ABB India Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

At ABB, responsibility for sustainability is clearly defined and covers all levels of the organization: **Board** **of Directors** **Sustainability Board** **(full Executive Committee)** **Business-level** **Sustainability** **HSE Council** **performance** **Council** **management** **Topic-specific** **Remuneration and** **Division-level** **work groups** **incentives** **implementation** ABB's Board of Directors oversees the company's sustainability strategy and monitors progress toward and achievement of targets. The Governance & Nominations Committee (GNC) ensures that sustainability factors are holistically considered and integrated into the company's strategy and affirms a long-term commitment to sustainability goals, while the Compensation Committee ensures that ABB's remuneration policies are linked to the achievement of its sustainability targets. **Board** **of Directors** **Sustainability Board** **(full Executive Committee)** **Business-level** **Sustainability** **HSE Council** **performance** **Council** **management** **Topic-specific** **Remuneration and** **Division-level** **work groups** **incentives** **implementation** The ABB Sustainability Board, comprising the Group Executive Committee, validates the sustainability strategy and its implementation as well as the resources required to deliver it. It is also responsible for reviewing and assuring strategic goals and ensuring that a sustainability culture is embedded in the company. The Chief Communications and Sustainability Officer, who is a member of the Group Executive Committee, has functional responsibility for sustainability and reports to the GNC on sustainability-related topics and progress. The Sustainability Council, consisting of the Group Head of Sustainability and sustainability representatives from each of ABB's four business areas, is the operational body that oversees sustainability policies and programs, reviews developments and monitors progress toward our targets. The Sustainability Council makes recommendations on strategy, target deployment and performance reviews. The four business areas are ultimately responsible for setting targets and coordinating action plans at the business area and division levels and ensuring performance management.

https://sustainabilityreport.abb.com/2022/servicepages/downloads/files/sustainability-abb-csr22.pdf

In 2021, ABB contributed to the global effort to meet the SDGs by supporting policies that promote the electrification of land-based and marine transport systems, improvements in energy efficiency in industry and buildings, and industry-specific sustainable technologies. For example, we are promoting high electric charging infrastructure targets (including for e-trucks) in the revision of the EU's Alternative Fuels Infrastructure Regulation (AFIR), which is currently in the legislative process. [...] ABB also worked within industry associations to accelerate sustainable development. For instance, ABB is using its position as Chair of the Sustainable Mobility Task Force at Orgalim, Europe's technology industry association, to promote ambitious decarbonization and electrification commitments for road transport. ABB also participated in sector-specific working groups on energy, mobility, buildings and industry, which supported a major study on fighting climate change in Germany. ABB additionally became a founding member of the Zero Emission Transportation Association, an advocacy organization in the United States.

https://sustainabilityreport.abb.com/2021/sustainability-at-abb/sustainability-at-abb.html