Boliden AB – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Limited	Boliden AB provides some insights into its governance structure related to sustainability and advocacy, but there is limited evidence of a defined lobbying governance process, particularly for climate-related lobbying. The company mentions that "advocacy programs are pursued mainly through the European industry associations Eurometaux and Euromines, and with the help of domestic industry associations," and that "the Board is kept informed on an ongoing basis about relevant national and international initiatives that may affect us in the field of sustainability." However, there is no explicit disclosure of mechanisms or processes to ensure alignment of lobbying activities with climate goals, nor is there evidence of monitoring or managing lobbying alignment. While the Board and Group Management oversee sustainability matters and climate strategy, including the work of committees such as the climate committee, the evidence does not detail how these structures govern lobbying activities specifically. Additionally, while the company actively engages in advocacy to promote awareness of the need for base metals for the green transition, there is no indication of a formal governance framework for reviewing or aligning these lobbying efforts with its climate-related targets. The company does not disclose any specific individual or committee tasked with overseeing lobbying alignment, nor does it provide details on monitoring or enforcement mechanisms for lobbying activities. View Sources	D

Overall Assessment

Analysis

Score

Limited

Boliden AB provides some insights into its governance structure related to sustainability and advocacy, but there is limited evidence of a defined lobbying governance process, particularly for climate-related lobbying. The company mentions that "advocacy programs are pursued mainly through the European industry associations Eurometaux and Euromines, and with the help of domestic industry associations," and that "the Board is kept informed on an ongoing basis about relevant national and international initiatives that may affect us in the field of sustainability." However, there is no explicit disclosure of mechanisms or processes to ensure alignment of lobbying activities with climate goals, nor is there evidence of monitoring or managing lobbying alignment. While the Board and Group Management oversee sustainability matters and climate strategy, including the work of committees such as the climate committee, the evidence does not detail how these structures govern lobbying activities specifically. Additionally, while the company actively engages in advocacy to promote awareness of the need for base metals for the green transition, there is no indication of a formal governance framework for reviewing or aligning these lobbying efforts with its climate-related targets. The company does not disclose any specific individual or committee tasked with overseeing lobbying alignment, nor does it provide details on monitoring or enforcement mechanisms for lobbying activities.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Boliden provides only a limited window into its climate-related lobbying. It notes that it "supports the [European Commission’s] Raw Material Alliance and proactively seeks to continue being part of the solution to the climate challenge" and that it advocates through industry bodies such as Eurometaux, Euromines and Svemin, indicating some indirect engagement mechanisms, but it does not name the specific government departments, legislators or consultations it addresses. The company refers broadly to issues such as the need for copper and nickel in the green transition and permission to mine in Natura 2000 areas, yet it does not tie these themes to clearly identifiable bills or regulations. Likewise, its public policy objectives remain aspirational—reducing its own carbon-dioxide intensity by 40 % by 2030 and supporting the EU’s 2050 net-zero ambition—without articulating the concrete legislative or regulatory changes it is pursuing to reach those aims. As a result, while Boliden acknowledges that it engages on climate-related topics, the disclosures fall short of detailing the specific policies, targets or outcomes that would demonstrate fuller transparency.	D