Tecnicas Reunidas SA

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Tecnicas Reunidas provides a limited but clear glimpse of its climate-related lobbying. It identifies two concrete pieces of legislation it has engaged on—the adaptation to Spanish law of Directive (EU) 2022/2464 on corporate sustainability reporting and the related renewal of Directive 2014/95/EU—giving readers a specific sense of the policy focus. The company also explains the principal channel it used, noting that it took part in “certain working groups expressly established for this adaptation with presence of certain policy makers,” thereby confirming at least one direct mechanism and the kind of governmental actors involved. Finally, it states the policy result it advocated, expressing its “positive point of view of the renewal of the directive and the enhanced non-financial information that must be provided, specifically on climate change,” which signals clear support for stronger disclosure requirements. Beyond this single mechanism and outcome, however, the company does not reveal additional forms of engagement, targets or detailed objectives, so the overall transparency remains limited. 1
Lobbying Governance
Overall Assessment Comment Score
Moderate Técnicas Reunidas SA provides limited disclosure on its lobbying governance, focusing its sustainability oversight on its Board and Audit and Control Committee without specifying how lobbying activities align with its climate change objectives. The company does not disclose any dedicated policy or process for managing direct or indirect lobbying, yet it notes that “the Company has direct access to certain policy makers at different levels (this is, Spain and European Union) in order to ensure that our engagement activities are consistent with our overall climate change strategy.” It also affirms “Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? […] Yes,” but the company does not detail any monitoring procedures, oversight responsibilities for lobbying, or criteria for aligning with trade associations, nor does it name an individual or formal body tasked with overseeing these engagement efforts. 2