exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
CHAIR: Governance & Public 
Affairs Committee 
Board Oversight 
The Board of Directors (Board) sets the tone from the top for GE’s culture. 
GE’s Board has oversight responsibility for management’s establishment 
and execution of corporate strategy. The Board also provides 
independent risk oversight, with a focus on the most significant risks 
facing the company. The Board’s Governance & Public Affairs Committee 
(Governance Committee) strives to maintain an independent Board 
with broad and diverse experience and judgment that is committed to 
representing the long-term interests of our stakeholders. When assessing 
Board composition, the Governance Committee considers a wide range of 
factors including: 
• Creating an experienced, qualified Board with hi
Keyword: governance
the Governance Committee will seek director candidates whose 
experiences support each company’s future strategy and industry 
focus, with the goal of creating dedicated boards of directors with deep 
domain expertise. 
The Board recognizes the long-term interests of the company require 
responsibly addressing the concerns of stakeholders beyond just 
shareholders, including employees, recruits, customers, suppliers, 
communities, government officials and the public at large. 
The Board oversees the execution of GE’s sustainability priorities and 
initiatives as an integrated part of the company’s overall strategy and 
risk management. Matters related to sustainability often span multiple 
functional categories and areas of oversight, and therefore invol
Keyword: governance
The Governance Committee also plays an important role in GE’s 
sustainability oversight, and has primary oversight of GE’s priorities 
and external reporting related to sustainability/ESG matters, as well as 
policies and strategies related to political spending and lobbying, human 
rights, and environment, health and safety. 
Relevant focus areas for the Governance Committee in 2022 included: 
• Safety. Regular updates on safety programs and performance 
throughout GE. 
• Climate policy engagement. Public policy advocacy and lobbying 
related to climate change and the energy transition. 
• Sustainability programs. Sustainability programs and performance, 
and the transition of programs and reporting to each of the three 
planned independent public compa
Keyword: governance
The Governance Committee, composed solely of independent directors, 
oversees the company’s political spending and lobbying activities, including 
external reporting on such activities. This includes political and campaign 
contributions as well as any contributions to trade associations and other 
tax-exempt and similar organizations that may engage in political activity. 
The Governance Committee is responsible for the following: 
• Policy oversight. A yearly review of GE’s political spending policies and 
lobbying practices. 
• Budget oversight. Approval of GE’s annual budget for political activities. 
• Reporting. Reviewing semi-annual updates on political spending, both 
through company expenditures and through the employee-managed 
political action
Keyword: governance
Governance Principles and committee charters, which highlight its role in the oversight of sustainability and climate change-related matters. 
Long Ridge Energy 
Terminal and GE 
commissioned 
and demonstrated 
the first advanced 
class hydrogen-
burning power 
plant worldwide 
using GE’s HA gas 
turbine. 
Board Oversight: Key Areas Related to Sustainability 
FULL BOARD 
• Strategy for the energy transition and climate change, 
including climate-related risks and opportunities 
• GE’s ambition and goals related to greenhouse gas 
emission reductions 
• Sustainability, including external reporting 
• Health and safety of employees and communities 
• Enterprise risk management 
• Developments in ESG reporting and analysis 
• Programs and performance 
•
Keyword: governance
• In coordination with the Governance Committee, oversight 
of external reporting related to sustainability matters and 
data quality related to this reporting 
GOVERNANCE & PUBLIC AFFAIRS 
COMMITTEE 
• Priorities and external reporting related to 
sustainability matters 
• Corporate governance 
• Public policy and government relations activities, including 
political spending and lobbying activities 
• Environmental, health and safety matters 
• Human rights 
• Support of full Board’s oversight on climate change 
MANAGEMENT DEVELOPMENT & 
COMPENSATION COMMITTEE 
• Strategies and policies related to human capital 
management, including diversity, equity and inclusion; 
workplace environment and culture; talent recruitment and 
development; engagement and retention 
• External
Keyword: governance
shareholders, including on governance 
and sustainability matters 
REGULATORS/GOVERNMENT 
AGENCIES 
• Pursuit of honest broker relationships 
with government stakeholders to 
promote collaborative, win-win 
outcomes on sustainability and 
environmental issues 
• Strong partnership on domestic and 
global stage in pursuit of climate change 
and sustainability goals and policies 
• Commitment to regulatory compliance 
and strong performance 
• Engagement to support decision 
makers in sustainability goals, including 
climate change and decarbonization 
• For details on GE activities and 
partnerships in support of government 
goals and climate change policies, see 
pages 89-96. 
COMMUNITIES
• GE locations empowered to support charitable organizations 
based on the needs of the l
Keyword: governance
Supplier Responsibility Governance program, more extensive 
engagement at onboarding, including site audit and continued 
communication and assessment during their time as a GE supplier 
• Access to GE’s open reporting and ombuds system
Integrated Approach to Strategy, 
Risk and Sustainability 
OUR COMPANY STRATEGY FOCUSES ON WHAT IS NEEDED 
TO BUILD A SUSTAINABLE WORLD THAT WORKS. 
The energy transition and the future of flight are critical challenges facing our world, and 
GE has a meaningful role to play in providing global solutions for each. Over the last several 
years, as we considered opportunities and risks across our businesses and industries, we 
have sharpened and standardized our focus on the external dynamics—including markets, 
customers, competitors and chan
Keyword: governance
the Board to review their strategies and operations. Our Governance 
Principles and committee charters define the risk areas for which 
each committee has ongoing oversight responsibility, while the 
Board, as a whole, focuses on the most significant risks facing 
the company. 
