Orica

InfluenceMap Score
D+
Performance Band
56%
Organisation Score
44%
Relationship Score
Sector:
Industrials
Head​quarters:
Melbourne, Australia
Brands and Associated Companies:
GroundProbe Pty Ltd., Nelson Brothers Mining Services, Minova Bohemia S.R.O.
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Orica broadly supports action on climate change but takes more negative positions on the Australian energy mix, albeit with limited engagement.

Top-line Messaging on Climate Policy: Orica appears to have broadly positive top-line communications on climate policy. In December 2021, Orica published a Climate Action Report in which it supported the global response to pursue efforts to limit temperature rise to 1.5° C, also supporting action “in line with the goals of the Paris Agreement.” In the report, Orica stated support for government frameworks and supportive regulation, but also emphasized the need to maintain companies’ global competitiveness and prevent carbon leakage.

Engagement with Climate-Related Regulations: Orica appears to have limited engagement with climate-related regulations. The company’s 2021 CDP Disclosure seemed to stress the risks of carbon leakage and the impacts on competitiveness from Alberta’s new emissions trading system, the Technology Innovation and Emissions Reduction System (TIER). In its 2021 Climate Action Report, the company suggested that the EU Carbon Border Adjustment Mechanism (CBAM) should be “non-discriminatory” while acknowledging that carbon border adjustments “could be ... an effective global climate policy.”

Positioning on Energy Transition: Orica does not appear fully supportive of the energy transition. In March 2021 the company reportedly praised a long term role for fossil gas in the energy mix in a Sydney Morning Herald article. Recently, the company made more positive statements on the energy transition as part of the Australian Climate Leaders Coalition, supporting updates to market rules to aid decarbonization, the deployment of electric vehicle recharging infrastructure, and a significant retirement of coal power by 2030, in a November 2021 joint statement signed by Orica’s CEO Sanjeev Gandhi. Furthermore, in May 2022 the CEO emphasized the importance of decarbonizing the power sector.

Industry Association Governance: Orica disclosed a list of its memberships to industry associations as part of its 2021 Climate Action Report. However, while it flagged that the company is “partially aligned” with some associations, including the World Coal Association, it provided no detail of areas of misalignment and did not disclose the industry associations’ climate change policy positions. An Orica executive sits on the board of the Energy Users Association of Australia, which appears to show limited support for action on climate change.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
49%
 
49%
 
27%
 
27%
 
29%
 
29%
 
36%
 
36%
 
63%
 
63%
 
75%
 
75%
 
38%
 
38%

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.