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America Movil SAB de CV

ISIN: US02390A1016 | United States | North America
Score 2 - Moderate
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America Movil's disclosures reflect moderate climate lobbying governance, with formal oversight of its indirect lobbying through industry associations but limited detail on direct advocacy alignment and monitoring. The company explains that "we engage through industry associations in public policy debates concerning the global mitigation of climate change, encouraging the adoption of policies which are aimed at achieving increased investments in clean technology solutions," and states that "our regulatory team is in charge of managing our memberships and engagements with industry associations in an effective manner." It emphasizes that "one of the core elements of this system is the establishment of a solid governance framework to ensure that we conduct ourselves at all times in a transparent and responsible manner in connection with our engagements with industry associations at every level of our organization, including our senior management." Oversight is assigned to "the Audit and Corporate Practices Committee of the Board of Directors of América Móvil, through the Compliance Officer, along with the Corporate Sustainability Department, [who] will be in charge of overseeing, verifying and auditing the observance of the provisions contained in this Policy." However, the company does not disclose processes for ensuring alignment of its direct lobbying efforts, specific procedures for monitoring associations' positions, or any dedicated climate-lobbying audit or public report, indicating gaps in direct advocacy governance.

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 North America or all companies in United States.