Edenred SE

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Edenred SE provides only limited insight into its climate-related lobbying. It indicates that its Brazilian subsidiary Ticket Log participates in working groups of the Brazilian Business Council for Sustainable Development, an indirect mechanism that could involve information the group “can share with policymakers,” but it does not spell out whether this means letters, meetings, or formal consultations, nor does it identify which ministries, legislators, or agencies are approached. On the substance of policy, the company lists broad themes such as “carbon pricing, taxes, and subsidies,” “carbon taxes,” and efforts linked to Amazon deforestation and “climate change mitigation,” without naming any specific bill, regulation, or governmental proposal it has tried to influence. Finally, the disclosure offers only a general aspiration—alignment with the Paris Agreement and participation in groups focused on “Climate & Energy” and “Amazonia Biodiversity Preservation”—and does not set out the concrete legislative or regulatory outcomes it is seeking. Because the company discloses only general categories of engagement, a single indirect mechanism, and no defined policy objectives, its transparency around climate lobbying remains minimal. 1
Lobbying Governance
Overall Assessment Comment Score
Limited Edenred SE discloses a public commitment to conduct its engagement activities "in line with the goals of the Paris Agreement," but the company does not disclose a governance process to ensure that its lobbying activities align with its climate objectives. It states, "Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? Yes." The report describes how the Public Affairs Department "implements targeted measures on behalf of the Group, such as: - continuously monitoring political, social and economic developments in the Group’s host countries," "developing institutional tools, such as macro-economic studies, research, surveys and position papers, demonstrating the effectiveness of Edenred’s solutions," and "participating in public debate" to defend its interests, indicating active direct and indirect lobbying. However, the company does not disclose any policy or procedure for monitoring or managing climate-related lobbying, does not name any individual or formal body overseeing lobbying alignment, and we found no evidence of board or committee oversight specific to its lobbying activities. This indicates limited governance around climate lobbying beyond a standalone commitment. 1