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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Magna International Inc. provides a highly detailed picture of its climate-related lobbying. It names the specific measures it has engaged on, including the “Ontario environment plan,” the “SEC Proposed Climate Change Disclosure Rule,” and the “Canadian Securities Administrators Proposed Disclosure Rule,” as well as its broader dialogue on carbon tax design. The company also spells out how and with whom it lobbies: it “engaged with the Ontario Provincial Government,” filed “submission[s] of public comment letters regarding limited aspects of the rule” to both the U.S. SEC and the Canadian Securities Administrators, and supplements this direct outreach with indirect activity through industry bodies such as the Automotive Industry Action Group and Germany’s VDA, all of which are listed on transparency registers. Finally, Magna is explicit about what it is trying to achieve, seeking to shape the Ontario plan by highlighting “the commercial benefits and risks of Carbon Tax on the local automotive industry,” advocating for “voluntary (rather than mandatory) disclosure of Scope 3 emissions,” and pressing for alignment of Canadian and U.S. disclosure regimes with ISSB standards to “reduce the burden on reporting entities.” This level of specificity across the policies addressed, the channels used, the governmental targets, and the concrete outcomes sought demonstrates a comprehensive level of transparency in its climate-policy lobbying disclosure.
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4
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| Overall Assessment |
Comment |
Score |
| Moderate |
Magna International appears to have established some structured processes to govern its lobbying activities and ensure they align with its broader climate and sustainability strategy, though oversight responsibilities and climate-specific criteria are not clearly defined. In its Sustainability Governance Magna states that "Magna is committed to upholding the highest standards of integrity in our lobbying activities and political engagement" and emphasizes that it has "established a pre-approval procedure ('Disclose It' reporting system) for expenditures involving government officials," illustrating an approval mechanism for direct lobbying spend. The company further describes how "to ensure that our direct and indirect activities that influence policy are consistent with our overall climate change strategy, we frequently monitor/evaluate global regulatory developments," indicating a policy-alignment process that spans both direct and indirect engagement. It also notes that "if inconsistency is recognized it is corrected by senior management," signaling that deviations are addressed, and asserts that "a dedicated governance structure supports adherence to this strategy, with accountability assigned at the corporate level," though no specific individual or board committee is named to oversee lobbying alignment. However, while these elements demonstrate a commitment to aligning policy engagement with sustainability goals, we found no evidence of a detailed climate-specific lobbying review, nor a publicly disclosed audit or report on lobbying alignment with climate objectives.
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2
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