Reliance Industries

InfluenceMap Score
C-
Performance Band
58%
Organisation Score
58%
Relationship Score
Sector:
Energy
Head​quarters:
Mumbai, India
Brands and Associated Companies:
VIMAL, Reliance Retail Limited
Official Web Site:

Climate Lobbying Overview: Reliance Industries appears to have mixed engagement on climate policy, with limited engagement on specific regulations. The company’s top-line messaging is supportive of ambitious action on climate change, however, its engagement on the energy transition appears mixed, with positions supporting the continued role of fossil gas in the energy mix.

Top-line Messaging on Climate Policy: Reliance Industries’ engagement on climate change through its top-line communications appears to be broadly positive. In its 2020-21 Annual Report, published in May 2021, the company supported GHG emissions reductions to limit warming to 1.5°C in line with the IPCC recommendations. A communication from the corporate website, accessed in January 2022, appeared to support the Paris Agreement and the 1.5°C goal. In September 2020, the company’s Managing Director Mukesh Ambani recognized the science of climate change in a statement posted on Facebook. However, the company does not appear to have explicitly supported the need for government regulation to respond to climate change.

Engagement with Climate-Related Regulations: Reliance Industries appears to have limited transparent engagement with specific climate-related regulations, with no disclosures of direct engagement with policy. The company has also not responded to the CDP Climate Change Information Request in 2020 and 2021.

Positioning on Energy Transition: Reliance Industries appears to have mixed engagement on the energy transition, and considers fossil gas a transition fuel. At the company’s Annual General Meeting in June 2021, the company expressed broad support for the transition to renewable energy. In the 2020-21 Annual Report, published in May 2021, the company appeared to be supportive of a role for fossil gas in the energy mix as a transition fuel, without placing clear conditions on the need for CCS or methane emissions abatement measures. Reliance Industries also described fossil gas as “a cleaner fuel”, whilst advocating for a transitional role for the gas to green energy in its 2020-21 Annual Report. In a July 2020 statement on Facebook, the Managing Director Mukesh Ambani supported transitioning the energy mix to clean and affordable energy, yet appeared to suggest that fossil fuels and renewable energy are not “mutually exclusive or contradictory.”

Industry Association Governance: Reliance Industries has disclosed some of its industry association memberships in its 2020-21 Business Responsibility Report, yet its current disclosure lacks details on the positions of industry associations on climate policy, and how it attempts to influence these positions. The company has not published an audit of alignment with its industry associations on climate change. Reliance Industries retains memberships of associations that traditionally lobby negatively on climate policy, including the American Chemistry Council (ACC) and the European Chemical Industry Council (CEFIC).

Additional Note: Reliance Industries 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 Reliance Industries' climate policy engagement activities, these scores should be considered provisional at this time.

QUERIES
DATA SOURCES
NS2NANSNS1NS
22NSNSNS1NS
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-2NA-2NANANANS
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0NSNSNSNSNSNS
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02NSNS-212
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0NS-2NANANANS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
57%
 
57%
 
60%
 
60%

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.