We periodically review a range of actual and projected metrics in 
assessing these types of risks and opportunities, including new unit 
equipment sales, power generation by asset type, levelized cost of 
energy, levelized cost of storage, fuel prices (including natural gas 
and hydrogen), pricing for mandatory and voluntary carbon offsets 
or credits, and internal and external modeling. Our consideration 
of top climate-related risks and opportunities also feeds into 
our annual long-term strategy review process, during which our
Keyword: governance
confirmed the existing strong emphasis on governance and ethics, 
and protecting and supporting employees’ safety and well-being, are 
fundamental for the path forward. Those strong cultural pillars will be 
even more important as we continue to bring leading energy transition 
technology forward. Our stakeholders care deeply about how we do that 
and highlight in their feedback that our emphasis on product design and 
lifecycle management, as well as product quality and safety, are critical 
to prioritize across the Renewable Energy and Power businesses. With 
the evolution of a combined energy business portfolio, we look forward 
to the opportunity to take a more holistic approach to further strengthen 
programs in those areas, completely aligning with our ambition to 
advance our leading
Keyword: governance
•  Governance & 
Ethics 
•  Business Model 
Resilience 
•  Health, Safety 
& Well-being 

• Critical 
Incident Risk 
Management 

• Access, 
Affordability & 
Health Equity 
•  Diversity, Equity 
& Inclusion 
• Water & 
Wastewater 
Management 

• Waste & 
Hazardous 
Materials 
Management 
•  Data Security 
• Talent 
Management & 
Engagement 

 


7HA gas turbine 
compressor in 
Greenville, South 
Carolina. 
GE Aerospace 
Climate change, governance and ethics, and product quality and safety 
were the top issues identified by both internal and external stakeholders 
of GE Aerospace. This strong alignment is not a surprise given the nature 
of our business and the critical contribution of each element to safe and 
more sustainable flight. Our commitm
Keyword: governance
•  Governance & 
Ethics 
•  Product Quality 
& Safety 
•  Health, Safety 
& Well-being 
•  Diversity, Equity 
& Inclusion 
•  Supply Chain 
Management 
•  Waste & Hazardous 
Materials 
Management 
• Talent 
Management & 
Engagement
Important to Stakeholders 
Impact on GE 
•  Product Design 
& Lifecycle 
Management 
•  Diversity, Equity 
& Inclusion 
• Product 
Quality & 
Safety 
•  Climate Change 
& Resiliency 
•  Governance & 
Ethics 
•  Health, Safety 
& Well-being 

•  Human Rights 
& Community 
Relations 
• Regulatory 
Engagement 
•  Data Security 
• Talent 
Management & 
Engagement 
•  Supply Chain 
Management

56  |  GE 2022 SUSTAINABILITY REPORT 
GE 2022 SUSTAINABILITY REPORT  |  57  
LEAN MANAGEMENT SUPPORTING SUSTAINABILITY PRIORITIES 
Our St
Keyword: governance
Compliance Governance 
GE has a rigorous compliance governance process, both at a corporate 
and business level. Each business holds a quarterly review board 
meeting, which is attended by the most senior business leaders, 
including the CEO, during which their risk assessment, mitigation 
efforts and other compliance issues are discussed. Additionally, each 
business meets with the company’s Chief Compliance Officer twice 
per year to discuss its risk assessment, any program weaknesses 
or enhancements, and any compliance trends, and reports its most 
significant enterprise risks and compliance issues to the Audit 
Committee on an annual basis. 
At a corporate level, the Chief Compliance Officer holds two to three 
meetings per year with the company’s most sen
Keyword: governance
is managed by defined governance, risk assessment, control 
implementation, and control effectiveness monitoring and metrics. 
GE has implemented a layered defense approach to security, which 
combines multiple mitigating security controls to protect our resources 
and information and improve our cyber resiliency. Our central 
cybersecurity framework reaches our shared services operations 
and the businesses to optimize our protection based on industry 
specific requirements. 
We devote substantial resources to maintaining an information 
technology infrastructure that implements physical, administrative 
and technical controls designed to protect information stored on 
GE’s networks, including customer information, personal information, 
intellectual property and proprie
Keyword: governance
Cybersecurity Governance and 
Leadership at GE 
GE’s Global Chief Information Security Officer (CISO) is responsible 
for developing an information security program that enables business 
leaders to make risk decisions while protecting the business from 
security threats and risks. This program is designed to protect GE’s 
products and information resources, and the information contained 
therein, including employee, customer and supplier information 
stored in GE’s systems. The Global CISO works collaboratively with 
business unit CISOs to analyze cybersecurity and resiliency risks to 
GE; consider industry trends; implement controls, as appropriate, to 
mitigate these risks; and enable business leaders to make risk-based 
decisions. As part of its oversight role
Keyword: governance
Directors through the Governance Committee. This layering of 
review ensures visibility and accountability, cornerstones of our 
EHS program. 
AUDITING AND SELF-ASSESSMENTS 
GE businesses are expected to plan and execute regulatory and risk-
based audits and inspections, and to ensure auditor competence. 
