Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Strong |
Kerry Group PLC has a solid governance framework to ensure its engagement activities align with its climate change strategy, underpinned by oversight from its Board’s Sustainability Committee and a formal Responsible Political Engagement Policy. The Sustainability Committee, “responsible for overseeing the Group’s sustainability objectives and performance, including the delivery of the Group’s Beyond the Horizon sustainability strategy,” is supported by a Sustainability Executive Committee and a Sustainability Council that “has ultimate responsibility for directing all sustainability activities including those relating to climate change,” with council members engaging externally or approving Kerry’s positions. The Corporate Affairs and Regulatory Affairs departments “take a key lead in engagement with external bodies, helping to ensure that Kerry's position is consistent across these organisations,” and at site level a stakeholder engagement process captures “details of more indirect and local level activities,” which are “reviewed at Group level to ensure engagement is consistent with Kerry Group position.” The Responsible Political Engagement Policy, which governs direct lobbying and interactions with trade associations, “is owned and maintained by the Group’s Legal function” and “is reviewed by the Group legal function annually.” This demonstrates clear processes for monitoring and oversight of both direct and indirect lobbying; however, the company does not disclose a dedicated climate-lobbying audit or specific criteria for evaluating the climate alignment of its participation in industry associations.
View Sources
|
B |