exo-is/governance-reporting-on-listed-companies huggingface dataset:
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1 Pounds of recycled plastic is based on supplier-provided estimates.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 23
Steel and Aluminum As part of our membership in the First Movers Coalition, GM will Alternatives to Leather
commit to purchase:
We engage with our aluminum and steel suppliers to identify, We are actively developing leather alternatives and interior
develop and acquire lower GHG intensity materials and • Crude Steel: At least 10% of the crude steel used in trim options using plant-based bio-materials. This includes
products. We are working to understand our suppliers’ long- manufacturing the sheet steel products that GM directly incorporating renewable materials into plastic roll goods,
term plans to achieve carbon neutrality for those materials purchases for our U.S., Canada and Mexico manufacturing
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Nucor, U.S. Steel and ArcelorMittal for lower emission steel made from recycled content.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 24
Share and Maintain
In 2023, GM introduced a program that repurposes
GM offers fleet customers the option to lease vehicles without the components from EoL vehicles. These engineering-
responsibility of full ownership. In 2023, GM was number one in
approved parts are then sold to customers who
commercial fleet deliveries with total sales up 20% year over year.
are in need of them. Additionally, we are actively
In addition, GM offers innovative tools to help customers manage
their vehicles throughout their entire life cycle. exploring ways to recycle metal wheels and reuse
tires when a customer chooses to outfit their vehicle
Through OnStar, GM offers vehicle diagnostics to deliver vehicle
with accessor
Keyword: governance
used-vehicle market.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 25
Recycling: Battery Life Circularity by the Numbers
Cycle Management
3K+
GM’s EV battery life cycle management program is an
important element in our commitment to a circular economy
and a zero emissions future. It helps reduce energy and metric tons of lithium
resource use throughout the battery supply chain and batteries recycled from small
increases sustainability across the vehicle’s life, from design consumer size to EV size in
to EoL. the United States
As we work to make our battery supply chains more sustainable,
we are engaging with our cell and cathode manufacturers and
global recycling partners to establish environmentally and
technologically sound pathways for recycled material from our 700K
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(Right) Ultium Cells Warren, Ohio.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 26
Waste GM’s Zero Waste Performance Waste Initiatives Around the World
(Compared to Baseline)
We have implemented a range of innovative projects to design out
85.8% 92.2% 94.6% 90% waste and improve reuse and recycling across the globe.
We operate in a resource-intensive industry, so it is 77.7%
• GM collaborated with NexTiles, a Detroit-based textile recycling
important to integrate circular design thinking into
company, to recycle 104 metric tons of expired COVID personal
our product development and facility operations.
protective equipment (PPE).
• GM Argentina, Colombia and Brazil have implemented a special
Our Strategy requirement for construction and demolition waste. This
waste undergoes a separa
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Read more about our China JVs in the GM China Sustainability Report.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 27
Collaborations to Accelerate Progress Using Sustainable Packaging Manufacturing Reuse Practices
on Waste GM is focused on innovation and embedding circular principles In 2023, we reused approximately 2,500 tons of asphalt
into packaging procurement and design. As part of this work, pavement from the test track refurbishment at our Proving
We have a number of collaborations in place to maximize our we aim to have 100% returnable, viably recyclable, reusable or Ground Cruz Alta in Brazil to improve the ground in the
reach and our waste reduction efforts. compostable packaging by 2030. surrounding maintenance work area, reducing disposal costs.
• DOE’s Better Plants program: We have partnered to help lea
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1 Self-reported by supplier.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 28
Water Managing Water Global Water Intensity1
(m3/Vehicle)
We are committed to identifying and implementing ways to
6.02
reduce our operational water use. We do this by prioritizing 5.71
5.49
Water is a scarce resource and a critical component high-consumption areas, such as paint shops and cooling towers,
5.02
for our facilities around the globe. adhering to targets and quality control plans in our decision
making process, integrating water-saving measures into new
processes and retrofitting technology during facility upgrades.
