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Valmet Oyj

ISIN: FI4000074984 | Finland | Europe
Score 3 - Strong
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Valmet has established a governance process that places responsibility for all advocacy within its Corporate Relations function, which "is responsible for coordinating Valmet's positions and lobbying activities, which main tasks is to bring information about relevant policy and legislation into the company's strategic and business decisions, and to engage in an active dialogue with authorities and decision-makers." This department manages indirect lobbying by ensuring that "associations and organizations need to meet with Valmet's association criteria, which is consistent with Valmet's strategy," while direct engagement is carried out "through our association network" or "via direct contacts with decision-makers" as needed. The framework is explicitly tied to climate objectives: "Valmet's Climate program is aligned with Paris Agreement and it is integrated to its strategy" and the company affirms a public position "to conduct your engagement activities in line with the goals of the Paris Agreement." Although this demonstrates oversight across both direct and indirect channels and clear alignment measures, Valmet does not disclose any board-level review or standalone audit to validate its lobbying alignment.

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 Europe or all companies in Finland.