Return to contents Living our values Strong governance strengthens all aspects of our values and ESG efforts, including our ability to sustain safe workplaces, delight our customers, foster the success of our team members, reduce environmental impacts and ensure we continue to do business the right way. This means not only ensuring compliance with laws, rules and regulations, but also upholding our values, our Code of Business Ethics and our voluntary commitments. Highlights of our governance approach include: Board independence, diversity Executive-level commitment Robust risk management Individual Risk-driven third-party and accountability for ESG and role modeling practices accountability due diligence As a reflection of its importance We recognize that doing We are focused on embedding At GXO, upholding our We hold our partners and to GXO, ESG is overseen by business the right way begins ESG considerations—both risks company values is everyone’s vendors to the same high the Nominating, Corporate with the commitment and and opportunities—into our responsibility. Through our standards to which we hold Governance and Sustainability actions of our leaders. broader risk management and Code of Business Ethics, ourselves—to be truthful, honest Committee of the Board of Role modeling of our business planning processes. company policies and related and ethical in business dealings Directors, which engages values is a central tenet of our For example, the Global Risk training programs, employees and to abide by all applicable with management on a expectations for our leaders. Committee, chaired by our understand how to embed laws and regulations. broad range of ESG strategy, But we are taking this a step Chief Compliance and ESG our values and expectations GXO’s tiered, risk-based risks and opportunities. Our further: We are developing an Officer, brings together cross- into their day-to-day decision- Third-Party Due Diligence eight-member Board includes ESG scorecard tied to GXO’s functional leaders, including making. We also continue to process, overseen by the six independent members. most important ESG issues risk and audit, to understand build our “speak up” culture Ethics and Compliance team, Fifty percent of our board that we intend to incorporate emerging global risks and to encourage employees to applies to all third parties, members are women. into our management address them through embrace the right and the including vendors, agents performance evaluation. enterprise risk management responsibility to report any and consultants. systems and processes. concerns regarding ethical ESG risks will be specifically issues or potential violations of addressed on an ongoing our values or policies without basis as part of this process. fear of retaliation. We describe our commitment to strong governance and how this helps us achieve our business objectives and live our values in the sections that follow. HOME E S G ©2022 GXO Logisitcs, Inc. 2021 ESG Report | 63