Alicorp SAA – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Alicorp discloses a structured process for overseeing participation in external associations and related contributions; it states that “our participation in various associations, as well as economic contributions and connections with civil society organizations or industry groups, is managed by the Public Affairs Directorate in coordination with the Legal and Compliance Directorate, the External Communications Directorate, and the Sustainable Development Management,” indicating a defined mechanism aimed at keeping these external engagements aligned with corporate objectives. The company further notes that “the approval of these participations, contributions, or associations is the responsibility of the Vice Presidency of Corporate Affairs and General Management” and that outcomes are “periodically reported to the Corporate Governance and Sustainability Committee of the Board of Directors,” thereby naming both executive-level and board-level bodies with explicit oversight. While this demonstrates clear internal controls and a recurring reporting loop that can help keep indirect lobbying through associations consistent with its sustainability strategy, the disclosure does not describe how direct lobbying activities are reviewed or how the company evaluates or acts on potential misalignments with climate-related policy positions, nor does it mention any formal climate-specific lobbying review or public audit. Consequently, the governance appears moderately strong on structure and oversight but lacks detail on climate-specific alignment criteria and corrective actions for both direct and indirect lobbying activities. View Sources	C

Overall Assessment

Analysis

Score

Moderate

Alicorp discloses a structured process for overseeing participation in external associations and related contributions; it states that “our participation in various associations, as well as economic contributions and connections with civil society organizations or industry groups, is managed by the Public Affairs Directorate in coordination with the Legal and Compliance Directorate, the External Communications Directorate, and the Sustainable Development Management,” indicating a defined mechanism aimed at keeping these external engagements aligned with corporate objectives. The company further notes that “the approval of these participations, contributions, or associations is the responsibility of the Vice Presidency of Corporate Affairs and General Management” and that outcomes are “periodically reported to the Corporate Governance and Sustainability Committee of the Board of Directors,” thereby naming both executive-level and board-level bodies with explicit oversight. While this demonstrates clear internal controls and a recurring reporting loop that can help keep indirect lobbying through associations consistent with its sustainability strategy, the disclosure does not describe how direct lobbying activities are reviewed or how the company evaluates or acts on potential misalignments with climate-related policy positions, nor does it mention any formal climate-specific lobbying review or public audit. Consequently, the governance appears moderately strong on structure and oversight but lacks detail on climate-specific alignment criteria and corrective actions for both direct and indirect lobbying activities.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Alicorp provides only limited insight into its climate-related lobbying. It indicates that it is “coordinating with regulatory agents like SUNASS and EPS” on water regulation and that it participates in trade bodies such as the National Society of Industries and the Foreign Trade Society of Peru, which discuss climate mitigation, adaptation, circular economy, and low-carbon transitions. These references reveal broad policy areas but stop short of identifying any specific climate laws or regulations the company seeks to influence. The company notes indirect engagement through its membership in the two associations but gives no detail on concrete lobbying tools—such as meetings, submissions, or letters—and does not name the particular government officials or legislative fora it addresses. Likewise, it outlines only general objectives such as encouraging circular-economy practices and monitoring potential water-tariff changes, without articulating any measurable policy changes or positions it advocates. Overall, the disclosure signals that some interaction with policy discussions occurs, yet it lacks the specificity needed to demonstrate meaningful transparency about the policies, tactics, and outcomes of Alicorp’s climate lobbying activity.	D