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Volvo Car AB

ISIN: TS152834
Score 2 - Moderate
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Volvo Car AB has instituted a moderate framework to align its lobbying with its climate ambitions by embedding its Public Affairs department in policy alignment, noting that "our Public Affairs department are fully involved in the development and progress of our sustainability strategy, targets and position papers and they use them as guidelines for interactions with governments and policy makers," and by conducting "frequent stakeholder materiality analysis where our companies carbon footprint is the most important area." It also pursues indirect alignment through trade associations, stating that as a member of ACEA it "drive[s] the agenda towards fulfilling the Paris agreement" and contributes to bodies that influence public policy. Its public Climate Action position paper further affirms "our ambition to be a climate neutral company by 2040, in line with the Paris Agreement and to ensure that our lobbying efforts are in line with the above ambitions." However, the company does not disclose a named individual or formal body responsible for overseeing lobbying alignment, nor does it detail a recurring audit, Board sign-off, or a structured monitoring and review procedure for both its direct and indirect engagement activities, which indicates moderate governance with clear alignment mechanisms but limited transparency on oversight and management processes.

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 or all companies in .