Eskom Holdings Soc Limited

InfluenceMap Score
for Climate Policy Engagement
C
Performance Band
60%
Organization Score
73%
Relationship Score
Sector:
Utilities
Head​quarters:
Sunninghill, South Africa
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Eskom Holdings (Eskom) has communicated broadly positive positions on climate policy, but has also remained supportive of the continued role of coal and fossil gas in the energy mix. In 2021-2022, however, Eskom appears to have shifted this position, becoming more supportive of a transition from coal to renewable energy in South Africa's energy mix.

Top-line Messaging on Climate Policy: Eskom appears to have broadly positive top-line messaging on climate change. In a September 2021 tweet, the company acknowledged the need to take immediate action to reduce global emissions in line with the IPCC. In its Sustainability report 2022, published in December 2022, Eskom also supported emissions reductions in line with net-zero by 2050. Eskom’s Chairman, Professor Malegapuru Makgoba, stated in the company’s 2021 Integrated Report that “South Africa is a proud signatory to the Paris Agreement”, and that Eskom fully supports the country’s climate commitments.

Engagement with Climate-Related Regulations: Eskom appears to have some mixed engagement with climate-related regulations. In a September 2022 submissions to a public hearing on the South African Climate Change Bill, Eskom stated that penalties for entities that do not comply with carbon budgets will lead to inappropriate criminal sanctions, and suggested that this is replaced with a carbon tax on entities that exceed their budgets. This would weaken the consequence for emitters that exceed their carbon budget under the Bill. In contrast, in a May 2022 ESI Africa report CEO Andre de Rutyer appeared to support bid window six of South Africa's Renewable Energy Independent Power Producers Procurement Programme (REIPPPP), stating that procuring more renewable energy will remove pressure from Eskom's coal fleet.

The company stated in its 2021 CDP response that it supported carbon tax with minor exceptions. Eskom also supported the introduction of a carbon tax in South Africa in its 2019 integrated report. Nevertheless, in 2019 Reuters reported that the postponement of the tax’s introduction was due to Eskom’s concerns surrounding prices and profitability.

Positioning on Energy Transition: Eskom appears to have a mixed position on the energy transition. In a June 2022 fin24 article, Eskom CEO Andre de Rutyer appeared to support the role of fossil gas in the South African energy mix, without placing conditions on the deployment of carbon capture and storage. In an October 2022 Engineering News article, De Rutyer also supported a transition to renewables, but stated that the transition is not a binary debate from coal to renewables, and that coal continues to play a role in the South African energy mix.

However, Eskom’s positioning on coal has improved overall since South Africa’s November 2021 announcement at COP26 that it had agreed a £6.2 billion deal to end its reliance on coal. Eskom appeared to promote steep reductions for the role of coal in South Africa in line with IPCC guidance, and supported a transition to renewables, in its December 2022 Sustainability report. Additionally, in a July 2022 ESI Africa article, Eskom supported South Africa’s ‘energy action plan’ and its provisions for the energy system, which includes lifting the 100MW cap on self-embedded generation, allowing for more private-sector procurement of renewable energy.

Industry Association Governance: In its 2019 Integrated report, Eskom publicly disclosed a list of some of its industry association memberships. However, it does not comment on their climate-related lobbying activities, nor has it published a full audit disclosure of its links to trade associations. The company did not publicly disclose any industry association memberships in its 2022 integrated report or its 2021 CDP response.

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.

Additional Note: Eskom is a listed company with more than 50% of its shares owned by the government of South Africa. State-owned enterprises likely retain channels of direct and private engagement with government officials that InfluenceMap is unable to assess, and therefore are not represented in Eskom's engagement intensity metric.

QUERIES
DATA SOURCES
11NANSNS2NS
11NSNSNS2NS
0NSNSNSNSNSNS
01NSNSNS1NS
0NA0NANANANS
0NS01-1NSNS
NSNS0NSNSNSNS
NSNSNSNSNSNSNS
221NSNS2NS
00NSNS00NS
2NS0-1NSNSNS
-2NS-2NANANANS
NSNSNSNSNSNSNS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
78%
 
78%
 
61%
 
61%
 
70%
 
70%
 
83%
 
83%

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.