MOL Hungarian Oil & Gas PLC

MOL Hungarian Oil & Gas PLC has established a basic framework for aligning its policy engagement with its climate strategy, noting that "MOL Group's strategy and organizational development departments and its regulatory & public affairs department both belong to the Group Strategic Operations and Corporate Development organization," which "enables direct lines to make sure that strategy is reflected in engagement activities," and stating that "all relevant business departments are consulted to make sure that engagement is in line with MOL Group's strategic directions." The company also affirms a public commitment to align its engagement activities with the Paris Agreement, answering "Yes" to having a position statement to that effect. However, we found no evidence of a specific individual or board committee overseeing climate lobbying alignment, no description of how indirect lobbying through trade or industry associations is governed, and no dedicated policy or detailed review process for monitoring lobbying activities against its climate commitments.