Great-West Lifeco Inc
- Trade association review
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
Great-West Lifeco maintains an established governance process for its climate-related policy influencing, with "an annual review of our direct and indirect activities that influence public policy" conducted by its Community Relations Department "to ensure relevancy, efficacy and consistency of approach and strategy" and assessing them "for consistency with our overall climate change strategy." This includes both direct advocacy and indirect activities through voluntary sector groups, and extends to its investment subsidiaries via "specific internal processes" noted in their stewardship reports, as exemplified by ILIM's pledge "to advocate for climate action with policy makers, investors, and industry groups." The company also affirms a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." However, the company does not disclose a specific individual or formal board committee with oversight of its lobbying alignment nor provide detail on how the outcomes of its annual review drive corrective or escalation measures beyond aligning new initiatives with "annual strategic objectives."
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 North America or all companies in Canada.