Governance Board Oversight on Environmental, Social and Governance Issues Our board is highly engaged in sustainability matters given that our global BOARD environmental and social impact goals are intricately linked to our strategic direction. Our board considers our impact agenda at least annually in connection Responsible for ensuring ESG risks and opportunities are integrated into with the strategic plan. Starbucks long-term strategy. In addition, our Nominating and Corporate Governance Committee is tasked with the responsibility of overseeing the effectiveness of our environmental and NOMINATING AND GOVERNANCE COMMITTEE social responsibility policies, goals and programs, including review of our annual Oversees, reviews and assesses the effectiveness of Starbucks ESG strategies, Global Environmental and Social Impact Report, and make recommendations as policies, practices, goals and programs; annually reviews Starbucks corporate appropriate. political contributions and expenditures to ensure alignment with Starbucks Other board committees are also involved in assessing and managing our policies and values. environmental and social priorities through their oversight responsibilities, including risk management and talent management. COMPENSATION COMMITTEE AUDIT COMMITTEE In addition to board oversight of our environmental and social goals, we regularly engage with informal advisors who are experts and influencers in sustainability. Oversees the development, Oversees certain ESG risks, as part of implementation and effectiveness overall risk management, and also of Starbucks practices, policies and reviews ESG disclosures in SEC filings. strategies relating to human capital management as they relate to Starbucks workforce generally.
ESG Report | Starbucks Page 42 Page 44