ABB’s Board of Directors reviews and approves the Sustainability Agenda and related targets. The Governance and Nomination Committee (GNC) reviews and proposes to the Board the company’s Sustainability Agenda and its targets and monitors target progress and achievements. The Compensation Committee (CC) ensures that ABB’s executive compensation policies are appropriately aligned with its Sustainability Agenda. The Finance, Audit and Compliance Committee (FACC) oversees the integrity of ABB’s sustainability-related reporting.

ABB’s Executive Committee validates the Sustainability Agenda and its implementation. It is responsible for reviewing sustainability targets in line with our performance management approach and our operating model, as well as for ensuring that a sustainability culture is embedded in our business decision-making.

The Sustainability Council is the highest operational decision-making body for sustainability. It drives the development of the Sustainability Agenda based on evolving stakeholder requirements, oversees implementation and monitors progress towards targets. In line with our operating model, the ABB Way, all business areas are represented in the Sustainability Council by their strategy heads as well as their sustainability leads. Additional members of the Sustainability Council include representatives from our corporate functions: sustainability, strategy, sustainability reporting, and legal and integrity.

The Group Sustainability team provides thought leadership and governance, sets targets, and drives continuous improvement. The Sustainability Reporting team, being part of ABB’s Finance organization, is responsible for the preparation of our annual Sustainability Statement.

The topic-specific workstreams establish targets and roadmaps across business areas and determine the governance for the respective sustainability topics. Additionally, they monitor emerging requirements and share best practices across business areas. The workstreams include subject-matter experts from our business areas and divisions, as well as members of the Group sustainability team. The workstreams regularly report to the Sustainability Council on their progress and receive support from the Council where needed.

ABB’s four business areas and their divisions are ultimately accountable for putting action plans in place and ensuring that appropriate resources are available to implement the plans and to deliver on our targets.