763245.svg

The CA100+ Target Companies: Scoring and Analysis of Climate Lobbying


Go to CA100+ Company Rankings

Go to Industry Association Disclosure Analysis

Background

10%

of CA100+ companies have fully aligned their direct climate lobbying practices with the Paris Agreement

91%

of CA100+ companies have at least one membership to an industry association with climate lobbying practices misaligned with the Paris Agreement

28 of 166

CA100+ companies have published a review of industry association alignment on climate policy

InfluenceMap maintains the world’s leading database of corporate lobbying on climate policy, covering around 300 companies and 150 industry associations globally. We provide data and analysis to the Climate Action 100+ (CA100+) initiative, made up of more than 600 investors, responsible for over $55 trillion in assets under management. An overview of our scoring system can be found here, with our full methodology here.

The CA100+'s Net Zero Company Benchmark includes high-level indicators determining, for example, whether companies have commitments to ensure their lobbying practices are in line with the goals of the Paris Agreement, including indirect lobbying via industry associations.

InfluenceMap’s system provides additional, in-depth analysis, supplementing the CA100+’s Net-Zero Company benchmark with ongoing insight on real-world and material improvements in Paris-aligned corporate and industry association climate lobbying. InfluenceMap's database currently covers 134 of the 166 CA100+ target companies, accessible on the slide below, with the remaining assessments to be finalized later in 2021. A ranking table of the key industry associations with 3 or more CA100+ corporate members can also be found on the slide below.

A central ask of CA100+ focus companies from the investor community has been to audit and publish reviews of their industry associations’ climate change lobbying and alignment. InfluenceMap is assessing these reviews as part of an ongoing process to feed into active investor engagements. Up-to-date assessments of all CA100+ companies that have so far produced reviews can be found further down this page.

CA100+ Company and Industry Association Rankings

The table below contains a ranking of all the CA100+ target companies covered by InfluenceMap, with companies yet to be assessed under InfluenceMap’s system marked as “not yet finalized”. A ranking table of the key industry associations with 3 or more CA100+ members is also available by clicking the "Industry Associations" tab below. A summary profile and full access to the data underlying the assessments can be accessed via the links in the rankings tables. An overview of our scoring system can be found here, with our full methodology here.

