Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Ryder System Inc. has established a governance and organizational structure to align its policy engagement with its climate change strategy by placing responsibility for both its direct and indirect public policy activities under its Chief Legal Officer, who “serves as liaison of the Board’s Corporate Governance Committee” and oversees Government Affairs, which “oversees the company’s direct and indirect activities related to public policy development and government relations.” Furthermore, the VP Environmental, Real Estate and Fuel Services, reporting to the Chief Legal Officer, “provides an annual report to the Board of Directors Corporate Governance Committee that includes a status of environmental programs, Ryder’s emission reduction strategy and goals, and overall sustainability performance,” and this structure “ensures alignment of all direct and indirect activities that influence policy that influences and is influenced by our climate change strategy.” However, the company does not disclose a public commitment to conduct its engagement activities in line with the goals of the Paris Agreement, and provides no detailed procedure for reviewing or adjusting specific lobbying positions or trade association memberships beyond its annual sustainability reporting.
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