Advancing our vision and sustainability goals takes leadership across all levels of the organization, up to and including our Board of Directors.

In 2018, Covanta’s Board of Directors had five standing committees that operate under written charters approved by the full board: Audit; Compensation; Nominating and Governance; Finance; and Supply Chain and Construction. In accordance with applicable SEC rules and regulations and New York Stock Exchange listing standards, all the directors who serve on the Audit, Compensation or Nominating and Governance Committees have been determined by the board, in its business judgment, to be “independent” from the Company and its management. The charters of all the committees can be viewed on our website at www.covanta.com.

Governance and oversight of our sustainability strategy and program is critical for its success. Ultimately, our board, specifically the Nominating and Governance Committee, has responsibility for oversight of our sustainability strategy and program. The Chief Sustainability Officer, reporting to our EVP and Chief Legal Counsel and EVP Supply Chain, has the overall responsibility for the sustainability program at Covanta. At a minimum annually, our Chief Sustainability Officer reviews the Company’s sustainability performance and strategy with the Nominating and Governance committee. For a full description of how we integrate sustainability into our business strategy, please refer to our 2018 10-K and our 2019 Proxy Statement.

Covanta values diversity at all levels.  Our Board of Directors values diversity of experience, perspective, education, race, gender and national origin as part of its overall annual evaluation of director nominees for election or re-election.  Currently, of our twelve Directors, three are women and one is racially or ethnically diverse.