |
Compliance with laws and regulations |
Environmental Compliance |
| 2023 Annual Report Form 10-K (ITEM 1. Business - Other Matters) |
| 2-28 |
Membership associations |
Dover is a member of the National Association of Manufacturers. |
| STAKEHOLDER ENGAGEMENT |
| 2-29 |
Approach to stakeholder engagement |
Materiality Analysis |
| 2-30 |
Collective bargaining agreements |
2023 Annual Report Form 10-K (ITEM 1A. Risk Factors) |
| MATERIAL TOPICS |
| 3-1 |
Process to determine material topics |
Materiality Analysis |
| 3-2 |
List of material topics |
Sustainability Overview |
| 3-3 |
Management of material topics |
Sustainability Overview |
| Climate change risks and opportunities |
| 3-3 |
Management of material topic |
Climate Change Risks and Opportunities |
| 2024 CDP Response (C3. Disclosure of Risks and Opportunities) |
| 201-2 |
Financial implications and other risks and opportunities due to climate change |
2024 CDP Response (C3. Disclosure of Risks and Opportunities) |
| Climate Change Risks and Opportunities |
| Community engagement and philanthropy |
| 3-3 |
Management of material topic |
Community Engagement and Philanthropy |
| 201-1 |
Economic value generated and distributed (Community investments) |
Community Engagement and Philanthropy |
| Data security and privacy |
| 3-3 |
Management of material topic |
Data Security and Privacy |
| SASB RT-AE-230a.2 |
Description of approach to identifying and addressing data security risks in (1) company operations and (2) products |
Data Security and Privacy |
| Diversity and inclusion |
| 3-3 |
Management of material topic |
Diversity and Inclusion |
| 405-1 |
Diversity of governance bodies and employees |
Diversity and Inclusion |
| Employee health and safety |
| 3-3 |
Management of material topic |
Employee Health and Safety |
| 403-1 |
Occupational health and safety management system |
Employee Health and Safety |
| 403-2 |
Hazard identification, risk assessment, and incident investigation |
Employee Health and Safety |
| 403-4 |
Worker participation, consultation, and communication on occupational health and safety |
Employee Health and Safety |
| 403-5 |
Worker training on occupational health and safety |
Employee Health and Safety |
| 403-6 |
Promotion of worker health |
Employee Health and Safety |
| 403-8 |
Workers covered by an occupational health and safety management system |
Employee Health and Safety |
| 403-9 |
Work-related injuries |
Employee Health and Safety |
| ISO |
Percentage of sites certified to the ISO 45001 / OHSAS 18001 standard |
Employee Health and Safety |
| Energy and emissions |
| 3-3 |
Management of material topic |
Energy and Emissions |
| 2024 CDP Response (C7. Environmental Performance - Climate Change) |
| 302-1 |
Energy consumption within the organization |
2024 CDP Response (C7. Environmental Performance - Climate Change) |
| 302-3 |
Energy intensity |
2024 CDP Response (C7. Environmental Performance - Climate Change) |
| 302-4 |
Reduction of energy consumption |
2024 CDP Response (C7. Environmental Performance - Climate Change) |
| 305-1 |
Direct (Scope 1) GHG emissions |
Energy and Emissions
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| 305-2 |
Energy indirect (Scope 2) GHG emissions |
Energy and Emissions |
| 305-3 |
Other indirect (Scope 3) GHG emissions |
Energy and Emissions |
| 305-4 |
GHG emissions intensity |
2024 CDP Response (C7. Environmental Performance - Climate Change) |
| 305-5 |
Reduction of GHG emissions |
Energy and Emissions |
| Environmentally responsible sourcing |
| 3-3 |
Management of material topic |
Environmentally Responsible Sourcing |
| 308-1 |
New suppliers that were screened using environmental criteria |
Environmentally Responsible Sourcing
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| 2024 CDP Response (C5. Business Strategy) |
| Ethics and compliance |
| 3-3 |
Management of material topic |
Ethics and Compliance |
| 205-1 |
Operations assessed for risks related to corruption |
Ethics and Compliance |
| 205-2 |
Communication and training about anti-corruption policies and procedures |
Ethics and Compliance
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| Code of Conduct |
| Human rights in the supply chain |
| 3-3 |
Management of material topic |
Human Rights in the Supply Chain |
| 414-1 |
New suppliers that were screened using social criteria |
Human Rights in the Supply Chain |
| Dodd-Frank Wall Street Reform Section 1502 |
Conflict minerals disclosure |
Human Rights in the Supply Chain |
| Conflict Mineral Policy |
| Conflict Minerals Report |
| Innovation for sustainable products |
| 3-3 |
Management of material topic |
Innovation for Sustainable Products |
| 305-3 |
Other indirect (Scope 3) GHG emissions: Category 11, Use of sold products |
Energy and Emissions |
| SASB RT-IG-410a |
Product Design & Lifecycle Management: Fuel economy & emissions in use-phase |
Innovation for Sustainable Products |
| US GAAP ASC 730 |
R&D spend ratio |
Innovation for Sustainable Products |
| Product quality and safety |
| 3-3 |
Management of material topic |
Product Quality and Safety |
| 416-1 |
Assessment of the health and safety impacts of product and service categories |
Product Quality and Safety |
| ISO |
Percentage of sites certified to the ISO 9001 Quality Management standard |
Product Quality and Safety |
| Talent attraction and development |
| 3-3 |
Management of material topic |
Talent Attraction and Development |
| 404-2 |
Programs for upgrading employee skills and transition assistance programs |
Talent Attraction and Development |
| Water |
| 3-3 |
Management of material topic |
Water |
| 2024 CDP Response (C9. Environmental Performance - Water Security) |
| 303-1 |
Interactions with water as a shared resource |
Water |
| 303-3 |
Water withdrawal |
2024 CDP Response (C9. Environmental Performance - Water Security) |
| 303-4 |
Water discharge |
2024 CDP Response (C9. Environmental Performance - Water Security) |
| 303-5 |
Water consumption |
2024 CDP Response (C9. Environmental Performance - Water Security) |
| Waste |
| 3-3 |
Management of material topic |
Waste |
| 306-2 |
Management of significant waste-related impacts |
Waste |
| Fair remuneration practices |
| 3-3 |
Management of material topic |
Fair Remunerations Practices |
| Labor relations |
| 3-3 |
Management of material topic |
Labor Relations |
| Environmental compliance |
| 3-3 |
Management of material topic |
Environmental Compliance |
| 2-27 |
Compliance with laws and regulations |
2023 Annual Report Form 10-K (ITEM 1. Business - Other Matters) |
| ISO |
Percentage of sites certified to the ISO 14001 Environmental Management standard |
Environmental Compliance |
| Political disclosure |
| 3-3 |
Management of material topic |
Political Disclosure |
| 415-1 |
Political contributions |
Political Disclosure |