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Coface SA states that “With regard to lobbying, Coface does not directly or habitually carry out any activity in this field and has no employee whose appointed duty or mission involves lobbying public or political entities,” and notes that “any action undertaken in this respect should naturally be carried out in the context of the internal rules laid down by Coface in the aforesaid code of conduct.” The company further reports that “a lobbying code was introduced in 2021,” but it does not disclose any processes or procedures for monitoring or managing lobbying activities, nor does it describe how any such activities would be aligned with company policies or climate objectives. We found no evidence of a named individual or formal body overseeing lobbying, no periodic reviews or audits of lobbying conduct, and no mechanisms for engaging, correcting, or exiting trade associations based on policy alignment.
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