RioCan Real Estate Investment Trust – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	RioCan Real Estate Investment Trust has established robust ESG governance structures; however, it does not disclose any governance process specifically for direct or indirect lobbying or climate-related lobbying activities. The Trust explains that “Our SVP, General Counsel and Corporate Secretary, oversees the program, ensuring ESG initiatives are prioritized and properly resourced across the company” and that “the dedicated Nominating, Environmental, Social and Governance Committee…oversees the Trust’s strategy, policies and practices with respect to all ESG matters, including those related to climate change.” It further notes that “In 2021, RioCan established a cross-functional Climate Committee, which consists of subject matter experts from all related business functions. Chaired by the SVP, General Counsel and Corporate Secretary, this committee is mandated to embed climate considerations within our organizational objectives.” Despite these governance bodies, we found no evidence of any policy, process, oversight role, or accountability mechanism related to lobbying activities or climate lobbying alignment, and the company does not disclose how it manages or monitors its policy advocacy efforts. View Sources	E

Overall Assessment

Analysis

Score

None

RioCan Real Estate Investment Trust has established robust ESG governance structures; however, it does not disclose any governance process specifically for direct or indirect lobbying or climate-related lobbying activities. The Trust explains that “Our SVP, General Counsel and Corporate Secretary, oversees the program, ensuring ESG initiatives are prioritized and properly resourced across the company” and that “the dedicated Nominating, Environmental, Social and Governance Committee…oversees the Trust’s strategy, policies and practices with respect to all ESG matters, including those related to climate change.” It further notes that “In 2021, RioCan established a cross-functional Climate Committee, which consists of subject matter experts from all related business functions. Chaired by the SVP, General Counsel and Corporate Secretary, this committee is mandated to embed climate considerations within our organizational objectives.” Despite these governance bodies, we found no evidence of any policy, process, oversight role, or accountability mechanism related to lobbying activities or climate lobbying alignment, and the company does not disclose how it manages or monitors its policy advocacy efforts.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	No evidence found	E