Fresnillo PLC – Lobbying Governance & Transparency

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Lobbying Governance

Overall Assessment	Analysis	Score
Limited	Fresnillo PLC provides some insights into its lobbying activities, particularly through its collaboration with trade associations such as the Mexican Mining Chamber (CAMIMEX) and the Sustainable Development Commission for the Mexican Private Sector (CESPEDES). The company mentions that it "keeps track of the carbon market initiatives of the Mexican government through the Sustainable Development Commission for the Mexican Private Sector (CESPEDES)," and participates in efforts to "build capacities, share best practices and to engage with governments and society at large." However, there is no explicit disclosure of a governance process to ensure alignment of lobbying activities with climate-related goals. While the company describes its engagement with policymakers and trade associations, it does not provide details on oversight structures, monitoring mechanisms, or accountability measures for lobbying alignment. Additionally, there is no mention of a specific individual or committee responsible for overseeing lobbying activities. The evidence also highlights general lobbying efforts, such as lobbying against taxes and regulations, but does not clarify how these align with climate commitments. Therefore, while there is some indication of lobbying activity and engagement, the company does not disclose a robust governance framework for managing or aligning these activities with its climate strategy. View Sources	D

Overall Assessment

Analysis

Score

Limited

Fresnillo PLC provides some insights into its lobbying activities, particularly through its collaboration with trade associations such as the Mexican Mining Chamber (CAMIMEX) and the Sustainable Development Commission for the Mexican Private Sector (CESPEDES). The company mentions that it "keeps track of the carbon market initiatives of the Mexican government through the Sustainable Development Commission for the Mexican Private Sector (CESPEDES)," and participates in efforts to "build capacities, share best practices and to engage with governments and society at large." However, there is no explicit disclosure of a governance process to ensure alignment of lobbying activities with climate-related goals. While the company describes its engagement with policymakers and trade associations, it does not provide details on oversight structures, monitoring mechanisms, or accountability measures for lobbying alignment. Additionally, there is no mention of a specific individual or committee responsible for overseeing lobbying activities. The evidence also highlights general lobbying efforts, such as lobbying against taxes and regulations, but does not clarify how these align with climate commitments. Therefore, while there is some indication of lobbying activity and engagement, the company does not disclose a robust governance framework for managing or aligning these activities with its climate strategy.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Fresnillo PLC offers only a basic picture of its climate-related lobbying. The company acknowledges that it works through the Mexican Chamber of Mines to oppose “harmful taxes and regulations” and to influence the federal government’s energy policy, showing it does use an industry association as a lobbying channel, but it does not explain whether it also deploys meetings, submissions or other direct tactics, nor does it name the specific government bodies or officials it tries to influence. In terms of subject matter, it refers in broad terms to the federal energy policy that favours coal over renewable power and to fiscal initiatives affecting the energy and mining sectors, but it does not identify any specific bill, regulation or amendment. The objectives it describes are similarly broad—seeking compliance with international climate goals and the removal of unfavourable taxes or royalties—without setting out the concrete policy changes or quantitative targets it hopes to secure. This limited detail leaves significant gaps in understanding the company’s exact lobbying positions, methods and goals.	D