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Overall Assessment |
Comment |
Score |
Limited |
Ventas Inc. provides only limited transparency on its climate-related lobbying. The company says it participates in trade associations such as the Real Estate Roundtable, the Clean Energy Buyers Association and Nareit and notes that these bodies back initiatives like the U.S. EPA ENERGY STAR programme and the U.S. Department of Energy Better Buildings Challenge, indicating some level of engagement with climate policy. However, it does not clearly state which specific policies, bills or regulatory proposals it has itself attempted to influence. Its description of lobbying activity is confined to indirect involvement—working through association committees—without naming any government agencies, legislators or other decision-makers it engages, and without detailing concrete mechanisms such as letters, testimony or meetings. Similarly, the company expresses broad support for decarbonising the U.S. grid and improving energy efficiency but does not spell out the precise policy changes, targets or amendments it seeks. As a result, stakeholders are given only a high-level picture of the issues Ventas cares about, with little insight into exactly what it is asking governments to do or how it tries to shape those outcomes.
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Overall Assessment |
Comment |
Score |
Moderate |
Ventas discloses a governance structure that touches on climate-related engagement and provides some mechanisms for oversight and monitoring, but it stops short of describing a comprehensive system for ensuring that lobbying activities are aligned with its climate strategy. The company states that the ESG Steering Committee, “chaired by Ventas’s Chairman and CEO,” is responsible for “monitoring our climate-change related engagement activities such as the level and type of involvement with trade associations and contributions to climate-change related engagement activities.” Oversight is reinforced at board level, as “the Board of Directors and its Nominating, Governance and Corporate Responsibility (NGCR) Committee provide oversight of our environmental, social and governance (ESG) matters,” and at “quarterly NGCR Committee meetings, the Ventas General Counsel and VP, Corporate ESG & Sustainability … provide updates on ESG matters, including climate-related matters.” This indicates that named individuals and committees regularly review external engagement to ensure consistency with climate commitments. However, the disclosure does not set out clear criteria or procedures for assessing alignment, does not describe how direct lobbying positions are reviewed, and offers no evidence that the company engages with, corrects or exits trade associations whose positions conflict with its climate goals. Consequently, while there is a defined oversight process and some monitoring of trade-association involvement, the company does not disclose a detailed methodology, audit, or corrective actions to actively align either direct or indirect lobbying with its climate objectives.
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