Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Cheniere Energy maintains formal oversight of its political contributions and lobbying through a bipartisan PAC structure and compliance procedures, noting that “a five-member PAC committee oversees the PAC and either approves or denies each PAC contribution” and that “any direct political corporate contributions that Cheniere makes must be approved by an internal compliance officer and comply with local laws.” The company also emphasizes that “we expect employees to conduct all political advocacy activities in compliance with applicable state and federal laws, as well as company policies” and reports that “in 2020, 100% of eligible employees completed” the required annual compliance training, while disclosing “all political contributions and lobbying expenses as required by state and federal laws which can be accessed at the Federal Lobbying Database and at the Texas and Louisiana state databases.” It further states that “we align our political engagement efforts with our mission: to provide clean, secure and affordable energy to the world,” and the Governance and Nominating Committee “has overseen management’s response and readiness on climate and sustainability issues.” However, the company does not disclose any policy or process for aligning its direct lobbying or participation in industry associations with its climate objectives or any dedicated review or audit of climate-related lobbying alignment.
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D |