Our board exercises governance oversight of our political expenditures and lobbying activities, ensuring our commitment to stewardship of corporate funds and risk minimization with respect to such activities. The Directors and Corporate Governance Committee is responsible for identifying current and emerging environmental, social, political, and governance trends and public policy issues that may affect the business operations, performance, or reputation of the company. In addition, the board receives regular updates at board meetings from management, which include updates on public policy issues and the company's political corporate activity, as needed. The board also receives semi-annual updates on political engagement, including information on the contributions made by our employee political action committee (LillyPAC) and the company, as well as trade association memberships.
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https://investor.lilly.com/static-files/17ef82ba-c9fb-482d-a5e1-81ee1f25c634
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Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]To support consistency between our policy efforts and our business strategies (including environmental strategies), we have a formal Legislative and Regulatory Tracking Committee (LRTC) that includes representatives from our global health, safety, and environment (HSE) team; Legal; and Corporate Affairs. This committee oversees environmental advocacy efforts with legislative and regulatory bodies, primarily in the United States. The group also coordinates Lilly's activities among various trade groups involved in environmental advocacy and develops strategies for influencing policy where necessary. The LRTC meets at least semi-annually to address U.S. federal legislative and regulatory topics. In addition, separate meetings are held as needed to address emerging or evolving issues at the global, regional, or local level to support consistency. Our EU HSE Regulatory Tracking Group informs EU facility leaders and global HSE leaders of new and emerging EU environmental legislation. Both the LRTC and EU HSE Regulatory Tracking Group are dedicated to monitoring new or evolving rules and regulations at the national and regional level (i.e., European Union). Non-U.S. regulatory monitoring is overseen by our representatives for HSE located in Europe and Asia. They work closely with our Director of Corporate Health, Safety and Environment to ensure consistency. We will continue to actively participate with government agencies and other appropriate organizations in the development of environmental laws and regulations, and industry standards and practices, so as to encourage a sound scientific basis and promote the future well-being of people and the environment.
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CDP Questionnaire Response 2022
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Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes
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CDP Questionnaire Response 2023
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