Tenet: Tenet Healthcare : First Quarter 2024 ESG Report

Environmental, Social & Governance (ESG) 2024 Progress Report CONTENTS CEO Letter 5 About Tenet Healthcare 6 2023 ESG Highlights 6 By the Numbers 7 Tenet ESG Committee 8 A Community Built On Care 9 Our Approach 10 Enhancing High-Quality Care 11 Tenet Diversity Council 18 Employee Resource Groups (ERGs) 19 Education and Development for Healthcare Leaders 21 Compensation And Benefits 23 Strengthening Our Communities 24 Advancing Environmental Initiatives 26 Our Environmental Strategy Pillars 27 Leading with Integrity 28 Data Privacy and Cybersecurity 30 Appendix 32 2 2024 Tenet Health ESG Report 2024 Tenet Health ESG Report 3 4 2024 Tenet Health ESG Report CEO LETTER At Tenet Healthcare, we are proudly committed to our mission of delivering quality, compassionate care. Our caregivers and staff play a vital role in improving the health of our patients and the diverse communities in which we are deeply invested. We recognize the need to be purpose- driven in making a positive impact that complements our operational responsibilities. Our intentional environmental, social, and governance (ESG) initiatives enable us to do this across the communities we serve. Throughout 2023, we continued to progress our ESG programs, reaffirming our commitment to operating responsibly and efficiently. In the subsequent pages, we outline how we continue to advance these priorities. Enhancing High-Quality Care At Tenet, we remain committed to increasing access to specialty and ambulatory care across our national network. We added state-of-the-art technologies and expanded our system of lower- cost outpatient surgical sites within USPI. We also planned for new medical campuses in areas where our services had not yet reached. This enables the diverse communities we serve to better access high-quality care locally. Fostering a Diverse, Inclusive Culture We foster an inclusive workforce that is a direct reflection of the communities we serve daily. Our Diversity Council continues to advise our Diversity and Inclusion (D&I) program and the practices that we implement in the workplace. In 2023 we continued to invest in diverse and small-business spending, enhanced our internal training programs, and continued to support Nursing and Physician training programs. Strengthening Our Communities We are global in scope, but local at heart. Each and every one of our care sites is committed to giving back to their community. We actively support local and national programs that are dedicated to expanding access to educational opportunities for underrepresented groups, fighting hunger, and promoting healthcare awareness. Advancing Environmental Initiatives Tenet continues to collaborate with our suppliers, industry associates, and other healthcare partners to further our environmental strategy. We remain committed to increasing sustainability throughout our supply chain, fully retrofitting our hospitals to LED lighting by 2030, and considering energy efficiency in all project designs. "At Tenet, we remain committed to increasing access to specialty and ambulatory care across our national network." Leading with Integrity Tenet continues to report using the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD) indices. We continue to strengthen data privacy and cybersecurity programs. Additionally, we have maintained sound corporate governance. We recognize our responsibility to provide a lasting, positive impact to society, beyond the doors of our patient care sites. This report highlights our portfolio of intentional initiatives to benefit our communities, our society, and our environment. Saum Sutaria, M.D. Chairman and Chief Executive Officer 2024 Tenet Health ESG Report 5 ABOUT TENET HEALTHCARE We are a diversified healthcare services company that touches many different dimensions of care. Our enterprise includes the largest ambulatory platform in the country operated by United Surgical Partners International (USPI), which operates ambulatory surgery centers and surgical hospitals, as well as a leading hospital operations and services segment, which includes premier hospitals in urban and suburban communities as well as leading revenue cycle management capabilities through Conifer Health Solutions. Founded in 1969, we have grown tremendously in size, scope, and capability, building a home in new markets over time, and curating those homes to provide a compassionate environment for those entrusting us with their care. Today, we are a leading health system and services platform that continues to evolve, differentiated by our top-notch medical specialists and service lines that are tailored to each community we serve. We work to save lives and accept nothing less than excellence from ourselves in service of our patients and their families, every day. 6 2024 Tenet Health ESG Report 2023 ESG HIGHLIGHTS Improving Our Impact on the Environment Conducted environmental assessment Exploring Scope 