Lobbying Governance
Overall Assessment | Analysis | Score |
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None |
Ras Al Khaimah Ceramics’ disclosures focus extensively on sustainability oversight and risk management but do not address any lobbying governance mechanisms. For example, they highlight that “ESG governance at RAK Ceramics is currently overseen by both Executive Management and the Board” and describe how “the Internal Audit and Compliance function … manages risk in accordance with its risk framework” while the “Audit & Risk Committee … ensures compliance with all applicable laws, regulations and Company policies.” They also note the formation of “a dedicated cross-departmental sustainability group” and that “Governance initiatives are overseen by our Leadership and Internal Audit teams.” However, we found no evidence of any specific policy or process for governing direct or indirect lobbying activities, no criteria for aligning lobbying with climate objectives, and no individual or formal body charged with overseeing lobbying alignment with company goals.
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E |