Monster Beverage Corp – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Strong	Monster Beverage Corp has established a formal review mechanism for its lobbying activities, requiring that “any direct and indirect activities that we undertake with the potential to influence policy must be reviewed by Monster Energy’s Operations and Legal department to ensure compliance and consistency with our climate change strategy,” which demonstrates a clear process covering both direct and indirect engagement. However, the company explicitly states that it has no intention to publicly align its engagement “in line with the goals of the Paris Agreement,” noting “No, and we do not plan to have one in the next two years.” While the Operations and Legal department provides a defined oversight function, we found no evidence of a dedicated climate-lobbying audit or third-party review, no publicly available report on lobbying alignment, and no named senior individual or board committee beyond this department, which limits the depth and transparency of its governance of climate-related lobbying activities. View Sources	B

Overall Assessment

Analysis

Score

Strong

Monster Beverage Corp has established a formal review mechanism for its lobbying activities, requiring that “any direct and indirect activities that we undertake with the potential to influence policy must be reviewed by Monster Energy’s Operations and Legal department to ensure compliance and consistency with our climate change strategy,” which demonstrates a clear process covering both direct and indirect engagement. However, the company explicitly states that it has no intention to publicly align its engagement “in line with the goals of the Paris Agreement,” noting “No, and we do not plan to have one in the next two years.” While the Operations and Legal department provides a defined oversight function, we found no evidence of a dedicated climate-lobbying audit or third-party review, no publicly available report on lobbying alignment, and no named senior individual or board committee beyond this department, which limits the depth and transparency of its governance of climate-related lobbying activities.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
None	No evidence found	E