Power Corp of Canada

Power Corporation has established a clear governance framework for its policy engagement by defining roles and review cycles to align its lobbying with its climate strategy. It states that "At Power Corporation, the CSR Lead provides oversight to ensure that direct and indirect activities that influence public policy are consistent with the Corporation's overall responsible management strategy, including topics that relate to climate change," and underscores this with mandatory annual training on its "Lobbying Policy" as part of the Code of Conduct, which "contains testing to demonstrate understanding" and requires "all of the Corporation's officers, Directors and employees [to] certify their compliance." The governance approach extends across its businesses, with Lifeco's Community Relations Department conducting "an annual review of their direct and indirect activities that influence public policy ... to ensure relevancy, efficacy and consistency of approach and strategy," and at IGM and Mackenzie, the "IGM Executive Sustainability Committee" and the "Mackenzie Sustainability Committee" providing oversight to "ensure that all direct and indirect public policy activities related to the environment are consistent with their internal policies, strategies and procedures, including IGM's climate position and commitments, and Mackenzie's climate action plan." While this demonstrates oversight of both direct and indirect lobbying, the company does not disclose a dedicated climate‐lobbying alignment report or third‐party audit, and we found no evidence of Board‐level review of lobbying alignment.