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: Hon Hai Precision Industry (trading as Foxconn Technology Group) is a main supplier for various technology companies. The company appears to have more communication on climate change in 2022, compared to previous years, with a positive top-line position on the Paris Agreement and global climate targets as well as electrification of public transport. However, Foxconn appears to have limited transparency on its engagement with other types of climate policy.
Top-line Messaging on Climate Policy: Foxconn appears to have a positive top-line position on climate policy. In an interview with CSR@Global in August 2022, an online media outlet in Taiwan which specializes in corporate social responsibility reporting, Foxconn acknowledged the connection between GHG emissions and climate change. In its 2021 Sustainability Report, published in August 2022, Foxconn backed the Paris Agreement and the target of limiting global warming to less than 1.5C.
Engagement with Climate-Related Regulations: Foxconn appears to have limited transparency on its engagement with climate policy. In its 2021 CDP disclosure, the company only stated its position on one piece of legislation regarding the code of conduct with suppliers on greenhouse gas inventories. InfluenceMap has not found evidence of Foxconn’s engagement with other climate policy areas.
Positioning on Energy Transition: Foxconn appears to have a positive, despite limited, engagement with the energy transition. In its 2021 Sustainability Report, published in August 2022, the company supported the transition to full electric bus fleets by 2030 in Taiwan. In the same 2021 Sustainability Report, the company disclosed that it engaged with governments on industry standards setting for green manufacturing in China, however, without providing details on the standards it has proposed.
Industry Association Governance: Foxconn discloses a list of global industry associations to which it belongs, none of which are assessed by InfluenceMap. The company has not published a formal review of its alignment with industry associations on climate policy.
Additional Note: Foxconn is headquartered in Taiwan, where InfluenceMap’s LobbyMap platform can currently only make a provisional assessment of corporate climate policy engagement, due to limited capability to access publicly available data on this issue. As it is possible that InfluenceMap is not yet able to fully capture evidence of Foxconn's climate policy engagement activities, these scores should be considered provisional at this time.
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.