Lobbying Governance
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Hudaco Industries Ltd outlines extensive enterprise risk management and general corporate governance structures, including that “The audit and risk management committee and the board assess the risks in the group’s business environment with a view to eliminating or reducing them in the context of the group’s strategies, operations and risk appetite,” that “Management is responsible for managing risks on a daily and operational basis,” and that “The board seeks to ensure that good governance is practiced at all levels in the group and that it is an integral part of Hudaco’s operations.” While these disclosures demonstrate robust risk oversight and committee structures, the company does not disclose any specific governance mechanisms, monitoring procedures, or oversight responsibilities for its lobbying activities, nor any process for aligning direct or indirect lobbying with climate-related policy objectives.
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