Paragon Banking Group PLC

Paragon Banking Group PLC has established a structured governance framework for its climate-related engagement, centred on a "dedicated sustainability governance forum" called the Sustainability Committee, which "reports to our Executive Committee and the Board." The Group's "sustainability working groups (financed emissions, revenue opportunities, operational footprint and social and governance working groups) ... report into the Sustainability Committee," providing a "centralised governance framework" to ensure its "external engagement activities are consistent with your climate commitments and/or climate transition plan." Paragon has also made a public commitment to conduct its engagement "in line with the goals of the Paris Agreement." However, while this approach demonstrates clear oversight of indirect engagement with trade bodies, the company does not disclose how it manages or aligns its direct lobbying efforts, nor does it describe detailed procedures for reviewing or correcting indirect lobbying through industry associations or identify a named individual responsible for climate lobbying alignment.