Audits are conducted at a frequency that reflects the inherent risk and 
performance of the operation. Types of EHS audits performed include 
site level self-assessments using EHS Framework 2.0, and business 
level audits reviewing compliance and EHS Management systems. 
Environment 
Our Environmental Program 
As with safety, our Environmental Compliance Assurance program includes multiple levels of assessment, including self-inspections, environmental 
program reviews a
Keyword: governance
how we run our Human Rights program, from our suite of governance documents to our Due Diligence program. This report details our program with 
respect to our own workers, those of our suppliers and the communities affected by GE operations and business relationships. Read our 2021 GE 
Human Rights Report here.
In 2006, GE was among the first American companies to issue a Human Rights Statement of Principles reflecting our commitment, among 
other things, to respect fundamental labor rights including the prohibition of forced and child labor in GE operations and those of 
our suppliers. It is the cornerstone of our global program, grounding our commitment to human rights in the United Nations Guiding Principles 
on Business and Human Rights, the OECD Guidelines for Multinational Enterprises and the Ten P
Keyword: governance
governance priorities.”
Larry Culp  
Chairman and CEO, GE  
CEO, GE Aerospace
“ A strong sustainability and human 
rights program is critical to our 
mission. It is also professionally 
and personally important to 
our employees, communities, 
customers, investors and 
business partners. We strive for 
transparency with our stakeholders 
to hold ourselves accountable and 
to drive continuous improvement.”
Tran Che  
Global Human Rights Counsel, GE
GE and Friends of the 
Global Fight
In 2022, GE joined Friends of the 
Global Fight, an organization 
dedicated to ending the epidemics 
of AIDS, tuberculosis (TB) and 
malaria. Friends of the Global 
Fight works in partnership with 
the Global Fund, a public-private 
partnership, advocating for U.S. 
inves
Keyword: governance
communities we serve. To read more about our governance process, 
please see our GE Human Rights Report.
SALIENT RISKS
A recent company-wide global human rights assessment conducted by 
a leading human rights advisory firm identified four priority issue areas 
for salience and impact—climate and energy; product stewardship; 
worker welfare; and community welfare.
Both worker welfare and community welfare capture the rights of 
stakeholders upstream and downstream throughout the value chain; 
they each also capture the potential to shape the world for good 
through the lens of the UN SDGs.
The analysis of worker and community welfare across our value chain 
resulted in seven salient rights:
• Modern Slavery.
• Child Labor.
• Freedom of Association.
• Just Working Conditions.
• Right to Health: E
Keyword: governance
implemented an extensive Supplier Responsibility Governance (SRG) 
program to build and strengthen an ethical, sustainable and 
transparent global supply chain and establish clear social and 
environmental responsibility requirements for suppliers.
All suppliers must contractually commit to the GE Integrity Guide 
for Suppliers, Contractors and Consultants, which requires suppliers 
to strictly comply with laws and lawful business practices, provide 
a safe and healthy work environment, and meet GE’s standards of 
ethical conduct relating to human rights, the fair treatment of workers, 
environmental protection and resource conservation. The guide also 
provides a strict prohibition on bribery and any form of improper 
payment in connection with any GE procurement, transaction or 
business dealing.
Keyword: governance
Responsibility Governance (SRG) program. 
14 
The number of Total Global Audits is greater than total suppliers reviewed as some suppliers were audited twice (i.e., 
desktop audit due to COVID-19 restrictions followed by on-site visits) or there were return visits to confirm corrective 
actions were completed.
15 
New metric reported in 2020 from SRG program and audits.
16 
Findings identified vary from policy improvements to process changes. GE tracks all issues to closure with verification 
such issues were properly addressed. GE will suspend or terminate a relationship should the supplier fail to implement 
adequate measures as required by the corrective action plan.
Freedom of Association
GE Vernova 
employee in Birr, 
Switzerland.
Respect for freedom 
of assoc
Keyword: bribe
• Bribery of Government Officials
Department, led by the Chief Compliance Officer, take • Protecting Information of Others • Mergers, Acquisitions, and Joint Ventures
steps to explain the Business Conduct Policy through • Celanese-Sponsored Events Guidance
• Respectful Workplace • Non-Disparagement of Competitors
annual training and other internal communications.
• Commercial Bribery
In addition to the Business Conduct Policy, our Chief • Social Media Guidelines • Other Types of Collaborations Among Competitors
Executive Officer, Chief Financial Officer, and Chief • Due-Diligence Onboarding Process and Contracts
Accounting Officer/Controller are also subject to a • Trade Compliance • Output Contracts, Reciprocal Agreements, and MFNs
Financial Code o
Keyword: bribe
topics or risks as they arise. At Celanese, we strive to • Prohibition Against Bribery
• Distributor Arrangements • Swaps, Co-Supply, Offtake, and Tolling Agreements
conduct our business with integrity and hold ourselves
• Tips for Reviewing Third-Party Intermediary Invoices
accountable to the highest ethical standards. The following • Exchanging Information with Competitors, • Trade Associations and Publications
topics are included in our anti-corruption, business code • Travel Guidance Customers, and Suppliers
of conduct, and competition law policies, which serve as
• General Guidelines for Meeting with Competitors Financial Code of Ethics
the foundation for how we strive to conduct business and
Business Conduct Policy
compete in our industry. Our mandatory annual training
courses, which cover each of the topics below, pro
Keyword: bribe
workplace, bribery and corruption, trade compliance,
and competition law, as well as additional topics that • Balancing performance, pressure, and compliance
may be identified through our enterprise risk management
• Careful communications
process. We publish monthly compliance moments Conduct Policy includes questions about compliance Evaluation of Corporate Compliance Programs published
that highlight hot topics globally, and additional • Compliance rules of the road with the company’s anti-money laundering and by the U.S. Department of Justice Criminal Division.
targeted ethics and compliance training is conducted anti-fraud efforts.
