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.
Climate Policy Engagement Overview: The Cámara Mexicana de la Industria de la Construcción (CMIC) supports climate policy in Mexico with some exceptions, albeit with limited engagement. The association states top-line support for climate action and energy efficiency legislation, but does not appear to support the energy transition, including advocating for the long-term role of oil and gas.
Top-line Messaging on Climate Policy: CMIC seems to support climate policy in its top-line messaging. In March 2023 the Vice President and Chair of the Energy Infrastructure working group, Raúl Asís Monforte González, wrote an op-ed in Tinta Pública Noticias supporting limiting warming to 1.5°C with deep global emissions reductions in all sectors, with emissions reduced by 50% by 2030. However, at times the association has not clearly supported IPCC-aligned emissions reductions. For example, in September 2021 in a press release it emphasized that the IPCC recognized that concrete can reabsorb up to 50% of CO2 emitted during the production process without stating support for IPCC mandated emissions reductions. In a February 2022 presentation CMIC supported action at COP27, and in a November 2021 press release it supported the UNFCCC process. InfluenceMap did not detect a public position on the need for government regulation on climate change.
Engagement with Climate-Related Regulations: InfluenceMap detected limited engagement from CMIC in 2021-23 on the association’s corporate website. However, the news outlet La Crónica de Hoy en Hidalgo reported in March 2023 that CMIC supported energy efficiency legislation in Mexico, specifically financing for small and medium sized business to promote reducing energy consumption.
Positioning on Energy Transition: CMIC predominantly does not seem to support the energy transition. In a roundtable with Mexican policymakers in May 2022, the association supported expanding fossil fuel infrastructure. In April 2023 in a seminar on the future of the energy sector to the Mexican Senate, CMIC supported new investment in and exploration for oil and gas in Mexico, and suggested that renewables are insufficient to cover 100% of demand. However, the association also supported setting decarbonization targets and a policy framework to scale up ‘clean’ and renewable energy, and suggested that gas pipelines can be used for green hydrogen in the seminar.