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)
Senex Energy is one of more than one hundred members of the Australian Petroleum Production & Exploration Association.
not specified
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Senex Energy is one of more than one hundred members of the Australian Petroleum Production & Exploration Association.
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Senex Energy is one of more than one hundred members of the Queensland Resources Council.
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Senex Energy is one of more than one hundred members of the Queensland Resources Council.
not specified
--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.
Open PDF file of Data Source
Climate Lobbying Overview: Senex Energy (“Senex”) has moderate levels of engagement with climate policy and holds broadly negative positions. Senex also retains membership of industry associations which engage negatively with climate policies, including the Australian Petroleum Production & Exploration Association (APPEA).
Top-line Messaging on Climate Policy: Senex appears to support climate action in its top-line communications. The organization has consistently expressed support for limiting global temperature rises to well below 2°C, such as in its FY22 Half-Year Report, published in February 2022, and on the sustainability page of its corporate website (accessed February 2023). In an August 2021 position statement, the company also appeared to support the development of government regulation in response to climate change, through the “design of practical, sustainable climate regulation and policies”. However, Senex has not explicitly supported the Paris Agreement.
Engagement with Climate-Related Regulations: Senex appears to have limited transparent engagement with specific climate-related regulations, and did not respond to CDP from 2019-2022. In its 2021 Sustainability Report, published in November 2021, the entity acknowledged carbon pricing as a potential ‘impact’ of climate change regulation, but did not take a position on it.
Positioning on Energy Transition: Senex has been actively engaged on the energy transition throughout 2021-2023, disclosing strong support for the long-term use of fossil gas. On its ‘Climate Change’ webpage (accessed February 2023), Senex described fossil gas as being ‘integral’ to the global energy mix on the basis that it is ‘low-carbon’, without referencing the need for carbon capture and storage or methane abatement. In a May 2022 Australian Financial Review article, CEO of Senex Ian Davies was reported to have urged the incoming Australian government to support and encourage investment in the oil and gas sector. Similarly, in November 2022, Davies reportedly opposed regulatory intervention into the Australian gas industry, stating that putting pressure on the gas industry would risk an energy and food crisis. Furthermore, in comments responding to the Wallumbilla Gas Supply Hub Consultation by the Australian government in December 2021, Senex ‘fundamentally supported’ the prospective expansion of a gas market hub in Wallumbilla, Queensland.
Industry Association Governance: Senex disclosed its membership to a number of industry associations through its 2021 Sustainability Report, published November 2021, but failed to disclose any further details as to the type of membership or role held within these industry associations. The company has not published an audit of its industry association memberships and climate lobbying. Senex is a member of the Australian Petroleum Production & Exploration Association (APPEA) and the Queensland Resources Council (QRC), which are both actively and negatively engaged on climate policy.