Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
FinecoBank provides some insight into how it governs climate-related advocacy, indicating a moderate level of transparency. It states that "Engagement activities with both clients and Personal Financial Advisors are fully integrated in our Sustainability strategy, which includes climate-related goals. Therefore these activities are designed to reach these goals and to be consistent with the strategy," and adds that "we engage indirectly with trade association (ABI, the Italian Banking Association) by contributing to public consultation processes on climate-related regulations." Oversight is assigned to a named board-level body: the "Corporate Governance and Environmental and Social Sustainability Committee," which "oversees the evolution of the Group’s Sustainability strategy ... and examines and, where appropriate, formulates proposals regarding corporate plans, objectives, rules and procedures on social and environmental issues," while a Sustainability Management Committee "is also in charge of monitoring the progress of the defined Sustainability strategy." This indicates that responsibility for ensuring engagement alignment ultimately rests with the Board. However, the company does not disclose a stand-alone lobbying policy, any systematic review of its own or trade associations’ policy positions, or a public commitment to align lobbying with the Paris Agreement, noting explicitly "No, and we do not plan to have one in the next two years." There is no evidence of periodic audits, criteria for assessing association memberships, or processes addressing direct lobbying activities, so the disclosed governance remains limited to integrating engagement within the broader sustainability framework rather than a dedicated, detailed lobbying governance system.
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