3.71
We are committed to managing water use in our facilities Additionally, the World Wildlife Fund (WWF) Water Risk Filter helps
efficiently and responsibly, particularly in w
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were updated to reflect these changes.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 29
Water Projects Around the World testing, several high-volume rinse water nozzles were Engagement on Water Security
replaced with low-flow units, resulting in a 50% volume
We manage water locally, with each facility setting its own annual reduction of 0.1 m3 of water per vehicle in the Arlington In 2021, we signed the CEO Water Mandate, a UN Global Compact
improvement targets in line with the level of water stress in Paint Shop. We plan to implement the nozzle change initiative. In doing so, we joined other global business leaders in
the area. globally in 2024. addressing key challenges around water security. We are mapping
our water progress and achievements against the mandate’s six
North America: •
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(Below) Wastewater Treatment Plant at GM Sao Jose dos Campos, BrazilIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 30
Another collaboration with the WHC was the GM Biodiversity by WHC Awards
Nature
Design catalog. The catalog shares best construction practices that
integrate green design into new builds, retrofits, expansions and In 2023, WHC recognized the GM Ecuador Quito Assembly
land management at GM facilities. We have incorporated these plant as the winner of the Other Habitat Project Award. The
We rely on the natural world for many of the best practices into our facility transformations. They include an project focused on the recovery of the Paramo, an alpine
materials used in our products, including metals eco-friendly lighting strategy with energy-efficient LED lighting, as tundra ecosystem found in the Ande
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programs, which are considered exceptional by the WHC.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 31
Managing Deforestation Conservation Projects in South America
The world relies on forests and the role they play in climate We continue working on regional programs that help
change mitigation and adaptation. At GM, we understand the restore and protect key ecosystems on the continent
protection of forests and other natural ecosystems is critical for through watershed conservation in the Andes mountains
maintaining biodiversity and safe and stable climate systems, and and forest restoration in the Amazon. In the Andes,
sustaining livelihoods. we support local water funds linked to The Nature
Conservancy in three countries. This initiative is, in
Through GM’s WHC-Certified program, GM has six WHC Fores
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Pantanal biome and local culture.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 32
GPSC Priority Wheel
Strong Supplier
Relationships
Our vision of a zero emissions future relies on broad-
scale commercialization of EVs. That future depends
on a supply chain that can provide the necessary
components and materials, including advanced
batteries and other technologies.
Our extensive global supply chain encompasses a vast network of
businesses, forming the foundation of our operations. Managed by
our Global Purchasing and Supply Chain (GPSC) organization, these
relationships are critical for product quality, availability, affordability
and sustainability. As we aim to be the preferred customer for
suppliers we continuously enhance our competitiveness, mitigate
risks, and optimize quality
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1 For 2023 reporting, includes direct material, CCA and logistics.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 33
Our Supplier Code of Conduct sets out our approach to ethical
Supply Chain
practices. This includes our prohibition of child labor or any 4,693 suppliers participated in self-verification
other form of forced or involuntary labor, abusive treatment of compliance surveys in 2023.
Compliance
employees or corrupt business practices.
We aim to remedy supplier nonconformance to our policies and
87% of approximately 4,000 supplier locations
Supplier Code of Conduct. If we cannot mitigate the risk, we re-
We hold our suppliers to high standards of
evaluate the business relationship. are third-party certified to the IATF 16949
excellence and ethical conduct, expecting them to
Quality Standard.
Our expectation
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2021 CHRB Disclosure. otherwise identified with suppliers.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 34
Sourcing Strategic Raw
Materials
In 2023, GM and POSCO Future M announced the second phase
of their Ultium CAM JV, expanding the EV battery supply chain
Enhancing visibility and traceability is critical to in North America with a new integrated cathode active material
building a resilient and sustainable supply chain. (CAM) and precursor processing complex. The JV will support the
goal of producing approximately 360,000 Chevrolet, Cadillac,
GMC, Buick and BrightDrop EVs annually in the 2025—2030
To manufacture our EVs, we rely on various minerals and materials timeframe in North America.
including cobalt, aluminum, battery-grade nickel, lithium and
others. We pursue responsibly sourced materials at al
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dioxide emissions when compared to traditional processes.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 35
Responsibly Sourced Minerals Due Diligence on Future Technology
Many advanced technologies, including EVs, rely on minerals and We are constantly evaluating new technologies through,
materials potentially mined in conflict-affected and high-risk areas among others, the lens of sustainability and human rights. As
or otherwise posing an elevated risk of potential human rights one example, we understand that the practice of commercial-
impacts. As a result, we actively prioritize responsible sourcing scale deep-sea extraction is not yet commercially viable, but
practices and conduct due diligence to help promote ethical and The Responsible Minerals Initiative (RMI) validates that SORs nevertheless remain
Keyword: governance
of the Congo.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 36
We continue to invite Tier I suppliers to sign GM’s Supplier Pledge.
Integrating
This pledge holistically embraces sustainability and asks our By the end of 2023, 71% of our direct and logistics
suppliers to: suppliers, by budgeted annual purchase value, had
Sustainability Into Our
committed to the Pledge.
