Wendel SE

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Wendel SE provides limited but concrete insight into its climate-policy advocacy. It identifies one specific policy arena—the European Union’s 2030 climate objectives, including Belgium as the regional focus—demonstrating some transparency about the legislation it seeks to influence. However, the disclosure simply notes that the company “engaged with policymakers” and refers readers to its latest GHG report, without clarifying whether this engagement took the form of meetings, written submissions, or participation in consultations, nor does it name the institutions or officials approached. By contrast, the company is explicit about what it wants to achieve: adoption of a “new 2030 Climate Target Plan,” the EU’s commitment to “at least 55 % net reduction in greenhouse gas emissions by 2030,” and the longer-term goal of “climate neutrality by 2050.” Because the mechanism and targets of lobbying remain unspecified, while the policy focus and desired outcomes are clearly stated, the overall transparency of Wendel SE’s climate-lobbying disclosure is limited. 1
Lobbying Governance
Overall Assessment Comment Score
Limited Wendel SE provides only limited insight into how it governs climate-related lobbying. It states that it has a "public commitment … to conduct your engagement activities in line with the goals of the Paris Agreement" and explains that "Scalian has various charters, guides and codes for its buildings, purchases, events and investments" whose "proper use is subject to an audit programme overseen by the CSO." These statements show a high-level policy intention and identify the Chief Sustainability Officer as an internal reviewer, suggesting some oversight of external engagement. However, the company does not disclose how it distinguishes or manages direct versus indirect lobbying, gives no information on reviewing or aligning trade-association positions, and offers no detail on specific monitoring procedures, escalation steps, or board-level involvement. Consequently the available disclosure indicates only a basic commitment and audit mechanism rather than a detailed governance framework for lobbying alignment. 1