Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
RHI Magnesita India Ltd discloses a basic framework that links its external engagement to its climate objectives, noting that "the Board of RHI Magnesita guides the development of our strategy and appetite towards risk" and has "oversight of other material matters such as regulatory developments or reputational and financial topics," while responsibility for climate issues is "assigned to the Corporate Sustainability Committee (‘the Committee’)." Under the question on external engagement, the company repeats that the Committee has a “standing agenda item during quarterly Committee meetings to review climate related risks, strategy and performance,” and that the Committee Chairman "reports to the Board on climate-related matters on a regular basis," indicating that these bodies are expected to oversee how engagement activities align with climate strategy. The company also affirms that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” signalling an expressed policy to align its advocacy with Paris goals. However, the disclosure stops short of detailing concrete monitoring mechanisms or any systematic review of direct lobbying positions and trade-association memberships, and we found no evidence of actions such as assessing, correcting, or withdrawing from misaligned associations. Thus, while there is clear senior-level oversight and a stated alignment commitment, the processes for managing, auditing, or enforcing that alignment in practice are not explained in the public materials provided.
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C |