Climate Policy Engagement Analysis
Climate Policy Engagement Overview: InfluenceMap found limited evidence of direct engagement by Sanofi on climate-related policy, but has identified evidence of its membership to US-based industry associations that are strategically and negatively engaged on climate policy.
Top-line Messaging on Climate Policy: Sanofi’s top-line communications on climate change appear broadly positive, with some exceptions. In a November 2023 joint statement, Sanofi CEO Paul Hudson supported efforts towards more ambitious GHG emissions reductions. However, the company signed the Antwerp Declaration in February 2024, which did not fully support the need for government regulation to respond to climate change in the EU and emphasized concerns around competitiveness.
Engagement with Climate-Related Regulations: InfluenceMap found limited evidence of engagement with specific climate-related regulations. In March 2023, Sanofi signed a joint letter advocating for EU states to adopt a stringent EU zero-emissions 2035 CO2 target for cars and vans without an e-fuels loophole. Sanofi supported scaling up the circular economy without clarifying its position on legislation, in the Antwerp Declaration, published in February 2024.
Positioning on Energy Transition: Sanofi has limited positions on the energy transition, with the majority stemming from the Antwerp Declaration in February 2024. In the declaration the company advocated for more funding for 'clean' technology but provided no detail as to what this includes, supported scaling up low carbon, renewable and nuclear energy in the EU, and supported Carbon Capture and Utilization with unclear conditions.
Industry Association Governance: Sanofi disclosed its industry association memberships in its June 2024 Lobbying Report, but omitted 8 associations that are actively engaged on climate policy. The company's disclosure on its industry associations does not include any positions on climate policies. Sanofi has not published a review of its industry association memberships and climate policy engagement. The company retains members to several associations whose advocacy is misaligned, including the German Chemical Industry Association (VCI), the US Chamber of Commerce, and the National Association of Manufacturers (NAM).
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 Q4 2024.