Interpublic Group of Cos Inc/The

IPG's Board of Directors, including our CEO and our Chairman, has overall responsibility for the oversight and management of the company's risks, including those caused by climate change. Climate-related issues are considered in the Board's review and guidance of risk management policy, annual budgets and progress against goals and targets for addressing climate change. IPG's ESG Steering Committee, a management-level committee, meets regularly and is responsible for identifying and remediating risks posed by climate change, assessing and managing climate-related opportunities, and coordinating and promoting IPG's efforts on climate related issues. The governance and oversight systems in place ensure that our engagement activities are consistent with our climate change strategy.

Additionally, IPG does not work with trade associations or lobbying groups that seek to extend the life of fossil fuels. [...] Since putting this review process in place, we have, on multiple occasions, turned down potential new business opportunities. We will continue to update our stakeholders as we refine this policy.

IPG and its affiliates proactively review the climate impacts of potential clients in the oil, energy and utility sectors before accepting new work. We do not work with trade associations or lobbying groups that seek to extend the life of fossil fuels.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]IPG's Board of Directors, including our CEO and our Chairman, has overall responsibility for the oversight and management of the company's risks, including those caused by climate change. Climate-related issues are considered in the Board's review and guidance of risk management policy, annual budgets and progress against goals and targets for addressing climate change.

In 2020, IPG established the ESG Steering Committee, a management-level committee, which meets regularly and is responsible for identifying and remediating risks posed by climate change, assessing and managing climate-related opportunities, and coordinating and promoting IPG's efforts on climate related issues.

The governance and oversight systems in place ensure that our engagement activities are consistent with our climate change strategy.

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