Climate Policy Engagement Analysis
Climate Policy Engagement Overview: ARC Resources has minimal engagement on climate policy and does not appear to have made any recent top-line comments on climate policy.
Top-line Messaging on Climate Policy: ARC Resources does not appear to have made any top-line messaging on climate policy.
Engagement with Climate-Related Regulations: ARC Resources has very limited engagement in climate change policy. In its ESG Report from September 2023, the company comments on carbon pricing, however, it is not clear what the company’s position is.
Positioning on Energy Transition: ARC Resources has limited engagement in energy transition, although it appears to have a negative position. On its corporate website, in a statement, the company suggests that LNG can resolve issues related to energy security, and favors fossil gas over zero-carbon options as a means of promoting the transition away from coal. In its 2022 ESG report, the company expresses support for transitioning away from coal to gas as opposed to zero-carbon alternatives. Additionally, in the same report, CEO Terry Anderson endorses the continuation of fossil gas.
Industry Association Governance: ARC Resources currently appears to only be a member of the Canadian Association of Petroleum Producers (CAPP) which has consistently opposed climate policy in Canada. The company was also a member of the Canadian Gas Association until 2021, although it currently no longer holds membership with it.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q1 2024.