Anglo American

InfluenceMap Score
for Climate Policy Engagement
D+
Performance Band
47%
Organization Score
57%
Relationship Score
Sector:
Metals & Mining
Head​quarters:
London, United Kingdom
Brands and Associated Companies:
De Beers
Official Web Site:

Climate Lobbying Overview: Anglo American has expressed top-line support for climate action and the energy transition in 2021, and appears supportive of the integration of green hydrogen into the energy mix in 2022. However, the company also appears to support a sustained role for fossil gas in the energy mix, and has opposed some reforms to the Australian Safeguard Mechanism in 2022.

Top-line Messaging on Climate Policy: Anglo American appears supportive of climate action in its top-line messaging, however its transparent engagement on climate policy has been limited in 2022. In a document titled ‘Anglo American and the EU Hydrogen Economy’, found via FOI of a meeting with EU Commissioner Kadri Simson in June 2022, Anglo American supported the EU Fit for 55 package and its 2030 emissions target. In its 2022 Climate Change Report, published in February 2023, Anglo American supported greenhouse gas emissions reductions in line with the Paris Agreement’s 1.5°C target, and generally supported the goals of the Agreement. In the same report, the company supported government policy to make sure carbon is priced into economy, while also supporting the use of market-based mechanisms to incentives investment into low emissions technologies.

Engagement with Climate-Related Regulations: Anglo American appears to have limited transparent engagement on specific climate-related policies in 2021-22. The company did engage on Australian reforms to the Safeguard Mechanism in a September 2022 consultation response, wherein it supported some of the policies provisions but was unsupportive of others. For example, the company supported the removal of aggregate headroom and the use of high-standard international credits, but also supported financial assistance for both emissions-intensive, trade-exposed industries (EITE) and industries outside of EITE sectors.

On EU climate policy, in a June 2022 document from a meeting with EU Commissioner Kadri Simson, Anglo American supported proposed EU carbon dioxide emissions standards for cars and vans, but was unsupportive of the full phase-out of internal combustion engine vehicles. In the same document, the company advocated in favor of sub-targets for renewable hydrogen and hydrogen-based synthetic fuels in transport and industry under the EU Renewable Energy Directive, but expressed unclear positions on strict rules for renewable hydrogen production.

Positioning on Energy Transition: Anglo American does not appear to support a transition away from fossil fuels in line with IPCC guidance, however the company has increasingly supported the integration of green hydrogen into the energy mix. In its 2022 Climate Change report, published February 2023, Anglo American supported the use of liquified natural gas in marine transport, without placing clear conditions on carbon capture and storage or methane abatement.
In contrast, in a February 2022 BusinessLive article Anglo American supported the development of green hydrogen in South Africa. In a June 2022 document from a meeting with EU Commissioner Kadri Simson, Anglo American supported the EU Hydrogen Strategy, and supported more provisions for hydrogen fueling stations under the EU Alternative Fuel Infrastructure Regulation (AFIR). However, while the company appeared to support decarbonizing hydrogen production and supported decarbonizing the transport sector using hydrogen-powered fuel cell electric vehicles, Anglo American called for a technology neutral approach to decarbonizing transport and did not support a full phase-out of internal combustion engine vehicles.

Industry Association Governance: Anglo American discloses its industry association memberships and has published two reviews of the company’s alignment with their positions on climate change, in 2019 and 2021. In its 2021 review, the company does not appear to identify any cases of misalignment, although outlined its engagement with the Queensland Resources Council which has engaged negatively on climate policy in Australia. Anglo American also retains memberships to more industry associations lobbying counter to the goals of the Paris Agreement, including the Minerals Council of Australia, and Eurometaux. It is unclear if Anglo American is still a member of the World Coal Association (WCA). Despite disclosing membership to the association in its 2021 review, the company does not appear on WCA’s membership list as of March 2023.

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 Q2 2023.

A detailed assessment of the company's corporate review on climate policy engagement can be found on InfluenceMap's CA100+ Investor Hub here.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
40%
 
40%
 
55%
 
55%
 
49%
 
49%
 
78%
 
78%
 
69%
 
69%
 
49%
 
49%
 
67%
 
67%
 
66%
 
66%
 
50%
 
50%
 
67%
 
67%
 
42%
 
42%
 
73%
 
73%
 
68%
 
68%
 
79%
 
79%
 
40%
 
40%

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.