NatWest Group PLC

NatWest Group makes only limited disclosures on how it governs its lobbying and engagement activities in relation to climate policy. The company states that it "constantly monitor[s] regulatory change and work[s] with our regulators to help shape those developments that materially impact the bank, lobbying when necessary either bilaterally or in partnership with one of our affiliated industry bodies," and confirms a "public commitment... to conduct your engagement activities in line with the goals of the Paris Agreement." These statements indicate a declared intention to align climate-related engagement with overall strategy, but we found no evidence of a structured governance mechanism that reviews or signs off lobbying positions, no description of how direct and indirect lobbying is monitored for alignment, and no disclosure of a specific individual or board committee tasked with oversight. Consequently, while the company discloses a commitment to Paris-aligned engagement, the underlying governance framework, monitoring processes, and accountability structures are not described.