2018 Guide to Effective Proxies

2.12 Environmental & social disclosure | 191 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES FREEPORT-MCMORAN, INC. GENERAL MOTORS GOODYEAR TIRE & RUBBER COMPANY INTEL CORPORATION Ongoing Dialogue Regarding Social and Environmental Sustainability Werecognizethat,asaminingcompany,ourworkimpactstheenvironmentandcommunitiessurroundingour operations.Wemitigateimpactsthroughthedevelopmentofinfrastructure,supportinghealth,safetyand educationefforts,andprovidinglocalemploymentandbusinessdevelopmentopportunities.Inadditionto engagementregardinggovernanceandcompensation,wehavearobuststakeholdercommunicationprogram addressingcorporatesocialresponsibility.Aspartofthisprogram,weregularlyworkwithourstockholdersand otherstakeholdersviain-personmeetingsandsitevisits,teleconferences,inquiriesviaemailandthroughmulti- stakeholderinitiatives.Throughtheseengagementefforts,ourcorporatesustainabledevelopmentteamandsenior personneladdresskeyindustrytopics,including: • Health,safetyandfatalityprevention • Communitydevelopment • Humanrights • Environmentalmanagement • Climate-relatedimpacts • Transparencyofgovernmentpayments • Responsibleproductionandsourcingofmaterials In2017,ourcorporateteamengagedwithover70investororganizations,sustainabilityanalystfirms,banking institutionsandnon-governmentalorganizationsregardingoursustainabilityprogramsandperformance.Manyof theseorganizationsincludemultiplemembersoraffiliations,thusexpandingthereachofourengagement program.Inaddition,ouroperational-levelteamsregularlyengagelocallywithcommunitystakeholders, developmentinstitutionsandcivilsocietyorganizations.Ourcorporateteamalsoworkscloselywithourcommodity salesdepartments toengagebothdownstreamcustomersandinternationalgovernmentalagencieson sustainabilityprogramsandaddressspecificenvironmentalandsocialareasofinterestthatcouldaffectaccessto marketsforourvariousproductswithinthevaluechain.Webelievethateffectivestakeholderengagementcanhelp reducesustainability-relatedrisksandenableustocontinuetodeliverpositivecontributionstosociety. SUSTAINABILITY PROGRAM HIGHLIGHTS Oursustainabledevelopmenteffortsincludethefollowingcoreelements: • Maintainingacceptancetooperateatthelocallevelinordertoreinvestinourexistingproperties,aswellas newventures,thus increasingtheproductionofmetalsneededforahealthyandprosperousworld . • Meetingsociety’sandourcustomers’responsiblesourcingobjectives inordertoplaceourproductsinto theglobalmarketplacetodayandintothefuture. • Operatingsafelyandrespectinghumanrights byconductingouroperationsconsistentwiththeUniversal DeclarationofHumanRightsandtheUnitedNationsGuidingPrinciplesonBusinessandHumanRights. • Engagingopenlyandtransparently withinternalandexternalstakeholders onthefundamental environmental,socialandeconomicaspectsofourbusiness. • Embeddingcommunityengagementandinvestment inourcompany’sculture.Since2007,wehaveinvested over$1.8billioninsocialbenefitprograms. • Implementingthe InternationalCouncilonMiningandMetalsSustainableDevelopmentFramework atall operatingsitesinourportfolio,whichincludes: O Maintaining site-specific sustainabledevelopmentriskregisterstoidentifypriorityissuesandimplement actionplansforthoseissues,and O Implementing annualsiteandcorporate-levelexternalassuranceprograms onoursustainability performanceandexternalreporting. 