Allstate Corp/The – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Limited	Allstate has implemented oversight of its political activities through a process whereby “since 2018, Allstate’s chief risk officer has conducted an annual risk and return assessment of Allstate’s political activities to ensure appropriate oversight and management of Allstate’s political activities,” with the 2022 review confirming that its “control framework appropriately manages the risks in Allstate’s political activities and that sufficient governance and oversight processes exist to ensure activities are aligned with Allstate’s risk and return principles.” In addition, “Allstate has maintained an ESG Steering Committee (formerly the Sustainability Council) since 2007,” a cross-functional body of 12 members, co-chaired by its senior vice president of corporate strategy and senior vice president of corporate law, that “meets monthly” and includes representatives from more than 10 business functions to support “public policy matters” including environmental and sustainability issues. However, the company does not disclose any specific mechanisms for aligning its direct or indirect lobbying efforts with its climate strategy, we found no evidence of a dedicated climate-lobbying review process or policy, and it confirms that it has “no public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” nor plans to establish one in the next two years. View Sources	D

Overall Assessment

Analysis

Score

Limited

Allstate has implemented oversight of its political activities through a process whereby “since 2018, Allstate’s chief risk officer has conducted an annual risk and return assessment of Allstate’s political activities to ensure appropriate oversight and management of Allstate’s political activities,” with the 2022 review confirming that its “control framework appropriately manages the risks in Allstate’s political activities and that sufficient governance and oversight processes exist to ensure activities are aligned with Allstate’s risk and return principles.” In addition, “Allstate has maintained an ESG Steering Committee (formerly the Sustainability Council) since 2007,” a cross-functional body of 12 members, co-chaired by its senior vice president of corporate strategy and senior vice president of corporate law, that “meets monthly” and includes representatives from more than 10 business functions to support “public policy matters” including environmental and sustainability issues. However, the company does not disclose any specific mechanisms for aligning its direct or indirect lobbying efforts with its climate strategy, we found no evidence of a dedicated climate-lobbying review process or policy, and it confirms that it has “no public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” nor plans to establish one in the next two years.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Strong	Allstate provides a high degree of transparency around its climate-related lobbying. It names multiple specific federal bills it has engaged on, including H.R. 3111 (the National Flood Insurance Program Administrative Reform Act of 2019), the Resilient AMERICA Act, H.R. 3161 (the Flood Mapping Modernization and Homeowner Empowerment Pilot Program Act of 2021), and S. 2153 (the Repeatedly Flooded Communities Preparation Act). The company explains that it “actively engages lawmakers on issues relating to flood insurance and the NFIP” and similarly “actively engages federal and state governments on catastrophe management issues and building code and land use planning reform,” clearly identifying both its methods and its targets. It also articulates the policy outcomes it seeks—namely to “restore NFIP’s financial integrity, encourage private market participation, and improve customer experience,” as well as to “help protect consumers from fraud and mitigate catastrophes losses”—demonstrating a robust level of detail about its objectives in shaping flood-related insurance policy.	B