Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Exelon appears to maintain strong governance around lobbying, including its climate-related engagements, with clear structures for oversight and processes to align policy advocacy with its clean energy strategy. It describes how its Federal Government and Regulatory Affairs and Public Policy team “works closely with the Corporate Strategy, Innovation and Sustainability Department” to ensure that “direct and indirect activities that influence policy are consistent with our overall clean energy and climate change strategy,” and it names its “Senior Vice President and Chief Strategy and Sustainability Officer” as the individual responsible for coordinating the Sustainability Council, which integrates Government and Regulatory Affairs with sustainability priorities. The company also specifies that “internal lobbyists … report to Government Affairs in connection with all Lobbying Activities” and that detailed “pre-approval, contractual, due diligence, and monitoring requirements” govern all external lobbyists and political consultants, with the Chief Compliance & Ethics Officer providing “quarterly reports to the Audit and Risk Committee” and to operating company boards. However, we found no evidence that Exelon has published a dedicated climate-lobbying alignment report or commissioned an external review to evaluate its advocacy against climate targets, and its framework does not articulate a process for assessing the positions of trade associations relative to its climate goals.
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B |