Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Sherwin-Williams discloses that “Sherwin-Williams has a cross-functional, senior management Sustainability Steering Committee … [which] establishes policy for the Company with regards to our sustainability programs, including climate change,” and states that this body, together with several technical workgroups, is responsible for “process(es) … to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan.” This indicates that a formal committee at senior-management level oversees how the company’s advocacy and other external interactions are aligned with its climate strategy, which is further reinforced by a “public commitment … to conduct your engagement activities in line with the goals of the Paris Agreement.” The company also acknowledges indirect lobbying by noting that “we are members of the American Coatings Association, who has represented our interests during the development of regulations,” and that it “provide[s] feedback as appropriate,” showing some recognition of how trade-association advocacy connects to its own climate objectives. However, the disclosure does not explain how the Steering Committee monitors or reviews specific lobbying positions, gives no criteria for assessing the climate-policy alignment of the American Coatings Association or other associations, and offers no description of escalation procedures, corrective action, or public reporting on lobbying alignment. There is likewise no dedicated audit or detailed review of either direct or indirect climate-related lobbying. Overall, the company reveals a governance mechanism and a stated alignment commitment, but the processes and monitoring steps for ensuring lobbying consistency with climate goals are only briefly described and lack depth or transparency.
View Sources
|
C |