Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
TJX discloses a formal process that links its climate-related external engagement to governance structures, indicating moderate oversight of climate lobbying activities. It states that the Global Environmental Sustainability Committee (GESC) "was established to set global program priorities, facilitate increased communication and collaboration across the TJX geographies and monitor key sustainability issues, trends and policies" and is "led by the Vice President, Sustainability", thereby identifying both the body and individual with responsibility. The company explains that in each region GESC members "work with their local SMEs to identify, monitor and recommend specific external engagement opportunities," and that "new partnerships, industry collaborations or trade associations… are evaluated by the applicable members of the GESC together with the Executive Sponsor, CRO, and members of the CRSC in order to review whether current policies or perspectives held by the organization are consistent with our overall business strategy." This demonstrates a concrete mechanism for assessing the alignment of indirect lobbying channels such as trade associations with company strategy. However, the disclosure focuses on prospective engagement opportunities and does not describe how the company monitors or manages its own direct lobbying, provides no public audit of association alignment, and explicitly notes "No" to having a public commitment to conduct engagement in line with the Paris Agreement. Therefore, while governance structures and an alignment review for external partnerships are described, the extent of coverage and transparency remains limited.
View Sources
|
C |