Ermenegildo Zegna NV – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	Ermenegildo Zegna NV does not disclose any internal mechanisms or oversight structures specifically governing its lobbying activities. The evidence shows that "The Governance and Sustainability Committee advises the Board and acts under authority delegated to it by the Board with respect to: [...] Monitoring, evaluation and reporting on the sustainable policies and practices, management standards, strategy, performance and governance globally of the Group and its subsidiaries; and Reviewing the annual Sustainability Report of the Group before Board approval and reviewing any governance-related public disclosures," and that this Committee "was regularly informed about the Group’s climate strategy and more in general on the Group’s ESG performance vs. its commitments," but we found no evidence that any of these bodies oversee or review lobbying alignment. Moreover, when asked, the company states, "Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? […] No, and we do not plan to have one in the next two years," indicating the absence of any public commitment or process to align lobbying or engagement activities with climate goals. We found no disclosure of any policy, named individual, or formal body responsible for ensuring direct or indirect lobbying aligns with the company’s climate or sustainability objectives. View Sources	E

Overall Assessment

Analysis

Score

None

Ermenegildo Zegna NV does not disclose any internal mechanisms or oversight structures specifically governing its lobbying activities. The evidence shows that "The Governance and Sustainability Committee advises the Board and acts under authority delegated to it by the Board with respect to: [...] Monitoring, evaluation and reporting on the sustainable policies and practices, management standards, strategy, performance and governance globally of the Group and its subsidiaries; and Reviewing the annual Sustainability Report of the Group before Board approval and reviewing any governance-related public disclosures," and that this Committee "was regularly informed about the Group’s climate strategy and more in general on the Group’s ESG performance vs. its commitments," but we found no evidence that any of these bodies oversee or review lobbying alignment. Moreover, when asked, the company states, "Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? […] No, and we do not plan to have one in the next two years," indicating the absence of any public commitment or process to align lobbying or engagement activities with climate goals. We found no disclosure of any policy, named individual, or formal body responsible for ensuring direct or indirect lobbying aligns with the company’s climate or sustainability objectives.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	Ermenegildo Zegna NV provides virtually no insight into how, or whether, it seeks to influence climate-related public policy. Although the company describes participation in collaborative sustainability initiatives such as the Collective Virtual Power Purchase Agreement and the Re.Crea Consortium, it does not identify any specific climate laws, regulations, or government proposals it has tried to shape, nor does it name policymakers, agencies, or legislative fora it has approached. Likewise, the disclosures contain no description of lobbying techniques—such as meetings, written submissions, or association advocacy—that would reveal a structured engagement with rule-makers. Finally, while the company sets internal environmental targets (e.g., reaching net-zero emissions by 2050), it never links these ambitions to external policy outcomes it is seeking to achieve through lobbying. In the absence of identifiable policies, mechanisms, or desired legislative outcomes, the company’s transparency on climate lobbying is effectively nonexistent.	E