Wacker Chemie AG – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Strong	Wacker Chemie AG describes a clearly defined process for aligning its lobbying and external engagement with its climate strategy, overseen by cross-departmental collaboration and formal governance bodies, though it does not publish a dedicated lobbying audit report. As the company explains, “binding rules in line with our corporate governance” govern its political communication and WACKER Communications’ outreach “follows ethical principles and is subject to both legal regulations and internal specifications.” To ensure consistency with its climate objectives, WACKER’s “corporate departments Governmental Relations, Sustainability, Environment, Communication, Procurement & Logistics and Corporate Development work together closely with the business divisions” and discuss “corporate positions ... on a working level before they are presented to the Sustainability Council, where senior representatives of all relevant business divisions and aforementioned corporate departments are present.” Climate issues are “company-wide steered by the Corporate Sustainability Department” and any “inconsistencies are discovered at an early stage” or are “escalated to a higher level, providing different options to solve the inconsistencies.” The company also commits publicly “to conduct [its] engagement activities in line with the goals of the Paris Agreement” and actively engages both directly and indirectly “through industry associations, cross-industry business alliances or by directly contributing to the political dialogue with the expertise of our own advocacy experts.” However, Wacker Chemie AG does not disclose any detailed third-party audit or stand-alone report assessing the alignment of its climate-related lobbying activities. View Sources	3

Overall Assessment

Analysis

Score

Strong

Wacker Chemie AG describes a clearly defined process for aligning its lobbying and external engagement with its climate strategy, overseen by cross-departmental collaboration and formal governance bodies, though it does not publish a dedicated lobbying audit report. As the company explains, “binding rules in line with our corporate governance” govern its political communication and WACKER Communications’ outreach “follows ethical principles and is subject to both legal regulations and internal specifications.” To ensure consistency with its climate objectives, WACKER’s “corporate departments Governmental Relations, Sustainability, Environment, Communication, Procurement & Logistics and Corporate Development work together closely with the business divisions” and discuss “corporate positions ... on a working level before they are presented to the Sustainability Council, where senior representatives of all relevant business divisions and aforementioned corporate departments are present.” Climate issues are “company-wide steered by the Corporate Sustainability Department” and any “inconsistencies are discovered at an early stage” or are “escalated to a higher level, providing different options to solve the inconsistencies.” The company also commits publicly “to conduct [its] engagement activities in line with the goals of the Paris Agreement” and actively engages both directly and indirectly “through industry associations, cross-industry business alliances or by directly contributing to the political dialogue with the expertise of our own advocacy experts.” However, Wacker Chemie AG does not disclose any detailed third-party audit or stand-alone report assessing the alignment of its climate-related lobbying activities.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Strong	Wacker Chemie AG provides a generally solid picture of its climate-related advocacy. It names several concrete policy initiatives it has engaged on, including Germany’s legal framework for achieving climate neutrality by 2045, the associated “summer and Easter packages” aimed at accelerating renewable-energy expansion, its call for a “temporary bridge electricity price” for energy-intensive industry, and its endorsement of the Antwerp Declaration for a European Industrial Deal. The company states that it “supported the goal of this ambitious legal framework vis-à-vis political stakeholders” and has “advocated the rapid and ambitious expansion of renewable energies in Germany,” clearly linking its efforts to identifiable jurisdictions. While it confirms that it engages “political stakeholders” in Germany and the EU, it does not describe the specific mechanisms—such as meetings, letters, or formal consultations—through which this engagement occurs. The desired outcomes are articulated in detail: implementation of the bridge electricity price to safeguard competitiveness, provision of “large amounts of renewable electricity at internationally competitive prices” to meet Scope 2 goals, and a market framework that reduces bureaucracy, encourages investment and innovation, and keeps industrial energy costs low. These disclosures offer strong insight into what the company is lobbying for and why, even though the precise channels of influence remain largely unspecified.	3