2018 Guide to Effective Proxies

2.12 Environmental & social disclosure | 189 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES CHENIERE ENERGY, INC. CHURCH & DWIGHT CO. CIENA CORPORATION EDWARDS LIFESCIENCES CORPORATION pleasesee“ReviewofCompensationRisk”onpage20ofthisProxyStatement.TheBoardanditscommitteesregularlydiscussthe risksrelatedtotheCompany’sbusinessstrategyattheirmeetings. Corporate Social Responsibility and Political Advocacy and Oversight Health,SafetyandtheEnvironment ItisCheniere’spolicytoprotectthehealthandsafetyofallpersonnel,customersandotherson-siteoraffectedbyouroperations aswellaspreventimpactstotheenvironmentinallaspectsofexecutingourbusinessstrategy.Ourcommitmenttopromotethe health and safety of contractors and employees, to preserve the environment, to contribute to the long-term strength of the communities where we do business and to operate and develop sustainably will ensure strong economic value for all stakeholders. At Cheniere, sustainability and social responsibility are core requirements that are integral to the long-term success of our business. Cheniere provides alowercarbonalternativeto coal and liquid fuelsinsupportoftheglobalshiftto alowercarbon energy mix. Cheniere is committed to continually improving environmental performance, conducting business in an environmentallyresponsiblemannerandreducingimpactstotheenvironment.Tostrengthenthiscommitment,in2018weplan toformalizeourstrategicgoalsintheareaofsustainabilityandsocialresponsibilitybydevelopingasustainabilitystrategicplan andpolicythatalignswithourbusinessandtracksoureconomic,environmentalandsocialperformanceviaagloballyaccepted standardsuchastheGlobalReportingInitiative(GRI)SustainabilityGuidelines. Cheniere’s management integrates occupational health and safety, process safety, integrity management and environmental stewardshipintoallbusinessdecisionsandoperationsandoperationalizesourcorevaluesofTeamwork,Respect,Accountability, Integrity,NimbleandSafety.Infurtheranceofthesecorevalues: HealthandSafety • WepromoteaGenerativeSafetyCulturewherenojobissoimportantthatitcannotbedonesafely; • Wehaveproactivecommittedleadershipandindividualaccountabilityforhealthandsafetywithproactiveidentificationand managementofrisk; • We deliver on performance measurement to drive continual improvement towards eliminating injuries and ill-health and integratehealthandsafetyintoallaspectsofthebusiness; • Wecomplywithapplicablelegalandregulatoryrequirements,conformwithindustrystandardsandverifythroughassurance assessmentsandreviews;and • Weengageemployees,providetrainingandensurecompetencyinsafeworkpracticesandprocedures. EnvironmentalStewardship • Weobtainnecessaryenvironmentalauthorizationsandensurecompliance; • Wepromoteenvironmentalawarenessandeducationthroughoutalllevelsoftheorganization; • Weworktominimizeadverseimpactstotheenvironment; • We implement and fund beneficial use and wetland mitigation projects, with past projects including tidal mitigation, breakwaterstoprotectbirdhabitatsandoysterreefandfishhabitatconstruction; • Wemaintainpositiverelationshipsandproactivelyengagewithregulatorsandcommunitystakeholders;and • Wetrackenvironmentalperformanceofourassetsonaperiodicbasistodemonstrateachievementofourcorporatestrategic goals. CommunityInvestments Wearecommittedtobeingaresponsiblecorporateleaderinthecommunitieswhereweoperateandouremployeeslive.We deliver on this promise by engaging in philanthropic activities that support Cheniere’s values, fostering strong community relationshipsandenhancingemployeesatisfactionandengagement. 16 CheniereEnergy,Inc. NoticeofAnnualMeetingofShareholdersand2018ProxyStatement Total of 02 pages in section CORPORATEGOVERNANCE We have also adopted Global Operating Guiding Principles as part of our Responsible Sourcing Program. The Global Operating Guiding Principles reflect our commitment to internationally recognize human rights and social standards in our supply chain, and apply to all our employees and suppliers and are available on the “Responsibility”pageon our website. SUSTAINABILITY Our Governance & Nominating Committee oversees our sustainability program. We place a high priority on operating in a responsible and respectful manner. Our global sustainability platform focuses on doing what’s right in conducting our business to ensure that we preserve the environment for future generations and provide a safe and healthy working environment for colleagues while promoting the continued success of our commercial enterprise. Our global sustainability platform is derived directly from our organizational values and is a key component of our leadershipstrategy. At the core of our sustainabilityefforts are six pillars: • Brands—delightconsumers