Climate Lobbying Index

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Lobbying Governance

Overall Assessment	Analysis	Score
Limited	Arena REIT’s disclosures indicate that any lobbying activity requires oversight, as it is conducted “in accordance with the Anti-Bribery and Corruption Policy, subject to the prior approval of the Managing Director,” and the company confirms that “Arena did not engage in any lobbying activity during FY23.” However, the company does not disclose any mechanism to align its lobbying—direct or indirect—with its climate-related goals, nor does it provide a process for monitoring, reviewing, or reporting on lobbying alignment, such as a specific committee or third-party review. We found no evidence of a dedicated climate lobbying policy or any structured procedure for ensuring that any future lobbying efforts would be consistent with Arena’s sustainability objectives. View Sources	1

Overall Assessment

Analysis

Score

Limited

Arena REIT’s disclosures indicate that any lobbying activity requires oversight, as it is conducted “in accordance with the Anti-Bribery and Corruption Policy, subject to the prior approval of the Managing Director,” and the company confirms that “Arena did not engage in any lobbying activity during FY23.” However, the company does not disclose any mechanism to align its lobbying—direct or indirect—with its climate-related goals, nor does it provide a process for monitoring, reviewing, or reporting on lobbying alignment, such as a specific committee or third-party review. We found no evidence of a dedicated climate lobbying policy or any structured procedure for ensuring that any future lobbying efforts would be consistent with Arena’s sustainability objectives.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Comprehensive	Arena REIT has been fully transparent in stating that it did not engage in any climate-related lobbying during FY23 or FY24. It explicitly affirms “Arena did not engage in any lobbying activity during FY2024” (and similarly for FY23), and clarifies that any future lobbying would require prior approval and adherence to its Anti-Bribery and Corruption Policy. By plainly disclosing its non-engagement, the company leaves no ambiguity about the absence of policy targets, lobbying methods, or desired outcomes in these reporting periods.	4

Arena REIT

Lobbying Transparency and Governance