Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Coherent Corp’s lobbying governance is centered on its Chief Sustainability Officer, who “is responsible for ESG and climate action, and also for Risk Management, Mergers and Acquisition, and Government Affairs” and therefore “would be aware of any action to influence policy, regulation, or law related to climate action, and ensure consistency with our climate commitments and transition plan.” This assignment of oversight to a named executive indicates a mechanism for reviewing lobbying alignment, but the company does not disclose any formal policy or detailed process for monitoring or managing its direct or indirect lobbying activities, and we found no evidence of criteria for assessing or aligning trade association engagement with climate goals. Furthermore, Coherent Corp explicitly states it “does not plan to have” a public commitment to align its engagement activities with the goals of the Paris Agreement, indicating that structured alignment measures are not in place.
View Sources
|
2 |