CAE Inc

Governance Committee reviews the effectiveness of the Board and its Committees annually. The Committee also reviews specific matters of corporate governance and makes recommendations to the Board, such as the effectiveness of corporate governance at CAE with respect to the discharge of CAE's obligations to our shareholders, customers and employees, other stakeholders and the public. [...] The Governance Committee regularly evaluates continuous enhancement of the company's ethical practices and policies that govern our business actions while also overseeing CAE's climate resilience strategy. [...] The Board's Audit Committee performs a quarterly assessment of IT and cybersecurity risks and elements impacting internal control systems. The Committee has specific oversight responsibility for CAE's Enterprise Risk Management Policy framework, including sustainability-related risks. [...] The Board's Human Resources Committee oversees health and safety and aviation safety policies and procedures through a quarterly review to ensure effectiveness of the programs in place. The Committee is also responsible for diversity, equity and inclusion (DE&I) topics and monitors management's response to all related material issues.

Responsible lobbying and political contributions

CAE is committed to participating in the political and public
policy process in a responsible and ethical way that serves
the best interests of our stakeholders."
"Any political or other public policy activity in which CAE engages, including political expenditures, must comply with [our Lobbying and Political Contributions Policy and the Anti-Corruption Policy.](https://www.cae.com/media/documents/Corporate/Lobbying_and_Political_Contributions_Policy.pdf) [...] CAE USA is a U.S. corporation that operates under a Special Security Agreement (SSA) with the U.S. Department of Defense. As such, CAE USA has its own U.S. board of directors that monitors and oversees all company activities related to classified and export-controlled information, security procedures and company management.

10. Approve and periodically review _(every third year, unless required sooner) CAE's_ Charitable Donations and Sponsorships Policy, Lobbying and Political Contributions Policy and Human Rights Policy. (WP1.8) [...] 11. Review annually the donations, sponsorships and research projects supported by CAE, with a breakdown by sector, region and spend. (WP1.8)

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The Board of Directors has oversight of, and the Executive Management Committee (EMC) has responsibility for, climate-related issues and ensures that the processes in place to ensure that the engagement activities are consistent with the overall climate change strategy. Such issues are reviewed by the Board to allow for review and guidance on strategy and major plans of action, and monitoring of implementation and performance against any goals and targets.

• As part of the Company's ongoing enterprise risk management (ERM) process, the Board and Management discuss the top risks and opportunities facing our business, on a quarterly basis and annually during the strategic planning and budgeting processes. ESG and climate change are among the top 20 risks identified and, as such, are subject to quarterly reporting to the Board. The Senior Vice President Investor Relations and Enterprise Risk Management provides these updates to the Board and the CAE's Chief Sustainability Officer (CSO), an EMC member, is the risk owner accountable for identifying, developing and monitoring the ESG and climate change risks management strategy. The Board reviews her reports for guidance and orientation.
• The Human Resources Committee, one of the Board committees, oversees CAE's environment policies and practices, and reviews of the environment is on the agenda of their meetings. The committee is responsible for reviewing quarterly the Global occupational Health, Safety & Environment strategy implementation, key risk mitigants, statistics, incidents and corrective actions.
• The Governance Committee reviews CAE's corporate social responsibility strategy and reporting, on a quarterly basis.

There are also various corporate teams that develop and deploy company-wide initiatives that drive and align employees' engagement on climate change strategy. As an example, our Real Estate department is launching an energy efficiency guide for all our 200 sites worldwide to align practices in all our training centres and ultimately reduce our Scope 1 and 2 carbon emissions.

As the executive compensation is now tied to ESG criteria, we also create the conditions to set the right tone at the top and make sure that our leaders give environmental objectives to their teams.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, but we plan to have one in the next two years