Corporate Social Responsibility
at Nexstar
Nexstar was founded in 1996 with a set of core beliefs that include the strength and power of journalism, diversity across the workforce, respect for our audiences, customers, employees, and shareholders, and the importance of taking a leadership role in the communities in which we operate. Over the years, we have adopted and evolved a variety of internal policies and procedures designed to safeguard the environment and promote ethical behavior, fairness, diversity and transparency in the conduct of our business.
At Nexstar, we understand that operating a media business is a form of public trust, and that we must be responsible and accountable stewards of it. Every day, Nexstar’s more than 6,000 journalists are reporting on stories that matter to our viewers. They seek the truth and strive to act independently, transparently, and to be free from bias.
Nexstar’s core beliefs and the internal policies and procedures put in place over many years provide the framework for our continuing efforts to align the company with sound Environmental, Social, and Governance (ESG) practices. Nexstar’s Board of Directors, through its committees, evaluates and oversees risk areas related to ESG. This includes the Company’s overall Corporate Social Responsibility reporting, as well as the development of policies, programs, and short- and long-term objectives.
We are mindful of our ESG obligations and recognize that ESG is an ongoing process. Importantly, our commitment to ESG practices extends beyond the C-suite. All of our employees are required annually to review and certify their compliance with the company’s Code of Business Conduct. They also receive ethics training, designed to help them identify and prevent unethical behavior, as well as anti-harassment, bias, and diversity training beyond what is legally required. A more detailed explanation of our ethics policies and information on DE&I can be found later in this booklet and on our website, www.nexstar.tv
We firmly believe ESG is good for business, good for our customers and communities, and good for Nexstar.
Perry A. Sook
Chairman and Chief Executive Officer
Michael Biard
President and Chief Operating Officer
OUR CORE ESG PRINCIPLES INCLUDE:
- ENVIRONMENT
We endeavor to limit our impact on the environment as much as possible. - SOCIAL
We practice fact-based, unbiased journalism, which millions of people turn to every day for reliable news and information. We have well-established policies on diversity, equity and inclusion (DE&I), and a variety of employee resource groups. Our employees are deeply involved in community and charitable organizations. - GOVERNANCE
The Company’s Board of Directors and management team seek to maximize shareholder value when making long-range and day-to-day decisions about the business. Our commitment to diverse hiring practices is reflected in the search for new members to the Board and all new hires. We provide opportunities for shareholders to make their opinions known.