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Title:Transparency and integrity of lobbying
Date of publishing:November 20, 2015
Hits:5652
Category:News
Language:English
Also available in the following languages:Dutch, French

Transparency and integrity of lobbying
November 20, 2015

In its 20th Sustainability Focus, Vigeo makes analyses the progress made by companies between 2013 and 2015 with regard to the transparency and integrity of their lobbying activities. There has been an increase in attention for lobbying practices over the last years as well as increased pressure from stakeholders, and most notably from shareholders. In the US for example, requests for corporate lobbying disclosure were among the most reoccurring shareholder resolutions submitted at annual meetings in 2014 and 2015.

While several companies demonstrated positive responses to stakeholders’ calls for action, the majority of the companies under review continue to display a weak performance on the topic. Nevertheless, slight improvements have been witnessed between 2013 and 2015, largely attributable to the development of regulation and the progressive implementation of the European Transparency Register.

At country level, existing differences in regulatory frameworks are reflected in company performances. European countries fall slightly behind the United States, where the best performances are observed. This is due to the binding and more complex legal framework in the US as compared to the voluntary nature of the European Commission’s Transparency Register for lobbyists. Moreover, differences are perceived among sectors, with the best sector performance observed in more highly scrutinized sectors such as Tobacco and Aerospace.

Read the full report: “Transparency and integrity of lobbying: an update on the emerging CSR challenge