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| Overall Assessment |
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Limited
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Seatrium Ltd designates its Board, EXCO, SMC and Sustainability Council as stakeholders in policy engagement but does not articulate a formal lobbying governance framework. For example, the company states “Our senior leaders involved in policy making are members of our Board, EXCO, SMC and Sustainability Council,” and it adds that “These ensure that our direct and indirect activities that influence policy are consistent with our overall decarbonisation/climate change strategy.” However, we found no evidence of a dedicated lobbying-alignment policy or process, no description of how lobbying activities are monitored or managed, and no disclosure of specific sign-off procedures or third-party review for climate-related lobbying efforts.
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1
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| Overall Assessment |
Analysis |
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Comprehensive
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Seatrium Ltd is unusually explicit in stating that it undertakes no climate-related lobbying. The company’s Code of Conduct declares that it is “politically neutral and we do not contribute funds or non-monetary supporting, including lobbying, to any political party, politician, elected official, or candidate for public office in any country or jurisdiction,” thereby providing a clear explanation for the absence of any lobbying activity. Because it affirms that it does not lobby, the company does not list individual mechanisms or targets; instead, it transparently explains that none exist. Likewise, it discloses no desired policy outcomes, explaining that it seeks to remain neutral rather than influence legislation. Although the CEO holds positions on maritime advisory bodies and the company publicly supports the International Maritime Organization’s 2050 decarbonisation ambition, Seatrium does not characterise these roles as lobbying and gives no indication that it seeks to shape specific laws or regulations through them. Overall, the company offers a high level of clarity about its non-engagement in climate policy lobbying across all three disclosure dimensions.
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4
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