• Conflicts of interest
on a regular basis. Corruption risk is typically highest with third parties
• Cybersecurity in APAC
Keyword: bribe
U.K. Bribery Act, and other guidance provided in the
kickbacks. The annual training course on our Business and certain third-party entities.
U.S. Department of Justice settlement documents and
Integrity 33
Celanese 2022–2023 Sustainability IndexPolitical Engagement Policy
German Supply Chain Acts. Additionally, Celanese
recognizes the conflict between Russia and Ukraine and has
As part of our Code of Conduct training, approximately 100% of our
implemented plans to manage compliance in those regions. SASB: RT-CH-530a.1
active, full-time employees were specifically trained on modern
Because Celanese is a global company, we are subject
slavery, preventing discrimination, and human rights issues. Celanese strives to offer fair and transparent educational
t
Keyword: corruption
• Anti-Corruption Policy
• Anti-Discrimination Statement
TWO LEADING BUSINESSES • Celanese Business Conduct Policy
Acetyl Chain
• Celanese Political Contributions
Our Acetyl Chain and Engineered Materials businesses Paints and Coatings, Adhesives, Textiles, • Certification Database
• Climate Policy
design, develop, and manufacture materials that meet a $5.7 billion
Packaging, and Pharma in net sales • Competition Law Policy
wide range of critical needs across most major industries.
• Conflict Minerals Policy and Disclosures
Our sustainable solutions are also designed to help
• Cybersecurity Information and Security Statement
customers address their own sustainability targets without
• Dissolving Wood Pulp – Sustainable Sourcing Policy
compromising quality o
Keyword: corruption
expectations on topics such as a respectful workplace/ Anti-Corruption Policy
non-discrimination, anti-corruption, conflicts of interest, • Investigations • Managing Global Affiliates
competition law, insider trading, human rights, modern • Accurate and Complete Accounting Records
• Labor Practices and Human Rights • Market Allocation and Asset Utilization
slavery, sanctions, and political donations. Our Compliance
• Bribery of Government Officials
Department, led by the Chief Compliance Officer, take • Protecting Information of Others • Mergers, Acquisitions, and Joint Ventures
steps to explain the Business Conduct Policy through • Celanese-Sponsored Events Guidance
• Respectful Workplace • Non-Disparagement of Competitors
annual training and other internal communications.
• Commercial Bribery
In addition to
Keyword: corruption
topics are included in our anti-corruption, business code • Travel Guidance Customers, and Suppliers
of conduct, and competition law policies, which serve as
• General Guidelines for Meeting with Competitors Financial Code of Ethics
the foundation for how we strive to conduct business and
Business Conduct Policy
compete in our industry. Our mandatory annual training
courses, which cover each of the topics below, provide
relevant situational examples to help employees increase • Communication Guidelines
their understanding of how to apply our policies during
• Confidential Information
the course of their jobs and remind them of their In 2022, the completion rate of the Business Conduct Policy,
compliance obligations. • Conflicts of Interest
antitrust and competition laws, and anti-c
Keyword: corruption
training courses on the Business Conduct Policy, are determined based on relevant risks informed by face anti-corruption or competition law risks, have completed
antitrust/competition law, and anti-corruption. In whistleblower hotline reports or emerging risk trends.
anti-corruption and competition law training.
addition, the Compliance Department delivers quarterly In 2022, we sent information on the following topics:
micro-learnings on a variety of topics including respectful
• Anti-corruption
workplace, bribery and corruption, trade compliance,
and competition law, as well as additional topics that • Balancing performance, pressure, and compliance
may be identified through our enterprise risk management
• Careful communications
process. We publish monthly compliance moments Conduct Policy includes questions about compliance Evaluation of Corporate Complia
Keyword: corruption
on a regular basis. Corruption risk is typically highest with third parties
• Cybersecurity in APAC and Latin America, including with respect to
ANTI-CORRUPTION
agents that develop new sales and markets, consultants who
COMPLIANCE QUARTERLY TRAININGS
• Gifts and entertainment
interact directly with government officials, and state-owned
Celanese has robust anti-corruption policies, internal
In 2022, we hosted quarterly trainings, which included • Record Retention Policy controls, and training programs tailored to our risk entities in high-risk industries. Our corruption screening
process is layered and includes risk-tiering, questionnaires,
three 30-minute sessions per topic. During 2022 and the • Respectful workplace profile. Our third-party due diligence process is des
Keyword: corruption
first half of 2023, approximately 1,000 employees attended to mitigate the potential for corruption issues based on
regular monitoring, and contractual terms. For example,
various topics for the optional training, including: • Unethical behavior the geographies in which we operate. As part of the risk
promptly after we closed the acquisition of the M&M
mitigation procedures, Celanese conducts appropriately
• Anti-corruption business, we worked to integrate third-party intermediaries
tailored diligence on high-, medium-, and low-risk
ANTI-MONEY LAUNDERING AND FRAUD into the program and conduct due diligence. In addition,
• Competing ethically third parties and business partners. Subsequent steps are
we also provide supplemental awareness training and offer
based on the type of service provided and risk profile. To
• Cybersecurity and comp
Keyword: corruption
guide our assessment of risk related to corruption in the
employees and third parties to act in good faith to help issues that may conflict with our Code of Conduct.