1 and 2 emissions baseline reporting Operating our Company Effectively ESG Board oversight through Environmental, Social and Governance; Human Resources; and Quality, Compliance & Ethics Committees Reporting of the SASB and TCFD indexes Fostering a Purpose-driven, Diverse, and Inclusive Culture ~80% ~52% total gender total ethnic/ diversity racial diversity ~$760M+ ~$210K total diverse and donated through small business spend the Tenet Care Fund 2023 BY THE NUMBERS $20.5B 8.4M 106K Net Operating Patient Employees Revenue Encounters 484 ~$7B ~$25B USPI Ambulatory I n Uncompensated Revenue Surgery Centers & Care Delivered in Managed Surgical Hospitals Our Communities by Conifer 61 164 Acute Care Additional & Specialty Outpatient Hospitals Care Sites 2024 Tenet Health ESG Report 7 TENET ESG COMMITTEE Tenet's ESG Committee of the Board operates in accordance with a charter, of which the primary responsibilities include: Reviewing and discussing with management the Company's ESG strategy, initiatives, and policies; Reviewing, monitoring, and providing input on operational, regulatory, and reputational risks and impacts of ESG on the Company; Reviewing and discussing reports from management regarding the Company's progress toward its ESG objectives; and, Providing input and guidance on ESG communications to company stakeholders, including employees and investors Roy Blunt Chairman, Leadership Advisory Strategies Group, Husch Blackwell Strategies; Former United States Senator; Former Member of the U.S. House of Representatives Richard Fisher Former President and CEO, Federal Reserve Bank of Dallas Meghan M. FitzGerald, DrPH Adjunct Professor, Columbia University Richard Mark Former Chairman and President of Ameren Illinois Company Nadja West, M.D. Lieutenant General, U.S. Army (Ret.) and 44th Surgeon General of the U.S. Army A COMMUNITY BUILT ON CARE OUR MISSION To provide quality, compassionate care in the communities we serve. OUR VISION To consistently deliver the right care, in the right place, at the right time, and to be a premier organization to work, where patient care and saving lives remain our focus. OUR VALUES Defined by a Community Built on CARE C ompassion and respect for others and each other, supporting our communities, and advocating for our patients A cting with integrity and the highest ethical standards, always R esults delivered through accountability and transparency E mbracing inclusiveness for all people in our workplace and the communities we serve 8 2024 Tenet Health ESG Report 2024 Tenet Health ESG Report 9 OUR APPROACH We are a community built on care. As healthcare providers, we care for patients during some of the most important moments in their lives. While many elements of ESG are inherently part of our fabric, our behaviors demonstrate that supporting ESG is also a decision to act and advocate for the best interests of our communities, planet and society as a whole. We recognize that our business and social purposes are inextricably linked. We believe our people, our operations, our facilities management and our governance must align properly to generate sustainable business practices for the betterment of all stakeholders we serve. While our responsibility lies, first and foremost, with the delivery of excellent medical care that is safe and compassionate, we equally embrace our commitment to protecting the environment and fostering an inclusive culture. We continue to refine our approach to the areas that we believe are in the best interests of our stakeholders and our business, while seeking ongoing improvement in the following ESG priority areas. Environmental, Social, and Governance Committee Responsible for topics such as climate change impacts, energy and natural resources conservation, environmental and supply-chain sustainability, human rights, diversity and inclusion, and other topics material to the company and its ESG strategy. Human Resources Committee Responsible for compensation and human resources strategies and policies to support workforce development. Quality, Compliance & Ethics Committee Responsible for policies and procedures on ethics, quality assurance, and legal compliance. About this Report This report highlights our commitment to ESG and provides an overview of our governance, oversight, policies, programs, and performance around ESG issues important to Tenet Healthcare and its stakeholders. We look forward to obtaining feedback from our stakeholders and building on the initiatives outlined in this report as we continue to develop our practices and disclosures in the future. Unless otherwise specifically stated, this report covers Tenet Healthcare's performance in 2023. ENHANCING HIGH-QUALITY CARE Meeting the Need We are mission-focused to deliver high-quality, compassionate healthcare to all our patients. We continue our commitment to excellence, delivering comprehensive services to communities with a growing necessity for accessible treatment to meet the