Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
African Rainbow Minerals describes a structured, board-level mechanism for overseeing climate-related advocacy. It states that the ARM board, through the social and ethics committee chaired by Dr Rejoice Simelane, has ultimate responsibility for climate-change management and that this committee monitors and reports on the manner and extent to which ARM protects, enhances and invests in the wellbeing of the economic, social and natural environments, clearly disclosing the body that oversees lobbying alignment. The company has also implemented a concrete procedure for indirect lobbying: In F2022, we assessed the climate-change policies and positions of the five industry associations of which ARM is a member to see how these align with ARMs 12 climate-change statements/commitments, with follow-up actions that include engaging the association where policy change is required or considering suspending our membership where material misalignment exists and a commitment to publicly disclose where our position differs on climate change. These statements, together with the note that ESG targets are included in the remuneration packages of relevant executives, indicate accountability and monitoring mechanisms. Nevertheless, we found no evidence of an equivalent, detailed process that governs the companys own direct lobbying activities beyond the intention to consider our direct and indirect lobbying on climate-related topics during association reviews, nor any stand-alone public climate-lobbying alignment report or third-party audit. This indicates moderate but not comprehensive governance of climate lobbying.
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