Labcorp Holdings Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

###### Environmental, Social and Governance Executive Steering Committee

Labcorp takes a proactive approach to environmental, social and governance (ESG) leadership, integrating these principles into our corporate strategy. Our ESG Executive Steering Committee (ESC) drives our long-term vision and strategic priorities in key ESG areas.

Comprising cross-functional executive and senior management leaders, the ESC works in close collaboration with our Chairman and Chief Executive Officer Adam Schechter, other senior executives and our board of directors to shape our ESG strategy. The committee plays a critical role in advising on policies, practices and disclosures that align with our corporate objectives and global impact.

Through regular meetings, the ESC evaluates our performance across environmental sustainability, employee well-being, corporate social responsibility, governance and relevant public policy issues. These sessions provide a forum for strategic decision-making, fostering leadership and accountability in advancing both immediate and long-term ESG commitments. Our efforts are designed to drive meaningful, sustainable progress across our business units, global operations and stakeholder ecosystem.

https://www.labcorp.com/content/dam/labcorp/files/about/1329701_Labcorp_CRR_2024_041625_Final.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The Labcorp Board of Directors has principal responsibility for oversight of ESG topics, including environmental, social, human capital management, and governance, and delegates targeted oversight of specific areas of focus to its standing committees. Through this oversight, the Board is able to identify and mitigate any potential conflicts between advocacy efforts and our climate change strategy.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Our ESG Steering Committee meets regularly to examine our operations as they relate to the environment, employee health and safety, corporate social responsibility, corporate governance and relevant public policy issues. During these meetings, committee members review our progress in these areas and provide leadership, guidance and support for establishing and delivering short- and long-term initiatives, strategy and commitments that are aimed at making a positive global impact across our business units, geographies and functions. The ESG Steering Committee comprises cross functional senior management members who assists our Chairman and CEO, the executive committee and the board of directors in setting overall ESG strategy. Members of the ESG Steering Committee also recommend policies, practices and disclosures that correspond with our strategy.

CDP Questionnaire Response 2023