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)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
US Country President of Novartis is on NAM board of directors
Thomas Kendris
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
US Country President of Novartis is on NAM board of directors
Thomas Kendris
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: Novartis appear to have limited disclosure on its position on climate change policies within its corporate website, only describing its positions in broad terms, without referencing specific policy items or describing engagement activities undertaken by the organization. However, they have identified legislations they have engaged with as well as their corporate position within their CDP report from 2020.
Top-line Messaging on Climate Policy: Novartis have communicated broad support for efforts towards increased GHG emissions reductions, as described in the ESG report published in 2020.
Engagement with Climate-Related Regulations: Novartis appears to be supporting all proposed reforms to the EU-ETS to increase the effectiveness of the scheme, as described in its CDP report from 2020. In the same CDP report, they also appear to advocate for support for renewable energy policy, although specifying market-mechanism solutions such as power purchase agreements. The RE-Source Declaration signed by Novartis in 2018 suggests support for renewable energy directive, however, declaration called for greater ability to source renewable energy through market mechanisms rather than through government legislation.
Positioning on Energy Transition: Novartis appear to support the electrification of transportation, as described in its 2021 ESG Update for Investors and Analysts published on its website. The RE-Source Declaration, signed by Novartis in 2019 suggests support for the transition of the energy mix.
Industry Association Governance: The US Country President of Novartis is on National Association of Manufacturers (NAM)’s board of directors. NAM has engaged negatively with various forms of US climate-related policy and regulation while strongly supporting the ongoing role of fossil fuels in the US economy. Novartis are also a direct member of the European Chemical Industry Council (CEFIC) and US Chamber of Commerce.