Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Strong | Diageo provides a solid level of transparency around its climate-policy advocacy. It identifies several concrete measures it has tried to influence, including the EU’s proposed Packaging Waste Regulation, the U.K. “ambitious carbon budget” and related long-term low-carbon investment framework, and the U.S. SEC’s emerging climate-disclosure rules, giving readers a clear sense of the policy fields on which it focuses. The company also describes multiple channels through which it presses its views and the audiences it targets: it “participate[s] in multi-stakeholder forums with government and regulators,” takes part in formal “consultations by organizations like the SEC,” engages “as active members of the COP26 Business Leaders Group” with “G7, G20 and governments,” and, through its subsidiary United Spirits, makes “discussions and representations” via trade bodies such as ISWAI and FICCI to state excise departments and India’s GST Council. Finally, Diageo articulates the changes it is seeking, stating, for example, its aim of “setting an ambitious carbon budget to drive further reductions in UK emissions,” advocating harmonised climate-reporting requirements to “simplif[y] reporting” for companies, and supporting regulations that will “scale up renewable energy infrastructure” and accelerate the transition to net zero. Together, these disclosures demonstrate strong, though not exhaustive, clarity on what the company is lobbying for, how it does so, and with whom. | 3 |