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STAG Industrial Inc describes a detailed framework for ESG oversight—highlighting that “STAG’s governance practices serve as a framework for our senior leadership teams to report on ESG efforts, progress and issues to our Chief Executive Officer and to our Board of Directors on a regular basis,” that its Corporate Responsibility Committee is tasked with “guiding our environmental stewardship efforts, including assessing our carbon footprint, assessing and managing climate-related risks and opportunities and actively managing and monitoring the environmental performance of our properties,” and that “STAG’s Senior Vice President of Construction/Sustainability, Brian LaMont, is responsible for informing the Board of Directors on climate-related issues.” However, the company does not disclose any mechanisms, policies, or oversight processes specific to direct or indirect lobbying activities, and we found no evidence of review or alignment of its lobbying with its climate goals. Moreover, it explicitly states that it has no intention of aligning its advocacy with the Paris Agreement, noting “No, and we do not plan to have one in the next two years.” This indicates that while STAG has strong ESG governance overall, it provides no transparency or accountability around lobbying governance, direct or through trade associations.
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