• Respectful workplace countries where we operate, we utilize the Transparency
prevent, detect, and report activities that may be or
International Corruption Perceptions Index, the Resource
appear to be illegal or fraudulent, including dishonestly Our IA function periodically reviews the company’s
Guide to the Foreign Corrupt Practices Act published
obtaining money by hiding it within legitimate economic compliance with its anti-corruption program. The
by the U.S. Department of Justice and the Securities
activities to make them appear legal. The company audit scope includes a risk-based review of gifts and
and Exchange Commiss
Keyword: governance
Our Environmental, Social, and Governance (ESG) Council routinely
undertakes extensive research and consultation to continuously improve
Advancing Safe and Sustainable Investing in Our
our sustainability program at Celanese. This involves mapping standards
and metrics from SASB, Global Reporting Initiative (GRI), the American Customer Solutions People and Communities
Chemistry Council (ACC), and the European Chemical Industry Council
(Cefic). We also leverage our strategic Sustainability Framework to help
us accelerate safe and sustainable solutions through chemistry. Within the • Circular Economy • Human Capital
framework, we identify Priority Topics through stakeholder engagement
• Chemical Safety • Safety and Stewardship
and alignment with chemical industry best practices.
• Su
Keyword: governance
ESG Council members analyze ESG risks and their interdependencies. • Climate and Air Emissions • Corporate Governance
The workshop also provides a forum for the Council to annually evaluate
and Risk Management
our Priority Topics in the context of evolving risk and business objectives. • Energy
• Cybersecurity
In 2022, we began the process of developing a corporate environmental • Water
reporting standard to enhance our disclosure processes and to drive consistency
• Waste
across our businesses and acquisitions. This document aims to provide clear
definitions and methodologies for collecting data at both the facility and
corporate levels. We continue to identify pathways to align our business
practices with a sustainable future.
Overview 3
Celanese 2022–2023 Sustainability IndexSustainability Highlights
ADVANCING SAFE AND SUSTAINABLE CUSTOMER SOLUTIONS IN
Keyword: governance
GOVERNANCE Disclose the organization’s governance around climate-related risks and opportunities.
The full Board has oversight responsibility for climate policy and strategy, and receives reports at least quarterly from 2023 CDP Climate Change Response C1.1a, C1.1b, C1.1d
the Environmental, Health, Safety, Quality, and Public Policy (EHSQPP) Committee. The EHSQPP Committee also
2023 Proxy Statement pp. 1, 7–8, 29–33
oversees the development, implementation, and monitoring of GHG reduction and energy targets in manufacturing
and production processes. Corporate Governance Guidelines, Section A
Describe the Board’s oversight
The Nominating and Corporate Governance (NCG) Committee of the Board oversees reporting on ESG metrics, including 2022–2023 Sustainability Report: Overseeing Sustainabil
Keyword: governance
ity Risk Through Governance
of climate-related risks and
oversight on reporting frameworks such as SASB and TCFD and annual limited external assurance of environmental metrics.
2022–2023 Sustainability Index: Governance Structure Flow Chart
opportunities.
Six members of the Celanese Board have experience with complex environmental regulation and sustainability-focused strategy,
including climate-related risk management. Two of the members have specific climate-related risk management expertise through
their professional experience and have held positions with oversight responsibility for understanding climate risks and developing
mitigation strategies.
The Celanese CEO, who is also the Chairman of the full Board, established the ESG Council. The ESG Council’s recomme
Keyword: governance
Describe management’s 2022–2023 Sustainability Report: Overseeing Sustainability Risk Through Governance
database, evaluate meaningful reduction targets, and develop a GHG abatement strategy. These efforts led to Celanese announcing
role in assessing and managing
GHG emissions reduction targets in early 2022. At least quarterly updates are provided to the Board on ESG topics, including
climate-related risks and
climate. The ESG Council Climate Working Group, co-chaired by our Chief Procurement Officer and VP, Global Government Affairs,
opportunities.
focuses specifically on climate-related issues and typically meets biweekly to develop and implement a comprehensive strategy to
reduce the Celanese carbon footprint.
OVERVIEW SASB TCFD UN SDGS CUSTOMER SOLUTIONS ENVIRONMENT PEOPLE AND COMMUNITIES INTEGRITY ADDITIONAL REPORTING 10
Celanese 2022–2
Keyword: governance
2022–2023 Sustainability Report: Overseeing Sustainability Risk Through Governance
year. In 2022, we enhanced our risk definitions to include risks related to our recent M&M acquisition.
