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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Linde PLC has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company has explicitly named specific climate policies it has engaged with, such as the EU Renewable Energy Directive, Section 45Q tax credit for carbon oxide sequestration, and the Bipartisan Infrastructure Law. It has also disclosed its advocacy for clean hydrogen production and carbon capture policies, emphasizing alignment with the Paris Agreement. Linde has provided detailed information about its lobbying mechanisms and targets, including direct engagement with political decision-makers in the U.S., EU, and other regions, as well as participation in trade associations like the Hydrogen Council and European Industrial Gases Association. The company has also described its advocacy efforts for clean hydrogen and carbon capture policies, ensuring alignment with its climate strategy. Furthermore, Linde has been transparent about the specific outcomes it seeks, such as promoting clean hydrogen production, establishing regional hydrogen hubs, and securing favorable conditions for carbon capture and sequestration. These goals are central to its climate transition plan and its target of a 35% absolute GHG reduction by 2035. This level of detail and alignment with broader climate goals illustrates Linde's comprehensive approach to disclosing its climate lobbying efforts and objectives.
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4
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| Overall Assessment |
Comment |
Score |
| Strong |
Linde demonstrates strong governance in its climate lobbying processes, supported by detailed oversight mechanisms and alignment with climate goals. The company explicitly mentions its engagement with governments and industry associations to advocate for climate policies, stating that it "maintains a detailed oversight process to ensure its engagement activities are conducted in a legal, ethical and transparent manner, are aligned across business units (BUs) and geographies, and are consistent with its overall climate change strategy." Oversight is provided by the Chief Compliance Officer (CCO), with an annual program review by the Board of Directors. Additionally, the Vice President, Sustainability, works closely with the Government Relations department to ensure public policy advocacy aligns with Linde's global climate change strategy. The Government Relations department also has a seat on the Sustainable Development Council, which meets quarterly. Linde further identifies responsible parties for overseeing climate lobbying alignment, including the Vice President, Sustainability, and the General Counsel, who coordinate advocacy positions with environmental or climate change impacts. While Linde does not provide evidence of a comprehensive lobbying audit or detailed study of its direct and indirect lobbying governance processes, it does describe a policy and process for monitoring alignment of its lobbying activities with climate goals. For example, Linde states that it "participates extensively in groups that seek to do this — learning from others and sharing its own experience," and lists memberships in organizations with climate change positions generally aligned with its own, such as the Hydrogen Council and European Industrial Gases Association. This indicates a robust governance structure for ensuring alignment of indirect lobbying efforts through trade associations.
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3
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