Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Salvatore Ferragamo SpA discloses a high-level commitment to align its advocacy with climate goals, confirming “Yes” to the question, "Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?" This statement shows some recognition that its external engagement should be Paris-consistent. The company also describes sustainability oversight structures such as the "cross-functional working group called Green Team (GT)… dedicated to designing and promoting corporate responsibility initiatives" and notes that “since 2016, the Internal CRC… has been responsible for overseeing sustainability issues," but these bodies are presented in the context of general sustainability management rather than the governance of lobbying or policy advocacy. Its engagement policy, overseen by the Board, specifies that “the body responsible for the approval, implementation and any revision of this engagement policy is the Board of Directors,” yet the policy addresses dialogue with shareholders and other stakeholders, not lobbying activities, and provides no procedures for assessing climate-policy alignment of either direct advocacy or trade-association positions. We found no evidence of a formal review, monitoring, or escalation process for lobbying, no disclosure of criteria for trade-association alignment, and no designated executive accountable specifically for lobbying governance. Accordingly, while the Paris-alignment pledge meets the minimum indicator of intent, the company does not disclose the mechanisms, oversight or reporting needed to demonstrate a structured climate-lobbying governance process.
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