Bloom Energy Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Bloom Energy provides only limited visibility into its climate-policy lobbying. It notes that its policy, legal and regulatory teams are “focused heavily on direct policy engagement on local, state, and federal levels” and that representatives held “long and meaningful conversations” with “Governors of several U.S. states,” “Ministers of countries,” and the “White House National Climate Advisor,” indicating some direct contact with identifiable public officials, yet it gives no detail on the concrete tools used—such as written submissions, testimony, or formal consultations—nor does it list the specific jurisdictions or offices approached. The company discusses policy areas it cares about, citing broad support for the Inflation Reduction Act, the Infrastructure Investment & Jobs Act, and provisions such as the hydrogen production tax credit and incentives for microgrids and biogas equipment, but it does not clarify whether it actively lobbied on these statutes or any other named bills. Similarly, its desired outcomes are expressed only in general terms—scaling renewable hydrogen, promoting fuel cells, and “helping to decarbonize natural gas infrastructure”—without stating concrete legislative changes, amendments, or targets it seeks. Participation in multi-stakeholder bodies like the Fuel Cell and Hydrogen Industry Association and the Hydrogen Council is mentioned, but the purpose and content of this indirect advocacy are not explained. As a result, the disclosure signals that some engagement occurs but offers little specific information on the policies pursued, the mechanisms employed, or the precise results the company is seeking. 1
Lobbying Governance
Overall Assessment Comment Score
Limited Bloom Energy Corp discloses some elements of lobbying governance, but the evidence does not indicate a comprehensive or detailed process for aligning lobbying activities with climate-related goals. The company mentions that its "policy, legal, and regulatory teams and consultants are focused heavily on direct policy engagement on local, state, and federal levels," and participates in industry groups such as the "Fuel Cell and Hydrogen Industry Association and the Hydrogen Council." However, there is no explicit mention of mechanisms to ensure alignment of these lobbying activities with climate objectives. Oversight of ESG matters is delegated to the Nominating, Governance & Public Policy Committee, which "shares relevant information and analysis" with other committees and the full Board, but the evidence does not clarify how this oversight extends specifically to lobbying governance or alignment with climate goals. While the ESG Committee is responsible for setting priorities and objectives, its role appears broader and does not explicitly address lobbying governance. Additionally, the establishment of the Bloom Energy Corporation Political Action Committee (Be PAC) in 2021 is noted, but this is focused on political contributions rather than governance of lobbying activities. Overall, while there are references to governance structures and ESG oversight, the company does not disclose a clear process for monitoring or managing lobbying alignment with climate-related policies. 1