StepStone Group Inc

StepStone discloses that climate-related advocacy is covered by its responsible-investment governance, stating that "StepStone's Responsible Investment governance structure provides oversight of any engagement or public position to ensure alignment with the values of the Firm and the objectives as stated in its Responsible Investment Policy." Oversight responsibility is clearly assigned: "The Climate Policy...is under the purview of the Responsible Investment Committee, which is governed by a charter approved by the StepStone Board of Directors," and the committee "includes three members of the Board of Directors of StepStone Group Inc." This committee is chaired by the "Global Head of Responsible Investment" and reports to the Board, while "StepStone's executive team regularly updates the StepStone Board of Directors on responsible investments matters, including climate change considerations," indicating a recurring review mechanism. The company also notes that it "looks to...engage directly with policymakers through consultation processes" and participates in numerous industry working groups, suggesting coverage of both direct engagement and indirect influence channels. However, the disclosures stop short of describing in detail how lobbying positions are assessed for climate alignment, how trade-association positions are reviewed, or what corrective actions are taken when misalignment is identified; the statement of "oversight" is high-level and no specific monitoring procedure or public audit of lobbying activities is provided. Therefore, while the presence of a named governance body and an annual policy review indicates moderate lobbying-governance transparency, the company does not disclose a detailed process for evaluating alignment across all lobbying channels or the outcomes of such reviews.