6 Freeport-McMoRan ⎪ 2018ProxyStatement Total of 02 pages in section PROXYSTATEMENTSUMMARY Environmental and Sustainability Performance Ourvisionforthefuturecanbesummedupwiththreenumbers: zero crashes, zero emissions,and zero congestion. ZEROCRASHES GM’snumber one priority issafety.We aredevelopingnewtechnologiestohelp keepourcustomerssafe. GM’s Cruise AV has the potential to provide a level of safety far beyond thecapabilitiesofhumandrivers. WelaunchedSuperCruise,theworld’s first hands-free highway driving technology,ontheCadillacCT6. GM offers 53 global models with forward collision alert and lane departure warning and 40 models withsideblindzonealert. ZEROEMISSIONS GMiscommittedtoanall-electric,zero emissions future. We are working to make cars more efficient and embrace environmentallyconsciousoptions. GMwillintroduce20newall-electric vehiclesby2023. In 2018, GM will increase Bolt EV production at its Orion Assembly PlantnorthofDetroit. GM has committed to using 100% renewable energy in its operations by2050. ZEROCONGESTION GMisbuildingautonomous,connected, and shared personal mobility options that will help end the congestion that wastesourtimeandmoney. Maven Gig members have driven more than 6.5 million all-electric miles since February 2017, saving an estimated250,000gallonsofgas. As of March 2018, more than 250 million Maven miles have been driven. In 2018, GM submitted a petition to the U.S. Department of Transporta- tion seeking permission to begin operatingfullyautonomousvehicles, withoutsteeringwheelsorpedals,at scale in a dense urban environment in2019. In 2017, GM documented existing prac- tices by memorializing and publishing policiesforshareholders,including: ConflictMineralsPolicy GlobalEnvironmentalPolicy HumanRightsPolicy Global Integrity Policy, Gifts, Enter- tainmentandAnti-Corruption GlobalSpeak-Up!Non-RetaliationPolicy SupplierCodeofConduct LEADERSINACTION Dow Jones Sustainability World Index includedGMforthefirsttimeandDow Jones Sustainability North America Index included GM as the only auto- makerforthethirdconsecutiveyear. Other third parties regularly recognize our leadership. A few of those awards include: CDP(CarbonDisclosureProject)named GMtotheGlobalClimateAListin2016 foritsperformanceanddisclosureofits CO 2 and climate impacts and to the Water A List in 2017 for its effective watermanagementpractices. U.S.EnergyStarPartneroftheYear– SustainedExcellenceCompany. Findmoreonline. For additional information, please read our Sustainability Report, available at: gmsustainability.com , which includes informationabouthowoursustainabil- ity strategy integrates with corporate performanceandothertopics,suchas: GM initiatives to service communi- ties and youth in science, technol- ogy,engineeringandmath(STEM). Actions GM has taken to maintain and improve a responsible supply chain. EffortsGMhasledtocreateadiverse andsafeworkplaceofchoice. CUSTOMER-DRIVENSUSTAINABILITY Puttingthecustomeratthecenterofeverythingwedoextendsbothtohowwebuildourproductsandtohowweserveand improveourcommunities.Whenitcomestosustainability,wepursueafuturethatcreatesvalueforallofourstakeholders. 6 G E N E R A L M O T O R S 2018 PROXYSTATEMENT CORPORATERESPONSIBILITYANDINVESTORENGAGEMENT CORPORATERESPONSIBILITYANDSUSTAINABILITY Ourcommitmenttocorporateresponsibilityandsustainability—builtonastrongfoundationoftransparency,governance,and ethics—createsvalueforIntelandourstockholdersbyhelpingusmitigaterisks,reducecosts,buildbrandvalue,andidentify newmarketopportunities.Wesetambitiousgoalsforourcompanyandmakestrategicinvestmentstoadvanceprogressinthe areasofenvironmentalsustainability,supplychainresponsibility,diversityandinclusion,andsocialimpactthatbenefitthe environmentandsociety.Throughourtechnologyweenablemorepeopletoharnessthepowerofdatatohelpaddresssociety’s mostcomplexissues—fromclimatechangeandenergyefficiency,toeconomicempowermentandhumanrights. Wehaveestablishedformalboard-leveloversightresponsibilityforcorporateresponsibilityand,since2008,havelinkeda