Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Piaggio & C. SpA provides some insight into how it governs its policy engagement, indicating moderate lobbying-governance transparency. The company names a clear oversight owner, stating that “Il Presidente è responsabile della sorveglianza delle attività di lobbying”, and details the Chairman’s delegated powers to manage relationships with government bodies, trade unions, business associations and “istituzioni, centri di ricerca… in merito alle politiche di sostenibilità ambientale e di transizione energetica”. The group explicitly links its engagement to internal rules, noting that activities are carried out “in coerenza con il Codice Etico e la Policy sulla Corporate Lobbying di Gruppo” and that the overarching objective is “promuovere una mobilità eco-compatibile… e la tutela dell’ambiente”. These statements reveal the existence of a corporate lobbying policy meant to align advocacy with its environmental aims, and identify the individual charged with supervision, both of which indicate governance beyond basic legal compliance. The company further emphasises transparency through its registration in the EU Transparency Register, pledging to follow the register’s code of conduct. However, the disclosures stop short of describing how the lobbying policy is implemented or monitored in practice, and we found no evidence of regular reviews, board sign-off, or a process to test whether the positions of trade associations such as ACEM, ANFIA or Confindustria are consistent with the group’s climate strategy. Similarly, while sustainability KPIs and reports are reviewed by committees and the Board, these procedures are not explicitly connected to lobbying alignment. Overall, Piaggio evidences a policy framework and named oversight for its lobbying, but does not disclose concrete mechanisms—such as audits, escalation steps, or association-alignment assessments—needed to demonstrate a more robust, climate-specific governance process.
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