Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Strong |
Paychex has established a defined process to align its external engagement activities with its climate commitments by integrating climate considerations into its policy monitoring, coordinating with its Government Relations team on both standalone and industry-coalition advocacy, and requiring approvals and periodic updates through its ESG governance structures. Specifically, the company explains that it "has incorporated climate change into the roster of topics we track for federal, state and local regulatory and legislative developments" and that it "coordinate[s] closely with our Government Relations team" to ensure advocacy efforts are "in line with the Company’s climate and sustainability priorities." Before undertaking any advocacy, Paychex states it will "consult with the ESG Committee senior leadership to ensure alignment with and support of this direction" and will "provide periodic updates at scheduled Committee meetings," which demonstrates a formal process for monitoring and managing lobbying alignment. Oversight is provided by the Ethics and Corporate Social Responsibility Steering Committee—chaired by the VP, Chief Legal & Ethics Officer—and by the Board’s N&E Committee, both of which oversee ESG policies. While the company clearly details who is involved and how both direct advocacy and trade-association engagement are reviewed, we found no evidence of a publicly available climate-lobbying audit or third-party assessment of this alignment.
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B |