Leadership Circle Executive Summary 2023

Driving Outcomes: Integrated Approach

Example of Integrated Strategies: Decarbonizing the Electric Power Sector

Example of Integrated Company Engagements: FY24 Proposed Ceres Program Team Engagements by Company

McDonald’s Corp. Amazon.com Inc. Wal-Mart Stores Inc. Apple Bunge Limited Kraft Heinz Co. McCormick & Co. Inc.

State and Federal Policy like Michigan’s 100% Clean Electricity Law

Mondelez International, Inc. Pilgrim’s Pride Corporation Alphabet Inc. Exelon Corporation Ford Motor Company General Mills, Inc. General Motors Home Depot, Inc. Microsoft Corporation PepsiCo, Inc.

Ceres Programs Œ Water Œ Food & Forests

Direct Engagement including industry coalitions like Corporate Electric Vehicle Alliance

Building Leadership like a press release about Duke Energy’s expanded net zero commitments

Œ Financial Regulation Œ Governance & Policy Œ Policy Network Œ Company Network Œ Transportation Œ Ambition ‘’“’ Œ Electric Power Œ Banks Œ Oil & Gas Œ Shareholder Initiative Œ Steel This graphic only includes companies having • or more engagements– Ceres directly engages with many additional companies–

Decarbonizing the Electric Power Sector

Starbucks Corporation State Street Corporation The Wendy’s Company Tyson Foods Inc. Wells Fargo Archer Daniels Midland Company Bank of America Corporation Bank of New York Mellon Corporation

Public Influence like a blog from Dan Bakal, Senior Program Director, Climate and Energy

Investor Strategies including global coalitions like Climate Action 100+

Brown-Forman Corporation Duke Energy Corporation Levi Strauss & Co. M&T Bank Corporation National Grid plc PG&E Corporation Procter & Gamble Co. Unilever Yum! Brands, Inc.

Reporting and Benchmarks like Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the U.S. 2023 (the 19th edition)

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| strategy & outcomes

2023 Leadership Circle Executive Summary | 10

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