Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Melrose Industries discloses only limited elements of a governance framework for aligning its external advocacy with its climate goals. It states that it has a “public commitment … to conduct [its] engagement activities in line with the goals of the Paris Agreement”, and when asked to describe its process it notes that “the Melrose senior management team engages with CDP, investors and ratings agencies in matters relating to climate change and the pathway set out in our Climate Transition Plan”. This indicates an intention to keep external communications consistent with its climate strategy, but the company does not disclose a structured mechanism for monitoring or reviewing lobbying positions or trade-association activities. Although the Board “oversees and retains ultimate responsibility for the Group’s strategy, initiatives, and disclosure in respect of improving the Group’s sustainability performance” and sustainability is “a standing topic on the Board’s quarterly agenda”, there is no explicit reference to the Board, any committee or named executive having responsibility for checking that direct or indirect lobbying is aligned with climate commitments. The policy on political donations merely “recognises that from time to time our Group may comprise businesses that engage in policy debate and advocacy activities on subjects of legitimate concern to their respective industries”, but provides no description of oversight, sign-off, or escalation procedures for such advocacy. Memberships of initiatives such as the Jet Zero Council and Hydrogen in Aviation are listed, yet the company “does not disclose” how it evaluates or manages potential misalignment between those groups’ lobbying and its own climate transition plan. In short, Melrose has articulated a high-level commitment but has not made public any detailed governance process, monitoring schedule, or responsible body for climate-lobbying alignment, which indicates only nascent governance in this area.
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