Fidelity National Financial Releases 2023 Sustainability Report
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.3%
EPS Growth %: +16.4%
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Highlights from the 2023 Report:
Protecting Our Insureds and the Integrity of the Nation's Public Records
- As the nation's largest title insurance company, FNF protects the rights of insured residential and commercial property owners against unexpected legal and financial claims that may arise after closing
- FNF continues to invest in programs and technology to protect homebuyers from fraud, including the Company's WireSafe and Start inHere® programs
- FNF continues to make strategic investments in information security, including cybersecurity, to protect our clients and our information systems
- FNF plays a critical role in the preservation of an accurate and reliable system of public records, which is vital for a well functioning real estate market
Environment
- In 2023, FNF's Scope 1 and 2 GHG emissions decreased by 24% at the Company's
Jacksonville headquarters as compared to the 2019 baseline year, reflecting the Company's energy reduction initiatives - Waste management initiatives at the Company's
Jacksonville headquarters aided a 63% decline in total corporate waste in 2023 as compared to the 2019 baseline year - Conservation initiatives helped reduce water consumption at our Jacksonville Headquarters by 27% in 2023 as compared to the 2019 baseline year
Social
- 42% of FNF's leadership team and 70% of the Company's
U.S. workforce are female - FNF supported over 900 community organizations in 2023, including United Way and the ALTA Good Deeds Foundation
- FNF has awarded more than
$13 million through almost 3,000 scholarships to highly qualified dependents of the Company's employees since inception of the scholarship program in 2007, including 327 scholarships for the 2023-2024 scholarship year
Governance
- ESG oversight is managed at the board level through the audit committee of our board of directors
- Two of FNF's board members are
U.S. military veterans, two identify as racially or ethnically diverse, and two board members are female - 82% of FNF's Board of Directors are independent from management
The full report is available on FNF's website: Access to the Sustainability Webpage and 2023 Sustainability Report.
About Fidelity National Financial, Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority owned subsidiary F&G Annuities & Life, Inc. (NYSE: FG). FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of
FNF-G
View original content:https://www.prnewswire.com/news-releases/fidelity-national-financial-releases-2023-sustainability-report-302190427.html
SOURCE Fidelity National Financial, Inc.
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