Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
MetLife demonstrates a structured approach to ensuring its policy advocacy aligns with its climate strategy, with specified approval processes and departmental oversight. It maintains an “official climate change policy statement” accessible on its sustainability website and confirms that “our direct and indirect policy activities are consistent with this strategy,” reflecting active alignment of both direct and indirect lobbying. Before engaging with trade organizations, corporate pledges or other policy-related activities, “all MetLife employees must undergo the appropriate approval process, including vetting activity and subject matter with appropriate senior finance, risk or investment leadership,” illustrating a clear process for oversight of lobbying engagements. The Corporate Affairs department reinforces this governance through a suite of policies—such as the “public official interaction policy” and “corporate contributions policy”—to ensure that “all public MetLife messages and engagements will consistently and accurately reflect MetLife’s positions on a variety of topics, including climate change.” These communications, along with broader sustainability disclosures, are “closely reviewed by the Sustainability Team, in conjunction with a working group consisting of many departments and geographies, for consistency with MetLife’s climate strategy,” providing additional oversight and review. While these processes outline clear internal checkpoints and formal bodies responsible for governance, the company does not disclose a dedicated climate-lobbying audit or a specific board-level committee charged with reviewing climate-policy alignment.
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B |