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Grainger PLC

ISIN: GB00BGDM7J21 | United Kingdom | Europe
Score 3 - Strong
Full assessment

Grainger PLC has implemented a structured governance framework to ensure that its engagement activities, both direct and indirect, align with its climate change strategy. In particular, "Grainger's Director of Corporate Affairs oversees all engagement activity to ensure that it is aligned to the company's business strategies" and "oversees the business's sustainability function which includes the business's strategy on climate change," ensuring "any direct or indirect engagement activities in relation to policy are consistent with Grainger's overall sustainability strategy, and business strategy." At regular meetings of the Management Committee and Executive Committee, "participants in specific engagement activities (such as those who sit on British Property Federation Committees) feedback on the engagement activities and the outcomes," and "Actions arising from engagement activities are discussed, allocated to a specific representative and disseminated to appropriate business divisions." While these measures indicate strong governance, we found no evidence of a dedicated external audit or publicly available review of lobbying alignment, nor detailed criteria for assessing the policy positions of industry bodies with which Grainger engages.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Europe or all companies in United Kingdom.