Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
VTech’s Sustainability Sub-Committee meets quarterly to ensure policy-influencing activities align with its climate strategy, noting that “Meetings are held by the Sustainability Sub-Committee every quarter to review if the activities that influence policy are consistent with our overall climate change activities.” This Sub-Committee comprises senior executives—including the Group Chief Financial Officer, TEL President, Vice President of ELP Operation, Managing Director of CMS, and the Sustainability team—and holds “strategic and operational responsibility to manage sustainability issues,” providing a defined oversight body. However, the company does not disclose any specific mechanisms for governing its direct lobbying efforts or for aligning the positions of its trade-association memberships with its climate goals, despite listing numerous associations. It also states “No, and we do not plan to have one in the next two years” in response to a commitment to conduct engagement in line with the Paris Agreement, and there is no named individual owner or detailed process for monitoring and enforcing lobbying alignment.
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