Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Remy Cointreau SA demonstrates a moderate level of governance in its lobbying practices, with some evidence of oversight and alignment mechanisms. The company states that "Responsible lobbying is a key component of the Group’s governance and business ethics strategy," and ensures that its lobbying practices are "aligned with its CSR values and commitments." Oversight is provided by the "Board of Directors and the CSR Committee," which validates lobbying practices to ensure compliance with ethical standards and strategic objectives. Additionally, the "Director of Public Affairs (who reports directly to the Chief Executive Officer)" is responsible for lobbying activities, supported by regional Public Affairs Directors. While the company primarily engages in indirect lobbying through professional associations, it plans to draft its own "Public Affairs charter" to further define its lobbying commitments. However, there is no explicit mention of a detailed process for monitoring or managing alignment of lobbying activities with climate-related goals, nor evidence of actions taken to align indirect lobbying with climate objectives. The company does not disclose a comprehensive review or audit of its lobbying activities, and while its climate strategy includes ambitious targets validated by the SBTi, the governance framework for lobbying does not clearly address climate change issues or provide mechanisms for ensuring alignment with its climate commitments.
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