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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Signify NV has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company explicitly names specific climate policies it has engaged with, such as the 'Energy Efficiency Directive (EED)' and 'Energy Performance of Buildings Directive (EPBD),' as well as broader initiatives like the 'Fit for 55' package and the 'European Green Deal.' These disclosures provide clear details about the policies and legislative frameworks the company has influenced. Signify also provides detailed information about its lobbying mechanisms, including 'direct talks with EU institutions,' participation in 'international/EU policy debates,' and collaboration with 'trade associations, alliances, think tanks, and research centers.' Specific events and forums, such as 'COP26 in Glasgow,' 'London Climate Week,' and 'Climate Week NYC,' are highlighted, along with its role in chairing advocacy events organized by the European Alliance to Save Energy (EU-ASE) and the Corporate Leaders Group Europe. Furthermore, the company has been transparent about the specific policy outcomes it aims to achieve, such as advocating for 'an overall EE objective of minimum 55% in 2030,' increasing building renovation rates, and unlocking funding for large-scale deployment of connected street-lighting. These detailed and measurable outcomes demonstrate a clear and transparent articulation of the company's lobbying objectives, showcasing its commitment to advancing energy efficiency and climate action.
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4
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| Overall Assessment |
Comment |
Score |
| Strong |
Signify demonstrates a strong governance process for climate lobbying alignment, with evidence highlighting that "direct and indirect engagement activities are managed in a central manner by Signify's Sustainability team, and supervised by our Board of Management," indicating clear oversight structures. The Sustainability team acts as "a central contact center for climate change related issues and questions," ensuring consistent messaging and alignment with the company's climate change strategy. Additionally, the company conducts "monthly or quarterly meetings" between the Sustainability team and other departments to ensure all stakeholders are "fully informed of our Climate Action program and progress." The Public and Governmental Affairs team, established in 2009, "defines and steers our climate change strategy and stakeholder engagement activities," further reinforcing the governance framework. Signify also has a "Connect to Markets" program that provides monthly updates to its global sustainability and P&GA network, including staff responsible for engagement with local policymakers, ensuring alignment with its corporate climate change strategy. While the company mentions a process for monitoring alignment between its climate goals and the lobbying activities of trade associations, such as through its "Responsible Advocacy Policy" and regular reviews of public engagements, it does not provide detailed mechanisms for monitoring or enforcing alignment beyond the general commitment to review public engagements. This indicates a defined governance process with monitoring details and responsible parties, but without evidence of a comprehensive lobbying audit or detailed study of alignment processes.
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3
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