Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Croda International PLC provides some insights into its approach to external engagement and alignment with climate-related goals, emphasizing employee awareness and training. The company states that "employee engagement is key to ensure all employees who may be engaging externally are aware of our climate related strategy and commitments and how these are aligned to the goals of the Paris Agreement." It highlights initiatives such as global education campaigns delivered by its internal "Purpose Team" and training for management teams on decarbonization and climate strategy. Additionally, Croda mentions that "a lot of our external engagement, particularly with trade associations, is all around encouraging other businesses to commit to the same level of ambition, aligned with the goals of the Paris Agreement." However, while these efforts demonstrate a commitment to climate-related engagement, the evidence does not explicitly describe a governance process for monitoring or managing lobbying activities, nor does it identify specific individuals or committees responsible for overseeing lobbying alignment. Furthermore, there is no mention of mechanisms to ensure alignment of indirect lobbying through trade associations or industry bodies. The company does note that "all employees are bound by our Code of ethics when conducting external engagement activities," but this does not constitute a detailed governance framework for lobbying alignment.
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