• Commit to carbon neutrality for their Scope 1 and Scope 2
Supply Chain emissions relevant to products or services they provide us
• Achieve or exceed a minimum EcoVadis score of 50 by
2025 in the areas of Labor and Human Rights, Ethics and
We envision an all-electric future for everyone. Our Sustainable Procurement
suppliers’ commitment is a critical component of our
vision of a world with zero cr
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1 Applies to products and services provided to GM.Introduction Strategy Environment Innovation Social Governance Appendix
Communicating Sustainability Goals Our GM Supplier Pledge Guide and Supplier Sustainability Goals
Framework for our Tier I suppliers communicate our supply
GM’s Supplier Sustainability Goals Framework enables us to assess chain goals, priorities and processes. Our Framework includes
sustainability within our Tier I supplier community, including SSE increasing levels of engagement from our suppliers with four
and key indirect and logistic suppliers. Additionally, it creates a distinct levels: compliance, commitment, growth and leadership.
pathway for GM suppliers to take increasingly bold steps toward a The Framework allows for supplier-specific goals based on their
more sustainable future. priority assessments.
GM Supplier Sustain
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enrolled suppliers.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 38
Assessing Performance CDP Supply Chain Response1
We use the EcoVadis platform to assess supplier management
Climate Response Water Response
systems to support environment, labor and human rights, ethics
and sustainable procurement. See Supply Chain Compliance.
By the end of 2023, 88% of our direct and logistics suppliers, by
budgeted annual purchase value, had enrolled in the EcoVadis
platform. The average score of all GM’s rated suppliers is 52 out
of 100.
CDP Supply Chain Initiative
88% 71% 41%
We have participated in the CDP supply chain survey since 2013
and have collaborated with CDP and our suppliers to reduce
response rate from response rate from of suppliers engaging
environmental impact.
enro
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1 Data obtained from CDP.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 39
Supply Chain Engagement Programs Training Programs and Workshops
We provide external training to support suppliers in the areas of
Engagement GM Supplier Business Council (SBC)
environmental management, workplace conditions, sustainability,
ethics and human rights.
The GM SBC consists of key suppliers who meet throughout
the year with our GPSC Leadership Team, led by GM’s vice
Our eLearning tool PEERS, Platform for ESG Educational
The GPSC Team advances how GM and our suppliers president of GPSC. The SBC includes the Sustainability Sub-
Resources for Suppliers, aims to support our suppliers in
achieve mutual success by providing better product Council, comprising of SBC and non-SBC members recognized
Keyword: governance
Maps supplier program.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 40
Collaborating With Our Industry Key Industry Collaborations Sustainability in Logistics
We work closely with many industry and supply chain-focused GM actively participates in freight sustainability programs,
organizations, including the Automotive Industry Action Group Automotive Industry Action Group (AIAG) such as the EPA’s SmartWay Partnership, which we have been
(AIAG), in which we actively participate in the Responsible a proud member of since 2013.
Materials Work Group, several of its subgroups and sit on the Global Platform for Sustainable Natural Rubber (GPSNR)
We increased our engagement with the SmartWay program by
Corporate Responsibility Steering Committee. AIAG fosters
Initiative for Res
Keyword: governance
working conditions.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 41
Supply Chain Disruption How We Monitor and Manage Supply Chain Risks
Supply chain visibility is key to proactively
identifying and mitigating sustainability risk
and impacts.
Senior leadership review at least Cross-functional meetings Board’s Risk & Cybersecurity
Our in-house supply chain visibility tool integrates GM plants,
four times per year Committee
Tier I, II and III suppliers, and logistics nodes to map geographic
locations and relationships across our global supply chain. The tool
also maps and monitors supply chain disruptions, potential human
rights issues worldwide and sustainability related events, including
those affecting members of our supply chain.
Through our monitoring process, we c
Keyword: governance
fire, labor strike)Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 42
Innovation
We focus on what matters: safety, accessibility,
affordability and profitability. Our innovations around
electrification and mobility include electric vehicles
(EVs) and charging infrastructure, autonomous
vehicles (AVs) and delivery vehicles with zero tailpipe
emissions. This is the future and we are leading
the charge.
In This Section
Advancing Electrification and Autonomy 43
Chevrolet Blazer EVIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 43
Advancing
By 2025, we aim to have EVs in segments that cover
a majority of U.S. industry volume.
