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 Lobbying Overview: The Taiwan Transportation Vehicle Manufacturers Association (TTVMA) appears to have limited but negative engagement with climate policy. It supported limiting global warming to 1.5C. However, it appears to have actively lobbied against the target of achieving full electrification of vehicles by 2040 in Taiwan in 2023.
Top-line Messaging on Climate Policy: The Association has limited but positive top-line engagement on climate policy. As reported by Win News in December 2022, the association stated support for limiting global warming to 1.5C. InfluenceMap did not find evidence of explicit support for the Paris Agreement and the role of government policy in responding to climate change.
Engagement with Climate-Related Regulations: The Association has not published an account of its engagement with specific climate regulations in Taiwan. InfluenceMap has not found evidence of its engagement with climate policy strands such as carbon tax, emissions trading, energy efficiency and renewable energy.
Positioning on Energy Transition: The Association appears to oppose the low-carbon energy transition. As reported by Up Media in July 2023, TTVMA directly advocated to policymakers against the target of full electrification of vehicles by 2040 in Taiwan, suggesting that low-carbon gasoline is a more viable pathway. As reported by Economic Daily News in May 2023, at a symposium on the decarbonization pathways for transportation, TTVMA advocated against phasing out internal combustion engines and called for the government to support technologies to decarbonize internal combustion engines and low-carbon fuels.