Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
SSAB discloses a defined governance process that covers both its own advocacy and its membership of industry bodies. The company states that "SSABs climate policy engagement is adopted by the CEO and is based on the corporate strategy, the Code of Conduct and SSABs support for the goals in the Paris Agreement," indicating top-level approval and alignment with climate goals. Oversight responsibilities are clearly assigned: "Head of Corporate Identity and Group Communications is responsible for ensuring that all SSAB representatives are aware of, and act according to, this guideline," while the guideline itself is "decided by the group executive management," which demonstrates an internal chain of accountability for direct lobbying. For indirect lobbying, SSAB has instituted an explicit monitoring mechanism: "We will yearly assess how industry associations, other organizations and/or platforms in which SSAB is a member, align with the Paris Agreement goals and our own objectives," and it reports that "Under 2023 gjordes en kartlggning Kartlggningen visade att samtliga medlemsorganisationer uppfyller SSABs frvntningar," with a similar mapping repeated in 2024. The policy also requires that "The SSAB engagement in advocacy and lobbying activities are to be conducted based on the principles of openness, neutrality and responsibility, and must be clearly identifiable as being made on behalf of SSAB," which sets explicit behavioural rules for direct engagements. These disclosures indicate strong governance: there is a standing guideline, an annual review of trade-association alignment, and named senior executives charged with oversight. However, the company does not disclose the detailed findings of its association reviews, any corrective actions taken when misalignment is identified, or independent assurance of the process.
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B |