American Express Co

American Express Company believes that active engagement in the public policy arena is an important part of responsible corporate citizenship and is vital to the democratic process. [...] Our government affairs team coordinates with colleagues across our business to assess the potential impact of public policy issues in order to prioritize and determine the appropriate level of engagement. Our government affairs team works with our business executives to periodically review and evaluate key public policy issues for our company globally. We brief our Board of Directors, through its Nominating, Governance and Public Responsibility Committee, on our process to identify the issues on which we engage and we regularly update the committee on the public policy issues of importance to our company and where we have chosen to engage with government officials. [...] The Company maintains comprehensive compliance procedures to ensure that its activities are conducted in accordance with this policy, the Company's Code of Conduct and all relevant laws governing political contributions and lobbying activities. Procedures include employees' annual review and acknowledgment of their Code of Conduct responsibilities as well as periodic reviews conducted by an outside law firm and internal audit. [...] The Company reports regularly to the American Express Company Board of Directors' Nominating, Governance and Public Responsibility Committee regarding its engagement in the public policy arena and its fundraising activities and political contributions. [...] The Company evaluates its memberships in trade associations to ensure that they serve the long-term interests of the Company. American Express requests information regarding political contributions from trade associations, entities organized under section 501(c) 4 of Internal Revenue Code (Code), and other tax exempt organizations of which American Express is a member that engage in non-deductible lobbying and political expenditures under Code section 162(e). For any such organization that receives in excess of $50,000 for dues during the calendar year from the Company, American Express requests that the organization identify the portion of American Express' payments used, if any, in connection with participation or intervention in a political campaign on behalf of (or in opposition to) any ballot initiative or candidate for public office, as defined under Subsection 162(e)(1)(B) of the Code. American Express includes in its political contributions report on our website any amounts reported to us that were used for such purposes.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]American Express has developed processes to align our direct and indirect activities that influence policy with the company's overall ESG strategy, including the Advance Climate Solutions pillar. Formal external communications with industry groups, trade associations, and policy makers are overseen by the Corporate Affairs and Communications Department to help support consistency and alignment with the company's brand, products and services, and ESG strategy. Key internal resource expertise, including from the Corporate Sustainability and ESG teams, General Counsel's Organization and other relevant stakeholders, are engaged as needed to support alignment with the company's ESG strategy and broader corporate sustainability program.

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