Valmet Oyj

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Valmet Oyj has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, including the "EU's Sustainable Finance Taxonomy," the "EU's Carbon Border Adjustment Mechanism (CBAM)," the "Revision of EU's Renewable Energy Directive (REDIII)," and the "Revision of EU's Energy Efficiency Directive (EED)." It provides additional details about these policies, such as their focus areas and geographical scope, which underscores its commitment to transparency. Valmet has also disclosed both direct and indirect lobbying mechanisms, such as contributing "to the decision-making procedures through our association network" and engaging "via direct contacts with decision-makers." It has specified its active participation in renewable energy discussions and its engagement with the European Commission, providing clarity on both the mechanisms and targets of its lobbying efforts. Furthermore, the company has been transparent about the specific outcomes it seeks, such as supporting the EU's Sustainable Finance Taxonomy proposals while advocating for criteria improvements, opposing the EU's CBAM in favor of maintaining the current ETS system, and emphasizing the inclusion of biomass in the renewable energy mix. These disclosures articulate clear desired policy changes and the reasoning behind its lobbying efforts, reflecting a high degree of transparency.	4

Lobbying Governance

Overall Assessment	Comment	Score
Strong	Valmet discloses that "Valmet's Corporate Relations function is responsible for coordinating Valmet's positions and lobbying activities," indicating a designated oversight body for climate lobbying. The company also states that it ensures alignment between its lobbying efforts and its climate strategy by requiring "associations and organizations to meet with Valmet's association criteria, which is consistent with Valmet's strategy," suggesting a policy for indirect lobbying oversight. While some evidence focuses more on general sustainability governance rather than specific monitoring mechanisms for lobbying alignment, the clear reference to a responsible corporate function and the requirement for trade associations to align with Valmet's strategy indicates strong governance of climate lobbying at Valmet.	3