Environmental issue |
Positions of individuals or committees with accountability for this environmental issue |
Positions’ accountability for this environmental issue is outlined in policies applicable to the board |
Policies which outline the positions’ accountability for this environmental issue |
Frequency with which this environmental issue is a scheduled agenda item |
Governance mechanisms into which this environmental issue is integrated |
Scope of board-level oversight |
Please explain |
Climate change |
Chief Executive Officer (CEO),
Chief Financial Officer (CFO),
Chief Operating Officer (COO),
Chief Sustainability Officer (CSO),
General Counsel,
Other, please specify - Specify: Board-level committee
|
Yes
|
Other policy applicable to the board, please specify - Specify: ESG Committee Charter
|
Scheduled agenda item in every board meeting (standing agenda item)
|
Reviewing and guiding the assessment process for dependencies, impacts, risks, and opportunities
|
Risks and opportunities to our own operations,
The impact of our own operations on the environment
|
The Board of Directors provides strategic direction on climate change through its dedicated Environmental, Social, and Governance (ESG) Committee. The Board views robust climate governance as fundamental to long-term business resilience and sustainable value creation, a commitment reflected in the Committee's charter. To ensure consistent and high-level focus, climate-related strategy, risk, and performance is a standing agenda item at the ESG Committee's meetings, facilitating continuous engagement with senior leadership, including the CEO, CFO, and COO. The ESG Committee's role is to ensure the thoughtful integration of climate-related issues into the fabric of our corporate strategy and financial planning. It provides high-level guidance to management on how climate risks and opportunities should inform major business decisions, from annual budgets and significant capital expenditures to the company's long-term technology roadmap. The Committee also ensures that climate risk is not treated in isolation, but is fully embedded within Akamai's comprehensive Enterprise Risk Management (ERM) framework, guiding the company's approach to both physical and transition risks. A key function of the Committee's oversight is to foster a culture of accountability and performance. The Committee actively monitors progress against Akamai's ambitious public climate targets, such as our 2030 goals for net-zero emissions and 100% renewable energy. To ensure a strong link between strategy and execution, the Committee oversees the mechanism that connects progress on these climate objectives to executive compensation plans. This holds senior leadership directly accountable for delivering on Akamai's climate commitments. |
Forests |
No response provided
|
No response provided
|
No response provided
|
No response provided
|
No response provided
|
No response provided
|
No response provided
|
Water |
Chief Executive Officer (CEO),
Chief Financial Officer (CFO),
Chief Operating Officer (COO),
Chief Sustainability Officer (CSO),
General Counsel,
Other, please specify - Specify: Board-level committee
|
No
|
No response provided
|
Scheduled agenda item in some board meetings – at least annually
|
Reviewing and guiding the assessment process for dependencies, impacts, risks, and opportunities
|
Risks and opportunities to our own operations,
The impact of our own operations on the environment
|
The Board of Directors provides strategic oversight on environmental matters, including water security, through its Environmental, Social, and Governance (ESG) Committee. The Committee's charter provides a broad mandate to oversee strategies and risk management policies for all key environmental topics, with engagement prioritized based on materiality. Accordingly, its primary focus is on Akamai's most significant environmental issue, climate change, with interconnected topics like water stewardship being addressed within this broader context of climate risk and value chain resilience. The ESG Committee's oversight is informed by Akamai's unique business model, where our water footprint is primarily indirect and occurs within our third-party data center supply chain. The Board's strategic guidance, therefore, focuses on ensuring management has a thoughtful approach to value chain engagement. This includes overseeing management's efforts to encourage partners to evaluate their own water-related risks, adopt more efficient cooling technologies, and improve data transparency. The Committee's review of the company's ISO 14001-compliant EMS ensures that a formal process is in place to assess a range of physical climate risks, including those related to water stress in key operational regions. The Board recognizes that enhancing governance in this area is linked to improving data visibility within our value chain. Therefore, as our supplier engagement programs yield more comprehensive data on our indirect water footprint, the Board's oversight will mature in parallel. This ensures our governance continues to align with our long-term sustainability goals and our commitment to responsible resource management. |
Biodiversity |
Chief Executive Officer (CEO),
Chief Financial Officer (CFO),
Chief Operating Officer (COO),
Chief Sustainability Officer (CSO),
General Counsel,
Other, please specify - Specify: Board-level committee
|
No
|
No response provided
|
Scheduled agenda item in some board meetings – at least annually
|
Reviewing and guiding the assessment process for dependencies, impacts, risks, and opportunities
|
Risks and opportunities to our own operations,
The impact of our own operations on the environment
|
At Akamai, the Board of Directors provides strategic guidance on environmental matters through its Environmental, Social, and Governance (ESG) Committee. The Committee's primary focus is on Akamai's most material environmental issue, climate change, which is a standing agenda item. The Committee's mandate also includes oversight of all interconnected sustainability topics such as water security and biodiversity, which are addressed as part of the broader sustainability updates when applicable or needed. The ESG Committee actively guides the integration of these environmental considerations into Akamai's core business strategy. While emerging topics like biodiversity may not be discussed with the same frequency as climate change, they are reviewed at least annually, ensuring consistent high-level engagement. This oversight is managed through the review of our ISO 14001-compliant EMS and our enterprise risk management processes. For an evolving topic like biodiversity, the Committee's oversight is focused on supporting management in building a thoughtful and strategic foundation for our nature-positive approach. The Committee's guidance helps shape the company's growing understanding of its relationship with the natural world and informs how nature-related considerations are integrated into our long-term business strategy and value chain partnerships. This approach allows the Board to provide effective oversight that is prioritized by materiality, affirming Akamai's commitment to responsibly managing its relationship with the natural world. |