Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Precinct Properties Group discloses a limited structure that touches on oversight of policy engagement but provides very little detail on how lobbying is managed or aligned with its climate objectives. The company states that "The Precinct Sustainability committee, Chaired by the CFO acts as custodian for Precinct’s sustainability strategy … This includes engagement activities" and that the committee "regularly report to the ESG committee of the Precinct board and provide updates on Precinct's position in relation to any policy, law or regulation." This indicates that a named body chaired by a senior executive reviews and reports on the organisation’s external engagement activities, suggesting some governance oversight of lobbying consistency with climate strategy. However, beyond noting that engagement activities fall under the Sustainability Committee’s remit, the disclosures focus almost entirely on general climate-risk governance; we found no evidence of a dedicated procedure to monitor or audit direct lobbying positions, no description of how indirect lobbying via trade associations is assessed or managed, and no mention of corrective actions or alignment reviews. Accordingly, the company demonstrates only a basic acknowledgement that board-level committees receive information on policy matters, while the specific processes, criteria, and accountability mechanisms needed to ensure climate-lobbying alignment are not disclosed.
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