Travel + Leisure Co – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Travel + Leisure Co. discloses a clear process for ensuring that its indirect lobbying activities align with its climate strategy, noting that before “entering into new affiliations or expanding the scope of current affiliations, an organization’s policy positions are among the several factors that we would consider,” that it monitors partners “through membership and committee participation” to ensure their “activities are consistent with our climate and energy strategy,” and that it leverages “annual disclosures to the CDP Climate Change program” as an opportunity to review trade‐association policy positions. However, we found no evidence of any oversight or review process for the company’s direct lobbying efforts, nor does the company name a specific individual or committee responsible for managing lobbying alignment. This indicates moderate governance focused solely on indirect lobbying, with a structured mechanism for assessing affiliation consistency but lacking coverage of the company’s own direct policy engagement and without a designated governance owner. View Sources	C

Overall Assessment

Analysis

Score

Moderate

Travel + Leisure Co. discloses a clear process for ensuring that its indirect lobbying activities align with its climate strategy, noting that before “entering into new affiliations or expanding the scope of current affiliations, an organization’s policy positions are among the several factors that we would consider,” that it monitors partners “through membership and committee participation” to ensure their “activities are consistent with our climate and energy strategy,” and that it leverages “annual disclosures to the CDP Climate Change program” as an opportunity to review trade‐association policy positions. However, we found no evidence of any oversight or review process for the company’s direct lobbying efforts, nor does the company name a specific individual or committee responsible for managing lobbying alignment. This indicates moderate governance focused solely on indirect lobbying, with a structured mechanism for assessing affiliation consistency but lacking coverage of the company’s own direct policy engagement and without a designated governance owner.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	No evidence found	E