Electrification and
Autonomy
Innovating Battery Technology
GM has more than 100 years of manufacturi
Keyword: governance
the vehicle daily to 80%Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 44
An Electric Ecosystem, Reimagined Beginning in 2024, vehicle-to-home (V2H) bidirectional charging • GM announced its plan to integrate the North American
capability will be available on a range of GM EVs, and the products Charging Standard (NACS) into its EVs beginning in 2025 with
At GM, we are dedicated to making the transition to EVs as easy to enable it will be part of GM Energy’s residential product plans to expand access to charging for existing GM EV drivers
as possible. Our goal is to enhance the ownership experience by portfolio. The growing suite of energy management products and at more than 15,000 Superchargers throughout North America
making fleet and energy management as well as home and
Keyword: governance
DC fast-charging stations on the network.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 45
Electrifying Commercial Industries Super Cruise: First True Hands-Free Cruise: Committed to Transparency and
Advanced Driver Assistance System Earning Trust
In 2023, we introduced GM Envolve, a new way of working, focused
on offering U.S. business and government customers solutions to
Cruise is our majority-owned subsidiary responsible for the
help reduce their carbon footprint, optimize fleet operations and At GM, we are committed to the safe deployment of current and
development and commercialization of AV technology. From the
improve driver safety. Through GM Envolve, customers gain access future advanced driver assistance systems (ADAS). That includes
beginning, Cruise’s mission has been to improv
Keyword: governance
and Lane Change on Demand are not available while trailering.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 46
ADAS: Leveraging Renowned Research UMTRI continue to collect data to analyze the performance and
field effectiveness of a wide range of GM ADAS technologies as Effectiveness of ADAS1,3
We work with world-class research institutes to study how police report data becomes available.
ADAS technologies are making a real-world difference on the path Front Pedestrian AEB (or Forward Automatic
We continue to conduct significant research to determine how
to a world with zero crashes. We collaborate with organizations such Braking reduced Braking) with Forward Collision
best to communicate ADAS alerts to the driver. For example, the
as Virginia Tech Transportation Institute (VTTI), University of Michigan fronta
Keyword: governance
feature limitations and information.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 47
Education and Advocacy
OnStar Emergency Advisors are always available
We recognize the need to keep building public awareness of road to members in times of need with the push of the
America Walks engages the public to advocate for safe,
safety risks by promoting safe driving behaviors. We invest in
red emergency button. In 2023, OnStar Emergency
equitable, accessible and enjoyable places to walk and move.
nonprofit relationships and initiatives to promote good behaviors
With GM’s support, the organization continues to expand public Advisors completed training and certification in
such as seat belt use and educate on the dangers of impaired and
distracted driving. Our current relationships and initiat
Keyword: governance
Automotive Engineers International.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 48
Hydrogen Fuel Cells: The Potential to
Expand Electrification
GM’s hydrogen fuel cell technology, HYDROTEC, allows us to extend
electrification technologies to more industries and a broader range
of applications, from transportation to mobile power generation.
It is well suited as a complement to Ultium batteries, and enables
electrification solutions for the largest of vehicles.
In 2024, GM and Honda launched production of hydrogen fuel
cell systems at our Fuel Cell System Manufacturing LLC 50-50
JV. Systems produced in the Brownstown, Michigan facility will be
supplied to both Honda and GM.
Our focus on transportation modes includes development work
to make medium- and heavy-duty trucks more efficien
Keyword: governance
to enable more cost-competitive sources of renewable hydrogen.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 49
Social
We aspire to make GM the most inclusive company
in the world. We are focused on protecting human
rights and building capacity for our business
partners and communities to fully participate in an
all-electric future.
Social
A Team That Includes Everybody 50
Diversity, Equity and Inclusion (DEI) 54
Supporting Communities 60
Safety 62
Human Rights 69
Chevrolet Bolt EVIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 50
A Team That Includes Recruiting Talented People Leveraging Talent Innovation
We are building a more diverse, equitable and inclusive Innovation is at the heart of transforming GM technologies, and we
Everybody
environment to make a po
Keyword: governance
assessing a candidate.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 51
Engaging Every Employee Unlocking Everybody’s Potential
In 2023, TEP reached 667 students from nine
We are reimagining our talent life cycle strategy and evaluating Learning continues to be a significant enabler of our employees’ countries and three capstone projects were awarded
our systems to ensure that all GM employees feel connected to growth and development. We subscribe to a 70–20–10 philosophy
TEP’s Value Add Award for enhancements and
our purpose and our values through impactful, equitable and of learning, where 70% of learning occurs through on-the-
tangible savings in areas of cost, quality, innovation
inclusive experiences. job experiences, 20% through exposure activities, coaching,
mentor
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To learn more, visit GM Careers.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 52
How We Invest in Learning at GM We encourage employees to build skills and competencies, and seek out unique experiences that interest them and will help them thrive in
their current and future roles. We provide these development opportunities through a variety of programs and tools.
