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.
Open PDF file of Data Source
Climate Lobbying Overview: Bendigo and Adelaide Bank (Bendigo Bank) is broadly supportive of action on climate change and the energy transition in its top-line communications, yet displays no transparent engagement on specific climate-related regulations and has not publicly disclosed its industry association memberships.
Top-line Messaging on Climate Policy: Bendigo Bank displays positive top-line messaging on climate action. The company communicated support for net-zero greenhouse gas emissions by 2050 in a January 2022 consultation submission and in its 2022 Annual Financial Report, published in September 2022. The company also issued support for the objectives of the Paris Agreement in its 2021 Annual Financial Report and 2021 Sustainability Report, both published in September 2021.
Engagement with Climate-Related Regulations: InfluenceMap has not been able to identify any direct engagement from Bendigo Bank on specific climate-related regulations between 2018-2023.
Positioning on Energy Transition: Bendigo Bank appears to assume a broadly positive position on the energy transition. In its 2021 Sustainability Report, the company issued support for the transition to a low carbon economy, and in its January 2022 Pre-Budget consultation submission it also advocated for support for “emerging industries and technology”, including green hydrogen, renewables and carbon capture. Notably, Bendigo Bank also appeared to communicate support for a transition to renewable energy in its July 2021 submission to the Inquiry into the Australian Local Power Agency Bill 2021. In its submission Bendigo Bank stated that it has “an appetite to partner with community, government and other key stakeholders to deliver successful and sustainable renewable energy projects”.
Industry Association Governance: InfluenceMap has not been able to find any transparent disclosures from Bendigo Bank on its industry association memberships, nor on related governance. Nevertheless, Bendigo Bank is a member of the Business Council of Australia, according to the association’s corporate webpage. The Business Council of Australia has engaged in obstructive lobbying on climate policy in Australia in the past, although with some recent improvements.