Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Redington Ltd provides only brief references to how it oversees policy engagement, indicating a nascent and largely generic governance framework. The company notes under its Business Responsibility disclosures that "Principle 7 Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner," and adds that "The Audit Committee of the Board is responsible for assessing the BR performance of the Company. The assessment is carried out on an annual basis by the Audit Committee." This indicates that a board-level committee reviews some element of the firm’s policy-influencing activities on a recurring basis, which is a sign of oversight. However, beyond this high-level statement there is no information on how lobbying positions are approved, how direct or trade-association advocacy is monitored, or how alignment with climate objectives is enforced. The other governance references—such as “The CSR Committee will formulate and recommend CSR policy…” and the creation of a “CSR & ESG Committee [to] oversee implementation of ESG vision”—focus on philanthropic or broad ESG strategy and do not describe any mechanisms specific to lobbying. Consequently, the disclosure shows only minimal evidence of a structured lobbying-governance process, and the company does not disclose any climate-specific lobbying oversight, monitoring procedures, or responsible individuals beyond the general Audit Committee reference.
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D |