Degreed Technical Learning Talent Spotting Framework Workday Mentoring Platform
(United States)
Degreed is a learning experience platform that Designed to advance our talent planning and Hosted through our Workday platform and open
integrates developmental materials from a The Technical Learning University (TLU) provides development, we have enabled data-informed to global salaried and represented employees, we
number of
Keyword: governance
and inspire their teams to produce amazing results.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 53
As part of GM’s commitment to creating inclusive solutions to
Total Rewards
social issues in the communities where we live and work, the GM
Recognition team partnered this year with GM Cares, our global
employee giving program, to support our employees’ passion
We prioritize a holistic approach to well-being, which to donate to causes important to them. Through an integration
includes support for employees’ physical, emotional between our recognition technology vendor and a global online
workplace giving software vendor, we empowered our global
and financial wellness.
workforce to donate their recognition points to charities through
the Give Back program. Throughout the year, we ran nine global
donati
Keyword: governance
a full-service pharmacy alongside the clinic at Factory ZERO.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 54
The DEI Team is driving data-driven insights that will shape
Diversity, Equity and Our People
business priorities in the areas of talent equity, inclusive
experiences, community, social impact and more.
Inclusion (DEI)
GM is committed to creating a consistent, safe and
inclusive culture resulting in thriving careers.
Representation in Top Management Positions in 20231
We aspire to be the most inclusive company in
the world by enabling employees, customers and
Leadership 35.7% 17.2%
partners of all backgrounds, identities and abilities
to fully participate in GM’s all-electric future.
GM’s leadership is committed to evolving our actions to support an
women globally minorities in the
equitable all-elect
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3 Non-Executive salaried employees.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 55
Talent Equity Inclusive Employee Experience GM has 12 ERGs, with chapters spanning the globe and within our
plants, available to both salaried and hourly employees. They have
GM is focused on talent outcomes that drive our business through It is critical that our inclusion work starts with our people and our executive-led advisory councils to help them progress, address
fair, objective and transparent processes and by addressing culture. In 2023, we provided Inclusive Leadership coaching to issues and pursue opportunities. This year, GM launched seven
imbalances so all can thrive. We are committed to equal pay more than 9,000 employees globally. In addition, all employees new global ERG chapters:
prac
Keyword: governance
and hiring.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 56
Our Business Customer Experience Business Ecosystem
GM puts the customer at the center of everything we do. We GM intentionally organizes and provides structure for collaboration
strive for inclusive experiences throughout the customer journey. between individuals and groups to foster deeper connections that
By working with our dealers, suppliers and partners, The quality of our dealer relationships is critical to our success drive specific business outcomes. We have formal and informal
GM can drive greater business results and impact to as they maintain the primary sales and service interface with leaders who work across teams and systems to foster diversity,
our customers. In 2023, we made education
Keyword: governance
in their dealershipsIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 57
Our Society Brand & Reputation
GM remains committed to DEI and investing in an equitable
transition to an all-electric future. We engage in public policy on
GM is committed to leading sustainable solutions matters that reflect company priorities, and policies that impact
that improve communities in which we live and work our people, our business and society. Our efforts include the
following commitments and initiatives:
through human rights, labor rights and social impact.
• CEO Action for Diversity & Inclusion Pledge
Community & Social Impact • Coalition for the American Dream
We strive to extend diversity, equity and inclusion values beyond • Human Rights Campaign (HRC) Business Coalition for the
ou
Keyword: governance
$7 million to 62 nonprofit organizations.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 58
In 1968, we became the first original equipment manufacturer In 2023, we invested over $90,000 in technical assistance
Supporting Diverse
(OEM) to establish a formal supplier diversity program. To support programs, reaching more than 80 diverse businesses through
diverse suppliers, we contribute to many community initiatives, key collaborations.
Suppliers
aligning our actions with our vision.
For over a decade, we have attracted thousands of attendees to
our annual Supplier Connections event to strengthen existing
GM continues to build upon our legacy of leadership $5.6B approximate spend with North American
relationships, enhance our business acumen and identify new
by helping diverse suppliers advan
Keyword: governance
Hispanic Canadian Aboriginal Native American VeteranIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 59
Diverse Media Suppliers Increased Flexibility
Supplier Inclusion Board In the United States and Canada, GM approaches diverse-owned We have developed a custom Prospective Partnering Analysis
and targeted media relationships through our stated action plan, to help us understand areas of opportunity and collaboration.
