At Accenture, responsibility for environmental, social and governance (ESG) matters starts at the top, with our Board actively overseeing our ESG strategies and progress in meeting our ESG-related commitments, and cascades throughout the business. As part of this, we have implemented a clear and comprehensive governance structure designed to help us achieve our goals and reflect our objectives throughout the organization while guiding our strategic approach.
The Nominating, Governance & Sustainability Committee is responsible for overseeing our overall ESG performance, disclosure, strategies, goals and objectives and monitoring evolving ESG risks. In carrying out its responsibilities, the Nominating, Governance & Sustainability Committee receives periodic reports throughout the year from management on key ESG matters, including the Sustainability Services we provide to clients, our actions around being a responsible company and citizen, our progress in meeting our ESG-related commitments, and our integrated reporting, which demonstrates our commitment to transparency and accountability of our goals and progress.
In addition, the Compensation, Culture & People Committee is responsible for overseeing our strategies related to our people, including matters such as pay equity, inclusion and diversity, leadership succession and culture; and the Audit Committee oversees our approach to the quality of ESG-related data and controls.
Our Global Management Committee (GMC) sponsors our responsible company strategies. These senior leaders, spanning multiple corporate functions, industries, services and geographies, engage on these topics and are responsible for implementing strategies, goals and policies. Together, they make strategic recommendations and decisions on our ESG initiatives, including sponsorship of our non-financial goals.
Our leadership structure reflects our values of governance throughout the business. In 2020, Peter Lacy was appointed to the role of Chief Responsibility Officer and Global Sustainability Services Lead, and also joined the GMC, taking the first senior leadership position at Accenture with a primary focus on both client and corporate sustainability. Peter’s work spans ESG issues as they relate to our business, clients and ecosystem partners—including our actions to help achieve the United Nations Global Compact’s Sustainable Development Goals by 2030.
The way we innovate, collaborate, operate and deliver value is grounded in our core values and shared business ethics.
In addition, in fiscal 2022, we formed a newly structured ESG Executive Committee, made up of a subset of the GMC, accountable for approving strategic global decisions aligned to Accenture’s corporate environmental sustainability commitments and growth objectives. Our ESG Executive Committee and steering committee (which is comprised of leaders across Accenture) meet regularly to monitor our environmental performance, identify improvement areas and elevate matters to the Board as appropriate through the GMC.