The Board of Directors Nominating, Governance and Corporate Responsibility Committee (NGCRC), comprised exclusively of independent directors, oversees Clorox's corporate responsibility and sustainability program, including all climate related issues. The committee oversees the Company's environmental, social and governance (ESG) process and approach and regularly discuss with management the strategy related to environmental goals, risks and opportunities. This committee is therefore directly responsible for overseeing the company's climate and environmental related aspects. This includes overseeing the company's climate related goals and progress. The committee is updated at least quarterly on ESG-related priorities including those related to Climate. For example, the Board Committee was apprised when Clorox developed our 2030 Ignite Goals, which specifically included committing to Science Based Targets to reduce CO2e emissions. Their alignment was obtained as part of the process for proceeding with these goals. The Committee also regularly received updates on ESG issues of relevance to our stakeholders, including stockholders, which often includes information related to climate risks, oversight and disclosure. [...] The full board of directors also participates in regular (at least annual) updates on ESG topics, including climate, and the full board, as part of its enterprise risk management (ERM) oversight role, also oversees the Company's climate risks, which have been identified as long-term risks for the Company by Clorox's ERM committee, a committee comprised of senior management, who identify, quantify and oversee enterprise risks of the Company and present to the full board of directors at least annually. [...] Implementation of the company's ESG strategy is the responsibility of the ESG Executive Committee, comprised of Clorox's EVP, Chief Growth Officer, EVP, Chief People and Corporate Affairs Officer and SVP, Chief Legal Officer, each reporting to Clorox's CEO. They are responsible for overseeing the execution of our ESG (incl. Climate) priorities and ensuring our business strategy considers and optimizes our ESG priorities."
"In order to ensure that our policies are aligned with any research organizations, non-profit associations, agencies, consortiums or other industry groups, before engaging, our Senior Director of Corporate Social Responsibility and Sustainability will review their policies and goals to ensure alignment with our existing environmental policies and strategies. Should an organization participate in an activity that does not align with our climate strategy, or should there be a major change in our strategy which no longer aligns with that of these organizations, our Senior Director of Corporate Social Responsibility and Sustainability will revisit our membership and continued engagement with the organization and decide whether to continue our membership and affiliation. Clorox works closely with a number of research organizations, non-profit associations, agencies and consortiums to further environmental sustainability initiatives within our company, industries and communities. Some of these are: - The Sustainability Consortium - We are a TSC member. The TSC is a group of diverse stakeholders that work collaboratively to build science-based decision tools that address sustainability issues that are materially important throughout a product's supply chain and lifecycle. - Clorox is actively engaged with the EPA's Waste Wise program and EPA's Safer Choice program - GreenBiz – We are a corporate member of the GreenBiz Executive Network Sustainable Brands – Clorox is a member of Sustainable Brands - Sustainable Packaging Coalition – We are an active member of this organization, as well as its How2Recycle recycling labelling program. - We are a member of AIM Progress - Responsible sourcing industry organization which aim to drive best practices in upstream supply chains - We are a member of the National Resources Stewardship Circle – Responsible sourcing industry organization which works to drive best practices in upstream supply chains, including deforestation and ingredient sourcing such as palm oil. - In 2015, Clorox joined the Roundtable on Sustainable Palm oil, a multi-stakeholder organization working to develop standards to ensure palm oil is sustainably grown and harvested. - In 2015, Clorox became a signatory of the UN Global Compact - In 2016, Clorox became a member of The Forest Trust (subsequently renamed to Earthworm Foundation), an international non-profit organization that works with companies – typically brands, retailers, manufacturers, and producers – to use their leverage within a supply chain to transform the way commodities, such as palm oil, are produced. In 2019, Clorox became a signatory to the Ellen MacArthur Foundation's New Plastics Economy Global Commitment, a vision of a circular economy for plastic in which it never becomes waste or pollution. In 2020, Clorox became a founding member of the U.S. Plastics Pact, a public-private led collaboration working to change the U.S. systems that produce, use, recover, and process plastics with solution-driven action n With all the above organizations, besides paying annual membership dues, we do not specifically provide any other funding towards the study or research of climate change. Our position on Climate Change is stated on our website