Solaria Energia y Medio Ambiente SA – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	Solaria has established a robust ESG structure overseen by its Board of Directors and an Ethics, Compliance and ESG Committee, as highlighted by the fact that “the ethics, compliance and ESG committee is in charge of promoting, monitoring and periodically revising the alignment of challenges associated with the Company’s activity and its strategy of sustainability,” and that in 2020 “the Board of Directors appointed an Ethics, Compliance and ESG Committee which was responsible for the Company’s sustainability strategy and, inter alia, issues related with climate change and environmental protection.” However, the company’s disclosures do not describe any specific process for governing its lobbying or trade association engagement to ensure alignment with its climate commitments. Its only statement on external engagement is that “Solaria is therefore joining different associations to contribute to the green transition, to help generate consensus and to contribute to the regulatory, political and scientific roadmaps,” with no indication of review, sign-off, monitoring or corrective measures to align these associations’ positions with its climate transition plan. We found no evidence of a dedicated governance process for assessing or overseeing external lobbying activities against its climate goals. View Sources	E

Overall Assessment

Analysis

Score

None

Solaria has established a robust ESG structure overseen by its Board of Directors and an Ethics, Compliance and ESG Committee, as highlighted by the fact that “the ethics, compliance and ESG committee is in charge of promoting, monitoring and periodically revising the alignment of challenges associated with the Company’s activity and its strategy of sustainability,” and that in 2020 “the Board of Directors appointed an Ethics, Compliance and ESG Committee which was responsible for the Company’s sustainability strategy and, inter alia, issues related with climate change and environmental protection.” However, the company’s disclosures do not describe any specific process for governing its lobbying or trade association engagement to ensure alignment with its climate commitments. Its only statement on external engagement is that “Solaria is therefore joining different associations to contribute to the green transition, to help generate consensus and to contribute to the regulatory, political and scientific roadmaps,” with no indication of review, sign-off, monitoring or corrective measures to align these associations’ positions with its climate transition plan. We found no evidence of a dedicated governance process for assessing or overseeing external lobbying activities against its climate goals.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Solaria offers only limited insight into its climate-policy lobbying. It reports acting through the Spanish Green Growth Group and says this collaboration is intended to "help generate consensus and to contribute to the regulatory, political and scientific roadmaps," indicating an indirect lobbying mechanism but without naming which ministries, regulators or legislators are approached or how the engagement is conducted. The company likewise speaks in broad terms about aiming to "influence policies that enable the necessary changes to be activated in order to achieve an appropriate energy transition," yet it does not identify any specific law, regulation or policy instrument it has tried to shape. Finally, while it expresses a general ambition to support the green transition, it provides no concrete legislative amendments, targets or positions it seeks to advance. Collectively, these disclosures convey some acknowledgment of climate-related advocacy but leave most of the substantive details—specific policies, methods, targets and desired outcomes—undisclosed.	D