Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Limited |
Veralto provides limited information on how it oversees political engagement, focusing mainly on restricting the use of corporate resources for contributions rather than detailing a broader lobbying-governance framework. The company states that "associates may never use Veralto resources to contribute to, support or oppose any political party or candidate unless approved by Veralto Corporation’s Board of Directors or a committee of the Board," and adds that "any contribution of Company funds or assets for political purposes would require approval by Veralto’s President and CEO," which identifies named oversight bodies for political spending decisions. It also applies a control to its indirect involvement by stipulating that "each such association may use no more than $25,000 of Veralto’s dues in any calendar year for political purposes, and Company policy further requires communication of this policy to the associations of which it is a member." These disclosures show some oversight and limits on political spending, but we found no evidence of a formal process for reviewing or aligning direct or indirect lobbying positions with the company’s climate goals, no mention of monitoring or auditing lobbying activities, and no description of how climate-related policy advocacy is governed. Consequently, while the company identifies decision-makers and sets spending limits, the absence of disclosed mechanisms to manage or assess climate lobbying alignment indicates only a basic level of lobbying governance transparency.
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D |