Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Limited |
Leggett & Platt Inc discloses limited information regarding its lobbying governance processes. The Nominating, Governance and Sustainability (NGS) Committee is tasked with oversight of corporate responsibility and sustainability policies, including environmental and climate change matters, as well as annually reviewing political and charitable contributions. Specifically, the company states that "the NGS Committee assists the Board in the oversight of: [...] The Company’s policies and programs relating to corporate responsibility and sustainability matters" and "annually reviewing the Company’s political and charitable contributions." Additionally, Leggett & Platt mentions that it "routinely review[s] our external engagement activities with management to ensure proper alignment with all business goals, including those related to climate commitments." However, the company does not disclose any specific mechanisms, processes, or detailed governance structures for ensuring alignment of lobbying activities with climate-related goals. Furthermore, it explicitly states that it does not have a public commitment to conduct engagement activities in line with the goals of the Paris Agreement and does not plan to adopt one in the next two years. This indicates that while there is some oversight of political contributions and external engagement activities, the governance framework lacks clarity and specificity regarding climate lobbying alignment and monitoring processes.
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D |