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Overall Assessment |
Comment |
Score |
Limited |
NEXTracker Inc. provides only minimal insight into its climate-policy lobbying. The company notes its support for India’s renewable-energy initiatives, referencing the National Solar Energy Mission and the One Sun, One World, One Grid programme, but it does not indicate that it has tried to influence these or any other specific pieces of legislation. It discloses no information about how it might engage with policymakers, such as meetings, submissions, or work through trade associations, nor does it identify any governmental bodies or officials it targets. While the narrative expresses a general desire to advance India’s renewable-energy goals, it does not set out concrete policy changes or amendments it is seeking. Overall, the disclosure signals an interest in the broader policy landscape but offers little transparency on actual lobbying activity, mechanisms, or objectives.
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1
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Overall Assessment |
Comment |
Score |
Moderate |
Although Nextracker explains that “the Nominating, Governance and Public Responsibility Committee of our Board of Directors oversees our ESG strategy and the ESG executive council provides periodic updates to the NGPRC on progress” and that this committee “oversees the Company’s policies and practices regarding political expenditures, including an annual review of the Company’s corporate political contributions, lobbying activities, and trade association dues and payments,” the company does not disclose any formal mechanism to ensure its climate-related lobbying aligns with its climate commitments. While Nextracker notes that “engagement activities around climate change target advocacy for equitable renewable energy policy, which is consistent with Nextracker’s business model,” there is no description of a dedicated policy or process for climate-lobbying alignment, no specific individual charged with climate-lobbying oversight, and no evidence of a climate-focused review or audit of direct or indirect lobbying activities against its transition plan.
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2
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