NEXTracker Inc

Although Nextracker explains that "the Nominating, Governance and Public Responsibility Committee of our Board of Directors oversees our ESG strategy and the ESG executive council provides periodic updates to the NGPRC on progress" and that this committee "oversees the Company's policies and practices regarding political expenditures, including an annual review of the Company's corporate political contributions, lobbying activities, and trade association dues and payments," the company does not disclose any formal mechanism to ensure its climate-related lobbying aligns with its climate commitments. While Nextracker notes that "engagement activities around climate change target advocacy for equitable renewable energy policy, which is consistent with Nextracker's business model," there is no description of a dedicated policy or process for climate-lobbying alignment, no specific individual charged with climate-lobbying oversight, and no evidence of a climate-focused review or audit of direct or indirect lobbying activities against its transition plan.