Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Strong |
Sealed Air discloses a structured process to keep its climate-related advocacy aligned with corporate strategy, stating that it "annually reviews our membership in these organizations and actively participate to lead or influence policy positions" and "verify that the organizations objectives and goals align with ours and that they are effective in influencing policy decisions," which demonstrates an active mechanism for governing indirect lobbying through trade associations. For direct engagement the company explains that it "engages directly with policy makers on the state and federal level… to influence them to make sound, science-based policies to support activities and solutions to reduce our environmental impact," indicating that its own lobbying efforts are intended to reinforce its climate objectives. Oversight is clearly assigned: "Membership and our activities fall under the purview of the VP of Sustainability and Executive Committee" while "the board of directors in late 2020 designated the Nominating and Corporate Governance Committee as having responsibility to oversee our sustainability strategies and other matters concerning environmental, social, governance and public policy issues affecting Sealed Air." The company also confirms a "public commitment… to conduct [its] engagement activities in line with the goals of the Paris Agreement." This indicates strong governance covering both direct and indirect lobbying, though the firm does not disclose the detailed outcomes of its annual reviews or publish a standalone lobbying-alignment report, leaving limited transparency into how any misalignments are remedied.
View Sources
|
B |