Cementos Argos SA

Cementos Argos SA has instituted a governance framework to align its lobbying activities with its climate objectives, particularly focusing on its indirect lobbying through trade and industry associations. The company's Code of Business Conduct "defines the governance framework for stakeholder engagement and covers all jurisdictions where we have operations and guides our lobbying activities and trade and industry association memberships," and its Anticorruption Policy enshrines a "zero tolerance attitude to corruption" for both lobbying and charitable contributions. To ensure associations' positions align with the Paris Agreement, Argos mandates that lobbying is "carried out through trade and industry associations that represent and promote key issues for our company, including climate change and activities aligned with the Paris Agreement," and that these associations "were assessed by reviewing their public positions using their websites, media releases, publications, social media, and, when needed, discussions with the employees who have a relationship with the trade associations." Oversight of engagement approval, progress monitoring, and result validation is assigned to its Corporate Affairs Vice President, who is "responsible for approving the engagement, monitoring the progress, and approving the results." While these procedures demonstrate clear processes and a designated senior officer for indirect lobbying, the company does not disclose any equivalent governance for its direct lobbying activities or a publicly available audit of its climate-related lobbying alignment.