Wacker Chemie AG

Wacker Chemie AG describes a clearly defined process for aligning its lobbying and external engagement with its climate strategy, overseen by cross-departmental collaboration and formal governance bodies, though it does not publish a dedicated lobbying audit report. As the company explains, "binding rules in line with our corporate governance" govern its political communication and WACKER Communications' outreach "follows ethical principles and is subject to both legal regulations and internal specifications." To ensure consistency with its climate objectives, WACKER's "corporate departments Governmental Relations, Sustainability, Environment, Communication, Procurement & Logistics and Corporate Development work together closely with the business divisions" and discuss "corporate positions ... on a working level before they are presented to the Sustainability Council, where senior representatives of all relevant business divisions and aforementioned corporate departments are present." Climate issues are "company-wide steered by the Corporate Sustainability Department" and any "inconsistencies are discovered at an early stage" or are "escalated to a higher level, providing different options to solve the inconsistencies." The company also commits publicly "to conduct [its] engagement activities in line with the goals of the Paris Agreement" and actively engages both directly and indirectly "through industry associations, cross-industry business alliances or by directly contributing to the political dialogue with the expertise of our own advocacy experts." However, Wacker Chemie AG does not disclose any detailed third-party audit or stand-alone report assessing the alignment of its climate-related lobbying activities.