Leadership of our environmental efforts, with the Board of Directors' Corporate Governance and Nominating Committee having direct oversight of eBay's environmental, social and governance strategy, guiding our overall climate approach in tandem with our Chief Sustainability Officer and Impact team.
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https://www.ebayinc.com/stories/news/ebay-strengthens-commitment-for-climate-action/
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Guided by eBay's Impact team, with oversight from our Board of Directors and Leadership team, we integrate environmental, social and governance (ESG) matters into the core of our business and embrace sustainable practices that reinforce our commitment to operating with integrity. The board has ultimate responsibility for risk oversight. This includes oversight of eBay's strategic, operational, financial, legal and other risks, such as the impact of competition and sustainability risks, including social, environmental and reputational factors that are integral to the strength of our brands. The board's Corporate Governance and Nominating Committee broadly oversees ESG issues and sustainability reporting, including our progress against climate goals. The board's other standing committees oversee certain specific ESG-related matters, including diversity, equity & inclusion, incentive-based compensation for management, ethics and compliance programs and management of key risks such as privacy and cybersecurity. Management's Role Our Chief Sustainability Officer (CSO) leads eBay's Impact team. The Impact team works across the organization to help our business groups and functions prioritize ESG as part of the company's strategy. This includes cross-company collaboration to evaluate climate risks and opportunities, interpret them into a business framework and develop recommendations that can then be acted upon by decision makers. In addition, the CSO works closely with Investor Relations, while our CEO, sponsors our ESG Council of senior leaders. eBay Executive Leadership team (eLT) members sponsor each of our impact goals and drive global strategy and budget decisions related to climate, with direct oversight from the board. eBay's ESG and Climate Governance Model Board of Directors Corporate Governance Executive Leadership Team and Nominating Committee Chief Sustainability Officer Impact Team / Investor Relations ESG Council eBay's ESG Council Management-Level Climate-Related Incentives The qualitative assessment of individual performance within eBay's annual cash incentive plan ("eIP"), for our named executive officers includes sustainability factors. This is inclusive of eBay's CEO who sponsors the ESG Council and has overall responsibility of the company's ESG strategy. Additionally, eBay's CFO is responsible for overseeing the company's progress and commitment to our sustainability and DE&I goals (including relating to diversity representation, inclusion and belonging, recommerce and carbon emissions). eBay's CSO chairs the ESG Council, which is composed of key members of our management team and engages with critical partners that represent eight departments across our company. Finance Global Business Global Markets Growth Legal People Products Technology Strategy Further information on eBay's ESG governance structure can be found in eBay's Impact Report (Our Governance Model), Charter of the Corporate Governance and Nominating Committee (pages 2-3 – "Duties and Responsibilities"), 2023 Proxy Statement (pages 19, 24-25 and 46) and our most recent CDP Climate Change response (pages 2-6, Questions C1.1, C1.2 and C1.3).
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https://static.ebayinc.com/assets/Uploads/Documents/eBay-TCFD-FY22-Report.pdf
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To ensure a coordinated approach to and positions on climate change and energy policy activities, regular meetings are held regularly between the Impact and Government Relations teams, along with other internal stakeholders from Global Communications, Finance, and Operations. Agendas for these meetings include business impacts, pending policy initiatives and discussion of how these do or do not align with our corporate climate and energy strategy, as well as identify any opportunities/requests to engage with external stakeholders on these activities. Per these discussions we have chosen to support We Mean Business, TCFD reporting and joined in the LEAD on Climate activities – consistent with our commitment to support climate action. [...] The Board of Directors' Corporate Governance and Nominating Committee (CGN) has the ultimate responsibility for sustainability and ESG issues, which is inclusive of climate-related issues. ESG, sustainability and climate-related updates are provided to the CGN at least quarterly. The CGN reviews climate-related actions including emissions reduction and renewable energy progress and is responsible for providing feedback and guidance on our climate targets, progress, and focus. CGN's ESG responsibility is part of the Committee's charter (https://ebay.q4cdn.com/610426115/files/doc_downloads/corporate_governance/2023/cgnc-charter-_january-12-2023_final2.pdf). eBay's Risk Committee also oversees the company's management of key risks, as well as the guidelines, policies, and processes for monitoring and mitigating such risks. eBay's full Board has ultimate responsibility for risk oversight. This includes oversight of eBay's economic, financial, legal and regulatory, operational, and other risks, such as the impact of competition and sustainability risks, including social, environmental, and reputational factors that are integral to the strength of our brands. Risk management is embedded across our businesses, with oversight of our company-wide initiatives by the Board and its committees. On a regular basis, the Board and its committees engage with our senior management and other members of management on risk as part of broad strategic and operational discussions that encompass interrelated risks, as well as on a risk-by-risk basis. Our Chief Compliance Officer periodically reviews with the Risk Committee the major risks under its oversight and the steps management has taken to detect, monitor and actively manage those risks within the agreed risk tolerance. Likewise, our Chief Sustainability Officer shares with the CGNC emerging trends and risks relating to sustainability, our strategy for improving our sustainability efforts, and how our sustainability efforts are rated on external indices. Our Audit Committee has an annual cadence to review the risks included in its Equity & Inclusion ( DE&I ) leader several times per year regarding the most relevant risks and opportunities concerning our workforce, including an annual review of the Company's risk assessment of its compensation policies and practices for its employees, assesses whether such policies and practices encourage excessive risk-taking and evaluates policies and practices that could mitigate such risks. eBay's Chief Sustainability Officer also directly engages with the executive leadership team directly and through the company's ESG Council. The ESG Council is made of cross-functional senior and global senior leaders and is sponsored by eBay's CEO, who is also a Board member.
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https://static.ebayinc.com/assets/Uploads/Documents/CDP-CC-Response-eBay-2024.pdf
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Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]To ensure a coordinated approach to and positions on climate change and energy policy activities, regular meetings are held regularly between the Impact and Government Relations teams, along with other internal stakeholders from Global Communications, Finance, and Operations. Agendas for these meetings include business impacts, pending policy initiatives and discussion of how these do or do not align with our corporate climate and energy strategy, as well as identify any opportunities/requests to engage with external stakeholders on these activities. Per these discussions we have chosen to support We Mean Business, TCFD reporting and joined in the LEAD on Climate activities – consistent with our commitment to support climate action.
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CDP Questionnaire Response 2022
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Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes
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CDP Questionnaire Response 2023
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