Report highlights D2L's commitment and approach to social impact and sustainability

TORONTO, April 26, 2023 /CNW/ - D2L Inc. (TSX: DTOL) ("D2L" or the "Company"), a global learning technology company, has released its inaugural environmental, social, governance (ESG) Report, highlighting the company's approach to social impact and sustainability, and its commitment to building products that help transform the way the world learns.

D2L was founded with a mission to transform the way the world learns by making learning more accessible, engaging, and inspiring. This mission extends to D2L's approach to sustainability. By sharing its inaugural ESG Report, D2L is taking the first step in formalizing its sustainability journey to include continued data collection, collaboration with supply chain actors and increasing transparency of its activities through globally standardized reporting measures. D2L will continue to demonstrate responsible corporate citizenship by driving positive social impact, practicing environmental stewardship, and acting with integrity by maintaining strong governance practices throughout its activities.

"The events of the past few years have also shown us that now, more than ever, the role of education and upskilling is the foundation for human progress, especially as we face a future impacted by digital disruption, climate change, and continued global social unrest," says John Baker, CEO of D2L. "Technology-enabled learning has a critical role to play in supporting progress towards the achievement of the United Nations Sustainable Development Goals. D2L is committed to continuing our work in sustainability to support not only users benefitting from our platforms, but our clients and partners as a responsible supply chain actor, as well."

Four ESG pillars provide a framework for D2L to make a positive impact in a rapidly changing world. They are:

• Transforming the way the world learns: Building technology that makes an impact. Together with customers, D2L is increasing access to quality education and delivering learning experiences that help meet the needs of learners regardless of age, ability, or location.
• Operating with integrity: Maintaining world-class data and security practices that protect and respect its customers' and users' information and maintain industry-leading service reliability.
• Empowering its people: Providing exceptional employee benefits, care, and personalized professional development – as D2L creates a diverse, equitable, and inclusive workplace.
• Protecting the environment: Measuring, addressing, and taking accountability for its environmental impact beginning with analyzing available data to calculate carbon emissions resulting from its operations and identifying areas for improvement going forward.

D2L's ESG report is written in alignment with the Sustainability Accounting Standards Board Standards (SASB) Software and IT Services Standard, and with reference to the Global Reporting Initiative's specifications. D2L supports United Nations Sustainability Development Goals and is committed to continuously evolving its practices to build in alignment with the principles of sustainable development. For more information on D2L's ESG-focused initiatives, please see d2l.com/sustainability.

Statements included herein contain "forward-looking information" within the meaning of applicable securities laws. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "budget", "scheduled", "estimates", "outlook", "target", "forecasts", "projection", "potential", "prospects", "strategy", "intends", "anticipates", "seek", "believes", "opportunity", "guidance", "aim", "goal" or variations of such words and phrases or statements that certain future conditions, actions, events or results "may", "could", "would", "should", "might", "will", "can", or negative versions thereof, "be taken", "occur", "continue" or "be achieved", and other similar expressions. Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events or circumstances based certain assumptions and analyses made by the Company in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, including those referenced herein or in the Company's management discussion and analysis ("MD&A") for the year ended January 31, 2023, or in the Company's most recently filed Annual Information Form. Although the Company believes that the assumptions underlying such forward-looking information were reasonable when made, they are inherently uncertain and are subject to significant risks and uncertainties and may prove to be incorrect. The Company cautions investors that forward-looking information is not a guarantee of the future and that actual results may differ materially. Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks, uncertainties and other factors, including but not limited to the risks identified herein or at "Summary of Factors Affecting Our Performance" of the Company's MD&A for the year ended January 31, 2023, or in the "Risk Factors" section of the Company's most recently filed Annual Information Form. If any of these risks or uncertainties materialize, or if assumptions underlying the forward-looking information prove incorrect, actual results might vary materially from those anticipated in the forward-looking information. Given these risks and uncertainties, investors are cautioned not to place undue reliance on forward-looking information. Any forward-looking information herein speaks only as of the date of such statement, and the Company undertakes no obligation to update any forward-looking information or to publicly announce the results of any revisions to any of those statements to reflect future events or developments, except as required by applicable securities laws.

D2L is transforming the way the world learns—helping learners of all ages achieve more than they dreamed possible. Working closely with clients all over the world, D2L is supporting millions of people learning online and in person. Our growing global workforce is dedicated to making the best learning products to leave the world better than they found it. Learn more about D2L for K-12, higher education and businesses at www.D2L.com. 

SOURCE D2L Inc.

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