Communities: Care and Collaboration
Sustainability Program Governance
ASPIRATION
Create a sustainable governance framework
TARGET
Integrate sustainability into our strategic planning and resource allocation process
2023 PROGRESS
Continued to embed sustainability goals into our key business functions. Additionally, our Executive Team members continue to have shared and individual objectives under our annual incentive plan organized around our six strategic priorities, including Advance Sustainability in Animal Health for a Better Future.
TARGET
Establish an effective approach to external sustainability disclosures
2023 PROGRESS
Continued to report in line with best practice sustainability frameworks, including SASB, TCFD and CDP, and engage with stakeholders to advance our program and disclosures. Monitored emerging regulatory disclosure requirements and enhanced processes to streamline and centralize reporting.
We’ve established a governance structure to help us deliver on our Driven to Care aspirations—ensuring that colleagues work collaboratively and that sustainability priorities are aligned across the company. Our Executive Vice President, Corporate Affairs, Communications and Chief Sustainability Officer, who reports directly to the CEO and is a member of our Executive Team, helps define the sustainability agenda and provides oversight for our initiatives and goals.
While the Chief Sustainability Officer guides our goals and direction, our sustainability priorities are embedded throughout the organization, including key business functions.
The Corporate Governance and Sustainability Committee of the Board oversees the sustainability activities of our other Board committees and reports regularly to the full Board on the progress of the company’s sustainability initiatives. The Chief Sustainability Officer provides updates to the full Board at least twice a year and to the Corporate Governance and Sustainability Committee at each of its meetings. Each committee of the Board also contributes to the oversight of select areas of Zoetis’ sustainability program and strategy and helps inform the Board’s ultimate oversight.
Additional information about our corporate governance practices, including committee charters and other governance documents, can be found on the Corporate Governance page of our website, as well as in the 2024 proxy statement available on the Investor Relations page of our website.
Download our 2023 Sustainability Report
Advancing sustainability in animal health for a better future.
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