Gentherm Inc

Political Donations: Gentherm does not donate to or allow the use of company funds to specifically support political purposes. In accordance with our internal Delegation of Authority policy, all charitable donations or similar activities must be approved by the Chief Executive Officer, and in agreement with the Chief Financial Officer, the Chief Human Resources Officer, and General Counsel. As a global business, we align with trade associations and organizations related to our business which may, at their own discretion and under their own leadership, participate in the political process, including working to influence decisions that could benefit our company, our industry and related business. Gentherm is a member of the Automotive Industry Action Group (AIAG), Original Equipment Suppliers Association (OESA), Human Resources Professionals Association (HRPA) and other similar industry groups. Our association with these industry groups generally include standard membership fees, with annual fees of approximately $50,000 total.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Gentherm does not currently have any specific processes in place to ensure MEMA/OESA has policies that are consistent with Gentherm's strategic direction on climate change.

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

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?[…]Gentherm does not have a formal process in place to vet the climate position of the organizations we join, which historically have been very few in number. That being said, when one or more employees advocate to join an organization, the leader of the department with the anticipated budget responsibility for the organization 's membership fee would make an evaluation on his or her own as to whether or not the group has values which are in relative alignment with Gentherm's. And with it have been publicly stated that ESG is a core principle of Gentherm, it's exoected the leader can be relied upon to either approve or deny organizational membership based on a deep understanding of Gentherm's values.