Rolls-Royce Holdings PLC
- Board oversight
- Paris Agreement alignment
- Direct lobbying governance
Rolls-Royce has established a comprehensive framework to govern its climate-related policy engagement, requiring both direct advocacy with policymakers and indirect engagement through its trade association memberships to align with its decarbonisation strategy, but it does not identify a specific individual or committee charged with reviewing or approving these lobbying activities. According to the company, "We have a well established framework for our climate-related policy engagement, which includes a public position on the global policy principles we advocate for," and it commits that "For each trade association or industry body engagement we look to align these principles, and our broader position on climate change, with those that we work with. This includes a review of their stated positions on climate change and commitments to net zero." The process also sets out that "if we were unable to reconcile differences in our position on climate change we will ultimately look to cease relationships with that entity." Rolls-Royce describes its direct lobbying as "engaging our government partners in our core geographies in support of the policy principles set out above," and its indirect lobbying by "working with industry groups and trade associations to accelerate climate commitments in line with the Paris Climate Agreement goals." While it notes that "Delivery of our sustainability approach ... is overseen by the Safety, Ethics & Sustainability Committee ... at Board level, and the environment & sustainability committee," the company does not disclose that either body formally oversees or signs off on the alignment of its lobbying efforts with its climate commitments.
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 North America or all companies in United States.