Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Edwards Lifesciences has established a structured but narrowly focused governance approach for its climate-related lobbying, centering primarily on indirect engagement through industry associations and standard political oversight rather than a dedicated climate lobbying framework. The company explains that "Edwards has designated representatives that actively participate on topic-specific working teams within the association to ensure that the Corporation's positions, including those around climate, are represented," and these representatives are drawn from "Environment, Health and Safety (EHS), Corporate Impact, Product Stewardship, Government Affairs, and Legal teams." Oversight of all political activities resides with the Government Affairs function, where "the Head of Global Government Affairs, Dirksen Lehman, is responsible for reviewing and certifying that Edwards’ activities are compliant with our political disclosure policy," and the Global Internal Audit function "reviews on a periodic basis compliance of Edwards activities with its policies," reporting to the Board’s Audit Committee and the Compensation and Governance Committee, which "has reviewed Edwards' political activities to ensure compliance with its policies for political transparency." Despite these measures, the company does not disclose any process to ensure its direct lobbying aligns with its climate commitments, we found no evidence of a specific climate-lobbying review or audit, and it has explicitly stated that it will not adopt a public commitment or position statement to align its engagement with the goals of the Paris Agreement, noting "No, and we do not plan to have one in the next two years."
View Sources
|
C |