This briefing analyzes the 20 largest, US-based companies with InfluenceMap Organization Scores over 65, indicating broadly positive positioning towards climate change policy. Despite their apparent support for climate action, the majority of these companies are not publicly endorsing the Build Back Better Act.
A new briefing from UK based think tank InfluenceMap shows how the European Central Bank %2528ECB%2529 has embarked on its Pandemic Emergency Purchase Programme %2528PEPP%2529 bond buying progamme that has spent 50bn in the last three weeks.
In the wake of shareholder resolutions at Rio Tinto in both the UK and Australia over its links with climate-lobbying trade groups, new research from UK thinktank InfluenceMap identifies the 10 major global companies who maintain extensive networks of trade associations and lobbyists whose aggregate positions on climate are most misaligned with their own.
InfluenceMap's new research looked at the 50 most economically significant companies in Australia in relation to climate change and their potential to influence climate policy. The research found that none are strategically supporting Australian climate policy in line with the goals of the Paris Agreement. In contrast, nearly half of the companies assessed hold policy positions that are misaligned from the goals of the Paris Agreement. Full details are on InfluenceMap's interactive platform.
The polarized struggle among states for ambitious climate policy on shipping
The last few years has seen a significant reduction in the tax North Sea operators pay to extract oil and gas, to the point where the UK Treasury is now paying the sector £24m per year to operate. The industry has achieved this by a variety of influencing tactics aimed at multiple levels of the tax policy making process.
A year on from Paris, France comes top in the analysis of the G7 countries but there is significant misalignment among other members on their commitment to phase out fossil fuel subsidies by 2025.
How taxpayer's funding is being spent on diesel subsidies worth almost £260m
Despite the CA100+ initiative having clear expectations on Paris-aligned lobbying, only 2 of the 31 CA100+ target companies found to be engaging on the taxonomy appear to be supportive of its science-based guidance with 4 companies advocating mixed or unclear positions, leaving more than 80% pushing the Commission to weaken the criteria that define what can be considered sustainable.
Intensive lobbying throughout 2020 from real economy sectors has extracted significant concessions from the European Commission on its EU Sustainable Finance taxonomy.
The following briefing focuses on how Japanese industry associations lobbied the Taxonomy and considers how these lobbying positions contrast with those of some leading European financial institutions.
This report examines Japan's plans to expand coal both domestically and in Southeast Asia against global trends of accelerated renewable electricity capacity. It finds this strategy is misaligned with the strategic interests of Japan's technology-based industries.
The five Big Tech companies (Apple, Alphabet, Amazon, Facebook & Microsoft) account for more than 25% of the value of the S&P500 and 20% of its Q3 2020 profits.
This research finds that Australias most influential industry associations are having an overwhelmingly negative impact on climate policy, with 75% of the groups assessed taking positions against climate regulations while promoting a pro-fossil fuel agenda.
This analysis highlights a trend whereby companies and industry groups are engaging with investors and the media by focusing attention on top-line positive statements on climate while distracting stakeholders from the important details that conversely show patterns of opposition to science-based climate policy.
InfluenceMap's analysis of US auto industry lobbying shows an accelerated pattern of aggressive opposition to weaken climate-motivated policy since the election of President Donald Trump.
In the wake of the VW scandal, a group of investors with over $1 trillion worth of investor assets queried the largest automotive manufacturers on issues related to crucial greenhouse gas emissions standards in the US and the EU. This initiative was coordinated by UK non-profits ShareAction and InfluenceMap.
The following is a public report-back to investor signatories along with analysis and recommendations for future querying of the automotive sector to the wider investment community. Read the Financial Times coverage of this report.
New research from InfluenceMap shows the oil and gas sector to have dominated climate-related policy battles throughout COVID-19 crisis.
How the oil majors have spent $1Bn since Paris on narrative capture and lobbying on climate
European companies backing robust, science-based regulation on CO2 emissions under the EU Sustainable Finance Taxonomy are also performing better on stock markets when compared with their peers that are opposing the same policy, according to analysis of InfluenceMap's policy position scores and financial metrics from external databases.
This report finds the Big Six utility companies have undue influence on UK energy policy and regulation, hindering the clean energy transition and posing significant investor risk.
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