Our directors are focused on managing ESG risks and opportunities at both the full Board level and on multiple Board committees. At the committee level, the Nominating and Corporate Governance Committee is charged with reviewing and assessing the company’s environmental, social and governance initiatives and making recommendations to the company to further its ESG goals (NCGC Charter). The Nominating and Corporate Governance Committee reviews ESG matters at two or more meetings each year.
In addition to the mandate of the Nominating and Corporate Governance Committee, important aspects of ESG management are a focus for the following committees:
Our overall strategy is guided by an ESG Governance Committee comprised of senior officials from across the company, including the:
This committee meets quarterly and communicates frequently to assess ESG risks and opportunities across the company. Our internal approach to sustainability and ESG disclosure is coordinated by our Vice President of Sustainability.
In addition to these formal structures, several departments play a critical role in our approach to sustainability, including the human resources, facilities, risk management and business continuity preparedness teams.
ICE has also developed a Sustainable Finance Product Steering Committee, which meets regularly to deliver on its mission to provide innovative market tools to help drive progress toward global climate and other sustainability goals. Additionally, we have designated a President for ESG products company-wide to guide and further reinforce our overall strategy.
We began publishing annual sustainability reports in 2016 and we continue to evolve and refine our reporting each year. Past years are archived on our website. Our website also includes additional details that are updated throughout the year to provide a more real-time view of what we are doing. Additionally, we use reporting standards to enhance our disclosures, including:
In addition to the actions we take within our own business, we monitor the impact we can have through our supply chain, including: