Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
GPT Group demonstrates a moderate level of governance in its lobbying processes, particularly in relation to climate-related advocacy. The company states that its advocacy for alignment to the Paris Agreement is conducted "in accordance with the GPT Government Relations Policy and extends to expectations for the industry associations of which we are a member," indicating some oversight of indirect lobbying activities. Furthermore, the GPT Leadership Team is "accountable for the implementation and review of the Climate Change Policy including metrics and targets related to commitments within this Policy, with oversight from the GPT Board," which suggests a structured approach to monitoring and managing climate-related commitments. The Sustainability Team and business unit managers are tasked with delivering policy commitments, including "relevant stakeholder engagement and training," which implies some level of operational alignment. However, while the company mentions reporting metrics and targets to the GPT Leadership Team and Board, there is no explicit evidence of a detailed process for reviewing lobbying alignment or a mechanism for addressing misalignment with trade associations. Additionally, while the Board and committees such as the Sustainability and Risk Committee play roles in overseeing climate-related risks and disclosures, the evidence does not clearly outline how these governance structures ensure alignment of lobbying activities with climate goals. The company does not disclose a specific lobbying audit or review process, nor does it provide detailed mechanisms for monitoring both direct and indirect lobbying alignment beyond general policy commitments.
View Sources
|
C |