Barco NV

Barco NV's disclosures suggest a modest framework for aligning direct policy engagement with its climate strategy; however, key governance elements for lobbying oversight are not fully articulated. The company explains that "the ECO office coordinates the different engagement activists with the applicable policymakers" and that this office "is part of Barco's governance structure to monitor and steer KPI setting," while also noting that "all Bonus eligible employees are financially incentivized to meet Barco cooperate climate change results," which embeds climate objectives into performance incentives. At the same time, Barco states that "Barco does not make donations or other contributions of any kind to political parties" and "deems the activities related to lobbying and political influence not material for Barco," suggesting limited focus on formal lobbying governance. We found no evidence of Board or committee oversight of lobbying alignment, no defined process for reviewing climate lobbying activities, nor any mechanism for managing indirect lobbying through trade or industry associations, resulting in a governance process that is currently narrow in scope.