Orica Ltd
- Named executive owner
- Direct lobbying governance
Orica's governance framework for climate-related advocacy demonstrates strong oversight of industry association engagement but lacks explicit governance processes for direct lobbying activities. Its approach "is governed by an internal group standard which outlines business requirements in relation to memberships aligning to business needs, internal approval pathways and responsible advocacy," and it "requires that representations to stakeholders are consistent with any Orica Group positions on regulatory or government-related issues." Furthermore, "climate change is a material governance and strategic risk which is overseen by the Orica Board," and control over memberships rests with the Regional President or Managing Director and CEO, with the Vice President Corporate Affairs "maintaining visibility of industry association memberships that are across more than one country." Each membership has a designated relationship owner ensuring "industry association engagement aligns with Orica's climate and energy policy positions," and a corporate register underpins "ongoing industry association reviews." However, we found no evidence of a corresponding review process for Orica's direct lobbying or any publicly available audit of climate-related advocacy, suggesting the framework is robust for trade-association engagement but does not clearly extend to direct lobbying oversight.
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 Asia-Pacific or all companies in Australia.