The Supplier Inclusion Board (SIB) consists of engaged Tier I to enable engagement, economic empowerment and sustainable We expect our media planning and buying agencies to follow
suppliers who are dedicated to making an economic impact growth. The action plan is realized through five components: a multifactor analysis for selecting diverse-owned media.
by having monthly discussions about
Keyword: governance
thought leadership.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 60
Supporting Communities
2023 Corporate Giving Focus Areas
and Strategic Funds
Our vision is a world with zero crashes, zero (Percent of Grant Funding)
emissions and zero congestion, and our Corporate
Giving strategy is designed to support this vision.
We create jobs and support local economies to advance social
progress in the communities where we live and work. Our
philanthropic focus is on investments that put people at the center.
Learn more about our Corporate Giving strategy.
In 2023, we provided $64 million in grants to nearly 400 U.S.-
based nonprofits to help create inclusive solutions to social issues. 26% 7%
This funding is anticipated to impact over 5 million individuals.
STEM Education Vehi
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Other (Inclusive of Community Impact Grants and Disaster Relief)Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 61
Climate Fund Climate Fund: Expected Impact1 Program Highlights
We are helping to create a zero emissions future by working with California Fire Foundation
our peers and others to amplify our impact. Our $50 million To better serve firefighters and their families in the event of
Climate Fund, launched in 2021, helps nonprofit organizations disaster, the California Fire Foundation supports more than 100
innovate and include the communities they serve in the transition 3K disaster mitigation, relief and recovery projects. This work takes
to electric vehicles (EVs) and other sustainable technologies. place across California fire departments, firefighter associations
and community-based organizations servi
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collaborators.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 62
Vehicle Safety A Holistic Approach to Vehicle Safety Developing Safe Products
Our Global Product Safety, Systems and Certification organization
and Quality
is responsible for vehicle safety systems, confirming and validating
vehicle safety performance, identifying emerging issues and
conducting field actions, including recalls.
The Vehicle
GM views safety in a holistic way. We engineer our
We design and validate our vehicles to meet or exceed regulatory
products through a human lens of driver behaviors
Engineering advanced crash requirements, leveraging both physical testing and virtual
and the driving environment, developing features technologies and features to methods. Our safety engineering develo
Keyword: governance
reliability, vehicle safety and consumer satisfaction studies.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 63
Global Product Safety Speak Up For Safety
Management Process
Our SUFS program gives hourly and salaried employees and
contractors an easy way to report potential vehicle safety issues
and suggest improvements. Concerns are submitted through
a toll-free phone number, a smartphone app, email or the
SUFS website.
Investigate and Analyze We view SUFS submissions by our employees as a measure of
employee engagement in safety issues. By building a culture
Internal product investigators and safety forensic engineers
of safety, we attempt to identify issues sooner and reduce the
investigate potential vehicle safety issues. Data analytics experts
number of impacted vehicles. A dedicated team evaluates
merge in
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ensuring that we do not repeat previous mistakes.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 64
GM Safety & Noncompliance Recalls GM Safety & Noncompliance Recalls Global Recalls with <10,000 Vehicles
(Number of Recalls) (Vehicle Volume in Millions) (Number of Recalls)
60
9.7 34
9.3
30
47
44
23
36 36
31
4.9
4.3
2.5 2.3
2021 2022 2023 2021* 2022 2023 2021 2022 2023
Global North America * Includes 7M Takata airbag-related recalls. Global recalls that involve fewer than 10,000 vehicles are one way we measure
the effectiveness of our product safety management process. The ability to
catch more issues early—with a relatively low volume of vehicles affected—and
act swiftly is positive. The data above is also included in the total vehicle
volume of safety and noncompliance recalls.
Advanced Technologie
Keyword: governance
conditions at all times. Visibility, weather and road conditions may affect feature performance. Read the vehicle’s Owner’s Manual for more important feature limitations and information.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 65
External Recognition Dependability
J.D. Power Studies: U.S. Segment
We measure the quality and dependability of our vehicles, as well In the 2023 U.S. Vehicle Dependability Study (VDS), which Award Winners 2023
as customer satisfaction with our vehicles, sales and dealership measures vehicle dependability after three years of ownership,
service, through the following studies run by J.D. Power, a global Buick ranked fourth in the industry. GM secured four
Initial Quality Study (IQS)
leader in industry intelligence on customer interactions with segment winners.
brands and products for more than 50 years. Buick Encore GX (Small SUV)
Sales Satisfaction
Cadillac Escalade (Large Premium SUV)
Initial Quality
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GMC Sierra (Large Light Duty Pickup)Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 66
Our Safety Culture Knowledge: Hazard and Risk Awareness
Workplace Safety
We strive for a culture where each person, including contractors, We aim for every person, at every site, to be able to recognize
decides to keep themselves and their team members safe—“People hazards, understand risk levels and feel empowered to address
Our workplace safety vision is to “Live values that First, Task Second.” safety concerns.
