Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Hyatt Hotels Corp has established a formal process to govern its indirect climate policy engagement through trade associations and NGO partnerships but does not provide governance for direct lobbying efforts. According to the company, “Hyatt currently engages indirectly on climate change policy through trade associations or NGO partners rather than direct involvement such as lobbying,” and has implemented a review mechanism whereby “any relevant and new support for an association or initiatives are identified by functional or regional representatives and raised to the environmental sustainability department and the ESG Steering Committee to ensure consistency with the Company strategy.” The policy further states that “any issues raised would be escalated to the executive level by the Environmental Sustainability Department,” and that “we utilize our annual disclosures to the CDP Climate Change program to assess whether the public policy positions of trade associations with which Hyatt has an affiliation are consistent with our own climate change strategy.” While this indicates that indirect lobbying is monitored and overseen by a formal body—the ESG Steering Committee—the company does not disclose any governance process for direct lobbying efforts or a public commitment to align engagement activities with the goals of the Paris Agreement, noting that it “do not plan to have one in the next two years.”
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