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| Overall Assessment |
Comment |
Score |
| Limited |
NextEra Energy provides only limited insight into its climate-related lobbying. On policies, the company explicitly identifies engagement with the Regional Greenhouse Gas Initiative, noting that “our strategy for complying with RGGI is by purchasing RGGI allowances through the quarterly regional auction and/or through the secondary market,” but no other climate laws or regulations are named. Its descriptions of how it lobbies remain high-level: the company says it “engages in the political process” both directly and through bodies such as the American Clean Power Association, Edison Electric Institute and the U.S. Chamber of Commerce, and it cites interaction with the Florida Public Service Commission, yet it does not detail specific mechanisms such as letters, meetings or testimony, nor does it consistently name the government officials or agencies it seeks to influence. The objectives of those efforts are likewise couched in broad aspirations—for example, it aims to support “public policy that advances clean, affordable energy and constructive regulatory environments”—without spelling out concrete legislative changes, emission-reduction targets or other measurable outcomes. As a result, while some elements of policy engagement are acknowledged, the overall transparency of the company’s climate lobbying activities remains limited.
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1
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| Overall Assessment |
Comment |
Score |
| Comprehensive |
NextEra Energy Inc. demonstrates a comprehensive governance process for lobbying, including climate-related lobbying, with clear mechanisms for oversight, monitoring, and alignment. The company has disclosed a detailed "Trade Association Lobbying Report" and commits to updating it to reflect material changes in lobbying strategy, ensuring transparency and accountability. "The Governance & Nominating Committee of the NextEra Energy Board of Directors assists the Board in oversight of the Companys political activities," and this committee is composed entirely of independent directors. The company has established rigorous processes, such as requiring the Vice President, Government Affairs-Federal, to annually review trade association memberships to ensure alignment with corporate strategy and objectives, including climate goals. "Any policy positions that are in conflict with the Companys corporate strategy and objectives will be reviewed with the Chairman and Chief Executive Officer of NextEra Energy to ensure participation in these organizations continues to provide an overall benefit to the Company." Furthermore, the companys Political Engagement Policy mandates annual compliance certifications from leaders responsible for political engagement, which are reported to the Governance & Nominating Committee. "Senior management provides oversight of the Companys political engagement activities and ensures they are in alignment with the Companys corporate strategy and objectives, including our position on and strategy on climate change." This indicates robust governance processes for both direct and indirect lobbying, with clear accountability structures and alignment mechanisms in place.
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4
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