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Environment Social Governance

FUTURE FORWARD

“As IAC continues to build the next generation of transformative businesses and exceptional leaders, we remain guided by our deep commitment to our employees, our shareholders, our communities, and our drive to be a force for good.”

BARRY DILLER, CHAIRMAN AND SENIOR EXECUTIVE, IAC

At IAC we view social responsibility as integral to what we do.

Our environmental, social and governance (ESG) priorities are woven into our day-to-day decision making to help both our businesses succeed and our communities thrive over the long term. 

Our 2022 ESG Report is aligned with the UN Sustainable Development Goals, describing key initiatives and how we are advancing each. Additionally, we’ve mapped our ESG disclosures to align with the Global Reporting Initiative (GRI) and Sustainable Accounting Standards Board (SASB) voluntary disclosure frameworks.

2022 ESG REPORT
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ESG Highlights

  • Environmental

    Environment

    Climate change is a serious and increasing problem that affects every community on the planet. IAC is working to mitigate our environmental impact.

    Renewable Energy Credits: In 2021 and 2022, we purchased renewable energy credits to offset 100% of carbon related to electrical use at IAC’s headquarters.

    Scope 1 & 2 Emissions: 2021 and 2022 Scope 1 & 2 emissions were independently verified by an accredited third party.

    Board Oversight: Our Audit Committee has oversight of our climate-related risks and internal controls over climate-related metrics and reporting.

    RESOURCES

  • Social

    Social

    Our people - the individuals and teams that keep IAC curious and in motion - are at the core of everything we do. 

    Benefits highlights:
    • Flexible work options
    • Generous paid family leave
    • Subsidized backup childcare

    DE&I highlights at our businesses include: 
    • Diversity, Equity and Inclusion (DEI) councils or dedicated executives
    • Efforts to increase diversity of candidates in the recruitment process
    • Employee Resource Groups (ERG) sponsored and/or led by senior executives

    Ownership mentality: Nearly 100% of US full-time employees at IAC Corporate – independent of position, role, or experience – receive equity, as do many employees across our other businesses.

    Addressing the opportunity gap: When it comes to leadership, IAC has always favored passion over pedigree. Launched in 2019, the IAC Fellows Program is designed to empower high-achieving college students from historically and systemically underrepresented communities.

    Strengthening our communities: In 2022, IAC and its businesses directly made over $1.7 million in charitable contributions and grants. Scholarships delivered through the IAC Charitable Foundation totaled nearly $1 million.

    Resources

  • Governance

    Governance

    We believe good governance begins with accountability, and IAC is structured to drive accountability throughout our organization.

    Data Security & Privacy: Our systems are designed to resist cyberattacks so that we can readily detect and respond to them if they occur. We train employees on safe computing practices and we train our developers to build robust, secure applications that are designed to protect sensitive data and transactions.

    Accountability: In 2022, we adopted a stock ownership policy that provides for minimum IAC ownership targets for non-employee directors and IAC executive officers.

    Board Diversity: Please see our 2023 Proxy Statement for further detail about the diversity of IAC's Board.

    RESOURCES

Additional Resources

DISCLOSURE FRAMEWORKS

REPORT ARCHIVE

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