Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
UNIQA Insurance Group provides only limited insight into how it governs lobbying or policy-related engagement. The company discloses that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement” and notes that, as a member of the Net Zero Asset Owner Alliance and Austrian Green Finance Alliance, “our engagement efforts will need to reflect this strategy in order to reach our goals,” indicating an intention that any external engagement should align with its climate strategy. However, beyond this high-level pledge, the evidence focuses on investment stewardship with investee companies rather than on direct or indirect lobbying of policymakers. Although the company outlines broad ESG governance – for example, “Group ESG Committee, composed of members of the management, the heads of the core business units, and the Head of ESG Office” and “statutory involvement of the Supervisory Board in sustainability reporting” – it does not disclose that these bodies review or approve lobbying positions, nor does it describe any process “to ensure that your external engagement activities are consistent with your climate commitments” that includes monitoring or corrective steps for trade-association advocacy. We found no evidence of a formal mechanism to assess or manage policy lobbying alignment, no identification of a responsible executive for lobbying oversight, and no disclosure of actions taken to address misaligned trade associations. Consequently, the disclosure shows a stated commitment to Paris-aligned engagement but lacks detail on governance structures, monitoring procedures, or accountability specific to lobbying activities, indicating only a limited governance approach.
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