Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Strong |
Alamos Gold Inc has a robust governance process for climate-related lobbying, starting with the fact that “all direct and indirect engagement activities that may influence policy, law or regulation related to climate change are overseen by the Vice President Sustainability & External Affairs.” This individual “chairs Alamos’ Corporate Sustainability Committee comprised of various members of Alamos’ executive team including the CEO, COO, CFO and VP Public Affairs,” ensuring relevant activities “are discussed and agreed with Committee members to ensure they’re consistent with Alamos climate change strategy and plans.” Committee members, who are typically the company’s representatives on external trade associations, collectively take a consistent approach on policy influence. Oversight is further embedded at board level via the Technical and Sustainability Committee, which “provides oversight of climate change and climate-related impacts” and receives regular briefings from the VP Sustainability & External Affairs on climate risks, opportunities, and performance. The establishment of a Climate Change Steering Committee and Working Group with defined mandates to “review progress of the Climate Change Working Group towards Company goals,” “provide direction on changing Company and industry requirements,” and “review and approve annual updates on Climate Change which will go into external reports” further demonstrates systematic monitoring and accountability. We found no evidence of a publicly available audit or third-party review of climate-lobbying alignment, and the company “does not plan to have” a public commitment or position aligned with the goals of the Paris Agreement in the next two years.
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B |