• ESG Governance

    Governance is foundational to our ESG strategy

    • Knowing that Dell Technologies is managing relevant environmental, social and governance (ESG) issues is of increasing importance to our stakeholders. That is why we are committed to advancing these initiatives across our company and integrating the measurement and management of ESG topics into our strategic planning and operations. We understand that ESG is a business imperative, which is why we have formalized ESG as an organization within our company with governance extending to the very top. The ESG organization has the opportunity to add long-term value, minimize risk, attract top talent and drive societal progress by:

      • Meeting expectations of stakeholders
      • Bringing transparency to and improving our ESG performance
      • Governing ESG strategy, risks and performance

      We have two governance bodies responsible for oversight of ESG issues at Dell: our ESG Steering Committee and ESG Interlock Team.

    • Each has its own roles and responsibilities and mirrors and aligns with how we manage risk in the company. We have continued to evolve the responsibilities of these governance bodies to match our growing ESG efforts and follow emerging trends.

      These governance bodies are composed of members from various teams across Dell who create an integrated perspective and approach to ESG. They include representatives from the following business units and corporate functions: sustainability; diversity and inclusion; human resources; giving and social innovation; ethics and privacy; supply chain; corporate affairs; government affairs; internal audit; legal; risk management; investor relations; accounting; and security. Together these governance bodies help us develop, manage and measure our ESG strategy and performance.

    • About Dell Technologies Board of Directors

    • Our Board of Directors is committed to operating in a responsible manner

      A strength of the board of directors stems from the diversity of perspectives and understanding that arises from discussions involving individuals of varied backgrounds and experience. Although the board has not established any formal diversity policy to be used to identify director nominees, when assessing a candidate’s background and experience, the board of directors takes into consideration a broad range of factors, including a candidate’s gender, age, race and ethnicity. We currently have two members on our eight-member board who self-identify as women, and we will continue to ensure a diverse pool of candidates is considered for each seat. Five of our board members are classified as independent, according to New York Stock Exchange guidelines.

    • Role of the Board of Directors in ESG practices and risks

      Our board oversees the establishment and maintenance of our governance, which uses compliance and risk oversight processes and procedures to promote responsible, ethical business conduct that is rooted in integrity. Representatives from our ESG Steering Committee report regularly to the board of directors. Awareness of key risks associated with ESG, such as adapting to climate change is a key responsibility of the board. We provide the board with regular updates on progress against our ESG goals and initiatives.

    • Key responsibilities of our ESG bodies

    • ESG Steering Committee

      • Sets and leads our annual ESG strategy
      • Provides leadership oversight over ESG matters, risks and current/future regulation
      • Ensures there are necessary resources to support ESG efforts
      • Reviews the progress of our ESG goals
      • Supports efforts to improve performance against priority ESG ratings, rankings and awards
      • Monitors global ESG regulatory updates and oversees readiness efforts
      • Engages and provides updates to and from the Dell executive leadership team, board of directors and ESG councils
    • ESG Interlock Team

      • Enables the execution of our ESG strategy
      • Acts as the central hub responsible for coordinating and executing activities among councils, working groups and departments for key focus areas
      • Stays aligned and informed on key risks, regulations, emerging trends and stakeholder priorities
      • Influences decisions that could impact the company’s ESG strategy
      • Monitors performance against our ESG goals and priority ESG ratings, rankings and awards
      • Acts as a conduit to other councils and/or stakeholder groups
      • Engages and provides updates to and from the ESG Steering Committee
    • A comprehensive approach to identifying and managing risks and opportunities

    • Risk management comprises processes to identify potential, significant risks — and manage those risks — to enhance the likelihood of achieving Dell’s business objectives. We leverage ESG-related governance bodies to identifyand manage risks that may impact our ESG-related business objectives. Please refer to our SEC Form 10-K, Item 1A – Risk Factors, for a description of important risks that may impact the company’s performance.

    • In 2020, we carried out a scenario analysis in alignment with the guidance of the Task Force on Climate-related Financial Disclosures (TCFD). In doing so, we assessed the potential impacts to Dell and its stakeholders in the context of future climate-related scenarios. This analysis informed our climate strategy and helped us enhance climate-related engagement internally. We continue to leverage the TCFD framework to review and communicate our governance, risk and opportunity management of climate issues. More detail on our climate risks and opportunities can be found in our CDP climate change questionnaire, section C2.

    • FY23 ESG Report

      In our annual ESG report, we demonstrate how our commitments drive climate action, accelerate the circular economy, support digitally inclusive communities and champion our inclusive workforce.

    • A company culture to believe in​

      Dell executives Jenn Saavedra and Vanice Hayes discuss how leaders can secure new and existing talent.