Board of Directors: Nominating and Corporate Governance Committee
Our Board of Directors has delegated oversight of CDW's ESG programs and policies to its Nominating and Corporate Governance Committee (N&CG Committee), which is comprised of all of the independent members of our Board. The N&CG Committee receives an ESG update at each regularly scheduled meeting. Annually, the Global ESG Team reviews the Company's overarching ESG strategy, progress against this strategy, trends, and risks with the N&CG Committee. At the other three regularly scheduled N&CG Committee meetings, the N&CG Committee receives a written ESG update on specific areas of progress, which in 2023 included: partner engagement; sales enablement and customer engagement; and ESG ratings and rankings. Given that climate action is viewed as a key ESG topic for CDW under the Planet pillar of CDW's ESG strategy, progress on CDW's climate strategy and climate risk is incorporated into updates provided to the N&CG Committee. For example, in 2023, the Committee reviewed and supported CDW's climate targets and discussed climate trends and risks such as reputation, supply chain responsibility, and policy.
Executive Leadership: CEO & ESG Steering Committee
Our CEO provides executive leadership and direction on priority ESG topics. She drives accountability to help ensure our ESG programs deliver value to the Company and its key stakeholders, while ensuring ESG and climate topics receive the attention necessary to meet our associated goals.
Our ESG Steering Committee draws from CDW's Executive Leadership and covers the breadth of the business globally. It provides management oversight of the ESG strategy, providing direction on initiatives, risks and opportunities, programs, policies, and disclosures on priority ESG topics, including climate. The Committee meets quarterly, or as important matters arise.
Annually, the ESG Steering Committee meeting includes our Executive Committee so that the Global ESG team can update the full executive team on ESG strategic program progress.
Global ESG Team
The Senior Vice President, General Counsel, and Corporate Secretary serves as the Executive Sponsor for the global ESG program and receives a climate-related update from the Global ESG Team at least monthly.
Members of the Global ESG Team serve as connectors throughout the business, fostering growth of the ESG culture at CDW and accelerating the implementation of a strategy that:
▪ Focuses the Company's efforts on its priority ESG topics, including climate.
▪ Manages ESG risk, including climate-related risks and opportunities.
▪ Keeps the Company aligned with ESG regulatory and disclosure requirements.
▪ Implements ESG programs that deliver value to all stakeholders.
The Global ESG Team spearheads the Company's climate initiatives. This includes focusing on compliance with global climate regulations, engaging in industry collaborations that focus on climate solutions, leading a global Climate Action Committee focused on decarbonization activities, collaborating with internal partners such as Enterprise Risk Management to prioritize and report on climate risk, and ensuring CDW continues to meet and exceed the expectations of stakeholders. The Global ESG Team also drives action and delegates responsibility to manage day-to-day activities to teams at local and regional levels.