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.
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Climate Lobbying Overview: NTPC Limited has limited engagement on climate policy. However, NTPC appears to have mixed positions on the energy transition in India, with the company advocating for clean technologies such as green hydrogen and electric vehicles to decarbonize Indian economy, but also stating support for the continued role of coal.
Top-line Messaging on Climate Policy: NTPC’s top-line communications, although very limited, appear broadly supportive of climate policy. In a 2021 press release following the BRICS green hydrogen summit hosted by NTPC, the company supported a net-zero target, suggesting that CO2 emissions reduction will have a “worldwide positive impact”. However, it is unclear if this position is consistent with the IPCC recommended timelines. In its 2020-21 Annual Report, published in 2021, the company also supported India’s NDC submissions to the UNFCCC.
Engagement with Climate-Related Regulations: NTPC does not appear to transparently disclose its position on, or engagement with, specific climate policy on its corporate website. While the company has submitted its CDP Climate Change Information Request in 2021, it has not fully disclosed details of its engagement with climate policies. There is some evidence of NTPC's engagement with renewable energy legislation. For instance, in November 2021, NTPC tweeted in support of the Indian government's 2030 renewable energy targets.
Positioning on Energy Transition: NTPC has a mixture of positive and negative engagement on the energy transition. The company has stated support for coal power, for example in a June 2022 Live Mint Article, CMD Gurdeep Singh did not appear to support the phase down or phase out of coal power, advocating for the role of coal in the long-term. Despite this, NTPC appears to encourage the widespread adoption of green hydrogen in India. In its 2021 CDP Climate Change Information Request response, NTPC declared its support for green hydrogen and methanol production. In 2021, while addressing the BRICS Green Hydrogen Summit, NTPC CMD Gurdeep Singh, supported India’s transition to “a hydrogen economy” to reduce GHG emissions. Speaking at the same event, NTPC REL CEO Mohit Bhargava supported the need for green hydrogen to accelerate the energy transition, integration of renewable energy, and decarbonization of the energy system. NTPC also supports the electrification of transport sector. A June 2021 press release from the company recommended electric transport to reduce emissions.
Industry Association Governance: NTPC has disclosed its memberships to various industry associations through its 2020-21 Integrated Annual Report. However, the company did not provide details of its engagement with industry associations, nor has it published a detailed review of its alignment with its industry associations. NTPC is a member of Confederation of Indian Industry, which generally undertakes mixed to positive lobbying on climate policy in India.
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 Q1 2023.
Additional Note: NTPC is headquartered in India, 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 NTPC's climate policy engagement activities, these scores should be considered provisional at this time.
In addition, NTPC is a listed company with more than 50% of its shares owned by the government of India. 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 NTPC's engagement intensity metric.