Our Board of Directors is committed to sound corporate governance practices that provide our shareholders with meaningful rights and foster strong independent leadership in our board room. We firmly believe that creating sustainable long-term value for shareholders is enabled through such strong governance practices and open dialogue through continuous direct engagement.
Risk and strategy oversight
Our Board of Directors provides oversight with respect to the Company’s enterprise risk assessment and risk management activities, which are designed to identify, prioritize, assess, monitor and mitigate the various risks confronting the Company, including risks that are related to the achievement of the Company’s operational and financial strategy. Our directors also take an active role in the oversight of the Company’s strategy at both a board and committee level, with management responsible for the execution of our business strategy.
Our Board of Directors is squarely focused on the sustainability of our business for the long term. In line with this focus, the nominating/corporate governance committee oversees the Company’s environmental, social and governance (ESG) policies and programs.
The committee receives periodic reports and updates from ADP’s Chief Diversity, Inclusion and CSR Officer (CSRO) and reports back on these matters to the full Board. Our Board has complete and open access to our CSRO.
Message from the Chief Diversity, Inclusion and CSR Officer
ADP’s Chief Diversity, Inclusion and CSR Officer (CSRO) reports to the Chief Human Resources Officer and provides leadership and direction on key corporate social responsibility issues, including ESG and sustainability-related matters. The CSRO spearheads our ESG Steering Committee and works in partnership with executives and teams across the Company to create and drive our CSR strategies, policies, initiatives and processes.