Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Baxter International Inc has established a structured process to align its policy engagement with its climate change strategy, with oversight from its Board and designated executives, though it does not address trade-association lobbying or align with the Paris Agreement goals. The Nominating, Corporate Governance and Public Policy Committee “oversees our Government Affairs program” and “reviews Baxter’s positions on pending legislation and political advocacy efforts,” and the company explains that “the process... is involvement and coordination by Baxter’s executive-level Corporate Responsibility Committee, Corporate Communications Group and Government Affairs Department,” with the “VP, EHS & Sustainability” responsible for reviewing all engagement activities for consistency with its overall strategy. These activities are “reported to Baxter’s upper management and through the annual corporate responsibility reporting process to internal and external stakeholders,” ensuring recurring review and stakeholder feedback. However, we found no evidence of a mechanism to assess or manage indirect lobbying through trade or industry associations, and Baxter confirms that it does not have “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement” and “we do not plan to have one in the next two years.”
View Sources
|
C |