Modifications to InfluenceMap ScoringBack To Home
InfluenceMap Performance BandOrganization
E
Berkshire HathawayIndustrialsNorth America
D-
ExxonMobilEnergyNorth America
D+
General ElectricIndustrialsNorth America
C-
Royal Dutch ShellEnergyEurope
D-
Toyota MotorAutomobilesAsia
D+
BPEnergyEurope
E+
ChevronEnergyNorth America
C-
VolkswagenAutomobilesEurope
C+
Walmart StoresRetailingNorth America
C-
TotalEnergiesEnergyEurope
D
DaimlerAutomobilesEurope
B-
NestléConsumer StaplesEurope
C-
EniEnergyEurope
D+
Procter & GambleConsumer StaplesNorth America
D
BHPMetals & MiningOceania
D
Ford MotorAutomobilesNorth America
D
BMW GroupAutomobilesEurope
B
EDFUtilitiesEurope
C+
SiemensIndustrialsEurope
D+
General MotorsAutomobilesNorth America
D+
Honda MotorAutomobilesAsia
B
EnelUtilitiesEurope
D
BASFChemicalsEurope
C+
Coca-ColaConsumer StaplesNorth America
D-
LukoilEnergyEurope
D-
BoeingIndustrialsNorth America
C-
Raytheon Technologies Corporation (formerly United Technologies)IndustrialsNorth America
C+
PepsiCoConsumer StaplesNorth America
D-
Rio Tinto GroupMetals & MiningEurope
B
UnileverConsumer StaplesEurope
D+
NissanAutomobilesAsia
B
E.ONUtilitiesEurope
D
BayerHealthcareEurope
E-
CaterpillarIndustrialsNorth America
D-
Dow ChemicalChemicalsNorth America
D
Airbus GroupIndustrialsEurope
B
IberdrolaUtilitiesEurope
not yet finalizedReliance IndustriesEnergyAsia
D+
HitachiTelecommunicationsAsia
n/a
FoxconnInformation TechnologyAsia
E-
Phillips 66EnergyNorth America
C+
Moller Maersk (Maersk)TransportationEurope
D+
Suncor EnergyEnergyNorth America
E+
Occidental PetroleumEnergyNorth America
D
Duke EnergyUtilitiesNorth America
E+
Delta Air LinesTransportationNorth America
C+
National GridUtilitiesEurope
C+
PTT Global ChemicalsChemicalsAsia
D
Toray Industries Inc.ChemicalsAsia
D-
Incitec PivotChemicalsOceania
D
LyondellBasell IndustriesChemicalsEurope
D
Air LiquideChemicalsEurope
C-
HolcimConstruction MaterialsEurope
E
Valero EnergyEnergyNorth America
C-
RWEUtilitiesEurope
D-
ConocoPhillipsEnergyNorth America
D
American Electric PowerUtilitiesNorth America
D
ArcelorMittalMetals & MiningEurope
D-
Canadian Natural Resources Ltd (CNRL)EnergyNorth America
B
DanoneConsumer StaplesEurope
D
Dominion EnergyUtilitiesNorth America
D
EnbridgeEnergyNorth America
B-
ExelonUtilitiesNorth America
C-
Naturgy (Gas Natural Fenosa)UtilitiesEurope
C+
EngieUtilitiesEurope
E+
Glencore InternationalMetals & MiningEurope
D+
Lockheed MartinIndustrialsNorth America
C-
NextEra EnergyUtilitiesNorth America
D-
Nippon Steel CorporationMetals & MiningAsia
D
PoscoMetals & MiningAsia
D
PPL CorporationUtilitiesNorth America
D
RenaultAutomobilesEurope
D+
RepsolEnergyEurope
C
Saint-GobainConstruction MaterialsEurope
C-
SasolChemicalsAfrica
D-
Southern CompanyUtilitiesNorth America
not yet finalizedValeMetals & MiningSouth America
E
Imperial Oil LimitedEnergyNorth America
D
TC EnergyEnergyNorth America
E-
Marathon PetroleumEnergyNorth America
C
AGL AustraliaUtilitiesOceania
C-
Origin EnergyEnergyOceania
D+
Oil SearchEnergyOceania
D-
SantosEnergyOceania
C-
Teck Resources LimitedMetals & MiningNorth America
D-
Anglo AmericanMetals & MiningEurope
not yet finalizedVedanta ResourcesMetals & MiningEurope
D-
WoodsideEnergyOceania
C-
Equinor (formerly Statoil)EnergyEurope
E+
SuzukiAutomobilesAsia
not yet finalizedGrupo ArgosConstruction MaterialsSouth America
not yet finalizedCemexConstruction MaterialsNorth America
D+
CRHConstruction MaterialsEurope
D
HeidelbergCementConstruction MaterialsEurope
not yet finalizedUltraTech CementConstruction MaterialsAsia
D+
thyssenkruppMetals & MiningEurope
not yet finalizedChina SteelMetals & MiningAsia
D+
SSABMetals & MiningEurope
not yet finalizedPetrobrasEnergySouth America
D+
Korea Electric Power Corporation (KEPCO)UtilitiesAsia
D+
XCEL EnergyUtilitiesNorth America
C
CentricaUtilitiesEurope
C+
FortumUtilitiesEurope
B
SSEUtilitiesEurope
C-
CEZUtilitiesEurope
C-
Volvo GroupAutomobilesEurope
not yet finalizedRosneftEnergyEurope
D
South32Metals & MiningOceania
not yet finalizedSaudi AramcoEnergyAsia
E+
Air France-KLMTransportationEurope
not yet finalizedAnhui Conch CementConstruction MaterialsAsia
not yet finalizedChina Petroleum & Chemical Corporation (Sinopec)EnergyAsia
not yet finalizedChina Shenhua EnergyMetals & MiningAsia
not yet finalizedCNOOCEnergyAsia
not yet finalizedCoal IndiaMetals & MiningAsia
C
CumminsIndustrialsNorth America
not yet finalizedEcopetrolEnergySouth America
not yet finalizedFormosa PetrochemicalEnergyAsia
B-
Trane Technologies (formerly Ingersoll-Rand)IndustrialsNorth America
D
International Paper CompanyPaper & Forest ProductsNorth America
B-
PhilipsInformation TechnologyEurope
E+
Martin Marietta MaterialsConstruction MaterialsNorth America
not yet finalizedNornickel (MMC Norilsk Nickel)Metals & MiningEurope
not yet finalizedNTPC LtdUtilitiesAsia
not yet finalizedOil and Natural Gas Corporation (ONGC)EnergyAsia
D
OMVEnergyEurope
C-
PACCARAutomobilesNorth America
not yet finalizedPetroChina Company LimitedEnergyAsia
