Cementir Holding NV

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Cementir Holding NV has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, such as the Danish climate law, which aims to reduce Denmark's greenhouse gas emissions by 70% by 2030 compared to 1990 levels and achieve climate neutrality by 2050. Cementir also actively participates in discussions on Danish industrial policy at national and global levels, focusing on climate change, sustainable infrastructures, circular economy, alternative fuels, and waste management frameworks. The company has disclosed detailed lobbying mechanisms and targets, including direct engagement through its Danish subsidiary, Aalborg Portland, which collaborates with local Danish institutions and leads the climate partnership for the Danish energy-intensive industry. This partnership involves providing technical forecasts and policy recommendations to the Danish government, demonstrating direct interaction with policymakers. Furthermore, Cementir has been transparent about the specific outcomes it seeks through its lobbying efforts, such as reducing CO2 emissions by 600,000 tons by 2030 and achieving net-zero emissions by 2050, aligning with the Danish climate law's targets. The company has also outlined prerequisites for CO2 reductions, including policies, research, innovation, and subsidies, indicating a clear aim to influence public policy to achieve measurable climate-related goals. This illustrates Cementir's comprehensive approach to disclosing its climate lobbying efforts and objectives. 4
Lobbying Governance
Overall Assessment Comment Score
Strong Cementir has established a defined governance process to ensure alignment of its climate lobbying activities with its overall climate change strategy. The evidence highlights that "The Sustainability Committee is responsible for the coordination of all activities that influence policy," including participation in trade associations and public working groups such as CEMBUREAU, GCCA, and the Climate Partnership promoted by the Danish Government. Cementir representatives are required to "engage in a way that reflects Cementir position, according to the instructions received by the Sustainability Committee," ensuring alignment with the company's climate strategy. Furthermore, "All the activities engaged by Cementir representatives must be previously agreed with the Sustainability Committee," and the Committee is "quarterly updated concerning the commitment of the mentioned associations or public working groups on public policy and concerning any relevant trend or upcoming legislation concerning climate change." This demonstrates a monitoring process to evaluate consistency with the company's sustainability strategy. Additionally, the evidence outlines accountability measures, stating that "In case, any major divergences with the mentioned associations or working groups should occur, Cementir will dissociate itself from the association and related activities. In extreme situation, Cementir will resign from the association or working group." This indicates strong governance with clear oversight and alignment mechanisms, managed by the Sustainability Committee. 3