Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Inchcape PLC’s governance of climate-related lobbying is limited to restricting lobbying to a select few without broader oversight or alignment mechanisms. The company explicitly states that it has no public position statement to align its engagement with the Paris Agreement, noting “No, and we do not plan to have one in the next two years.” Its only described process to “ensure that your external engagement activities are consistent with your climate commitments” is that “only a very small number of people within the organisation are authorised to engage directly with policy makers or to seek to influence public policy via trade associations,” and that those individuals are “aware, by virtue of their position … of a) our Scope One and Scope Two targets that are consistent with a 1.5 degree warming world; and b) our desire to play a meaningful role in helping to accelerate the transition to low emission vehicles.” While this provides a basic control over who may lobby and establishes a minimal awareness of the company’s climate goals, there is no evidence of any formal monitoring process, internal audit or review, board-level oversight or sign-off, a named individual or committee with responsibility for ensuring that lobbying positions remain aligned with climate objectives, or any mechanism for assessing or exiting trade associations whose policies conflict with Inchcape’s stated climate commitments.
View Sources
|
C |