return people home safely. Every person. Every
Strengthening our enterprise safety culture has been one of our As we innovate and move faster toward an all-electric future, we
site. Every day.” This vision is guided by our Global most significant areas of focus over the past years. We did th
Keyword: governance
Safety Governance empathize, collaborate, lean-in and build trust) is helping our mitigate them.
leaders to drive the business on our continuous improvement
In 2023, we worked in conjunction with subject matter experts
Workplace safety is governed at the highest levels of the company journey on culture improvement. Our employee safety concern
to strengthen our people’s knowledge in key areas like EV
through monthly operating reviews with global functional senior process also provides a structure for employees to report potential
Occupational Safety (EVOS) awareness, Serious Injury and Fatality
leaders, including the CEO, and through the Global Safety safety issues and grow our safety culture by showing our safety
(SIF) identification and SIF Hierarchy of Co
Keyword: governance
us continuously improve.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 67
Ten Years of Global Safety Week: Looking Back Systems: Workplace Safety Systems We have a robust prevention program developed to promote the
reporting and control of events that could result in severe harm
to Look Ahead
Our global safety management system, Workplace Safety System or a fatality. Through this program, we identify critical activities
Global Safety Week is about celebrating GM’s foundational (WSS), drives continuous improvement across all five global and develop global performance standards with mandatory
commitment to safety—workplace and product safety, workplace safety dimensions: culture, knowledge, systems, safety controls.
and employees’ health and well-being. This deeply valued dat
Keyword: governance
employees’ health and well-being. Our governance process for WSS includes annual site self- We aspire to do business with companies and contractors that
assessments, validations conducted by global or regional safety share our commitment to safety. Safety contract management
Global Safety Week inspires employees to think about teams, and independent internal safety audits conducted by GM continues to be the foundation of contractor risk mitigation. In
safety within the context of GM’s Purpose: We pioneer the Audit Services, providing oversight to the Board. 2023, we partnered with our contractors on innovative solutions
innovations that move and connect people to what matters. to make sure we have properly trained and skilled labor available.
In doing so, we are creating an opportunity f
Keyword: governance
industry forums.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 68
Global Workplace Safety Performance
Lost Workday Case Rate1,2 Lost Workday Case Rate1,2 SIF Hierarchy of Control
(GM Employees and Contracted Workers) (Contractors)
53.9%
0.46 0.07 0.07 0.07
0.39
0.35 39.7%
21.8%
2021 2022 2023 2021 2022 2023 2021 2022 2023
Number of lost workday injuries and illnesses per 200,000 work hours. Number of lost workday injuries and illnesses per 200,000 work hours. This Serious Injuries and Fatalities (SIFs) are events that resulted (SIF actual) or
This key performance indicator focuses on those injuries and illnesses that key performance indicator focuses on those injuries and illnesses that resulted have a reasonable and realistic possibility to result (SIF potential) i
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2 Data includes information from our joint venture (JV) operations.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 69
Human Rights Strategic Priorities and Focus Areas
Human Rights
Strategic Priorities Focus Areas
We are committed to transparently upholding and
Take action on salient issues Build and Engage affected Develop metrics, assess
respecting human rights. strengthen action stakeholders baseline, track progress
plans for identified
salient issues
GM’s approach to human rights is guided by the UN Guiding
Principles on Business and Human Rights (UNGPs), informed by Ongoing implementation of systems for human rights Strengthen systems Embed capacity and Communicate progress Perform due diligence
our understanding of our potentially salient issues and grounded due diligence (both proactive and reactive) to identi
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automotive industry.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 70
Governance and Management Human Rights Due Diligence In 2021, as a part of our saliency assessment process, we
conducted desktop research, reviewed industry analyses and
Human rights is an important issue addressed both by the Board connected with external stakeholders. We also held a series of
Identifying Potential Impacts
and cross-functionally across the company. The Board provides interactive internal capacity-building and exploratory workshops
regular oversight of human rights-related issues and topics, To effectively prevent and mitigate potential impacts to people, with leaders from across the business and geographic footprint to
including routine workplace safety reviews and our Human Rights t
Keyword: governance
As outlined in its charter, the Board’s Governance and Corporate throughout it and the severity and likelihood of each potential
Responsibility Committee (GCRC) has primary oversight impact. Through this process, we derived an initial set of prioritized
responsibility for human rights and conducts reviews of GM’s Saliency Assessment Process potential impacts.
human rights practices, including responsible sourcing practices.
Nearly all of the potential impacts we identified are systemic and
The GCRC also oversees the development of sustainability and
not limited to GM or even the automotive industry. Nevertheless,
corporate responsibility practices that may have a significant 1. Evaluate
we take seriously our responsibility to work to identify, prevent,
impact on the company.
