Governance, Public Policy And Government Relations
Our governance, public policy and government relations are managed to the success of our business and fulfilling our Board’s responsibilities to our shareholders. The Board’s governance practices align management and shareholder interests, and include the following: independence of the majority of Board members; Board diversity; corporate governance principles; CSR commitments and progress; and executive compensation programs that demonstrate pay for performance. We also have in place stringent ethics and compliance standards, supported by our Worldwide Code of Conduct. We also promote transparency through our Political Contributions Policy and U.S. Government Advocacy Policy. We operate in a complex and dynamic public policy environment. We influence this environment by conducting advocacy efforts with policymakers at national, state and local levels, both in the United States and in our international markets.