Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Schaeffler demonstrates a strong governance framework for aligning its lobbying activities with its climate strategy, notably through the establishment of an “internal task force on the European Green Deal” that is charged with developing “aligned positions on the various climate change-related topics under the European Green Deal and to assure consistency of these positions with the overall Schaeffler climate change strategy.” This task force, comprising representatives from “the central sustainability department, energy management & purchasing, plant management and governmental affairs,” is responsible for communicating decisions within their respective global functions and for ensuring these positions are “represented unilaterally within the different working groups of trade associations Schaeffler participates in, and in the engagement with policy makers,” thereby covering both indirect and direct lobbying channels. The company further maintains “a regular exchange between the department governmental affairs and the sustainability department on current and upcoming sustainability and climate related legislation,” indicating an ongoing management process. We found no evidence of a publicly available climate-lobbying audit or review, nor does the company identify a specific senior-level executive or board committee that formally signs off on or oversees these climate lobbying activities.
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B |