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)
CEO of Saic Motor, Chen Hong, is one of the six members serving on the board of directors.
陈虹 Chen Hong
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Saic Motor, Chen Hong, is one of the six members serving on the board of directors.
陈虹 Chen Hong
--no extract--
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: SAIC Motor appears to have mixed engagement on climate change in 2020-22. SAIC Motor has stated support for emissions trading, carbon tax, and policies on emissions standards and fuel efficiency for vehicles in China. However, the company appears to have a mixed position regarding the energy mix, communicating support for green hydrogen but also hydrogen powered by fossil fuels.
Top-line Messaging on Climate Policy: As of September 2021, SAIC Motor has acknowledged the science of climate change on Weibo, a social media platform in China. It has stated support for China’s 2060 carbon neutrality target in its 2021 Social Responsibility Report, accessed in June 2022. This position is in line with IPCC’s science on the 2°C pathway. The company has also stated support for government policy on decarbonizing transport in a press release in October 2021.
Engagement with Climate-Related Regulations: SAIC Motor appears broadly supportive of climate-related policy in China. SAIC Motor stated support for emissions trading to tackle climate change in September 2021, according to a Weibo article. In a press release in March 2021, the company disclosed that, during the Two Sessions, the annual meeting of two major political bodies in China, it advocated for expanding the coverage of China’s national carbon market to include more emissions reduction projects, including renewable energy production and construction of hydrogen refuelling stations. As reported by Auto Home in September 2021, the CEO of SAIC Motor appeared to support carbon border tax, referencing its potential for positively impacting the competitiveness of automobile companies globally. In terms of emissions reduction policies, the CEO of the company advocated to policymakers to launch emission standards for the whole life cycle of automobile products during China’s Two Sessions in March 2022. In its 2021 Social Responsibility Report, accessed in June 2022, SAIC Motor supported China’s 2030 carbon peak target. In September 2020, the company stated support for China’s VI emissions standards for vehicles, as reported by QQ News.
Positioning on Energy Transition: SAIC Motor appears to have a mixed position on the energy transition. In a press release in September 2021, SAIC Motor stated support for replacing ICE-powered vehicles with “new energy” vehicles (i.e. electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles) to reduce emissions in transport. In a press release, the company disclosed that during the Two Session in March 2022 its CEO called for subsidies for new energy vehicles, policies to aid decarbonization of the automobile industry, and policy support for electric vehicles infrastructure . SAIC Motor appears to have been actively promoting hydrogen in its public messaging in 2020-21, with mixed positions on whether to produce hydrogen with renewables. For example, in September 2020, the company stated on Weibo that hydrogen is a “zero-carbon energy source” and should be widely applied in transportation, industry, and construction. During the Two Sessions in March 2021, SAIC Motor advocated for policymakers to establish a national hydrogen policy and to provide subsidies for fuel cell vehicles powered by green hydrogen. However, the company appeared to promote using hydrogen produced from fossil fuels in public transport for decarbonization in a 2022 July post on the social media platform Weibo. Additionally, in a January 2022 blog post, the company has also appeared supportive of using LNG to decarbonize shipping, without placing clear conditions in the deployment of CCUS.
Industry Association Governance: As of July 2022, SAIC Motor does not appear to have disclosed its membership of industry associations. However, evidence suggests that a subsidiary of SAIC Motor, MG Motor, is a member of the Society of Motor Manufacturers and Traders, which has engaged with climate policies with mixed positions regarding electric vehicles and ICE-powered vehicles in the UK in 2020-21.
Additional Note: SAIC is a listed company with more than 50% of its shares owned by the government of China. 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 SAIC's engagement intensity metric.
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.