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| Overall Assessment |
Analysis |
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Strong
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StarHub has instituted a structured governance process for climate lobbying under the oversight of its Board and the Board Risk & Sustainability Committee (Board RSC), which reviews sustainability and climate-related issues such as our decarbonisation roadmap, target setting and performance tracking, TCFD reporting and scenario analysis, ESG material topics, public policy engagement and external verification as reported by its Management Risk Committee via at least three scheduled RSC meetings yearly. In November 2022, it became a signatory of the Corporate Knights Action Declaration on climate policy engagement, thereby committing to support climate action aligned with the Paris Agreement when engaging with policymakers, to work with our major industry/trade associations to advance alignment with the Paris Agreement and to monitor and disclose climate policy alignment for StarHub and our major industry/trade associations. This framework demonstrates active alignment of both its direct lobbyingthrough commitments when engaging policymakersand its indirect lobbying via trade and industry associations, with clear oversight by the Board RSC and involvement of the Chief Corporate & Sustainability Officer. However, we found no evidence of a dedicated, publicly available climate-lobbying alignment report.
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B
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| Overall Assessment |
Analysis |
Score |
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Comprehensive
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StarHub Ltd demonstrates a comprehensive level of transparency in its climate policy lobbying by naming specific policies, detailing its engagement methods, and clearly articulating the outcomes it seeks. The company identifies its contributions to the Singapore Green Plan 2030, its work shaping the guidance paper on Renewable Energy Certificates (RECs) expected in early 2024, and its collaboration on GreenGov.SG sustainability targets. It describes concrete lobbying mechanisms—such as participation in closed-door engagement sessions, contributions to policy guidance papers, and knowledge-sharing with entities appointed by the National Environment Agency—and specifies its targets, including the Ministry of Sustainability and the Environment, the NEA, the Singapore Exchange, the Global Compact Network Singapore, and the Singapore Business Federation. StarHub also sets out targeted policy goals: it aims to shape the REC guidance to help companies navigate the REC landscape, establish government-level sustainability targets through GreenGov.SG, contribute to the Singapore Green Plan 2030, and align its public engagement and trade association memberships with Paris Agreement objectives. As a signatory to the Corporate Knights Action Declaration on climate policy engagement, the company pledges to “support climate action aligned with the Paris Agreement when engaging with policymakers” and to “monitor and disclose climate policy alignment for StarHub and our major industry/trade associations,” underscoring the thoroughness of its disclosure.
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A
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