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: Norilsk Nickel (Nornickel) appears to take mixed positions on climate change policy, with limited, transparent engagement. The company does not appear to have engaged with specific climate regulations, but is broadly supportive of climate action and the energy transition in its top-line messaging.
Top-line Messaging on Climate Change: The company’s top-line messaging on climate change appears generally positive, yet limited. In its 2020 Sustainability Report, published in April 2021, Nornickel supported the temperature goals of the Paris Agreement to limit global warming to 2°C and "pursue efforts" to limit to 1.5°C. On its corporate website, accessed in October 2021, Nornickel stated its support for technology-neutral and market-based climate policies, such as carbon pricing. However, the company’s position on other forms of climate-related regulation is unclear.
Engagement with Climate-Related Regulations: Nornickel does not appear to transparently engage with specific climate-related regulations. Nornickel responded to the 2021 CDP Climate Change Information request, but did not disclose its position on climate change policies.
Positioning on Energy Transition: Nornickel appears to have limited engagement with the energy transition beyond top-line statements. In its 2020 Sustainability Report, published in April 2021, Nornickel appeared to support a transition to a low carbon energy sector. Nornickel also appeared to support a transition to a “green economy” through a December 2020 press release on its corporate website.
Industry Association Governance: Nornickel has not disclosed a list of its memberships to industry associations on its corporate website, nor in its 2021 CDP disclosure. The company has not published a review of alignment with its industry associations. Nornickel is a member of Eurometaux and an indirect member of the International Federation of Industrial Energy Consumers (IFIEC), both of which are lobbying negatively on EU climate and energy policies.
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.
Additional Note: Nornickel is headquartered in Russia, 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 Nornickel's climate policy engagement activities, these scores should be considered provisional at this time.