Lobbying Governance
Overall Assessment | Analysis | Score |
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None |
Phillips Edison & Co Inc discloses robust Board oversight of its corporate responsibility and sustainability programs—stating that “Our Directors on PECO’s Board oversee our corporate responsibility framework and PECOECO Promise™” and “Our full Board of Directors oversees our Corporate Responsibility & Sustainability (CRS) program”—but it does not disclose any governance framework for its lobbying activities, direct or indirect. The evidence details that “Our General Counsel has primary responsibility for leading our CRS program and provides quarterly updates to the Board” and that the “CRS Committee is led by senior members of management from our portfolio and property management, construction, human resources, investor relations, compliance and internal controls, risk management and information technology teams,” yet there is no information on how lobbying engagements are monitored, reviewed, or aligned with any policy, including climate policy. We found no evidence of a dedicated individual or committee responsible for overseeing lobbying, no mention of a lobbying alignment policy, and no description of any processes for reviewing or managing lobbying activities or trade association memberships.
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E |