Illinois Tool Works Inc
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
Illinois Tool Works provides only high-level statements about its lobbying practices, focusing primarily on compliance rather than alignment with its climate strategy. ITW's Government Affairs Policy "prohibits the use of company assets or funds for political purposes" and clarifies that it "does not have a political action committee," while all lobbying costs "are disclosed in our annual lobbying reports filed with the Clerk of the U.S. House of Representatives." The company states that "we rely on the individual businesses that engage with trade associations to ensure that the engagement activities are consistent with ITW's overall strategy," but offers no details on any centralized review or approval process. Although the "Board has direct oversight of the company's sustainability strategy," there is no indication that this oversight extends to its lobbying or engagement activities. ITW also confirms that it has "no public commitment or position statement to conduct [engagement] activities in line with the goals of the Paris Agreement" and "does not plan to have one in the next two years," suggesting that climate considerations are not formally embedded in its lobbying governance.
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.