GE HealthCare Technologies Inc

We engage globally with public policymakers as legal and appropriate when we believe it will serve the best interests of GE, our investors, employees, suppliers and other stakeholders. We survey the public policy issues and priorities across our businesses and the regions where we operate as part of setting the Company's priorities, evaluating potential reputational and other risks, allocating resources and developing appropriate advocacy strategies. [...] GE employees engage with public officials at all levels of government to inform them about GE's operations, emerging technologies and markets, and to share views on public policy issues. Some communications with government officials may be reportable as lobbying communications, and GE's U.S. lobbying expenses are included in Lobbying Disclosure Act (LDA) reports and/or state or local lobbying disclosure reports. GE also participates in the political process through contributions by GE's voluntary employee-funded political action committee (GEPAC) and through Company contributions, where legal and appropriate. The GE Board's Governance & Public Affairs Committee, which is made up entirely of independent directors, oversees and reviews GE's political activity policies and practices, approves an annual political contributions budget and receives semi-annual reports on GE's political activity as part of its oversight responsibilities.

With oversight from our new Board of Directors, we have instituted leadership focus on our sustainability efforts at multiple levels. We have appointed Kelvin Sanborn as our new ESG Program Lead, and established a cross-enterprise standing committee that drives the company's sustainability initiatives and works to incorporate them into the core of the business. [...] To guide our ESG goals, programs, and initiatives, we have established a governance structure that involves the highest levels of our organization. In alignment with the Board and Management's corporate governance responsibilities, GE HealthCare's Enterprise Stewardship Program (ESP) encompasses ESG and Enterprise Risk Management (ERM) oversight. Central to the ESP is the Enterprise Stewardship Program Committee (ESP Committee), composed of representatives across the company's business segments, regions, and functions. [...] The Board oversees Management's establishment and execution of corporate strategy, along with our ESG program and activities. The Board receives regular updates to remain apprised of potential ESG risks and opportunities. [...] The Enterprise Stewardship Program proactively identifies, assesses, and responds to risks and opportunities that could impact the company's business and operations. [...] The ESP Committee includes ESG Program Leader, who manages ESG practice and initiatives, along with individual subject matter experts who lead their respective programs across the broad ESG landscape.

GE HealthCare recognizes sustainability must be a Company priority. The Board oversees management's establishment and execution of corporate strategy, along with the company's ESG program and activities, and there is a cross-functional Enterprise Stewardship Program (ESP) that encompasses both ESG and Enterprise Risk Management. GE HealthCare appointed Kelvin Sanborn as the company's ESG Program Lead who brings deep sustainability experience, having previously led GE HealthCare's Global Environment Team.