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XP Power Ltd. demonstrates detailed internal structures for overseeing its climate strategy but provides no information on governing its lobbying activities. It explains that “The Board of Directors has overall responsibility and oversight of all matters that impact our strategy, risk management, vision, and values,” including approving and monitoring its “science-based targets and transition plan,” and describes a Sustainability Council chaired by the CEO that “supports the Executive Team through determining the relevant goals and objectives, reviewing environmental KPIs, resolving issues, mitigating risks to the plan, and recommending policies and processes to the Executive Team and Board.” The evidence also outlines a Sustainable Development Working Group “led by our Sustainability Lead” that tracks project progress. However, there is no discussion of any mechanism to oversee, review, or align lobbying—direct or indirect—with its climate objectives, and no mention of a policy, committee, or individual charged with managing lobbying engagement.
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