NVIDIA Corp

Lobbying Governance

AI Extracted Evidence Snippet Source

The Nominating and Corporate Governance Committee (NCGC) of our Board is responsible for reviewing and discussing with management our practices concerning environmental, social, and corporate governance. [...] In our fiscal year ending January 30, 2022 (FY22), NVIDIA management began periodically reporting to the NCGC about the company's policies and practices regarding governmental relations, public policy, and related expenditures. [...] NVIDIA Government Relations is responsible for managing our public policy priorities and communication with governments worldwide. When participating in public policy discussions, NVIDIA Government Relations pursues the objectives of global consistency and local relevancy and evaluates the impact of those policies on our growth and business operations. [...] All NVIDIA lobbying activities require the prior approval of NVIDIA Government Relations and Legal. Where required by law, NVIDIA files lobbying disclosure reports with state governments. In FY22, we made no independent expenditures related to political campaign initiatives and referenda meant to influence the outcome of ballot measures and had no reportable lobbying expenditures.

https://images.nvidia.com/aem-dam/Solutions/documents/FY2022-NVIDIA-Corporate-Responsibility.pdf

As stated in NVIDIA's Code of Conduct, NVIDIA only seeks to affect government action on issues that directly impact our business and only through specifically authorized and legally compliant lobbying activities. Potential support of any climate change-related policy initiative would be presented to NVIDIA's CSR Committee, including executive staff, as well as NVIDIA's legal counsel and Government Affairs group, for discussion. NVIDIA's support of policy initiatives aligns with the overall climate change plan determined by the CSR Committee and company leaders. The CSR Committee is responsible for ensuring all groups involved in the decision-making process are familiar with NVIDIA's climate change strategy, but the decision would be made by executive staff as to whether or not NVIDIA should support the proposed initiative. All lobbying activities require the prior approval of NVIDIA Government Relations and Legal. Where required by law, we file lobbying disclosure reports. In FY21, we did not perform lobbying activities or expend resources that required registration under the Lobbying Disclosure Act.

https://www.nvidia.com/content/dam/en-zz/Solutions/csr/NVIDIA_Corporation_CDP_Climate_Change_Questionnaire_2021.pdf

In our fiscal year ending January 30, 2022 (FY22), NVIDIA management began periodically reporting to the NCGC about the company's policies and practices regarding governmental relations, public policy, and related expenditures. [...] NVIDIA Government Relations is responsible for managing our public policy priorities and communication with governments worldwide. When participating in public policy discussions, NVIDIA Government Relations pursues the objectives of global consistency and local relevancy and evaluates the impact of those policies on our growth and business operations. [...] All NVIDIA lobbying activities require the prior approval of NVIDIA Government Relations and Legal. Where required by law, NVIDIA files lobbying disclosure reports with state governments. In FY22, we made no independent expenditures related to political campaign initiatives and referenda meant to influence the outcome of ballot measures and had no reportable lobbying expenditures.

https://images.nvidia.com/aem-dam/en-zz/Solutions/csr/FY2022-NVIDIA-Corporate-Responsibility.pdf

As stated in NVIDIA's Code of Conduct, NVIDIA only seeks to affect government action on issues that directly impact our business and only through specifically authorized and legally compliant lobbying activities. Potential support of any climate change-related policy initiative would be discussed with NVIDIA's executive staff, NVIDIA's legal counsel and Government Affairs group. All lobbying activities require the prior approval of NVIDIA Government Relations and Legal. Where required by law, we file lobbying disclosure reports. In FY23, we made no independent expenditures related to political campaign initiatives and referenda meant to influence the outcome of ballot measures related to climate change and had no reportable lobbying expenditures.

https://www.nvidia.com/content/dam/en-zz/Solutions/csr/NVIDIA_Corporation_CDP_Climate_Change_Questionnaire_2023.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]As stated in NVIDIA's Code of Conduct, NVIDIA only seeks to affect government action on issues that directly impact our business and only through specifically authorized and legally compliant lobbying activities. Potential support of any climate change-related policy initiative would be presented to NVIDIA's CR Committee, including executive staff, as well as NVIDIA's legal counsel and Government Affairs group, for discussion. NVIDIA's policy engagement aligns with the company's climate change plan.

All lobbying activities require the prior approval of NVIDIA Government Relations and Legal. Where required by law, we file lobbying disclosure reports. In FY22, we made no independent expenditures related to political campaign initiatives and referenda meant to influence the outcome of ballot measures and had no reportable lobbying expenditures.

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