Molten Ventures PLC

Molten Ventures PLC relies on an "exclusion policy which prevents us from operating nor investing in operations in any industry that goes against our overall climate change strategy" to ensure its activities align with its climate objectives and highlights that as a seat-holder on the BVCA Responsible Investment Advisory Group, "we ensure that Molten's input is consistent with what we do on an individual basis and within our Climate Strategy commitments." This group "is also involved in lobbying/policy consultation for the UK and Europe," and the company notes that "Molten was also involved in feeding into the UN PRI Due Diligence Questionnaire as part of a working group," which provides a concrete mechanism for aligning its indirect lobbying. However, the company does not disclose a formal process for reviewing or managing these engagement activities, does not identify a specific individual or committee tasked with oversight of lobbying alignment, and offers no evidence of direct lobbying governance or periodic auditing of its positions against its climate commitments.