HubSpot Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

###### Oversight and materiality\n\nOur Director of ESG leads a dedicated team that works cross-functionally across the business, including culture, diversity, inclusion & belonging, legal, procurement, and facilities, to drive our ESG strategy and initiatives. We formally review our company-wide efforts in ESG at least twice a year with our Nominating and ESG Committee of our Board of Directors; ESG topics are also discussed, where appropriate, by our full Board and other committees of the Board. We performed a materiality assessment in 2021 to identify the sustainability topics most important to HubSpot's business, stakeholders, and growth. They were energy and emissions; diversity, inclusion & belonging; and privacy & data protection. While these topics have helped determine our strategic priorities, they do not limit the scope of our ESG efforts. We plan to repeat this assessment every several years while gathering feedback from stakeholders on a regular basis. [...] \n\n###### Governance\n\n|DISCLOSURE a) Describe the Board's oversight of climate-related risks and opportunities.|CURRENT APPROACH HubSpot's Board has ultimate responsibility for oversight of climate-related risks and opportunities. The Nominating and ESG Committee of the board has specific responsibility to: • Review and assess the Company's policies, practices, and strategy regarding ESG matters, including, but not limited to, the following: — Identify and bring to the Board's attention current and emerging ESG trends and issues that may affect the business, operations, performance, and external relations of the Company. — Review and provide oversight relating to the Company's environmental practices, including initiatives related to sustainability and climate change impacts. — Review and provide oversight relating to the Company's talent management practices, including initiatives and programs relating to the development, attraction, engagement, and retention of its employees, as well as initiatives and programs to promote social justice and diversity, inclusion & belonging. — Oversee and periodically review the Company's public disclosures on ESG matters and related metrics applicable to the Company. At a minimum, climate change is discussed as part of a twice yearly standing item at the Nominating and ESG Committee. Details of the composition and skills of the Nominating and ESG Committee can be found here, pages 4-12. The Nominating and ESG Committee Charter can be found here.|FUTURE PLANS HubSpot's Nominating and ESG Committee plans to continue to closely monitor the changing ESG regulatory landscape as well as broader climate-related business strategies and its impact on the company. It will also ensure HubSpot's Board and other committees of the Board are regularly briefed and kept updated on climate-related risks and opportunities. HubSpot will continue to provide external education opportunities on ESG and climate change to Board members as appropriate.

https://www.hubspot.com/hubfs/HubSpot%202023%20Sustainability%20Report_FINAL.pdf

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?[…]To ensure that our external engagement activities are consistent with our climate commitments, we ensure that decisions related to engagement are run by our dedicated ESG Team to ensure a consistent approach.

CDP Questionnaire Response 2023

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023