● The Nominating and Corporate Governance Committee i s responsible for overseeing and reviewing the Company’s ESG initiatives. For example, at least once per year, senior leaders who oversee the environmental sustainability program provide a report on our performance against our key climate targets. In addition, the committee provides oversight of overall environmental strategy and reviews and guides major initiatives. ● The Audit and Finance Committee ( “Audit Committee”) o versees our corporate accounting and financial reporting process, including the integration of key ESG topics into our financial filings such as our Form 10-K, filed with the Securities and Exchange Committee (“SEC”), and the appointment of our external auditor to review selected sustainability and climate metrics. The Audit Committee also oversees management’s assessment and mitigation of enterprise risks, which include climate-related risks. In addition, the Audit Committee reviews the Company’s capital structure and financial and treasury policies and strategies, including the issuance of and reporting on the Company’s sustainability bond. ● The Real Estate Committee o versees management’s strategy for providing a safe, healthy environment for our employees to do their best work. The committee approves all significant real estate expansions and reductions and the process it oversees incorporates sustainability criteria as part of initial site search, prioritizing green-certified buildings and leasehold improvements and negotiating green lease terms for new and existing buildings. 3.2 Management ownership V2MOM organizational alignment process Our business and growth strategies, including both our long-term strategy and day-to-day operations, are informed by our core values. These values, including our consideration of the impact of climate change and our sustainability strategy, are embedded in the day-to-day operations of our business through an annual organizational alignment exercise known as our V2MOM. The V2MOM is an internal management tool used by all employees which incorporates our vision, values, methods, obstacles and measures for each fiscal year. Embedding sustainability into our V2MOM We embed sustainability into our corporate V2MOM because we know climate change can impact all aspects of our business and because all stakeholders have a role to play in climate action. By embedding sustainability at the highest levels of our corporate strategic planning, we consider the impacts of climate change and our impact on the environment when deciding: ● What we do ( our service offerings) ● How we do it ( our operations) ● Our influence (our engagement with customers, suppliers, employees, policymakers and other stakeholders) 8 | Salesforce TCFD Report
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