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✔ | Enhanced oversight of ESG by reorganizing the Board committee structure to make the Corporate Governance and Nominating Committee the Corporate Governance and Sustainability Committee with a restated committee charter that requires management to regularly report on key ESG initiatives; |
✔ | An increasingly diverse Board with the appropriate mix of skills, experience and perspective. Assuming all director nominees are elected at the Annual Meeting, 20% will be women, including the chairperson of our Audit Committee, 50% will be non-U.S. citizens and 10% will be black South Africans. In addition, assuming all director nominees are elected at the Annual Meeting, of the independent directors, 33% will be women; |
✔ | Separation of Chairman and CEO roles enables our Co-CEOs to focus on managing the Company while our independent Chairman takes a more active role in oversight of management and the Company’s overall corporate governance; |
✔ | A commitment by 2022 to link disclosure standards promulgated by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) to our annual comprehensive sustainability report meeting the Global Reporting Initiative (“GRI”) Framework for Sustainability Reporting; |