Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Danieli & C. Officine Meccaniche discloses that its climate-related external engagement is reviewed through an internal governance cadence, stating that “Once in a monthly basis a Managing Board is organized with all the Business Line Executives to share strategies, vision and Business modelling” and that “On a quarterly basis, all Product Line Executives report to the Board of Directors with a structured summary of the performed activities and revised budget for the activity still to be performed.” The company adds that the “Business Line Directors (Environment, Recycling) set strategies considering the environmental sustainability (including climate change issue),” indicating that climate considerations are built into the oversight discussions. This shows a recurring sign-off mechanism and identifies the Board of Directors and a Managing Board as the bodies that receive information on, and therefore oversee, climate-related engagement activities, which suggests some governance of lobbying alignment. However, the disclosure does not provide detail on how the company assesses the consistency of specific lobbying positions or trade-association memberships with its climate goals, and we found no evidence of a formal monitoring procedure, public alignment review, or actions taken to address misalignments. Overall, the company describes high-level internal oversight but offers limited transparency about the specific processes used to govern direct or indirect climate lobbying activities.
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D |