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.
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.
Climate Lobbying Overview: Anhui Conch Cement appears to have limited transparent engagement with climate and energy policies. The company has stated top-line support for government policy, including emissions trading, energy efficiency standards, and emissions reduction targets. The company has communicated a mixed position on energy transition.
Top-line Messaging on Climate Policy: Anhui Conch Cement appears to have very limited top-line communication on climate policy. In its 2020 Corporate Social Responsibility Report, released in March 2021, Anhui Conch Cement appeared supportive of the Chinese government’s target of achieving carbon peak by 2030 and carbon neutrality by 2060. However, the company has not explicitly supported the Paris Agreement, or emissions reduction pathways in line with IPCC science.
Engagement with Climate-Related Regulations: Anhui Conch Cement appears to have limited and mixed engagement with specific climate-related policies on its corporate website. The company also did not respond to CDP’s Climate Change Information Request in 2021. As reported by Digital Cement in May 2021, the company stated support for emissions trading in the cement industry to incentivize emissions reduction. In a March 2022, CEO of Conch Group and Conch Cement, Wang Cheng called for stepping up energy efficiency standards for building materials in China. In terms of emissions reduction, in a speech at an industry conference in April 2021, reported by Digital Cement, the CEO of Conch Group and Conch Cement communicated positively on China’s target of reducing carbon emissions by 65% per unit of GDP by 2030 compared to 2005 level. However, in an interview with the Paper in July 2021, Conch Cement suggested removing the cement industry from the category of ‘high energy consuming, high polluting’ industries, which will have negative climate change implications as industries in the category are subject to more stringent climate regulations.
Positioning on Energy Transition: Anhui Conch Cement has communicated a mixed position on energy transition. In a speech at an industry conference reported by Digital Cement in April 2021, the CEO of Conch Cement stated support for China’s target of increasing the share of non-fossil fuel to 25% in the primary energy consumption by 2030. However, as reported by China Cement in March 2022, the company called for government subsidies to support cement enterprises to transition from coal to natural gas, without placing clear conditions on the deployment of CCS or methane abatement measures.
Industry Association Governance: As of August 2022, Anhui Conch Cement does not appear to have disclosed its membership of industry associations in its corporate reporting and has not responded to CDP’s climate change surveys. The company does not appear to have memberships to any industry associations in InfluenceMap’s database.
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 Q3 2022.