Temenos AG

Temenos does not make any contributions to political parties nor does it engage in any lobbying activities. Temenos monitors compliance with the policy regularly through routine and ad hoc checks and audits across the organization. The Anti-Corruption and Bribery Policy and the effectiveness of the Anti-Corruption Program are assessed and revised on a regular basis.

The Nomination and ESG Committee oversees CSR/ESG and Ethics matters and reviews the internal controls environment and Risk Management Framework (including climate, water, and biodiversity-related matters). The Committee reports to the Board of Directors through the Audit Committee, at least annually. Acknowledging the importance of ESG matters, our CEO acts as the Board executive sponsor for ESG matters and is a member of the Nomination & ESG Committee. [...] The CSR and Ethics Committee, assists the Nomination and ESG Committee and the Board on sustainability and climate, water and biodiversity-related issues. It designs the CSR/ESG, sustainability and climate strategy, policies, advises on risk management, objectives, and reports progress against targets. It meets quarterly and written minutes are maintained by the Committee Secretary (Chief Marketing and ESG Officer) and shared with the external statutory auditor. The Chief Marketing and ESG Officer is responsible for managing the climate strategy, interacting with stakeholders, and driving CSR, sustainability and climate policies, programs and reporting progress. Climate-related risks are also monitored by the Chief Risk Officer, a member of the CSR and Ethics Committee and are incorporated into the Corporate Risk Management Framework.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We align our CSR commitments, actions and reporting with voluntary global initiatives and organizations that advance the sustainability agenda: Participant of United Nations Global Compact (UNGC), member of the Global Compact Network Switzerland, member of the World Economic Forum (WEF), supporting the UN Sustainable Development Goals (SDGs), public commitment to SBTi.
We have endorsed the UN Global Compact (UNGC), and are committed to submitting an annual Communication on Progress implementing the UNGC's 10 principles. We are members of the Global Compact Network Switzerland. In September 2020, our CEO, together with 1,000 Chief Executive Officers from companies in over 100 countries, pledged to support the United Nations' mission of creating a more equitable, inclusive and sustainable world by signing onto a powerful Statement from Business Leaders for Renewed Global Cooperation. Temenos is also a member of the World Economic Forum (WEF). Temenos participates in a number of key WEF events, demonstrating the significance of our contribution to the banking industry and more broadly to society as a whole, including the Sustainable Development Impact Summit. Temenos' attendance confirms our commitment to furthering the sustainability agenda and advancing the UN SDGs . We have also publicly committed via the Science Based Targets initiative to have our near-term targets, in line with the goals of the Paris Agreement for 1.5oC, and validated by end of 2022. We do not engage in any other direct or indirect activities that influence public policy.

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