We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
ABN AMRO is a member of SIFMA
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Megan Flaherty is on the board of SIFMA. As of December 2022, Megan Flaherty is no longer on the board of SIFMA.
Megan Flaherty (General Counsel, ABN AMRO Clearing Chicago)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
ABN AMRO is a member of SIFMA
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Megan Flaherty is on the board of SIFMA. As of December 2022, Megan Flaherty is no longer on the board of SIFMA.
Megan Flaherty (General Counsel, ABN AMRO Clearing Chicago)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, ABN AMRO is a member of UK Finance which is a national association member of EBF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of December 2022, ABN AMRO is a member of UK Finance which is a national association member of EBF
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Sustainable Finance Lobbying Overview: ABN AMRO appears to have had limited but broadly positive engagement on sustainable finance policy.
Top-line Messaging on Sustainable Finance Policy: ABN AMRO has advocated for action to reach net-zero by 2050, including as a member of the Net Zero Banking Alliance, and stated support for action to keep global temperature rise to 1.5C. . ABN AMRO has stated broad support for EU sustainable finance regulation in its climate statement. However, in its 2019-2021 CDP responses, ABN AMRO wrote that its "proposed legislative solution was to avoid legislation at this moment".
Position on sustainable finance policies: However, some of ABN AMRO's comments on specific regulatory streams appear to be more positive, including a comment in the media on the EU Green Bond Standard in 2019 and support for an ambitious review of the Non-Financial Reporting Directive (NFRD) in response to the Commission in 2020. It also offered broad support for the Sustainable Finance Disclosure Regulation (SFDR) in its 2020 annual report. In its 2022 CDP response, it stated support with minor exceptions for the EU Taxonomy and the European Financial Reporting Advisory Group’s (EFRAG) work on the European sustainability reporting standards (ESRS)/ Corporate Sustainability Reporting Directive (CSRD).
Lobbying Transparency: ABN AMRO has disclosed some information on sustainable finance policies it is tracking, but no further detail on direct engagements or desired outcomes. ABN AMRO has also listed trade association memberships, but no other details of indirect influence.