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Abrdn plc

ISIN: GB00BF8Q6K64 | United Kingdom | Europe
Score 1 - Limited
Full assessment

Abrdn's disclosures focus extensively on sustainability governance within its investment business but provide only limited detail on how it governs its own lobbying activities. It highlights that it "carefully manage climate-related lobbying by ensuring appropriate oversight, transparent disclosure, and alignment of activities with the company's strategy," and under its stewardship framework it expects that disclosures "should be underpinned by a coherent policy that: explains public policy priorities and the rationale for associated expenditure, identifies the management positions responsible for public policy engagement, and provides appropriate mechanisms for board oversight." However, the company does not disclose any specific processes for reviewing or approving lobbying positions, nor does it identify a named individual or board committee with responsibility for overseeing lobbying alignment. We found no evidence of a dedicated climate-lobbying review process, no description of how it engages with or exits trade associations whose positions conflict with its climate strategy, and no published audit or report evaluating the alignment of its lobbying with its climate-related objectives.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in United Kingdom.