Atlas Copco AB

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate Atlas Copco discloses a moderate level of detail about its climate-related lobbying. It identifies one specific legislative proposal it has engaged on—the European Commission’s Carbon Border Adjustment Mechanism (CBAM)—and more generally notes work on “higher energy efficiency standards and design policies,” giving readers at least a partial view of the policy agenda it addresses. The company explains how it seeks to influence these issues, describing indirect lobbying through its active participation in Pneurop, “the European committee of manufacturers of compressed air equipment, vacuum pumps, pneumatic tools and allied equipment,” and a direct mechanism in which it “signed a joint statement” on the CBAM proposal alongside other associations; the target of these actions is the European Commission. Atlas Copco is also reasonably clear about what it wants to achieve: it backs the CBAM “with no exceptions” so that it will “effectively reduce carbon emissions and prevent carbon leakage down the value chain,” and states support for stronger energy-efficiency requirements. Together, these disclosures lay out the main policy focus, the channels used, and the outcomes sought, but they stop short of providing a full list of all climate policies lobbied or a detailed map of every engagement mechanism, leaving some gaps in transparency. 2
Lobbying Governance
Overall Assessment Comment Score
Limited Atlas Copco provides only broad statements about aligning its external engagement with climate goals without detailing an internal governance mechanism that would ensure or monitor that alignment. It reports that it “engage[s] continually and systematically with key stakeholders to help us understand, prioritize and manage the impacts of our organization … via memberships in international collaborations and industry initiatives” and that it has “a public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement.” The company also notes that it is “fully committed to being part of the solution for a better tomorrow” and that “setting high-ambition targets at the company level helps governments to achieve their targets,” but these disclosures do not specify who oversees lobbying activities, how direct or trade-association lobbying is reviewed for consistency with the targets, or what corrective actions are taken when misalignment arises. Because the disclosure is limited to high-level intentions and contains no explicit reference to oversight structures, monitoring procedures, or accountability for lobbying alignment, it indicates only a basic commitment rather than a defined governance process. 1