Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Kinder Morgan appears to have a strong governance framework for its climate-related lobbying, establishing clear oversight mechanisms and processes to align both its direct advocacy and trade association activities with its ESG objectives. Its Board’s EHS Committee receives “periodic reports by our COO” on trade association participation, and the company states that “Our CEO, President or General Counsel signs-off on and oversees any contributions made toward ballot measures, lobbying, or lobbying groups,” ensuring executive-level accountability. Each year, the company “reviewed the alignment between us and trade associations to whom we paid annual dues greater than $25,000, where a portion of those dues went to lobbying,” examining “each association’s current policy statements, climate-related political lobbying efforts, and other publicly available information to determine their alignment with our ESG strategy.” This review is further validated through input from its ESG Disclosure Committee, which “consists of our: CEO, President, COO, CFO, CAO, General Counsel, Corporate Secretary, Treasurer, business segment presidents, and other corporate officers.” Kinder Morgan also engages directly with policymakers on issues such as “methane regulation, cybersecurity policies, and corporate taxation” and advocates for incentives for “CCUS, RNG, renewable diesel, and hydrogen,” while preferring that trade associations “take positions … that are consistent with our own.” However, we found no evidence of a standalone public audit or third-party assessment expressly evaluating its climate-lobbying alignment, and the company does not disclose a public commitment to align its engagement activities with the Paris Agreement, noting “No, and we do not plan to have one in the next two years.”
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