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SASB Factors

The Sustainability Accounting Standards Board (SASB) has created a framework to help businesses and investors develop a common language about the financial impacts of sustainability.  Please note that the Allegion ESG Materiality Matrix Categories closely align to SASB factors.  

 

DimensionMateriality Matrix CategoryDiscussionUN Sustainable Development Goals

Environment

GHG Emissions

Goals and progress related to carbon neutral emissions, carbon-free electricity

CDP Climate Change Score, 2022, 2021, 2020, 2019

CDP Climate Change / Water Excerpt 2019

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, pages 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14, 19-20, 22-23

Proxy, ESG highlights, 2023, pages 34-35

UN Sustainable Development Goal 13

Air Quality

Goals and progress related to carbon neutral emissions, carbon-free electricity

CDP Climate Change Score, 2022, 2021, 2020, 2019

CDP Climate Change / Water Excerpt 2019

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, pages 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14 19-20, 22-23

Proxy, ESG highlights, 2023, pages 34-35

UN Sustainable Development Goal 13
Energy Management

Environmental, health & safety policy

Goals and progress related to carbon neutral emissions, carbon-free electricity

Goals and progress on ISO 14001:2015 certifications (environmental management system)

CDP Climate Change Score, 2022, 2021, 2020, 2019

CDP Climate Change / Water Excerpt 2019

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, pages 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14, 19-20, 22-23

Proxy, ESG highlights and governance, executive compensation, 2023, pages iv-v, vii, 22-23, 32, 34-35, 50, 54

UN Sustainable Development Goal 13

Water & Wastewater Management

Environmental, health & safety policy

Goals and progress on water usage

Goals and progress on ISO 14001:2015 certifications (environmental management system)

CDP Water Security Score, 2022, 2021, 2020, 2019

CDP Climate Change / Water Excerpt 2019

SEAL 2022 Business Sustainability Award, water reduction project in Mexico’s Baja California region

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, page 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14, 19-20, 22-23

Proxy, ESG highlights and governance, executive compensation, 2023, pages iv-v, vii, 22-23, 32, 34-35, 50, 54

UN Sustainable Development Goal 6
Waste & Hazardous Materials Management

Environmental, health & safety policy

Goals and progress on waste to landfill and hazardous materials

Goals and progress on ISO 14001:2015 certifications (environmental management system)

Discussion on materials traceability, material declaration and compliance related to restricted hazardous chemical use, reporting of substance of very high concerns (SVHCs) and product safety labeling and notification

Discussion on sustainable building materials with links to product declarations in our business segments

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, pages 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14, 19-20, 22-23

Proxy, ESG highlights and governance, executive compensation, 2023, pages iv-v, vii, 22-23, 32, 34-35, 50, 54

UN Sustainable Development Goal 12

Social Capital

Human Rights & Community Relations

Global human rights policy

Anti-slavery and human trafficking statement

Corporate social responsibility

Giving back pillars

Goals and progress on supplier management and reducing the risk profile of suppliers related to human rights, modern-day slavery and anti-human trafficking

Proxy, ESG highlights and corporate citizenship, 2023, pages vii, 34-36

Form 10-K, human rights and civic involvement discussions, 2022, page 13

2020 Form 10-K, civic involvement discussion, page 13

Irish Statutory Accounts, human rights and community involvement discussions, 2022, pages 37-38

UN Sustainable Development Goal 16

Customer Privacy

Privacy statement

Cookies policy

Processes to address cybersecurity and privacy, and to test, manage security updates and potential vulnerabilities

GDPR terms and conditions for Allegion data processing and transfer

List of data controllers (GDPR)

Goals and progress on maintaining compliance related to global privacy and cybersecurity laws and regulations

Goals and progress on supplier management and reducing the risk profile of suppliers related to cybersecurity and privacy

Integration of privacy-by-design into product development and R&D processes, privacy engineering techniques

Proxy, cybersecurity and privacy governance, 2023, pages iv, 22-23

UN Sustainable Development Goal 16

Data Security

General data protection regulation

Processes to address cybersecurity and privacy, and to test, manage security updates and potential vulnerabilities

Goals and progress on maintaining compliance related to global privacy and cybersecurity laws and regulations

Goals and progress on supplier management and reducing the risk profile of suppliers related to cybersecurity and privacy

Terms and conditions for Allegion data processing and transfer

List of data controllers (GDPR)

Vulnerability reporting program 

Proxy, cybersecurity and privacy governance, 2023, pages iv, 22-23

UN Sustainable Development Goal 16
Product Quality & Safety

Global quality policy

Goals and progress on our product safety management system and product safety disclosures

Discussion on materials traceability, material declaration and compliance related to restricted hazardous chemical use, reporting of substance of very high concerns (SVHCs) and product safety labeling and notification

Links to sustainable building materials with links to product declarations in our business segments

Allegion Global Supplier Portal

Supplier requirements & policies

Form 10-K, learning and development discussion, 2022, page 12

Processes to address cybersecurity and privacy, and to test, manage security updates and potential vulnerabilities

Vulnerability reporting program

UN Sustainable Development Goal 9

Human Capital

Labor Practices

Anti-slavery and human trafficking statement

Global human rights policy

Goals and progress on supplier management and reducing the risk profile of suppliers related to human rights, modern-day slavery and anti-human trafficking

Goals and progress on code of conduct, harassment and discrimination awareness training, and data on utilization of the ethics helpline

Proxy, ESG highlights and governance, executive compensation philosophy and program objectives, ESG scorecard, CEO pay ratio, 2023, pages v, vii-viii, 22-23, 31-32, 34-36, 42-43, 54, 71

