Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Limited |
Inmobiliaria Colonial discloses only very limited information on how it governs lobbying or other policy-engagement activities. It states that “Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy… The Code of Ethics, in its chapter 4.3 (on page 9) clearly states that ‘Colonial is committed to strict compliance with any environmental legislation applicable, it will transmit these principles in its relations with contractors, suppliers or external partners, and will also require compliance with them.’” and confirms that “Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? […] Yes.” These extracts show a broad commitment to align external engagement with climate goals, but they do not explain any concrete mechanisms for monitoring or enforcing lobbying alignment, nor do they reference trade-association reviews, escalation steps, or withdrawal criteria. Although the company notes the existence of a Board-level “Sustainability Commission” and an executive-level “ESG Committee,” there is no explicit statement that these bodies review or oversee lobbying or advocacy; similarly, no individual is named as responsible for overseeing lobbying alignment. We found no evidence of processes that cover indirect lobbying through industry groups, nor any published lobbying-alignment review or audit. Consequently, the disclosure indicates only a basic commitment rather than a structured governance process for climate-related lobbying.
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D |