National Australia Bank Ltd
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
NAB demonstrates moderate climate-lobbying governance through a range of internal policies and procedures that seek to align its direct and indirect policy influence with its climate strategy. For instance, "NAB has an internal consultative process aimed to ensure that our direct and indirect activities that influence policy are consistent with the climate change area of focus in our Group Strategy and with our climate change strategy," and under this process "representatives from relevant business units ... and Group functions such as Risk, Corporate Affairs, Government Affairs and Legal meet together ... to review policy changes and determine the relevance and impact of those policy changes" with "formal approval from relevant internal stakeholders ... prior to the formal submission on proposed regulatory or policy changes." The bank also commits that "NAB s Social Impact team regularly reviews the advocacy activities of NAB s industry associations to ensure continued alignment with the Paris Agreement goal" and maintains a "Stakeholder Advocacy and Action Management Standard Operating Procedure." Despite these documented mechanisms for both direct engagement and industry association oversight, the company does not disclose a specific individual or formal body charged with reviewing or signing off on lobbying alignment, nor does it publish a dedicated climate-lobbying report or third-party audit detailing alignment outcomes.
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.