Rexel SA

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Rexel provides a high degree of transparency about its climate-policy advocacy. It names a wide range of specific measures it has engaged on, including French legislation such as “RE2020,” the “climate and resilience law,” and the “circular economy law (AGEC),” as well as EU files like the “EU Taxonomy Regulation 2020/852,” the “Corporate Sustainability Reporting Directive (CSRD)” and accompanying “European Sustainability Reporting Standards (ESRS),” plus international frameworks under the ISSB and the States’ Intended Nationally Determined Contributions. The company also spells out how and with whom it lobbies: it “had the opportunity to discuss and advocate its position during a meeting between the FIEEC … and the Direction Générale du Trésor (French Treasury),” responded to formal consultations and joint workshops with EFRAG and the ISSB, and uses indirect channels such as AFEP-MEDEF declarations, its founding membership of Valobat, and participation in sectoral bodies like the P.E.P. Association. Finally, Rexel is explicit about the changes it seeks, advocating for “the distribution of electrical and energy equipment to be considered as eligible to the European Taxonomy Regulation,” supporting “interconnected mechanisms to put a price on carbon,” and calling for comparable efforts by major emitters, predictable investment frameworks, carbon-pricing and robust monitoring under international climate agreements. By disclosing the policies, the engagement methods and targets, and the concrete outcomes it pursues, the company demonstrates comprehensive transparency on its climate-related lobbying. 4
Lobbying Governance
Overall Assessment Comment Score
Moderate Rexel SA has implemented a formal oversight structure for its lobbying activities, mandating that “any lobbying activity and associated budgets have to be validated by the General Secretary,” with “engagement activities overseen by the General Secretary and Secretary of the Board of Directors, and member of the Executive Committee, to ensure consistency with the overall strategy.” This indicates a defined process for reviewing and approving lobbying efforts by named individuals and committees. However, the Rexel Code of Conduct, while providing “guidelines about lobbying practices and principles,” includes no explicit references to climate or environmental considerations, and the company does not disclose how it aligns or monitors the positions of trade or industry associations to its climate commitments. We found no evidence of broader indirect lobbying governance, such as ongoing monitoring of association memberships or a climate-focused lobbying audit, indicating that while direct lobbying is subject to sign-off, the framework for managing climate-related lobbying—especially indirect activities—is not clearly defined. 2