WAG Payment Solutions PLC

WAG Payment Solutions PLC demonstrates a structured governance process for its climate-related public affairs and lobbying activities by establishing an "internal working group to define and activate our public affairs strategy on energy transition" that "includes the CEO, alternative energy and e-mobility teams, sustainability VP as well as external advisors". The company also identifies "responsible persons General Counsel, VP of Legal and Compliance and VP CRT Decarbonisation" to oversee its policy engagement, and it clearly integrates both direct advocacy - committing to "actively engage with policymakers to advocate for coherent frameworks and incentives that accelerate decarbonisation" - and indirect engagement through trade associations, noting their "membership and participation in a number of trade bodies, including the Sustainability Working Group of Fleet Cards Europe, which Eurowag currently chairs," to influence regulatory developments. While the Board has "overall accountability for ensuring that the Group complies with its legal and ethical commitments" and the Executive Committee and Sustainability function have delegated responsibility for sustainability strategy, the company does not disclose a formal review or reporting mechanism for monitoring or evaluating how its lobbying and industry association engagements are aligned with its 2050 net zero target or broader climate commitments.