United Rentals Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The Nominating and Corporate Governance ("N&CG") Committee of the Company's Board of Directors ("Board") holds primary board-level responsibility for oversight of the Company's policies and practices related to sustainability, culture, and governance, including oversight of the Company's climate strategy and other climate-related issues. The N&CG Committee's charter requires that the Committee meet at least one time per year to (i) review the Company's policies and practices with respect to environmental, social, and governance ("ESG") matters, including environmental stewardship and climate-related issues; (ii) review current and emerging trends in corporate social responsibility matters that may affect the Company's business activities, performance, or reputation; and (iii) monitor the Company's progress towards its aspirational corporate social responsibility goals. In practice, the N&CG Committee receives regular reports on climate-related issues from management, including updates on the Company's climate-related strategy and progress toward its objectives and aspirational goals. [...] A cross-functional core management team (the "Corporate Responsibility Core Team," also referred to as the "CR Core Team") consisting of the Company's Chief Administrative Officer ("CAO"); Chief Legal & Sustainability Officer ("CLSO"); Vice President of Health, Safety, & Employee Relations; Director of Environmental Management; Director of Inclusion & Diversity; and Director of Legal Affairs sets corporate responsibility objectives and strategy, which includes the assessment and management of climate-related policy, goals, and risks. The CR Core Team is also responsible for preparing the Company's annual Corporate Responsibility Report. In addition, in 2021, the Company established a Sustainability Steering Committee (the "SteerCo") comprised of senior leaders and subject matter experts across the Company. Most members of the CR Core Team are also members of the SteerCo. The SteerCo's purpose is to provide high-level oversight of the Company's sustainability efforts and to ensure strong Companywide communication and coordination in the implementation of our climate strategy, including achieving our 2030 GHG Goal. [...] Members of the CR Core Team and the SteerCo provide information to the Company's Senior Operating Committee, comprising senior members of management including the Company's Chief Executive Officer ("CEO"); CFO; COO; CAO; SVP, Strategy & Digital; and VP, Business Development. Additionally, the CR Core Team and the SteerCo provide reports to the N&CG Committee. The CR Core Team is responsible for setting climate-related strategy and the SteerCo ensures Companywide implementation of that strategy. Members of the Company's Legal Department participate in the CR Core Team and the SteerCo. The Environmental Department, which is within the Legal Department, monitors progress toward the Company's 2030 GHG Goal and shares that progress with the SteerCo, the CR Core Team, and the N&CG Committee. [...] The ERM Council is responsible for assessing, mitigating, and monitoring all risks confronting the Company, including climate-related risks. The ERM Council consists of the COO, CFO, CAO, CLSO, Treasurer, and 12 other Senior Vice Presidents/Vice Presidents representing a broad range of Company functions. It collects input from its own members and others, including members of the CR Core Team and SteerCo, and reports to the Audit Committee.

https://www.unitedrentals.com/sites/default/files/press-releases/UnitedRentals2023TCFDReport.pdf

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