Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Micron Technology has instituted a governance framework for its lobbying activities that integrates board oversight and executive accountability, though it stops short of providing a dedicated climate-lobbying alignment report or formal Paris Agreement commitment. The Board’s Governance and Sustainability Committee, “compris[ed] entirely of outside directors,” is charged with “the oversight and monitoring of the manner in which the Company conducts its public policy and government affairs activities,” and “shall review, on a semi-annual basis, reports on the Company’s political spending and lobbying activities,” while “the Executive Vice President of Global Operations ... and the Global Head of Government and Public Affairs” manage day-to-day political engagement. To align its indirect lobbying, Micron states that “on an annual basis, Government and Public Affairs analyzes the alignment and effectiveness of the external partners that Micron engages,” and it “review[s] policy and industry association stances internally with relevant sustainability and executive leadership as needed, taking into account consistency with our climate commitments.” This process indicates active governance of both direct and indirect lobbying and clear assignment of oversight, but the company does not disclose a standalone climate-lobbying audit or policy requiring that it “exit associations” whose positions conflict with its climate goals, nor does it offer a public commitment to align its engagement with the Paris Agreement.
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B |