Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
Viña Concha y Toro has established a governance framework for climate lobbying that centers on its Sustainability Committee to oversee and align direct policy engagement in line with its Climate Change Strategy. The company explains that “Viña Concha y Toro has a Sustainability Committee in charge of directing and managing all activities under the influence of the Sustainability Strategy and any environmental matters,” and that “the Sustainability Committee ensures that our collaboration with policy makers is aligned with the Company’s Strategy regarding Climate Change.” It further states that “every activity and participation with third parties regarding climate change is discussed and validated by the Sustainability Committee,” and if “any inconsistency between our policy influence activities and our Sustainability Policy and Strategy is identified, this is escalated for analysis by the Committee so that appropriate corrective action can be taken.” This process is supported by the “Sustainable Development team,” which is responsible for “determining the environmental and social performance indicators; supporting planning and monitoring; and participating in evaluation of Company activities against our climate and sustainability commitments.” However, while this framework covers direct engagement, we found no evidence that the company applies equivalent oversight to its indirect lobbying through trade associations such as the Santiago Chamber of Commerce or Vinos de Chile AG, which it “supports … with the aim of promoting the competitive potential of the wine industry.” The company also maintains a “Corporate Donations Policy” requiring Board approval for political contributions and confirms that “during 2021, the Company made no contributions to campaigns or political organizations,” and the company does not disclose a public commitment to align its engagement with the goals of the Paris Agreement, stating “No, but we plan to have one in the next two years.”
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