Lobbying Governance
Overall Assessment | Analysis | Score |
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Keppel Ltd has established an extensive sustainability governance framework: "The Board and management consider sustainability issues in the Company’s business and strategy, determine the material ESG factors and oversee the management and monitoring of the material ESG factors," and since July 2022 "sustainability has been included in the agenda of each quarterly Board meeting." The Board Sustainability and Safety Committee (BSSC) is tasked with roles including "monitoring international sustainability-related trends and developments" and "reviewing the processes for identifying, assessing and managing climate-related risks and opportunities." At the management level, the Management Executive Committee (MExCo) "determines Keppel’s key sustainability policies and targets" and the Chief Sustainability Officer "coordinates and drives Keppel’s sustainability efforts." However, the company does not disclose any governance processes for lobbying activities, with no evidence of oversight of direct or indirect lobbying or mechanisms to align its policy engagement with climate-related goals.
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