Governance

We are committed to high standards of business integrity and corporate governance. Accordingly, we have developed a corporate structure and culture that promotes the highest ethical standards and compliance with all applicable laws and regulations.

Embedding ESG into our business and executing on our strategy is important to ensuring we are mitigating potential risks, protecting business continuity, identifying opportunities for value creation, and advancing more effective environmental and social action. We continue to seek and identify ways to do the right thing for our stakeholders, and we believe it is essential to fully embed ESG into our business activities and structure.

Our Board of Directors oversees our ESG strategy, through its Nominating and Corporate Governance Committee, which regularly reviews the Company’s ESG activities, developments, goals and objectives, including the Company’s ESG programs and disclosures. The Compensation Committee meets with the Company’s ESG Steering Committee to review human capital activities, developments, goals and objectives incorporated into the Company’s ESG initiatives. Our ESG Steering Committee drives our activities in this space, and is composed of our Executive Leadership Team, including our Chairman, CEO, and President. This committee is supported by four subcommittees and our ESG team, which is led by our VP, ESG & Deputy General Counsel, who reports to our EVP, Chief Human Resources Officer & General Counsel.

Each subcommittee is led by a chair and is made up of a cross-functional team of subject matter experts from the business. The ESG subcommittees are responsible for setting the action plan needed to achieve our ESG goals, to provide subject matter guidance to the company on ESG issues, and to assist with ESG reporting and disclosure.