InfluenceMap's new interactive Automotive Climate Tool for the first time combines leading analysis of the automotive sector's climate policy engagement, with industry-standard IHS Markit data on automakers' zero-emissions vehicle production strategies.
The US automotive industry, led by Ford, GM, Fiat Chrysler and Toyota, has spent millions of dollars in the last few years in an effort to dismantle a decade of policy progress on US vehicle efficiency and greenhouse gas emissions.
This report reveals how the shipping industry has aggressively lobbied the UN to obstruct climate change action for shipping, ensuring it remains the only sector in the world not currently subject to any emission reduction measures.
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.
Is the Volkswagen scandal the tip of the iceberg? Investors and engagers concerned with climate issues may be inclined to look more closely at this sector in light of the recent regulatory risks exposed by VW as the scandal spreads from diesel to CO2 emissions.
New analysis, requested by the Greens/EFA Group within the European Parliament, reveals a strong correlation between the obstructionist attitudes of key automotive manufacturers toward EU NOx policy and the position of the member states that they manufacture in.