DXC Technology Co

Lobbying Governance

AI Extracted Evidence Snippet Source

#### Board's Oversight of Climate-Related Risks and Opportunities

The Board of Directors provides oversight on DXC's ESG issues, including climate-related risks, opportunities and concerns, and ensures we have the governance, long-term strategy and processes to manage ESG outcomes that meet the needs of stakeholders.

Within the Board of Directors, the Nominating/Corporate Governance Committee has specific oversight of ESG and climate-related matters. The Nominating/Corporate Governance Committee charter outlines the oversight responsibility for ESG issues. The committee reviews ESG matters, including climate-related impacts, risks, opportunities and issues, at each quarterly committee meeting and subsequently shares this information with members of the full board. An ESG update to the full board is provided annually.

The committee also provides guidance and input on corporate climate-related decisions. For example, the Nominating/Corporate Governance Committee was briefed on the intended stakeholder and operational benefits of adopting a target to achieve net zero emissions for direct operations by 2050. The direction was discussed, and the Committee subsequently agreed to pursue this objective. Progress toward climate targets is reviewed with the committee annually and our efforts are adjusted as business needs dictate. [...] #### Management's Role in Assessing and Managing Climate-Related Risks and Opportunities

###### Executive ESG Leadership

The president and chief executive officer (CEO) is the senior-most executive at DXC. The CEO drives the organization's overall business strategy, setting the tone and direction for all ESG matters, including climate-related objectives. The CEO is regularly briefed on ESG matters as they pertain to strategic objectives and decisions, and provides high-level direction to ensure alignment across the organization.

###### ESG Working Group

Cross-functional support and execution of ESG strategy

###### Board of Directors

Corporate ESG oversight [...] The CEO has delegated the execution of DXC's ESG program to the COO, who is responsible for overseeing initiatives, programs and policies related to the company's ESG and climate strategy. The COO influences related initiatives that have a significant impact on our overall carbon footprint; these include DXC's data center optimization program, shifting our colleagues to a largely virtual business model, and advancing our circular economy engagement through optimization of IT asset refurbishment and recycling programs. Together, these programs will reduce DXC's employees' daily work commutes, business travel and overall energy consumption, reducing GHG emissions. [...] #### Process for Managing Climate-Related Risks

DXC management owns and manages risk. The Enterprise Risk Committee (ERC) assists management in fulfilling its responsibilities for assessing, managing and monitoring risks, and aids the Board of Directors in its oversight responsibilities with regard to the company's Enterprise Risk Management (ERM) Program.

https://dxc.com/content/dam/dxc/projects/dxc-com/us/pdfs/about-us/esg/Environmental-Social-and-Governance-TCFD-Report.pdf

##### (4.11.8) Describe the process your organization has in place to ensure that your external engagement activities are consistent with your environmental commitments and/or transition plan

_DXC is a voluntary member of the UK Climate Change Agreement (member since 2015); the trade body, techUK,_
_which fosters dialogue between the tech industry and government to ensure a better understanding of the_
_climate change impacts of the sector and the need for structured and longer-term energy targets; and the UK_
_DEFRA Government Digital Sustainability Alliance (GDSA), an organization dedicated to promoting and_
_progressing knowledge and capabilities to deliver sustainable digital data and technology across the UK._

_DXC's process for aligning engagement activities with strategy involves regular communications between the_
_ESG Executive Steering Committee and other executive leaders. DXC's executive leadership team has received_
_training on ESG issues in order to further integrate them with the business strategy. DXC's external engagement_
_activities are reviewed by our COO, VP of ESG, Corporate Communications and Marketing specialists, and_
_Investor Relations specialist, for alignment with DXC's overall ESG strategy._

_Meetings to review progress against DXC's global environment plans are held quarterly with the Board of_
_Directors and ESG Executive Steering Committee. Annual disclosures are reported in line with GRI, SASB, CDP_
_and TCFD and are communicated to stakeholders via DXC's ESG webpage, supplemented with materials such_
_as DXC's "ESG at a glance" document, strategy documents and relevant policy documents._

https://dxc.com/content/dam/dxc/projects/dxc-com/us/pdfs/about-us/esg/Environmental-Social-and-Governance-CDP-Report.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]DXC is a voluntary member of the UK Climate Change Agreement (member since 2015); the trade body techUK, which fosters dialogue between the tech industry and government to ensure a better understanding of the climate change impacts of the sector and the need for structured and longer-term energy targets; and the Business Services Association, a policy and research organization bringing together service providers to discuss issues of common interest.

DXC participates as a member of the techUK working group on Net Zero Tech, which defines how techUK can support members in meeting net zero in the technology sector. DXC chairs the techUK working group on Green Finance, which explores how digital technology can benefit from green finance and support the finance sector in developing green finance. DXC has discussed with/presented to the European Central Bank and the Central Bank of Ireland on the potential to use a sandbox to assist in introducing regulations for sustainable finance.

DXC's process for aligning engagement activities with strategy involves regular communications between the ESG Executive Steering Committee and other executive leaders. This covers DXC's data centers, office portfolio and services in the countries in which DXC operates. DXC's executive leadership team has also received training on ESG issues in order to further integrate them with the business strategy.

Any public submissions released by DXC are reviewed by our COO, who is responsible for DXC's ESG strategy and response to climate related issues; our Corporate Communications and Marketing specialists; as well as Investor Relations specialists, for alignment with DXC's overall ESG strategy.

Meetings to review progress against DXC's Global Environment Plan are held quarterly with the Board of Directors and ESG Executive Steering Committee, as well as monthly with responsible executives. In addition, annual disclosure reporting in line with GRI, SASB, CDP and TCFD are communicated to stakeholders via DXC's ESG webpage, supplemented with materials such as DXC's "ESG at a glance† document, strategy documents and relevant policy documents.

CDP Questionnaire Response 2022