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.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Boral's 2019 Industry Associations report states that Boral holds a national association membership of Ai Group. However, Boral's 2020 Industry Associations report and its 2021 and 2022 industry association disclosure does not mention Ai Group. InfluenceMap could find no evidence that Boral has terminated its membership with Ai Group, so it is unclear whether it is still a member (Boral website, up-to-date August 2022)
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Boral's 2019 Industry Associations report states that Boral holds a national association membership of Ai Group. However, Boral's 2020 Industry Associations report and its 2021 and 2022 industry association disclosure does not mention Ai Group. InfluenceMap could find no evidence that Boral has terminated its membership with Ai Group, so it is unclear whether it is still a member (Boral website, up-to-date August 2022)
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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: Boral appears to have mixed positions on climate change, with limited engagement in 2020-22. The company has communicated top-line support for climate action and the energy transition, but has not disclosed its positioning on specific climate-related policies since 2019.
Top-line Messaging on Climate Policy: Boral appears generally supportive of action on climate change in its top-line communications, albeit with limited engagement in 2021-22. In its 2020 Sustainability Report, published in September 2020, Boral supported the need to limit global temperature increases to “well below” 2°C and to pursue efforts to limit warming to 1.5°C, in line with the Paris Agreement. In the same report, Boral also advocated a national approach to climate and energy policy, although the company qualified this support for regulation by stating that it should not “unduly erode the competitiveness of domestic-based businesses”.
Engagement with Climate-Related Regulations: Boral appears to have limited transparent engagement on specific climate-related policies in recent years, with no evidence found since 2019. Boral has also failed to respond to CDP’s climate change information requests since 2018.
Positioning on Energy Transition: Boral does not appear to have a detailed position on the energy transition. However, in a May 2022 Australian Financial Review article, Boral CEO, Zlatko Todorcevski supported government intervention to move the energy sector away from fossil fuels and to “drive the uptake of low-carbon technologies”. The company also offered top-line support for the transition to a lower carbon economy in its 2020 Sustainability Report, published in September 2020.
Industry Association Governance: In its 2022 Sustainability Report, published in September 2022, Boral disclosed its membership to four industry associations, with limited further details. In 2020, Boral disclosed a more complete list of its memberships in a dedicated report found on its sustainability webpage, although this is now only accessible via the search function. In this report, Boral also stated that it has found no material inconsistencies with any of its industry associations on their positions on major energy and climate policy, although it has not published a detailed audit disclosure as of December 2022. The company is a member of the Australian Industry Group, which has engaged in obstructive lobbying on climate policy in Australia in the past, although with some recent improvements.
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 Q4 2022.