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Hilton Worldwide Holdings Inc

ISIN: US43300A2033 | United States | North America
Score 3 - Strong
Full assessment

Hilton Worldwide Holdings has articulated a clear mechanism for aligning its advocacy with climate objectives by embedding in its ESG Strategic Framework a "commitment to advocate for public policies that advance our Travel with Purpose Goals, which are themselves aligned with the Paris Agreement," and by establishing a routine reporting cycle in which "progress toward these commitments are reported quarterly to our Executive Committee, our Board, the Board's NESG committee, and annually in our public reporting." Oversight is firmly assigned to the Board's Nominating & ESG Committee, which "periodically review and assess the Company's ESG strategy, practices and policies," while an SVP overseeing both the ESG and Government Affairs Teams provides direct updates to the Board and NESG Committee each quarter. The firm demonstrates governance of both direct lobbying - through its "global Government Affairs team engages with legislators, regulators and key government decision makers on ESG-related issues" - and indirect lobbying via active engagement with industry associations to "shape public policies and lobby for legislation and regulation that supports our Travel with Purpose Goals." This indicates strong governance of its advocacy activities; however, the company does not disclose a dedicated climate-lobbying alignment audit or third-party review specifically evaluating the alignment of its lobbying activities with its climate 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 United States.