Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Ralph Lauren Corporation has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly named specific climate policies it has engaged with, such as the Paris Climate Agreement, the SEC's proposed rules for climate-related disclosures, the U.S. Regenerative Cotton Fund initiative, and Vietnam's Direct Power Purchase Agreement (DPPA) Pilot Program. It has also supported policy actions like rejoining the Paris Agreement, setting ambitious nationally determined contributions, and advocating for clean energy policies through initiatives like the 'We Are Still In' campaign and the 'We Mean Business Coalition.' Ralph Lauren has disclosed detailed lobbying mechanisms, including direct engagement with policymakers such as members of the Senate Agriculture, Nutrition, and Forestry Committee, USDA, and the White House, as well as indirect efforts through trade associations like the American Apparel and Footwear Association and the Business Roundtable. The company has also participated in initiatives like the G7 Fashion Pact and the UN Fashion Industry Charter for Climate Action. Furthermore, Ralph Lauren has been explicit about the outcomes it seeks, such as achieving net-zero emissions by 2040, eliminating one million metric tons of CO2e through its U.S. Regenerative Cotton Fund, and advocating for mandatory climate-related financial disclosures. These disclosures illustrate a clear and measurable commitment to advancing climate policy and demonstrate a high level of transparency in its lobbying efforts. | 4 |