Acciona

InfluenceMap Score
B
Performance Band
79%
Organisation Score
75%
Relationship Score
Sector:
Industrials
Head​quarters:
Alcobendas, Spain
Official Web Site:
Wikipedia:

Climate Lobbying Overview Acciona’s top-line messaging endorses ambitious climate change action at a global level. The company has engaged in positive lobbying within Europe, where it has advocated for transition to renewable energy. However, Acciona’s support for climate-related regulations remain unclear, as it often resorts to advocating for broad based solutions such as ‘private-public collaboration’ or ‘carbon pricing’ that lack detailed policy measures.

Top-line Messaging on Climate Policy: Acciona's top-line messaging appears to be supportive of climate policy. Acciona has stated support for the Paris Agreement and considers climate change as the “main challenge” for the planet’s future. The entity has frequently advocated for ambitious policies for decarbonization and to limit the global temperature rise to below 1.5 °C through broad policy and market interventions. In 2019, Acciona called on the EU to prioritize decarbonization strategies while in 2020, it supported the EU Green Deal and advocated for low carbon investments in the EU. In the same year, the company recommended the “ambitious” implementation of a recovery package that incorporates the Green Deal. From 2019 onwards, Acciona has voiced support for a global carbon pricing system to aid in decarbonization.

Engagement with Climate-Related Regulations: Acciona appears to be positively engaged with climate-related regulations. In 2019, Acciona lobbied the US federal government for extending investment tax credits for solar and clean energy sources to boost the US solar industry. In 2020, Acciona supported the Spanish government’s proposals for the Climate Change Energy Law that focused on emissions reductions, removal of fossil fuel subsidies, adoption of renewable energy, and implementing energy efficiency across the Spanish economy.

In the EU, the company supported the revision of the EU Emissions Trading System in a November 2021 EU consultation, stating that it is in favor of fewer free allowances and the usage of the market stability reserve to cap excessive carbon price volatility. Acciona supported the revision of the EU Renewable Energy Directive in another November 2021 consultation, however it also advocated for existing bioenergy plants to be exempted from the directive’s proposed stricter bioenergy sustainability criteria. Acciona has demonstrated an active interest in advocating for GHG emissions reduction targets to achieve climate neutrality in Europe. A 2020 open letter to the EU leaders advocated support for the EU’s increased GHG emissions reduction target of 55% by 2030. Engaging with policies at a global level, Acciona supported policies for phasing out fossil fuels through the International Renewable Energy Agency Coalition for Action in 2020. In 2021, Acciona voiced support for government policies to establish “market-based meaningful and broadly accepted” carbon pricing mechanisms for “a connected carbon market.”

Positioning on Energy Transition Acciona stated in 2021 on its website that it considers the energy transition to have “very positive economic consequences” on the global economy and has endorsed widespread adoption of renewable energy to combat climate change. Between 2018-21, Acciona emphasized the benefits of the widespread use of clean energy sources such as renewable hydrogen, solar, and wind. In its 2020 CDP response, it called for the incorporation of measures to remove fossil fuel subsidies through the Climate Change and Energy Law proposed by the Spanish government. In March 2021, Acciona positively lobbied the EU commission by offering its “strongest support” for the EU Taxonomy while also advocating for the uptake of green hydrogen for decarbonization and a “green recovery” of the European economy. Acciona also lobbied in favor of the EU Energy Taxation Directive revision in November 2021, supporting linking taxation to the energy content and environmental performance of energy products.

Industry Association Governance: Acciona has publicly disclosed its membership to industry associations in their website. The company has not stated if it is aligned with the industry associations’ climate change policy positions, and has not disclosed details of their activities or policies they engage with through them. However, the company holds memberships in industry associations that traditionally undertake positive lobbying for the transition from fossil fuels to renewable energy sources, such as Clean Energy Council (Australia), WindEurope, and Solar Energy Industries Association.

QUERIES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
85%
 
85%
 
93%
 
93%
 
57%
 
57%
 
87%
 
87%
 
48%
 
48%

How to Read our Relationship Score Map

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.