withour brands andcontribute towards a more sustainableworld • Ingredients—providesafe andeffective products for consumers andthe environment • Packaging—utilizeconsumer friendlyandenvironmentallyresponsiblepackaging • Employees and Communities—embrace the principles of good corporate citizenship and social responsibilitywithinthe communities wecan impact • Environmental—minimizeenvironmentalimpact of our globaloperations • Responsible Sourcing—taking responsibility for our supplier’s environmental, social and ethical practices We believe that sustainable operations are both financially beneficial and critical to the health of the communities in which we operate. Each year we publish a Sustainability Report that highlights the intersection of our business and corporate responsibility commitments by reporting our financial, environmental, social, and governance performance. For more information regarding the Company’s sustainability initiatives please see the “Responsibility”pageon our website. COMPENSATIONOF DIRECTORS In 2017, our directors’ fees, other than the CEO, consistedof the following: AnnualRetainer • Chairpersonof the Board $272,000 • LeadDirector * $132,000 • Chairpersonof the AuditCommittee $128,000 • Chairpersonof the Compensation& OrganizationCommittee $125,000 • Chairpersonof the Governance & NominatingCommittee * $120,000 • Other non-employeedirectors $110,000 AnnualEquity • AnnualEquityGrant $120,000 SpecialAssignment • SpecialAssignment(Per Meeting) $ 2,000 * Our LeadDirector is currently Chairof the Governance & NominatingCommittee. Church&DwightCo. | 2018ProxyStatement 23 BOARDOFDIRECTORSMATTERS The Compensation Committee also advises the Board on Board committee structure and membership and corporate governance matters. It evaluates the governance environment, receives feedback from management interactions with stockholders, and reviews and recommends to the Board corporate governance enhancements that are in the best interestoftheCompanyanditsstockholders. The Compensation Committee also oversees Edwards’ political activities, including the periodic review of its policy on politicalexpendituresanditspaymentsthatmaybeusedforpoliticalpurposes,andconfirmsthatpoliticalexpenditures from corporate funds are consistent with the policy. In addition, the Compensation Committee reviews and oversees Edwards’ principles, programs and practices on sustainability topics, including environmental and social affairs. Reports concerning political activities and sustainability efforts and metrics are presented periodically to the Compensation Committee. The full responsibilities of the Compensation Committee are included in its written charter, which is posted on our websiteat www.edwards.com under“Investors—CorporateGovernance.” Succession Planning. Our Board is actively engaged and involved in talent management to identify and cultivate our futureleaders.AteveryBoardmeeting,directorsdiscusstheCompany’sleadershipandtalentdevelopment.Ourdirectors also have an opportunity to meet with Company leaders, including executive officers, business group leaders and functionalleadersthroughregularreportstotheBoardfromseniormanagement,technologyshowcasesandmealswith management. In addition, Board members have freedom of access to all employees, and have made site visits to meet localmanagement. We maintain a robust mid-year and annual performance review process for our employees, as well as a leadership development program that cultivates leadership principles in our future leaders. Management develops leadership at lower levels of the organization by identifying key talent and exposing them to the skills and capabilities that will allow theseindividualstobecomefutureleaders. CommunicationswiththeBoard. AnyinterestedpartywhodesirestocontactanymemberoftheBoard,includingthe PresidingDirectororthenon-managementmembersoftheBoardasagroup,maywritetoanymemberormembersof the Board at: Board of Directors, c/o Corporate Secretary, Edwards Lifesciences Corporation, One Edwards Way, Irvine, California 92614. Communications will be received by the Corporate Secretary of the Company and, after initial review and determination of the nature and appropriateness of such communications, will be distributed to the appropriate membersoftheBoarddependingonthefactsandcircumstancesdescribedinthecommunication. CORPORATESOCIALRESPONSIBILITY Our Board recognizes the importance of our sustainability initiatives and the need to provide effective oversight. Our Compensation Committee maintains formal oversight responsibilities with regular discussions at meetings of the full Board. We have established a robust framework for ensuring that our efforts are properly managed and implemented