Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Comprehensive | NatWest Group discloses a comprehensive picture of its climate-policy advocacy. It names a wide array of concrete measures it has engaged on, including providing “extensive input into the Mission Zero: Independent Review of Net Zero,” submitting a joint statement on the “Environmental Land Management (ELM) Scheme,” commenting on the “Scotland and Wales Agriculture Bill,” supporting the “UK Heat and Buildings Strategy,” and responding to both the “FCA Sustainability Disclosure Requirements” and the “PRA Basel 3.1 Consultation Paper (CP16/22).” The company also explains how it lobbies and whom it targets: it submits formal consultation responses to the PRA and FCA, issues joint letters with more than 50 organisations to the UK Government, co-chairs the UK Government’s Energy Efficiency Taskforce, engages 200 MPs and ten councils through the Sustainable Homes and Buildings Coalition, and participates in industry roundtables and forums such as the Climate Financial Risk Forum. Finally, NatWest is explicit about the outcomes it seeks, for example urging the PRA “to reconsider the removal of the Infrastructure Support Factor,” backing FCA fund-labelling rules while proposing adjustments to thresholds and timelines, aiming to “strengthen parts of the Environmental Land Management Scheme to better support English farmers,” and advocating policies that accelerate building retrofits and energy-efficiency incentives. By detailing the specific policies, methods, targets and desired results of its engagements, the Group demonstrates a high level of transparency around its climate-related lobbying activities. | 4 |