Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Aspen Pharmacare Holdings Ltd demonstrates a moderate level of governance in its lobbying activities, particularly in relation to climate change. The company states that "Aspen’s direct and indirect business activities and stakeholder engagement processes are aligned to the Group’s strategic objectives," and this alignment is monitored by the Social & Ethics Committee and the Aspen Board. The Group Risk and Sustainability Department, under the direction of the Group Chief Operations Officer, is tasked with developing and promoting environmental management principles and standards, while the Group Ethics & Compliance Department ensures consistency across operations. Formal structures such as "Centres of Excellence" have been established to drive climate change ambitions, with mandates to set and track measurable targets aligned with the UN Sustainable Development Goals. Additionally, facilities engage with regional stakeholders and policymakers, such as the EU emissions trading system and the Australian Environment Business Network. A combined assurance audit plan is in place to monitor alignment of environmental policies and systems, with progress overseen by the Group Risk and Sustainability Department, site management teams, Group Executives, and the Social & Ethics Committee. However, while these mechanisms indicate a structured approach to sustainability and climate-related activities, the company does not disclose a specific governance process explicitly dedicated to ensuring alignment of lobbying activities with climate goals. Furthermore, Aspen acknowledges that it does not yet have a public commitment to conduct engagement activities in line with the Paris Agreement, although it plans to establish one within two years. The evidence suggests that while there are processes for monitoring and aligning broader sustainability efforts, the governance framework for lobbying, particularly climate-related lobbying, lacks detailed mechanisms and oversight specific to this area.
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