Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Signify describes an integrated governance system that actively manages both direct and indirect climate-related lobbying and assigns clear oversight, indicating strong governance. The company states that “These direct and indirect engagement activities are managed in a central manner by Signify's Sustainability team, and supervised by our Board of Management,” demonstrating that lobbying alignment is overseen by the highest executive body. A dedicated “Public and Governmental Affairs team defines and steers our climate change strategy and stakeholder engagement activities,” while the company’s “Responsible Advocacy Policy” provides “clear ground rules for our advocacy work” and requires political neutrality. To govern indirect lobbying, Signify commits that “for all of the associations in which we are members… we commit to regularly review their public engagements on issues like energy efficiency, climate policy, and the global energy transition, to identify and take action on any potential misalignment with our own advocacy.” This review pledge, alongside monthly information flows such as the “Connect to Markets” program that keeps “our staff responsible for engagement with local policy makers” aligned with corporate climate strategy, shows a defined monitoring process. The disclosure therefore covers policy, oversight, and mechanisms for ensuring alignment across both direct lobbying and trade-association activity; however, the company does not disclose the detailed outcomes of its association reviews or any third-party audit of lobbying, leaving limited transparency on how corrective actions are implemented or verified.
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B |