Form 10-K, human capital, labor unions, collective bargaining and discussion on defined benefit plans, 2022, pages 11-13, F-10, F-11

Irish Statutory Accounts, social and employee matters discussion, 2022, pages 36, 58

Equal employment opportunity policy

Ethics and compliance program

Allegion Ethics Helpline for confidential reporting of concerns or violations (offered to employees, suppliers, customer and the general public, 200 languages supported)

Anti-retaliation for ethics and misconduct reports, whistleblower reports

UN Sustainable Development Goal 1UN Sustainable Development Goal 5UN Sustainable Development Goal 8UN Sustainable Development Goal 10

Employee Health & Safety

Environmental, health & safety policy

Discussion on world-class safety management

Goals and progress on TRIR, LTIR and industry comparisons

Goals and progress on safety management certifications

Proxy, ESG highlights, employee health and safety discussions, 2023, pages 34-36, 50

Form 10-K, employee health and safety discussion, Campbell award for system of management, 2022, pages 13-14

Irish Statutory Accounts, safety management system certifications, 2022, page 36

UN Sustainable Development Goal 3

Employee Engagement & Diversity, Equity & Inclusion (DEI)

Engagement, equity, inclusion & diversity commitment and action priorities

Goals and progress on employee engagement

Goals and progress on employee gender diversity, racial and ethnic diversity

Most recent EEO-1 summary table, U.S.

Proxy, employee engagement, diversity, equity and inclusion (DEI) discussion, 2023, page 25-26, 31, 34, 39, 50-51

Form 10-K, engagement, inclusion and diversity and learning and development discussions, 2022, pages 12-14

Irish Statutory Accounts, engagement, inclusion and diversity and learning and development discussions, 2022, page 37

UN Sustainable Development Goal 5UN Sustainable Development Goal 10

Business Model & Innovation

Product Design & Lifecycle Management

Global quality policy

Process and considerations for supplier design change requests

Process for supplier deviation requests

U.S. Green Build Council (USGBC) LEED, and related environmental product declarations (EPD) and health product declarations (HPDs)

International Living Futures Institute (ILFI) Living Building Challenge and related declare labels

Allegion products in the mindful MATERIALS library

Underwriters Laboratory Environment (ULE) and Allegion products in the SPOT database

Allegion U.K. and related environmental product declarations (EPD) for the Briton brand

AXA Home Security and Bike Security environmental product declarations (EPD) are found on their respective product pages, accessed here

Discussion on materials traceability, material declaration and compliance related to restricted hazardous chemical use, reporting of substance of very high concerns (SVHCs) and product safety labeling and notification.

Integration of privacy-by-design into product development and R&D processes, privacy engineering techniques

UN Sustainable Development Goal 9UN Sustainable Development Goal 11UN Sustainable Development Goal 12

Supply Chain Management

Allegion Global Supplier Portal

Supplier requirements & policies

Global quality policy

Supplier diversity policy

Supplier diversity program charter

Goals and progress on supplier diversity

Engagement, equity, inclusion & diversity commitment and action priorities

Process and considerations for supplier design change requests

Process for supplier deviation requests

Shipping & finish compliance

UN Sustainable Development Goal 5UN Sustainable Development Goal 8UN Sustainable Development Goal 9UN Sustainable Development Goal 10UN Sustainable Development Goal 12
Materials Sourcing & Efficiency

Materials traceability declaration

Conflict minerals policy

UN Sustainable Development Goal 12

Physical Impacts of Climate Change

SEAL 2022 Business Sustainability Award, water reduction project in Mexico’s Baja California region

Irish Statutory Accounts, sustainability policy, strategies and results, environmental management certifications, legal and compliance risks, 2022, page 27, 29-30, 34-36

Form 10-K, regulatory matters and sustainability strategies and risks, 2022, pages 13-14, 19-20, 22-23

Proxy, ESG highlights, 2023, pages 34-35

UN Sustainable Development Goal 13

Leadership & Governance

Business Ethics

Ethics and compliance program

Allegion Ethics Helpline for confidential reporting of concerns or violations by employees, suppliers, customer and the general public

Employee Code of Conduct

11 languages for the Employee Code of Conduct

Business Partner Code of Conduct (BPCC)

11 languages for the Business Partner Code of Conduct

Goals and progress on code of conduct, harassment and discrimination awareness training, and data on utilization of the ethics helpline  

Anti-retaliation protection for ethics and misconduct reports, whistleblower reports

Irish Statutory Accounts, bribery and corruption discussion, 2022, page 38

UN Sustainable Development Goal 16

Competitive Behavior

Employee Code of Conduct

11 languages for the Employee Code of Conduct

Business partner Code of Conduct (BPCC)

11 languages for the Business Partner Code of Conduct

Allegion Ethics Helpline for confidential reporting of concerns or violations by employees, suppliers, customer and the general public

UN Sustainable Development Goal 16UN Sustainable Development Goal 17

Management of the Legal & Regulatory Environment

Proxy, Board oversight of legal and regulatory risk, 2023, page 23-24

Form 10-K, regulatory matters discussion, 2022, page 13-14

Irish Statutory Accounts, regulatory matters discussion, 2022, pages 8-9, 34-35

 

Enterprise Risk Management

Board committees and corporate governance guidelines

Risk oversight and internal controls obligation of the Board’s Audit and Finance Committee

Internal audit function

 

Required disclosure of conflicts of interest and related- person transaction policy

Proxy, Board oversight of our risk management system, including our ESG program, 2023, pages iv, 23-24, 29-30

Form 10-K, liquidity and capital resources, 2022, pages 36-39

ESG materiality matrix

Goals and progress in enterprise risk management, incident response system