The Risk Committee of our Board of Directors provides oversight of the Enterprise Risk Management (ERM) framework, processes, and methodologies and approves our ERM Policy, which covers risk governance, oversight, and risk appetite including credit risk, market risk, operational risk, reputational risk, country risk, model risk, asset-liability management risk, and strategic and business risk. b) Describe management’s role in assessing and managing climate-related risks and opportunities Executive leadership at American Express is directly involved in our ESG Strategy, which includes the management of climate-related risks and opportunities.