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Overall Assessment |
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Comprehensive |
WP Carey Inc. is fully transparent in its climate-related lobbying disclosures by clearly stating that it undertakes no such activity. The company reports that "W. P. Carey prohibits the use of corporate funds for political contributions, including lobbying and campaign contributions" and confirms that "the Company made $0 of contributions directly to lobbying efforts, political campaigns, candidates or political parties in 2023." By explicitly declaring non-engagement, explaining its internal prohibition on political spending and confirming the absence of any spending or activity, the company provides complete clarity on the policies it has (none), the mechanisms it employs (none), and the outcomes it seeks (none). This forthright statement leaves no ambiguity about its position or practices and demonstrates a high level of transparency.
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4
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Overall Assessment |
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None |
WP Carey discloses that it “prohibits the use of corporate funds for political contributions, including lobbying and campaign contributions” and in 2023 made “$0 of contributions directly to lobbying efforts, political campaigns, candidates or political parties,” yet the company does not describe any internal process for overseeing or aligning its political or lobbying engagements. While noting that “W. P. Carey, and certain of our employees, are members of industry or trade associations, including the National Association of Real Estate Investment Trusts (NAREIT), which may participate in political advocacy,” the company provides no policy or mechanism for reviewing membership positions, engaging with associations, or ensuring advocacy aligns with its corporate or climate objectives. We found no evidence of any individual or formal body responsible for lobbying governance, no procedure for monitoring either direct or indirect lobbying activities, and no mention of how any political advocacy is managed or approved.
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0
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