Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Pentair PLC discloses limited information regarding its lobbying governance processes. The company has a Political Contributions Policy, which is designed to ensure that any political contributions are consistent with its values and stakeholder interests. It states that "the use of Pentair funds for political purposes must be approved by the Chief Executive Officer, the Chief Financial Officer, and the General Counsel," and that "company management annually will provide a report to the Governance Committee on any political contributions made by the company." However, this policy primarily addresses political contributions rather than broader lobbying activities or climate-related lobbying governance. While Pentair acknowledges its membership in trade associations and its potential disagreements with their views, it does not disclose any specific processes or mechanisms for aligning its lobbying activities, whether direct or indirect, with its climate goals. Additionally, there is no evidence of a formal review or monitoring process for lobbying alignment, nor is there mention of a dedicated individual or committee overseeing lobbying governance beyond political contributions. The company does voluntarily disclose payments to trade associations used for political activity purposes if they exceed $50,000, but this is limited to financial transparency rather than governance of lobbying alignment. Overall, the disclosures lack detail on how lobbying activities are managed, monitored, or aligned with climate-related objectives.
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