E+
GazpromEnergyEurope
C-
Rolls-RoyceIndustrialsEurope
not yet finalizedSaic MotorAutomobilesAsia
not yet finalizedSeverstalMetals & MiningEurope
C-
SK Innovation CoEnergyAsia
D
PGE GroupUtilitiesEurope
C-
PanasonicInformation TechnologyAsia
C
Daikin IndustriesIndustrialsAsia
D-
ENEOS Holdings (formerly JX Holdings Inc)EnergyAsia
D
NRG EnergyUtilitiesNorth America
B-
Colgate-PalmoliveConsumer StaplesNorth America
E
Devon EnergyEnergyNorth America
E+
Kinder MorganEnergyNorth America
C-
UniperEnergyEurope
D+
Boral LimitedConstruction MaterialsOceania
D-
FirstEnergy CorpUtilitiesNorth America
D
WEC Energy Group IncUtilitiesNorth America
C-
Woolworths LtdConsumer StaplesOceania
C-
Bluescope SteelMetals & MiningOceania
D+
Qantas AirwaysTransportationOceania
D+
Adbri (Adelaide Brighton)Construction MaterialsOceania
D-
Orica LtdIndustrialsOceania
C-
The AES CorporationUtilitiesNorth America
D+
American Airlines GroupTransportationNorth America
not yet finalizedAntam (Aneka Tambang)Metals & MiningAsia
not yet finalizedBumi ResourcesMetals & MiningAsia
n/a
Bunge LimitedConsumer StaplesNorth America
not yet finalizedDangote Cement PlcConstruction MaterialsAfrica
C+
Eskom Holdings Soc LimitedUtilitiesAfrica
not yet finalizedSuzano S.A. (formerly Fibria Celulose S.A.)Paper & Forest ProductsSouth America
not yet finalizedPower Assets Holdings LimitedUtilitiesAsia
D-
United AirlinesTransportationNorth America
not yet finalizedUnited TractorsIndustrialsAsia
D+
Weyerhaeuser CompanyPaper & Forest ProductsNorth America
not yet finalizedPemex (Petróleos Mexicanos)EnergyNorth America
not yet finalizedGrupo MexicoMetals & MiningNorth America
D+
Vistra CorpUtilitiesNorth America
D
StellantisAutomobilesEurope
D-
BusinessEuropeAll SectorsEurope
C-
European Chemical Industry Council (Cefic)ChemicalsEurope
C-
European Round Table for Industry (ERT)All SectorsEurope
D
European Automobile Manufacturers Association (ACEA)AutomobilesEurope
D-
International Federation of Industrial Energy Consumers (IFIEC)All SectorsEurope
D-
Federation of German Industries (BDI)All SectorsEurope
B
EurelectricUtilitiesEurope
D+
International Association of Oil and Gas Producers (IOGP)EnergyEurope
D
FuelsEuropeEnergyEurope
B-
Confederation of British Industry (CBI)All SectorsEurope
E-
US Chamber of CommerceAll SectorsNorth America
E-
National Association of Manufacturers (NAM)All SectorsNorth America
F
American Petroleum Institute (API)EnergyNorth America
E+
International Air Transport Association (IATA)TransportationNorth America
D+
Business RoundtableAll SectorsNorth America
D
Japan Business Federation (Keidanren)All SectorsAsia
D+
Business Council of AustraliaAll SectorsOceania
D
Mouvement des Entreprises de France (MEDEF)All SectorsEurope
D+
Edison Electric InstituteUtilitiesNorth America
E+
German Association of the Automotive Industry (VDA)AutomobilesEurope
D-
Verband der Chemischen Industrie (VCI)ChemicalsEurope
D-
Natural Gas Supply Association (NGSA)EnergyNorth America
C
EurogasEnergyEurope
E+
Canadian Association of Petroleum Producers (CAPP)EnergyNorth America
E+
Australian Petroleum Production & Exploration Association (APPEA)EnergyOceania
D-
Minerals Council of Australia (MCA)Metals & MiningOceania
E-
World Coal Association (WCA)Metals & MiningEurope
D
EurometauxMetals & MiningEurope
E+
Society of Indian Automobile Manufacturers (SIAM)AutomobilesAsia
D+
CEMBUREAUConstruction MaterialsEurope
D+
Eurofer (European Steel Association)Metals & MiningEurope
C
World Steel AssociationMetals & MiningGlobal
E-
Consumer Energy AllianceEnergyNorth America
A-
WindEuropeEnergyEurope
C
Australian Industry Group (Ai Group)All SectorsOceania
C
Business Unity South Africa (BUSA)All SectorsAfrica
D
Confederación Española de Organizaciones Empresariales (CEOE)All SectorsEurope
F
California Chamber of Commerce (CalChamber)All SectorsNorth America
D+
The Minerals Council South AfricaMaterialsAfrica
D
Society of Motor Manufacturers and Traders (SMMT)AutomobilesEurope
E+
European Community Shipowners' Associations (ECSA)TransportationEurope
E-
NSW Minerals CouncilMaterialsOceania
C
Industry Task Team on Climate ChangeAll SectorsAfrica
E
Airlines for America (A4A)TransportationNorth America
C
Gas Infrastructure Europe (GIE)Energy
E
American Gas AssociationEnergy
C
Australian Energy CouncilEnergyOceania
A-
Clean Energy CouncilEnergyOceania
D
Energy Users Association of AustraliaEnergyOceania
D
Australian Industry Greenhouse NetworkEnergyOceania
A-
Energy Efficiency CouncilEnergyOceania
D+
Australian Pipelines and Gas AssociationEnergyOceania
E
Australian Institute of PetroleumEnergyOceania
B
Carbon Market InstituteAll SectorsOceania
D
South Australian Chamber of Mines and EnergyMaterialsOceania
D
Airlines For Europe (A4E)TransportationEurope
B+
SmartENEnergy
C+
GasNaturallyEnergy
C-
VNO-NCWAll SectorsEU
A
Corporate Leaders Group (CLG)All SectorsEurope
A-
Australian Hydrogen CouncilEnergy
D-
South African Petroleum Industry Association (SAPIA)South Africa

