Alcoa Corp
- Board oversight
- Trade association review
- Direct lobbying governance
- Regular monitoring cycle
Alcoa Corporation has established oversight of its public policy advocacy, with its senior and executive management reporting periodically to the Safety, Sustainability and Public Issues Committee of the Board of Directors, which "has oversight responsibility of the Company's political activities and matters of public policy and corporate citizenship, pursuant to its Charter." The company maintains "policies and procedures governing our public policy and engagement process, including political contributions and lobbying activities" and a procedure "to identify and screen potential lobbyists," and it "periodically evaluates our industry association memberships and policy alignment," offering to "share our position in the association" or to assess membership value if "differences remain significant." However, Alcoa does not disclose a specific policy or process for aligning its direct lobbying activities with its climate strategy, nor does it provide evidence of a dedicated review or audit of climate-related lobbying. We found no description of sign-off steps or criteria for assessing direct climate-lobbying positions, and no publicly available report detailing how its environmental and climate advocacy is validated against its climate-change goals.
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 Asia-Pacific or all companies in Australia.