portionofemployeeandexecutivepaytocorporateresponsibilityfactors.Afoundationalelementofourapproachtocorporate responsibilityisourcommitmenttotransparency.Formoreinformation,pleaseseeourmostrecentCorporateResponsibility ReportandDiversityandInclusionReport. EnvironmentalSustainability. Drivingtothelowestenvironmentalfootprintpossiblehelpsusachieveefficiency,lowercosts, andrespondtotheneedsofourcustomersandcommunitystakeholders.Weinvestinconservationprojectsandsetcompany- wideenvironmentaltargets,seekingtodrivereductionsingreenhousegasemissions,energyuse,wateruse,andwaste generation.Since2012,wehaveinvestedmorethan$185millioninapproximately2,000energyconservationprojects,resulting inannualcostsavingsofapproximately$120millionandcumulativeenergysavingsofmorethan3billionkilowatthours.We arealsoworkingwithotherstoapplyInternetofThingstechnologiestoenvironmentalchallengessuchasclimatechangeand waterconservation. SupplyChainResponsibility. ActivelymanagingoursupplychaincreatesbusinessvalueforIntelandourcustomersbyhelping usreducerisks,improveproductquality,achieveenvironmentalandsocialgoals,andraisetheoverallperformanceofour suppliers.Overthepastfiveyears,wehavecompletedmorethan450supplierauditsusingtheResponsibleBusinessAlliance CodeofConductstandardandhaveexpandedtrainingandcapacity-buildingprogramswithoursuppliers.Weactively collaboratewithothersandleadindustryinitiativesonkeyissuessuchasadvancingresponsiblemineralssourcing,addressing risksofforcedandbondedlabor,andimprovingtransparencyaroundclimateandwaterimpactsintheglobalelectronicssupply chain. DiversityandInclusion. Buildinganinclusiveworkforce,industry,andecosystemiscriticaltohelpingusattractandretainthe talentneededtoadvanceinnovationanddriveourbusinessforward.Wehavecommitted$300milliontoadvancediversityand inclusioninourworkforceandinthetechnologyindustry,andaremakingprogresstowardourgoaltoachievefull representationofwomenandunderrepresentedminoritiesinourU.S.workforceby2018.Weareincreasingspendingwith diverse-ownedsupplierswithagoalofreaching$1.0billionby2020,andareinvestinginprogramstocreatenewcareer pathwaysintothetechnologyindustry. SocialImpact. Empoweringpeoplethroughtechnologyandadvancingsocialimpactinitiativeshelpsbuildtrustwithkey externalstakeholdersandengagesandsupportstheinterestsofouremployees.Ouremployeesactivelysharetheirexpertise andskillsthroughtechnology-relatedvolunteerinitiatives,andoverthepast10yearshavecontributedmorethan10million hoursofserviceinthecommunitieswhereweoperate. INVESTORENGAGEMENT Ourrelationshipwithourstockholdersisanimportantpartofourcompany’ssuccessandwehavealongtraditionofengaging withourstockholdersandobtainingtheirperspectives.During2017,ourintegratedoutreachteamledbyourInvestorRelations group,CorporateResponsibilityoffice,andtheCorporateSecretary’soffice,mettodiscussawidevarietyofissueswithinvestors representinganaggregateofatleast35%ofouroutstandingshares.Webelievethatourapproachtoengagingopenlywithour investorsontopicssuchasfinancialissues,corporategovernance,executivecompensationandcorporateresponsibilitydrives increasedcorporateaccountability,improvesdecisionmaking,andultimatelycreateslong-termvalue.Wearecommittedto: • Accountability. Driveandsupportleadingcorporategovernanceandboardpracticestoensureoversight,accountability,and gooddecisionmaking. • Transparency. Maintainhighlevelsoftransparencyonarangeoffinancial,governance,andcorporateresponsibilityissuesto buildtrustandsustaintwo-waydialoguethatsupportsourbusinesssuccess. • Engagement. Proactivelyengagewithstockholdersandstakeholdergroupsindialogueonarangeoftopicstoidentify emergingtrendsandissuestoinformourthinkingandapproach. 