Climate-related risks and opportunities identified that could have a substantive financial or strategic impact are integrated into 2023 CDP Climate Change Response C2.1, C2.2, C2.2a
our overall corporate enterprise risk management processes. We consider short-, medium-, and long-term risks across our direct
Describe Celanese processes for 2023 Proxy Statement pp. 32–36
operations, downstream, and upstream. Risk and remediation status are tracked throughout the year with quarterly certifications
managing climate-related risks. 2022 Form 10-K pp. 13–14
by the executive leadership team for major enterprise-level risks. We plan on continuing
Keyword: governance
the enterprise risk management program for 2023. 2022–2023 Sustainability Report: Overseeing Sustainability Risk Through Governance
Describe how processes for 2023 CDP Climate Change Response C1.1b, C2.1, C2.2
identifying, assessing, and
Our process for identifying climate-related risks is integrated into our multi-disciplinary, company-wide risk management process. 2023 Proxy Statement pp. 32–36
managing climate-related risks
For major risks, assigned owners are tasked with developing and executing remediation plans. 2022 Form 10-K pp. 13–14
are integrated into overall
Celanese risk management. 2022–2023 Sustainability Report: Overseeing Sustainability Risk Through Governance
2023 CDP Climate Change Response C4.1b, C4.2, C4.2b, C8.2, C8.2a, C8.2c, C8.2d,
Disclose the metrics used by Celanese
C-CH8.2d, C8.2e, C8.2g, C-CH8.3a, C-CH8.3b, C9.1
to assess climate-related ri
Keyword: governance
Governance Structure Flow Chart
Corporate Governance and Risk Management – Cybersecurity
BOARD OF DIRECTORS
DISCLOSURE METRIC SASB 2020 2021 2022
Public Policy
Climate Policy and Strategy
Management Discussion RT-CH- 2020/21 2021–2022 2022–2023
of the Legal of Corporate 530a.1 Sustainability Sustainability Sustainability Charitable Giving and Volunteerism
and Regulatory Positions Related Report, Chemical Report, Operating Report, Operating
Environment to Government Safety With Integrity With Integrity
Regulations
2020/21 Political Political
and/or Policy
Sustainability Engagement Policy Engagement Policy EHSQPP COMMITTEE[1] CMD COMMITTEE[2] NCG COMMITTEE[3] AUDIT COMMITTEE
Proposals
Report, Integrity
that Address 2022 CDP Climate 2023 CDP Climate
Env
Keyword: governance
[3] Nominating and Corporate Governance Committee
ESG COUNCIL
BUSINESS AND FUNCTIONAL EXPERTS
OVERVIEW SASB TCFD UN SDGS CUSTOMER SOLUTIONS ENVIRONMENT PEOPLE AND COMMUNITIES INTEGRITY ADDITIONAL REPORTING 30
Celanese 2022–2023 Sustainability IndexCORPORATE GOVERNANCE POLICIES THE ESG COUNCIL MEMBERS LEGAL AND REGULATORY COMPLIANCE
approach to governance, and other developments.
AND RESPONSIBILITIES
We plan to further engage our customers, employees,
At Celanese, we are committed to maintaining shareholders, suppliers, and communities strategically SASB: RT-CH-530a.1
effective corporate governance systems and have several Our ESG Council consists of a cross-functional team of
across our Priority Topics.
policies in place that promote the long-term interests senior leaders from e
Keyword: governance
• Corporate Governance Guidelines
safeguarding information about our employees, customers, strives to operate in a safe and responsible manner across
STAKEHOLDER ENGAGEMENT
• Director Independence Standards and suppliers; and preserving the trust of parties with the globe and to align with evolving international
whom we do business. guidance on topics such as forced labor, human rights,
• Lead Independent Director Policy We regularly engage in dialogue with our customers,
and environmental sustainability.
employees, shareholders, suppliers, and communities • Data Privacy
• Nominating and Corporate Governance
across Priority Topics to align our sustainability approach
Committee Charter • Information Management
to stakeholder key interests. For example, our shareh
Keyword: bribe
these relationships. These risks include bribery/
corruption, trade compliance, and human rights. 
Before entering into any agreement with a 
commercial party, we conduct a risk assessment 
based on the location of the commercial party, 
the type of relationship formed, what is being 
sold to or created with the party, and whether the 
commercial party will be authorized to represent 
GE Vernova in the market. Based on this risk 
analysis, we perform standard or heightened 
due diligence on the commercial party. 
KNOW YOUR SUPPLIER (KYS)
All prospective suppliers undergo a KYS process 
before signing an agreement with GE Vernova. 
The KYS Enterprise Standard defines the 
minimum compliance requirements for supplier 
due diligence to address potential risks within 
these relationships. Th
Keyword: bribe
ese risks include bribery/
corruption, trade compliance, human rights, 
cybersecurity, data privacy, and EHS. We assess 
each supplier individually based on detailed risk 
criteria, including the supplier’s location, type, 
amount of work, and product or service provided. 
Based on the risk, suppliers undergo standard 
or heightened due diligence. 
If an issue is identified with the commercial party 
or supplier through our due diligence process, 
the issue must be examined, documented, and 
resolved in consultation with the appropriate 
Compliance/Legal leader. If the review concludes 
that the issue cannot be remediated, appropriate 
steps (up to and including termination of the 
engagement) are taken.
