Under the European Sustainability Reporting Standards, companies must provide information on the activities and commitments related to exerting their political influence, including lobbying activities related to their material impacts, risks, and opportunities.

The data collected under this metric corresponds to the definition of direct political contributions, as defined by EFRAG in Annex of Disclosure Requirements for ESRS G1-5.

AR 9. For purposes of this Standard ‘political contribution’ means financial or in-kind support provided directly to political parties, their elected representatives or persons seeking political office. Financial contributions can include donations, loans, sponsorships, advance payments for services, or the purchase of tickets for fundraising events and other similar practices. In-kind contributions can include advertising, use of facilities, design and printing, donation of equipment, provision of board membership, employment or consultancy work for elected politicians or candidates for office.