including the establishment of a cross-functional Sustainability Council which includes leaders from across the organization. We receivednumerous recognitions for our sustainabilityand environmentalresponsibilitiespracticesin 2017, someof whicharehighlightedbelow: • Ethisphere’s World’sMostEthicalCompanies ; • First time constituent of the DJSI ESG North America Index —the Dow Jones Sustainability North America tracks the performanceofthetop20%ofthe600largestUnitedStatesandCanadiancompaniesintheS&PGlobalBroadMarket Indexthatleadthefieldinsustainability; • CPA-Zicklin Trendsetter from the 2017 CPA-Zicklin Index of Corporate Political Disclosure and Accountability— companiesintheS&P500arescoredfortheircorporatepoliticalpolicies,disclosureandoversighttransparency;and • Constituent of the global MSCI ACWI ESG Leaders Index —index provides exposure to companies with high ESG performancerelativeto their sector peers and consists of large and mid-capcompaniesacross23DevelopedMarkets and24EmergingMarketscountries. 16 EdwardsLifesciencesCorporation | 2018ProxyStatement Total of 02 pages in section SocialandEnvironmentalResponsibility WehaveadoptedanumberofpracticesandpoliciesthathighlightCiena’scommitmenttosocialandenvironmental responsibilityandthatseektopromotesustainabilityintheoperationofourbusiness.Thesepracticesaredesignedtoposition Cienaasasupplierofchoicetoourcustomers,anemployerofchoicetoourexistingandprospectiveemployees,andaneighbor ofchoiceinourcommunitiesaroundtheglobe.Wearecommittedtotheethicalandenvironmentallyresponsibleoperationofour businessandhaveundertakenanumberofinitiativestoreduceourenvironmentalimpactandtoensureahealthyandsafe workplace.Wehaveachievedandholdanumberofindustry-recognizedglobalcertificationsrelatedtooursystemsaddressing environmentalstandardsandhealthandsafetystandards.Weenforceanumberofrelatedpoliciesinourworkplace,andwe expectoursuppliersandbusinesspartnerstoadheretotheserequirementsandtopromotethesevalues.Amongotherthings, weworkwithanindependentsustainabilitypartnertoconductmaturityassessmentsofkeysuppliersrepresentingasignificant portionofoursupplierexpenditures,andweusethefindingsfromtheseassessmentsasthebasisofidentifyingareasoffuture opportunityordevelopmentwithrespecttoourpracticesandthoseofoursupplychain. Specifically,wemaintainthefollowingapplicablepolicies: ❖ CorporateSocialResponsibilityPolicy WemaintainaCorporateSocialResponsibilityPolicythatseekstopromotetheoperationourbusinessinanethicaland sociallyresponsiblewayandthatreflectsourcommitmenttothecorporatesocialresponsibilityprincipleslaidoutinthe ResponsibleBusinessAllianceCodeofConductandtheUnitedNationsGlobalCompact. ❖ Environmental,HealthandSafetyPolicy WemaintainanEnvironmental,HealthandSafetyPolicythatseekstopromotetheoperationofourbusinessina mannerthatisenvironmentallyresponsibleandprotectiveofthehealthandsafetyofbothouremployeesandthepublic. Copiesofthesepoliciesandrelatedinformationcanbefoundonthe“SocialResponsibility”pageofthe“About”sectionof ourwebsiteatwww.ciena.com. CodesofEthics CodeofBusinessConductandEthics WemaintainaCodeofBusinessConductandEthicsthatsetsstandardsofconductforallofCiena’sdirectors,officersand employees.TheCodeofBusinessConductandEthicsreflectsCiena’spolicyofdealingwithallpersons,includingourcustomers, employees,investors,andsuppliers,withhonestyandintegrity.AllnewemployeesarerequiredtocompletetrainingonourCode ofBusinessConductandEthics,andweconductbothrecurringemployeeaffirmationswithrespecttoourCodeofBusiness ConductandEthicsandperiodictrainingandcommunicationrelatedtospecifictopicscontainedtherein. CodeofEthicsforDirectors Duringfiscal2017,weadoptedaCodeofEthicsforDirectors,whichsupplementstheobligationsofdirectorsundertheCode ofBusinessConductandEthicsandsetsadditionalstandardsofconductforCienadirectors.Amongotherthings,theCodeof EthicsforDirectorsoutlinesresponsibilitiesofourdirectorswithrespecttotheirfiduciaryduties,conflictsofinterest,treatmentof confidentialCienainformation,communicationsandothercompliancematters. CodeofEthicsforSeniorFinancialOfficers InaccordancewiththeSarbanes-OxleyActof2002,wemaintainaCodeofEthicsforSeniorFinancialOfficersthatis specificallyapplicabletoCiena’sChiefExecutiveOfficer,ChiefFinancialOfficerandController.Itspurposeistodeterwrongdoing andtopromotehonestandethicalconduct,andcompliancewiththelaw,particularlyasitrelatestothemaintenanceofCiena’s financialrecordsandthepreparationoffinancialstatementsfiledwiththeSEC. Eachofthesedocumentscanbefoundonthe“CorporateGovernance”pageofthe“Investors”sectionofourwebsiteat www.ciena.com .Youmayalsoobtaincopiesofthesedocumentswithoutchargebywritingto:CienaCorporation,7035Ridge Road,Hanover,Maryland21076,Attention:CorporateSecretary. 2018ProxyStatement 15