Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Fiserv discloses a basic governance structure for its lobbying activities, noting that “the government relations team oversees our public policy strategy” and that “the Nominating and Corporate Governance Committee of the board of directors is responsible for overseeing our government relations activities, and annually reviews these activities as well as the Fiserv Political Contributions and Expenditures policy and Lobbying policy.” The company further states that “the nominating and corporate governance committee has oversight of our Government Relations function,” confirming a named board-level body with formal review responsibilities. These statements indicate that policies exist, approvals are required, and an annual board review provides a recurring control, which suggests a moderate degree of governance. However, the disclosures stop at a high-level description of ethical lobbying and legal compliance; there is no information on how lobbying positions are checked for alignment with climate or broader sustainability objectives, nor any mention of reviewing or managing the lobbying positions of the trade associations to which “Fiserv pays membership dues.” The company also cites publication of a political-contributions report, yet provides no comparable public audit or alignment assessment for its direct or indirect lobbying. Consequently, while oversight and policy review are clearly described, the absence of detailed monitoring mechanisms, alignment criteria, or climate-specific governance indicates that Fiserv’s lobbying governance is moderate rather than comprehensive or strong.
View Sources
|
C |