Consider, thro
Keyword: governance
LaborIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 71
Preventing and Mitigating Impacts Engaging Stakeholders
We work to recognize and address potential adverse impacts and Stakeholder engagement is an important aspect of our approach
take steps to prevent, mitigate and, where necessary, remediate to human rights. Hearing directly from the people our business
those impacts. may impact is critical to the development of effective policy. These
conversations build trust and provide invaluable opportunities
We rely on training as a tool to prevent human rights-related
to learn and to co-create potential solutions. See our Corporate
issues from arising, as well as robust reporting and internal review
Human Rights Benchmark disclosure (section B.1.8) for
mecha
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on commitments to environmental, social and governance
topics, including labor and human rights, ethics and sustainable
procurement. See Integrating Sustainability Into Our Supply Chain.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 72
Responsible Governance
We have robust governance structures and policies
in place to manage our business in a responsible and
ethical way. These strengthen our company, build a
strong foundation for our sustainability strategy and
help us address environmental and social issues.
In This Section
Corporate Governance 73
Environmental Management and Compliance 76
Ethics 78
Public Policy 81
Chevrolet Bolt EUVIntroduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 73
Govern
Keyword: governance
Corporate Governance
The Board is committed to protecting the interests of our shareholders and believes that Board independence is crucial to
this work. To achieve these goals, we follow several governance structures and policies, including:
The Board is elected annually by GM’s shareholders
to oversee and provide guidance on GM’s business
and affairs. It is the ultimate decision-making body Independence Annual
of the company, except for those matters specifically
reserved for shareholders. of 12 out of 13 directors election of all directors
Among other things, the Board oversees company strategy
Strong
and execution of the strategic plan. In addition, it oversees Proxy
management’s safeguarding of the assets of the company,
Independent Lead Director
maintena
Keyword: governance
The Board is committed to sound corporate governance policies
and practices that are designed and routinely assessed to enable
Majority Annual
GM to operate its business responsibly, sustain our success and
build long-term shareholder value. The Board also works with
voting with director review of the Board’s
management to integrate certain sustainability principles into
resignation policy in leadership structure by the
the company’s business strategy, when appropriate. This includes
uncontested elections independent directors
agenda items and discussions related to sustainability and
governance topics at Board and committee meetings. Read more
in our 2024 Proxy Statement.
No
Robust
Leadership Structure poison pill or dual-class oversight of succession plans
shares
The Board is led by our Ch
Keyword: governance
independent, as defined by the Board’s Corporate Governance
Guidelines, which reflect the independence standards of
the New York Stock Exchange and the U.S. Securities and
Exchange Commission.Introduction Strategy Environment Innovation Social Governance Appendix 2023 Sustainability Report 74
Board Diversity Committee Structure and
Sustainability Governance
GM’s Board is composed of directors that possess a broad range
of skills, qualifications and attributes that support our ambitious
The Board has six standing committees, all of which, except the
electric vehicle (EV) transition, growth strategy, sustainability and
Executive Committee, consist entirely of independent directors.
diversity, equity and inclusion (DEI) goals.
These committees help the Board develop and oversee GM’s
Board membership i
Keyword: governance
Governance and Audit Executive Finance Risk and
Corporate Responsibility Committee Compensation Committee Cybersecurity
Committee (GCRC) Committee Committee
• Oversees Environment, Social, Governance • Reviews the disclosure process and • Oversees design and implementation of • Reviews changes to our shareholder • Reviews GM’s strategic, operational and
(ESG) initiatives, strategies and policies that control procedures over financial and an executive compensation program that composition, including the impact of cybersecurity risks, including product safety,
have a material impact on the company. ESG disclosures. drives alignment with shareholder interests, ESG-oriented investors. vehicle cybersecurity, climate change and
encourages management to mak
Keyword: governance
ESG topics such as public policy, corporate • Oversees the Internal Audit function, GM required to successfully navigate GM’s important initiatives. and governance, including but not
philanthropy and other sustainability Audit Services (GMAS), which provides transition to EVs. limited to transition risks associated with
initiatives (including human rights and independent, objective assurance on the climate change.
responsible sourcing). effectiveness of risk management, internal • Responds to shareholder feedback relative
controls and governance processes within to the alignment of executive compensation
• Responsible for the Board’s shareholder GM. GMAS’ annual audit plan includes with strong performance, including with
engagement program. coverage of controls around sustainability respect to sustainability goals.
disclosures including workplace and product
• Reviews and approves the Sustainability