Overview of CA100+ Company Climate Lobbying

Only 10% of CA100+ companies analyzed by InfluenceMap have clearly aligned their direct climate lobbying practices with the Paris Agreement, including European utilities such as Iberdrola and SSE, and progressive consumer goods companies such as Unilever and Nestlé.

45% of CA100+ companies analyzed by InfluenceMap (or 58 of them) exhibit lobbying practices misaligned with the goals of the Paris Agreement. Of this misaligned total, 20 are from the energy (oil/gas) sector with the remainder operating in other heavy-emitting sectors including automotive, chemicals, cement, mining, steel, and utilities.

% of CA100+ target companies and lobbying alignment with the Paris Agreement

763276.svg

Breakdown of CA100+ Sectors by Paris-Alignment of Corporate Lobbying Practices

Strongly Misaligned

Misaligned

Partially Aligned

Broadly Aligned

763295.svg
763297.svg
763299.svg
763301.svg

CA100+ Company Memberships to Misaligned Industry Associations

InfluenceMap's system also covers around 150 industry associations and tracks the relationships between these groups and their corporate members.

91% of CA100+ companies currently assessed by InfluenceMap hold memberships to at least one industry association with climate lobbying practices misaligned with the Paris Agreement (ranked as a D or below under InfluenceMap's system)

55% of CA100+ companies currently assessed by InfluenceMap hold memberships to at least one industry association with climate lobbying practices strongly misaligned with the Paris Agreement (ranked as an F under InfluenceMap's system)

763310.svg
763312.svg

CA100+ Companies with the Largest Networks of Industry Associations Opposing Climate Policy

The CA100+ companies listed below maintain the largest networks of industry associations misaligned in their lobbying practices from the Paris Agreement and will likely face enhanced investor scrutiny on this issue.

Companies by number of memberships to industry associations with misaligned climate lobbying practices (ranked as a D or below by InfluenceMap's system)

Companies by number of memberships to industry associations with strongly misaligned climate lobbying practices (ranked as an F by InfluenceMap's system)

Company Sector Number of memberships
Royal Dutch Shell Energy 27
ExxonMobil Energy 25
BP Energy 24
Chevron Energy 23
Siemens Industrials 20
Total Energy 17
Rio Tinto Materials 16
Equinor Energy 16
Dow Chemical Chemicals 15
ConocoPhillips Energy 14
BHP Materials 14
General Electric Industrials 14
Company Sector Number of memberships
Caterpillar Industrials 8
Royal Dutch Shell Energy 6
Chevron Energy 6
Siemens Industrials 6
General Electric Industrials 5
ConocoPhillips Energy 5
ExxonMobil Energy 4
BP Energy 4
Phillips 66 Energy 4
Marathon Petroleum Energy 4
BHP Materials 4
Berkshire Hathaway Industrials 4

A Review of CA100+ Company Disclosures on Industry Association Lobbying

A central ask of CA100+ focus companies from the investor community has been to audit and publish reviews of their industry associations’ climate change lobbying and alignment. InfluenceMap is assessing CA100+ target company reviews as part of an ongoing process to feed into active investor engagements.

