Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Limited |
Hexagon AB’s disclosures indicate a limited governance framework for engagement activities that could influence environmental policy, relying on its broader sustainability strategy rather than a dedicated lobbying governance structure. The company states “Yes, we have a public commitment or position statement in line with global environmental treaties or policy goals” and affirms that “The sustainability strategy of Hexagon is fully incorporated into the business strategy, which guides all decisions across the entire company. As such, all external engagement activities are consistent with the environmental commitments that are set.” While the Sustainability department “closely monitors any developments concerning sustainability by engaging with investors and analysts, customers, nongovernmental organisations and policy makers,” the company does not disclose a specific individual or committee responsible for overseeing direct or indirect lobbying activities, nor does it describe any formal process for approving, monitoring, or enforcing alignment of trade association positions with its climate commitments. We found no evidence of board-level sign-off on engagement plans or a formal review mechanism to ensure all lobbying aligns with its climate strategy.
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D |