Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Limited | Jefferies Financial Group provides only a basic picture of its climate-related public-policy activity. On the policy side it identifies two specific regulatory initiatives it follows and says it is “preparing for the myriad regulatory mandates coming its way,” citing the European Union’s Corporate Sustainability Reporting Directive and the U.S. SEC’s proposed climate-risk disclosure rule, and it also analyses national programmes such as Japan’s Green Transformation Plan and India’s National Green Hydrogen Mission. However, the disclosures do not make it clear whether the firm has actively tried to influence these measures. The company offers only limited insight into how it seeks to exert influence: one passage notes “our meetings with government agencies and corporate leaders” during an India trip, and another states that “Jefferies’ ESG Corporate Access Team is responsible for a wide range of dedicated expert and corporate events,” but it does not specify whether these meetings, conferences or its role in sustainable-bond issuance involved formal submissions, letters or other advocacy to named policymakers. Finally, the desired outcomes of any lobbying are expressed in broad terms—such as a commitment to “helping our clients and stakeholders accelerate the transition to a low-carbon economy” and matching its own power use with renewable energy—without stating concrete legislative or regulatory changes sought. Taken together, the company discloses some relevant policies it monitors and hints at engagement mechanisms, yet provides little concrete detail about its lobbying methods or the policy outcomes it is pursuing. | 1 |