These assessments are benchmarked against investor expectations outlined by the PRI, IIGCC and CERES, covering:

  • Disclosure: Including full transparency of the climate policy positions and engagement activities of the company and its industry associations, and clear explanations of the governance processes in place to ensure alignment on climate policy engagement.

  • Policy Alignment Process: Robust processes to identify and act on misalignment between the company and its industry associations on climate change to ensure consistency between the company’s policy positions and the positions and lobbying activities of its industry associations.

Up-to-date rankings and scorecards can be found in the following slides, along with an overview of the main findings from this analysis. Use the buttons below to access additional materials: (1) InfluenceMap's detailed report on CA100+ industry association disclosures, published April 2021; (2) Full methodology used to assess industry association disclosures; (3) Examples of better practice by CA100+ companies to date.

Summary Ranking of Industry Association Reviews

The table below shows a ranking of CA100+ companies by the quality of their industry association review processes, expressed as a percentage score from 0 to 100, where 100 would indicate that a company has met investor expectations for all of the assessment criteria related to the review process.

Click on the Company Scorecard links to access the latest individual company assessments, broken down according to the seven assessment criteria drawn from stated investor expectations on the topic. These scorecards will be updated on a rolling basis as new reviews are made available.

CompanySectorHeadquartersReview Score (0-100)Company Scorecard
Royal Dutch ShellEnergyEurope64Download
HolcimConstruction MaterialsEurope57Download
BayerHealthcareEurope50Download
SasolChemicalsAfrica50Download
Origin EnergyEnergyOceania50Download
BASFChemicalsEurope43Download
BHPMetals & MiningOceania43Download
HeidelbergCementConstruction MaterialsEurope43Download
Rio Tinto GroupMetals & MiningEurope43Download
BPEnergyEurope43Download
Anglo AmericanMetals & MiningEurope36Download
OMVEnergyEurope36Download
Glencore InternationalMetals & MiningEurope36Download
FirstEnergy CorpUtilitiesNorth America29Download
ArcelorMittalMetals & MiningEurope29Download
WoodsideEnergyOceania29Download
TotalEnergiesEnergyEurope29Download
Equinor (formerly Statoil)EnergyEurope29Download
AGL AustraliaUtilitiesOceania21Download
RepsolEnergyEurope21Download
South32Metals & MiningOceania21Download
RWEUtilitiesEurope21Download
ChevronEnergyNorth America14Download
SantosEnergyOceania14Download
ConocoPhillipsEnergyNorth America14Download
EniEnergyEurope14Download
Ford MotorAutomobilesNorth America14Download
Duke EnergyUtilitiesNorth America7Download
138 of 166 CA100+ companies have not published an industry association review to date. A full list of these companies is available in the 'Download' link.Download

Overview of Findings

Overview: With the possible exception of Shell, companies have not performed consistently across the criteria tested in the analysis. Several companies (e.g. BASF, BHP) have produced reviews that provide examples of strong performance on one or two criteria, but fall down in other key areas. Examples of better practice under specific indicators are available here.

Low benchmark for alignment: Many companies appear to assess alignment with their industry associations against their own corporate positions and practices, as opposed to a more robust assessment against the Paris Agreement, as specified in the formal expectations set out by investors. According to InfluenceMap analysis, the majority of CA100+ companies have not aligned their own climate policy positions and lobbying activities with the Paris Agreement (see Slide 4).

“Cherry picking” data for industry association assessments: The majority of companies have not disclosed a detailed and accurate account of their industry associations’ climate policy positions and engagement, nor provided details on their case-by-case alignment assessments. Companies appear to “cherry-pick” positive high-level statements from their industry associations when analyzing alignment, overlooking sometimes substantial evidence of detailed negative lobbying on climate-related policy.

Inconsistent action on misalignment: Underlying problems with the review process means that companies have failed to identify and take action to address key cases of misalignment with their industry associations. The lack of transparency on corporate engagements with industry associations exacerbates the perceived lack of action to address misalignments.