Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
H&R Real Estate Investment Trust provides only limited insight into how it governs lobbying and other external climate-related engagement. The disclosure notes that engagement alignment is handled through “Monitoring by the VP, Sustainability and informal conversations within the team,” suggesting a named senior individual is responsible for reviewing climate-related advocacy, but offers no further detail on procedures, frequency, or criteria. Although the Board’s CESG&N Committee “is responsible for ESG oversight at the REIT level,” the materials focus on environmental due-diligence for property acquisitions and general ESG reporting rather than on policy advocacy; we found no evidence of any formal process that evaluates the consistency of direct or indirect lobbying with the REIT’s climate objectives, no mention of trade-association reviews or escalation measures, and the company states that it has “No” public commitment “to conduct your engagement activities in line with the goals of the Paris Agreement.” Overall, the presence of a designated VP Sustainability provides some oversight, but the governance framework for lobbying remains largely undeveloped and sparsely disclosed.
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D |