Air Liquide SA

Air Liquide discloses a well-structured and transparent governance system that addresses both its own advocacy and its memberships in industry bodies, and it supports these disclosures with a published climate-lobbying review. The company states that "the corporate team ensures that advocacy messages are aligned with our ESG and business objectives, including the climate objectives, through a governance involving business and corporate stakeholders," while the "Corporate European and International Affairs Department...is coordinated...to support our engagement policy," showing an internal mechanism that oversees direct lobbying alignment. Oversight reaches board level, as "A thorough review of Public Affairs activities was held in 2021 with the Group's Audit Committee, where processes and governance were addressed," and the Public Affairs Charter is "published internally and externally," providing clear rules and accountability. For indirect lobbying, Air Liquide runs a formal, recurring audit: "We publish a yearly review of our main associations...using a multi-source content...to assess: 1. Explicit alignment with Paris agreement's goals...2. Alignment with Air Liquide's advocacy positions on climate," and the company publicly released the findings, noting that in 2023 it "reviewed 33 associations...27 alignments, 5 part-alignments and 1 misalignment." Corrective action is demonstrated: "Air Liquide has engaged in 2023 with the leadership of the association...In 2024, Air Liquide is no longer a member of AFPM." The policy also governs future memberships: "Before joining any new association, each Air Liquide entity shall verify the climate objective positions of such association," and sets escalation steps when misalignment persists, including terminating membership. These disclosures go beyond commitments, providing detailed processes, responsible bodies, annual monitoring, published assessments, and evidence of action, indicating strong and comprehensive governance of both direct and indirect climate lobbying activities. No material gaps were found in the description of monitoring, oversight, or corrective processes, which indicates very strong governance.