2018PROXYSTATEMENT CorporateResponsibilityandInvestorEngagement 29 CORPORATEGOVERNANCEPRINCIPLESANDBOARDMATTERS Corporate Responsibility Corporate Responsibility AtGoodyear,corporateresponsibilityisanintegralpartofourbusinessstrategy.Wemaintainanindustry-leadingcorporate responsibilityprogramthatstrivesforconstantimprovementtothebenefitofourshareholders,associates,customers, suppliers,communitiesandenvironment. Thekeyfocusareasofourcorporateresponsibilityprogramincludeourpeople,ourhealth,safetyandwellnessprograms,our environmentalstewardship,includingoursustainabilityandproductstewardshipefforts,ourproductinnovations,our communityengagementprograms,andoursuppliercollaborationinitiatives.TheBoard’sCommitteeonCorporate ResponsibilityandComplianceoverseesourcorporateresponsibilityobjectivesandregularlymonitorsourprogresstowards achievingthem.Wearealsoactiveindiscussingtheseobjectiveswithourshareholdersandsolicitingtheirfeedbackonany areasofimprovement. OurCorporateResponsibilityReportisusuallypublishedinthesecondquarterofeachyear.Thechartbelowdescribesseveral ofthekeyaspectsofourcorporateresponsibilityprogram.FormoreinformationonGoodyear’scommitmenttocorporate responsibility,pleasevisit www.goodyear.com/responsibility. Pleasenote,however,thatinformationcontainedonthe websiteisnotincorporatedbyreferenceinthisProxyStatementorconsideredtobeapartofthisdocument. Our People Our Environment Fromprovidinghealthyandsafeworkingconditionsforour associatesandcontractorstoensuringaninclusivehiringprocess andworkenvironment,Goodyeariscommittedtoaculturewhere allofour64,000associatesaroundtheworldactwithintegrity, promotecollaboration,areagile,energizetheteamanddeliver resultsinallthatwedo. Wehave: • Reducedourtotalinjuryrateby38%from2011through2017. • SponsoredtheformationofnineEmployeeResourceGroupsto supportourdiversityandinclusioninitiatives. Wetakeourcommitmenttoreduceourenvironmentalimpact acrossourproductlifecycleseriously.Allourtiremanufacturing facilitiesareISO14001compliantandcertified,driving company-widegoalsandobjectivestocontinuallyimprove performance,reduceourenvironmentalfootprint,andincrease thesustainabilityofourmaterials,operationsandproducts. Weproducezerowastetolandfillfromourmanufacturing facilities. Since2010,ourbaselineyear,through2017,wehavereduced: • Greenhousegasemissionsby20% • Wateruseby21% • Energyuseby15% • Solventuseby38% Our Innovative Products Our Communities Acommitmenttoqualityisattheheartofourwork,andour productsaredesignedandbuiltwithqualityasacorecharacteristic acrossallourbrands.Goodyearscientistsandengineersdevelop productsandserviceswithinnovativetechnologiestoanticipateand respondtotheneedsofconsumers,whileadvancingsustainability principles. Goodyearisaleaderinlowrollingresistance: • Offering35trucktireproductsverifiedundertheU.S. EnvironmentalProtectionAgency’sSmartWayprogram. • Thesetiresarerequiredtoincreasefuelefficiencybyreducing fuelconsumptionbyatleast3%. Weownapproximately5,700patentsworldwide. Goodyearandourassociateshavealonghistoryofcaringfor ourcommunitiesaroundtheworld,focusedonbuildingand supportingcollaborativeprogramstocreatepositiveoutcomes whereweliveandwork.ThroughourGoodyearBetterFuture platform,wearefocusedonthreecoreareas: • Promotingsafemobility, • Inspiringstudentstoreachtheirfullpotential,and • Reducingwasteforourplanet. In2017,Goodyearassociates: • Providedmorethan20,000hoursofvolunteerserviceto morethan185communityorganizationsglobally. • LaunchedourinauguralGlobalWeekofVolunteeringthrough 69volunteereventsinsixcountries. OuriconicGoodyearBlimpalsosupportsthefundraisingefforts oflocalcharities. 10