Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Telstra has robust processes in place to manage communication and company information, including all our direct and indirect activities that influence policy. These processes ensure that information is accurate (i.e., consistent with our Environment Strategy and Environment Policy), authorised, and appropriately managed. In accordance with Company Policy - External Communication and Social Media Policy (Release of Information Externally, all written material for external release must be formally approved prior to release. That policy requires a four-stage sign-off, as follows: Function subject matter expert, Investor Relations, Legal, and Communications. The Sustainability group is responsible for implementing Telstra's Environment Strategy. As part of the Sustainability, External Affairs & Legal function, the Sustainability group is included in the sign-off process for communications relating to Telstra's Environment Strategy and Environment Policy.
This process helps ensure that all engagement influencing policy is consistent with our Environment Strategy and Environment Policy. Our principles for our engagement activities have been developed to guide and inform our engagement approach and are available on our website.
We recently conducted a review of our alignment with our key industry associations' positions in relation to climate change for the period 1 November 2019 to 30 June 2021 to ensure our participation remains constructive and in line with our broader interests and positions on key issues. This review found there was broad alignment between Telstra's policy position on energy and climate change and the in-scope member industry associations' positions on these issues. We continue to work with our key industry associations on environmental matters and remain aligned on material climate change issues. We will continue to monitor our memberships to ensure this alignment on climate change and energy policy remains the same, enabling us to manage risks and capture opportunities regarding these engagements.