M&G PLC

M&G PLC discloses only high-level commitments around its own policy engagement but provides little detail on how this activity is governed. It states that it "works constructively with policymakers to create a policy and regulatory framework that will facilitate the right behaviours" and that it has "a public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement." The company also notes that it "actively engage[s] in consultative processes with our regulators... in our own right, and through investor organisations such as the UK Sustainable Investment and Finance Association (UKSIF) and trade associations such as the Association of British Insurers (ABI)." However, beyond these headline statements, the evidence does not describe a formal procedure for monitoring or reviewing the alignment of lobbying with the company's climate strategy, nor does it identify a board committee or named executive who oversees lobbying alignment. While M&G says it seeks "alignment with lobbying activity, both from the company and its trade organisations," it does not explain how that alignment is assessed, enforced, or reported. We found no disclosure of a lobbying-alignment review, no description of escalation or corrective measures with trade associations, and no dedicated lobbying report. This limited information shows an intention to align policy engagement with climate goals but lacks the governance structures, monitoring mechanisms, and accountability details seen in stronger frameworks.