Thomson Reuters Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong Thomson Reuters provides a high level of transparency around its climate-policy lobbying. It names the specific regulations it engages on, citing the “UK SECR,” the “EU CSRD,” and the “up-coming US SEC regulations” that address corporate climate disclosure. The company also describes several ways it tries to influence these measures, saying it relies on “one-to-one meetings and seminars, news reporting, committee membership and surveys” and that these efforts are directed at “policy makers – national and international governments and regulators,” including bodies such as UNEP and the Canadian/UK Commission on Climate Change. Finally, it is clear about the results it is seeking: it wants “applicable companies in their jurisdictions transparently disclose their emissions, climate impacts, sustainability governance, and climate-related risks and opportunities,” explicitly supporting the disclosure rules “with no exceptions” and linking this stance to alignment with the Paris Agreement. Although it does not tie each mechanism to a particular individual decision-maker, the combination of named policies, stated engagement channels and clearly articulated objectives demonstrates strong transparency overall. 3
Lobbying Governance
Overall Assessment Comment Score
None Thomson Reuters Corp appears to have detailed internal governance around ESG matters, as described by Garber’s comment that “We have put a level of detail around our governance, which is truly the reason I feel confident and comfortable we will navigate this stage successfully,” and the description of the “detailed Dell OMG plan [that] maps the company’s governance process from the board, the executive team, and cross-functional councils” with “proper charters, clarity of roles and responsibilities, and a cadence for how often they meet,” alongside an “ESG Interlock” that includes “representatives from almost every single function area within the company.” However, the company does not disclose any process, oversight, or alignment mechanism for either direct or indirect lobbying related to climate or other public policy issues, and we found no evidence of named individuals or bodies tasked with reviewing lobbying activities or aligning them with the company’s climate goals. 0