ANTI-CORRUPTION AND BRIBERY 
The Justice Department and the U
Keyword: bribe
anti-corruption and anti-bribery compliance is 
a key element of our compliance program and 
represents our central belief in how we should 
OUR APPROACH
We have a focused training and communications plan to educate employees about the risks associated with their work.
do business. In short, we prohibit bribery in 
all business dealings, in every country, both 
with governments and the private sector. This 
prohibition applies to GE Vernova employees, as 
well as external parties who work for or represent 
GE Vernova. We maintain strong controls aimed at 
preventing and detecting bribery. Our approach 
to compliance in this area is multifaceted, and 
incorporates the following: 
	
բ Corporate policies and procedures that 
prohibit improper payments in every 
transaction,
Keyword: bribe
Description of policies and practices for prevention of: (1) corruption and bribery and  
(2) anti-competitive behavior
Discussion and Analysis
n/a
RT-EE-510a.1
Ethics and Compliance, page 86
Total amount of monetary losses as a result of legal proceedings associated with bribery or corruption
Quantitative
Reporting currency
RT-EE-510a.2
No legal proceedings associated with bribery or corruption are disclosed in the 
Sustainability Report or Form 10.
Total amount of monetary losses as a result of legal proceedings associated with anti-competitive 
behavior regulations
Quantitative
Reporting currency
RT-EE-510a.3
No legal proceedings associated with anti-competitive behavior are disclosed 
in the Sustainability Report or Form 10.
Introduction        Control Room        Electrify        Decarbonize        Conserve        Th
Keyword: corruption
corruption, trade compliance, and human rights. 
Before entering into any agreement with a 
commercial party, we conduct a risk assessment 
based on the location of the commercial party, 
the type of relationship formed, what is being 
sold to or created with the party, and whether the 
commercial party will be authorized to represent 
GE Vernova in the market. Based on this risk 
analysis, we perform standard or heightened 
due diligence on the commercial party. 
KNOW YOUR SUPPLIER (KYS)
All prospective suppliers undergo a KYS process 
before signing an agreement with GE Vernova. 
The KYS Enterprise Standard defines the 
minimum compliance requirements for supplier 
due diligence to address potential risks within 
these relationships. These risks in
Keyword: corruption
corruption, trade compliance, human rights, 
cybersecurity, data privacy, and EHS. We assess 
each supplier individually based on detailed risk 
criteria, including the supplier’s location, type, 
amount of work, and product or service provided. 
Based on the risk, suppliers undergo standard 
or heightened due diligence. 
If an issue is identified with the commercial party 
or supplier through our due diligence process, 
the issue must be examined, documented, and 
resolved in consultation with the appropriate 
Compliance/Legal leader. If the review concludes 
that the issue cannot be remediated, appropriate 
steps (up to and including termination of the 
engagement) are taken.
ANTI-CORRUPTION AND BRIBERY 
The Justice Department and the U.S. Securiti
Keyword: corruption
a strong anti-corruption program – standing firmly 
against improper payments. Our commitment to 
anti-corruption and anti-bribery compliance is 
a key element of our compliance program and 
represents our central belief in how we should 
OUR APPROACH
We have a focused training and communications plan to educate employees about the risks associated with their work.
do business. In short, we prohibit bribery in 
all business dealings, in every country, both 
with governments and the private sector. This 
prohibition applies to GE Vernova employees, as 
well as external parties who work for or represent 
GE Vernova. We maintain strong controls aimed at 
preventing and detecting bribery. Our approach 
to compliance in this area is multifaceted, and 
incorporates the
Keyword: corruption
practices and anti-corruption.
GE Vernova Integrity Guide for Suppliers, 
Contractors, and Consultants  
VOICE OF INTEGRITY: OPEN REPORTING 
Every employee is responsible for integrity and 
serves as the best line of defense for detecting 
potential issues early. We expect our leaders 
to foster an environment where employees are 
encouraged to raise concerns about integrity 
without fear of retaliation. Open Reporting 
activity is one of the best indicators of a culture 
of integrity and employee engagement on 
compliance priorities. 
We manage reporting of employee concerns 
through our Global Open Reporting program. 
Under the program, employees are required 
to submit concerns about potential violations 
of law, regulation, or company policy through 
one of the ava
Keyword: corruption
Description of policies and practices for prevention of: (1) corruption and bribery and  
(2) anti-competitive behavior
Discussion and Analysis
n/a
RT-EE-510a.1
Ethics and Compliance, page 86
Total amount of monetary losses as a result of legal proceedings associated with bribery or corruption
Quantitative
Reporting currency
RT-EE-510a.2
No legal proceedings associated with bribery or corruption are disclosed in the 
Sustainability Report or Form 10.
Total amount of monetary losses as a result of legal proceedings associated with anti-competitive 
behavior regulations
Quantitative
Reporting currency
RT-EE-510a.3
No legal proceedings associated with anti-competitive behavior are disclosed 
in the Sustainability Report or Form 10.
Introduction        Control Room        Electrify        Decarbonize        Conser
Keyword: tax
other tax-exempt and similar organizations that may 
engage in political activity.
  SAFETY AND SUSTAINABILITY  
COMMITTEE
Responsible for overseeing the company’s 
environmental, health, and safety programs and 
initiatives, as well as sustainability matters, including 
those related to environmental issues and climate 
change. The committee reviews external sustainability 
reporting, including the disclosure of climate change 
risks and opportunities and other sustainability 
issues, as well as significant political, legislative, 
regulatory, and public policy trends in sustainability 
that could affect the company’s business operations, 
performance, and reputation.
	
AUDIT  
	
COMMITTEE
Has a role in sustainability matters to the 
extent these
Keyword: tax
of the recently enacted clean-energy tax credits 
and infrastructure legislation. We believe these 
laws will help to enable a sustainable, reliable, 
and secure Energy Transition while supporting 
American economic growth and job creation. 
We continue to engage Congress on additional 
legislation that can advance electrification  
and decarbonization.
