Xerox Holdings Corp

Lobbying Governance

AI Extracted Evidence Snippet Source

The CSR Council reports to and advises the CEO. The CSR Council is chaired by a member of the Executive Committee, and the Chief Sustainability Officer serves as the Executive Director of the CSR Council. This structure ensures that the business is held accountable for the CSR goals and ensures the CSR Council reflects real business input and requirements. On an annual basis, the Chief Sustainability Officer is responsible for confirming the corporate CSR priorities with the CEO and Corporate Governance Committee of the board; presenting the results of the annual CSR materiality assessment and proposed action plan for Board approval; and providing the CEO and the Corporate Governance Committee of the board with a status of CSR progress and recommendations going forward. [...] The Chief Sustainability Officer holds the highest-level management position with direct responsibility for assessing and managing climate related issues. The Chief Sustainability Officer reports to the Executive Vice President & General Counsel who reports to the CEO. In this position, the Chief Sustainability Officer is responsible for overseeing our environmental (including climate related) governance and leads coordination of the company's CSR activities, serving as Executive Director of the CSR Council, communicating climate-related issues to the CEO and Board, and ensuring the implementation of climate related decisions made by the CSR Council and/or board. The CSR Council is composed of senior leaders of functional organizations impacting CSR. Every functional area of the corporation is represented on the Council including procurement, environment and climate related issues, health, safety, legal, supply chain, product development, delivery, and R&D. The CSR Council has centralized oversight of the corporation's management approach, and meets quarterly to review the company's policies, goals, strategies, and actions to drive progress including GHG reduction and developments with potential CSR impacts. The developments reviewed may be either internal or external. The Council determines the relevancy of the risks and opportunities to Xerox and if relevant, develops an action plan for review and approval by the Executive VP & General Counsel and subsequent approval by the CEO and Executive Management Committee. [...] The Chief Sustainability Officer, with the CSR Council, makes climate related decisions as a team and by consensus, but it is the Chief Sustainability Officer who is ultimately responsible for bringing the climate related issues or topics to the CSR council for consideration, discussion, and approval. [...] The Office of Global Government Affairs is also responsible for tracking external developments including climate change policy and determining if they are likely to affect Xerox products and operations. Through trade associations and partnerships, EHS&S tracks applicable climate change legislation and policy that may affect the company.

https://www.xerox.com/downloads/usa/en/x/Xerox_TCFD.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our Office of Global Government Affairs coordinates and oversees all policy-based interactions with governments and governmental organizations across the nation and around the world and is responsible for undertaking comprehensive annual reviews of our environmental partnerships to ensure alignment of Xerox's environmental priorities.

In addition, our Office of Global Government Affairs has the exclusive authority to express the Xerox position on matters of public policy, including climate change. By restricting such communications to the Office of Global Government Affairs, Xerox ensures that the company speaks with one voice on matters of climate related public policy.

CDP Questionnaire Response 2022