Introduction Transforming care Investing in our people Accelerating possibilities Protecting the environment Creating value responsibly Appendix Confronting climate risk As the world faces an increasing number of extreme events, Our climate risk approach including flooding, droughts and other natural disasters, we Our climate risk approach entails good governance, sound strategy, risk management, and metrics have a responsibility to continue to respond to the effects and targets. of climate change. Our climate risk management initiatives align with the guidelines of the Task Force on Climate-related Governance Risk management Financial Disclosures (TCFD), and we partner with a leading risk The Boston Scientific Board of Directors oversees We use analytics and artificial intelligence tools intelligence provider to conduct quantitative and qualitative risk management of environmental and climate-related to map and assess climate risks and potential assessments under multiple scenarios. We use the results of this risks. In 2022, we expanded the charter of the disruptions across the company's value chain. work to make decisions about resiliency investments across our board’s Risk Committee to encompass business We monitor our sites against more than 100 global supply chain. resiliency, including potential climate-related risk indices that track hazards such as wildfires, operational risk. sea-level rise and drought. As we track extreme For complete TCFD details, see the Appendix. weather events and other potential threats, we Strategy collaborate with customers and external partners The company’s Enterprise Risk Management (ERM) to maintain continuity and deliver our medical team continuously analyzes climate risks to identify solutions where they are needed. and manage obstacles that could affect our ability to meet our business objectives. We prioritize our Metrics and targets highest-risk locations and invest in improvements In addition to the metrics and targets outlined to mitigate risk and reinforce resiliency. Our ERM in this report, we use the CDP1 platform to team escalates any potential material impacts to complete a comprehensive assessment of our the Board of Directors. climate-related initiatives annually and received a B score in 2022. We also conduct routine risk assessments of all primary business operations in partnership with our facilities insurer and other outside assurance experts. To learn more about business continuity and risk management, see Creating value responsibly. 1 CDP is a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. 44 2022 Performance Report