When engaging executive agencies and 
Congress, we seek to ensure that the policy 
recommendations we provide support the 
realization of the goals set forth in the Paris 
Agreement. We also seek to constructively 
recommend policy choices that ensure the 
deployment of electricity systems that can support 
lower-carbon grids now and into the future.
The construction of our global Government 
Affairs and Policy (GA&P) team bolster
Keyword: tax
technology, infrastructure, tax and appropriations 
committees, as well as where the company has 
its commercial offices and manufacturing facilities 
around the country. The Executive branch 
Departments of Energy, Interior, State, Treasury, 
Environmental Protection Agency, and Executive 
Office of the President are important partners in 
our innovative deployment of more sustainable 
products and services within the U.S. and around 
the world. Regulations with the potential to affect 
GE Vernova and its customers require us to follow, 
analyze, and respond to them as necessary, 
to agencies including, but not limited to, the 
Environmental Protection Agency (EPA), the 
Federal Energy Regulatory Commission (FERC), 
and the Securities Exchange Commission (SEC). 
When we
Keyword: tax
U.S. tax credit for CCS.
In the international arena, we partner with the 
Atlantic Council, a non-partisan organization 
which focuses on the Atlantic Community and 
takes a leading role in convening thoughtful 
dialogues to meet pressing global challenges, 
particularly in the energy sector. Our CSO 
serves on the board of directors of the Atlantic 
Council. In 2023, we participated in a discussion 
with the UK Secretary of State for Energy 
Security and Net Zero, and in a workshop 
with Ukraine’s Deputy Energy Minister on how 
the reconstruction of Ukraine can strengthen 
European energy security.
We are also a founding member of Corporate 
Coalition for Innovation & Technology toward 
Net Zero (CCITNZ), a cross-sector business 
alliance dedicate
Keyword: tax
guidance on the U.S. clean-energy tax credits.
We serve on the Board of Directors of ClearPath, 
an entrepreneurial, strategic non-profit organization, 
whose mission is to accelerate American 
innovation to reduce global energy emissions 
by developing cutting-edge policy solutions 
on clean energy and industrial innovation. 
where all amounts contributed are eligible for the 
deduction, an indication that no contributed funds 
constituted non-deductible contributions). 
OUR POSITION ON CLIMATE 
DISCLOSURE REGULATIONS
GE Vernova supports efforts to improve climate 
disclosure – including emerging regulations 
in the U.S., UK, European Union, and other 
jurisdictions – that focus on disseminating 
material information, aligning existing reporting 
frameworks, and recognizing t
Keyword: tax
success of the IRA tax credits by 
providing a constructive voice on 
permitting reform.
BRT also expressed its urgent 
concern on the final EPA 
Greenhouse Gas rule affecting the 
power sector, which could result in 
the retirement of many large-scale 
dispatchable generation resources. 
BRT urged the EPA to build 
additional flexibility to mitigate the 
risk of the potential reliability issues 
and to harmonize the compliance 
dates and retirement options among 
all rulemakings to provide more 
certainty for developing compliance 
strategies that minimize impacts to 
customer costs, maintain reliability, 
and provide for a more balanced 
transformation from fossil fuels 
to other generation technology. 
Similar concerns were echoed 
by GE Vernova and numerous
Keyword: tax
clean energy tax incentives and effectively the 
result of broader proposed changes in tax policy 
that affected many of their members. In 2023, 
we continued to work with NAM to help shape 
clean energy tax guidance designed to increase 
the manufacturing of innovative technologies. 
We continued to communicate the importance of 
the clean energy tax incentives and other clean 
energy policies and initiatives. NAM has expressed 
concern with the EPA’s Greenhouse Gas rule 
for new and modified power plants because of 
the dearth of necessary infrastructure required 
to support the proposed timeline embodied in 
the regulation. Similar concerns were echoed 
by GE Vernova and numerous other industry 
stakeholders who questioned several of the 
agency’s techn
Keyword: tax
the clean energy tax incentives. The reasons 
for this opposition were concerns over 
broader tax policies that affected many of 
the Chamber’s members. Throughout 2023, 
GE Vernova continued to communicate the 
importance of the clean energy tax incentives 
and other clean energy policies and initiatives 
with the Chamber. 
Since the enactment of the IRA, the 
Chamber has engaged constructively on the 
implementation of clean energy tax credits and 
has supported policies to enable the success 
of these credits, such as permitting reform for 
clean energy projects and critical infrastructure. 
The Chamber also expressed concern with 
EPA’s Greenhouse Gas rule for new and 
modified power plants because of the dearth 
of necessary infrastructure required to 
su
Keyword: tax
stewardship. This includes ensuring a tax 
and finance regime built to enable markets to 
support clean energy deployment that makes 
tangible progress towards reducing pollution.
ACP advocates for policies that follow 
their mission and remove barriers to clean 
power through trade, labor, and economic 
development, transmission and infrastructure 
build out, and siting and permitting reform. 
Additionally, ACP seeks to accelerate the 
growth of clean power through supportive  
tax, finance, and market policy, the setting 
of federal and state clean energy targets, 
and workforce development. 
ALIGNMENT TO THE PARIS AGREEMENT 
AND GE VERNOVA’S CLIMATE POSITIONS 
ACP supports the Paris Agreement and U.S. 
leadership to innovate the technology to 
achieve its goals, including a net