CP ALL PCL
- Trade association review
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
CP ALL PCL has established governance procedures overseen by its Sustainability and Corporate Governance Committee, which "is responsible for overseeing all CPALL sustainability activities, including external engagement on climate change," supported by a Sustainable Development Sub-committee "in charge of implementing projects and activities in accordance with the committee's strategic directions." All "activities and decisions that may involve policy influences will be assessed by the Corporate Governance and Sustainability Committee prior to implementation by the Sub-committee," ensuring that direct and indirect engagement is evaluated against its climate change strategy. The company also engages "risk champions from all functions and business divisions" through knowledge-sharing sessions and seminars "to convey the company's strategy" so that "activities that influence policy directly or indirectly are in line with our overall climate change strategy." CP ALL PCL tracks progress through its system of "monitoring and evaluation, and an annual reporting of performance against goals," and publicly commits to conducting its engagement activities "in line with the goals of the Paris Agreement." This indicates strong governance, with clearly defined oversight, review processes, and mechanisms to align lobbying and other policy-influencing activities with the company's climate objectives.
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 Singapore.