Tradeweb Markets Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

Tradeweb has implemented a comprehensive structure by which climate-related risks and opportunities are governed. The chart on this page outlines the layers of governance implemented at Tradeweb to ensure accountability and proper management of all ESG initiatives at the company. This governance structure and associated oversight responsibilities have been bolstered over the years since our journey began and now include more specialized oversight for ESG topics. There are three committees of Tradeweb's Board of Directors that oversee topics across ESG. As per the charter of the Audit Committee of the Tradeweb Board of Directors, the committee is responsible for overseeing and reviewing the company's external reporting regarding climate-related risks and other related disclosures and discussing with management related controls and procedures for oversight of external reporting of climate-related risks. The Nominating and Corporate Governance Committee of the Tradeweb Board of Directors is responsible for ESG oversight and guidance. [...] Tradeweb's ESG team is responsible for implementing the strategy that is overseen by Tradeweb's ESG Steering Committee, and ultimately, our Board committees on relevant ESG-related topics. Climate-related risks and opportunities are integrated into Tradeweb's Enterprise Risk Management framework, which is overseen by the Enterprise Risk Committee and, ultimately, our Chief Risk Officer. The daily management of, and adherence to, Tradeweb's Enterprise Risk Management policies and procedures is the responsibility of our global risk teams and the internal stakeholders supporting each of our products and services. [...] Tradeweb's global ESG and Risk Management teams work together to ensure that relevant industry best practices are being followed and that the policies and procedures included in integrating climate risk are up to date and appropriate for our business as it continues to grow and evolve. Risks and opportunities presented in this report are regularly monitored by our ESG and Risk Management teams and further assessments will be completed moving forward to review existing and potential new risks and/or opportunities. While Tradeweb has not yet set any public targets on climate-related metrics, if and when we do the targets will be integrated into the overall strategy of the company that is overseen by the Board committees and appropriate teams throughout the organization.

https://investors.tradeweb.com/static-files/29112d0a-79c7-47cd-93be-99b81cff0b4a

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, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023