Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Peab AB discloses a basic but identifiable governance structure for climate-related lobbying. The company notes that "Peab's business areas engage directly and indirectly with policy-makers and trade associations to influence policies, laws and regulations which is consistent with our climate strategy of becoming climate neutral in 2045," and explains that "In 2021, the Board discussed and approved the new organisational setup with a delegated responsibility for sustainability within Peab," indicating that the Board has formally signed off on the approach to policy engagement. Oversight appears to rest with both the Board and management, as "the environmental manager’s mandate in Peab was strengthened," and the Board also approved "a communication plan and a decision to be part of active lobbying for the environment." The company further states that "Peab also ensures that engagements are aligned with our Group environmental and climate targets, as well as our overall environmental management system," suggesting at least an internal process for checking that advocacy aligns with climate objectives. However, Peab does not disclose how it monitors or audits ongoing lobbying activities, provides no detail on review criteria or frequency, and offers no information on how it assesses the positions of the trade associations it belongs to or what corrective actions it might take. There is likewise no publicly available lobbying-alignment report or third-party review. Overall, the disclosure points to a named oversight body and a high-level alignment commitment, but the absence of systematic monitoring procedures, trade-association alignment reviews, or transparent reporting limits the robustness of the governance framework.
View Sources
|
2 |