Redefine Properties Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Redefine Properties Ltd demonstrates a highly transparent approach to its climate-policy lobbying. It clearly names the specific climate policies it engages with, including the “South Africa’s Carbon Tax Act” (effective June 1, 2019) as well as energy legislation around wheeling rules, energy tariffs, and energy performance certificates. The company also describes detailed lobbying mechanisms, from its leadership roles within industry bodies such as SAPOA (its CEO as president and a seat on the Sustainability Committee), SA REIT, SACSC, and the Green Building Council of South Africa, to direct consultations with government entities like the South African National Energy Development Institute, the Department of Energy, and municipalities including the City of Cape Town and Ekurhuleni. Redefine is equally clear about the outcomes it seeks: it supports “mandatory carbon reporting as a tool to calculate National Greenhouse Gas inventories” (stating its position as “Support with no exceptions”), participates in shaping wheeling legislation and energy efficiency measures, and is investigating ways to minimize the indirect impact of the carbon tax through diesel-PV integration. Collectively, these disclosures show clarity on what policies the company lobbies, how it lobbies, and what policy changes it advocates.	4

Lobbying Governance

Overall Assessment	Comment	Score
Limited	Redefine Properties Ltd discloses that its engagement activities are coordinated by an organizational section consisting of the ESG Director, supported by the Chief Operating Officer and the Chief Executive Officer, who makes final decisions. This indicates some level of oversight for ensuring alignment with climate change strategy. The company also states that its engagement activities around climate change are guided by its ESG Framework, which is part of its broader Climate Change Strategy. However, while the company mentions alignment with the goals of the Paris Agreement and provides high-level objectives for its ESG strategy, there is no evidence of a detailed governance process for lobbying activities, such as monitoring mechanisms, audits, or specific actions to align direct and indirect lobbying with climate goals. Additionally, the disclosures do not explicitly address how lobbying through trade associations or industry bodies is managed or reviewed. Therefore, while there is some indication of oversight and alignment with climate commitments, the governance framework for lobbying lacks specificity and transparency.	1