Vesuvius PLC

Lobbying Governance

AI Extracted Evidence Snippet Source

Vesuvius has established long-term relationships, either directly, or through some of its employees with several national and international trade associations directly related to our activities and to those of our customers. These trade associations advocate on major public policy issues of importance to Vesuvius, and are helpful for networking, building industry skills, civic participation and monitoring of industry policies and trends. They also provide information and perspectives on legislative matters of significance to the Group and our lines of business. Vesuvius' participation as a member of these associations comes with the understanding that we may not always agree with all the positions of an association or its other members. [...] Vesuvius is a member of the World Refractory Association, CerameUnie, the European Refractory Association, the Association for Iron & Steel Technology, the Confederation of Indian Industries, and the British Ceramics Association. These trade associations have all made climate change a clear focus area, with a variety of resulting actions such as engaging with regulators and policymakers, awareness and capability building within the industry, promotion of best available practices and technologies, and management of collaborative research projects. [...] Working with trade associations, lobbying and political expenses Vesuvius and its employees on behalf of Vesuvius, do not make contributions to political candidates or political parties. Similarly, Vesuvius does not make any direct lobbying expenditure or spend any corporate funds on political advocacy. Around the world, we participate in government and industry working groups, are members of industry associations, and engage in direct contact with independent bodies on key business issues. This ensures that we can help in shaping new policies, regulations and standards, and ensure compliance with existing requirements.

https://www.vesuvius.com/content/dam/vesuvius/corporate/Sustainability/Vesuvius_SR21_Interactive_220406.pdf

Vesuvius does not allow contributions to political candidates or political parties and does not incur political expenditure. Vesuvius shall comply with all applicable laws that require reporting on lobbying and related activities. Similarly, Vesuvius does not have any direct involvement and prohibits any direct lobbying expenditures or spend of any corporate funds on political advocacy. Advocacy on non-political topics relevant to the business is permitted. These policies apply to all Vesuvius operations (owned and joint ventures). Vesuvius is committed to openly declaring business interests and ensuring information provided is up-to-date, complete and not misleading. Vesuvius employees are prohibited from obtaining or trying to obtain information, or to make any decision dishonestly. Vesuvius is a member of the World Refractory Association, CerameUnie, the European Refractory Association, the Association for Iron & Steel Technology, the Confederation of Indian Industries, and the British Ceramics Association. These trade associations have all made climate change a clear focus area, with a variety of resulting actions such as engaging with regulators and policymakers, awareness and capability building within the industry, promotion of best available practices and technologies, and management of collaborative research projects. Other topics we engage in include safety, the development of recycling, environmental regulations, training and upskilling of the workforce, and non-financial reporting and disclosures. Around the world, we participate in government and industry working groups, are members of industry associations, and engage in direct contact with independent bodies on key business issues. This ensures that we can help in shaping new policies, regulations and standards, and ensure compliance with existing requirements. Vesuvius has established long-term relationships, either directly, or through some of its employees with several national and international trade associations directly related to our activities and to those of our customers. These trade associations advocate on major public policy issues of importance to Vesuvius, and are helpful for networking, building industry skills, civic participation and monitoring of industry policies and trends. They also provide information and perspectives on legislative matters of significance to the Group and our lines of business. Vesuvius' participation as a member of these associations comes with the understanding that we may not always agree with all the positions of an association or its other members.

https://www.vesuvius.com/content/dam/vesuvius/corporate/Sustainability/2023-update/Vesuvius_SR22_Interactive_FINAL.pdf