The US government is proposing a bold climate policy and fiscal spending agenda which will face its crucial test in US Congress in late September 2021. The $3.5 trillion 'Reconciliation Bill' has been described as a “once in lifetime” chance to pass meaningful climate policy in the United States.
To qualify, a company must exhibit sufficient support for ambitious climate policy, strategic levels of engagement with climate policy, and leadership in its sector. Links to industry associations egregiously opposing climate policy can disqualify a company from the list.
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.
This Lobbying Update provides details of corporate lobbying on key policies in 2021 thus far, including the Victorian Gas Substitution Roadmap, the inquiry into the prudential regulation of investment in Australia's export industries, the gas-fired recovery plan, the remit expansion to ARENA, and post 2025 market design options. InfluenceMap will continue to provide corporate lobbying updates regularly on this platform.
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.
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.
This report is being released in conjunction with InfluenceMap's revamped, interactive CA100+ platform which contains additional analysis covering the climate lobbying of CA100+ target companies.
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.
Intensive lobbying throughout 2020 from real economy sectors has extracted significant concessions from the European Commission on its EU Sustainable Finance taxonomy.
New research from InfluenceMap shows the oil and gas sector to have dominated climate-related policy battles throughout COVID-19 crisis.
This research finds that Australia’s 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 research is part of InfluenceMap’s ongoing research on corporate climate lobbying, which feeds into investor processes globally. The results will be of prime interest to numerous asset managers and owners currently engaging on the topic with corporations operating in Australia.
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.
New analysis from InfluenceMap has tracked significant lobbying on the EU Ecolabel since late 2018, as part of a wider ongoing research process covering the EUs Sustainable Finance Action Plan and how the corporate sector is influencing the process.
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.
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.
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.
Since the conception of the EU ETS over a decade ago, the European cement industry has succeeded in crippling the original ambition of the policy, which was to decarbonise European industry, whilst booking billions of Euros in pure profits from the allocation of credits.
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.
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.
The global mining giant has just published a review of climate/energy misalignments between it and its key lobby groups - InfluenceMap fact checks this for accuracy and completeness.
InfluenceMap has identified the 50 companies most influential in shaping climate and energy policy around the world. Some of these (such as ExxonMobil) are in opposition while others (such as Apple and Unilever) are championing ambitious national-level policy to support their decarbonization plans...
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.
The energy majors' strategy (Shell, BP and Total) leading up to Paris 2015 is to call for a price on carbon. Behind the scenes, however, all are systematically obstructing the very laws that would enable a meaningful price.
In light of the ExxonMobil case, we queried our database to see what the top 20 US industrial companies are saying about climate risk to regulators and investors.
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.
InfluenceMap's scoring system observed a flurry of pro-climate policy activity immediately prior to and following COP21 in Paris. This so-called “Paris effect” means that over half the global 100 industrial companies are now advocating for emissions reductions in line with 2C.
Research by InfluenceMap reveals the California based tech giant's pledges on the use of renewable energy are backed up by its calls to policy makers to push through ambitious climate change policy and legislation. Apple tops our current scoring with its recent support of ambitious climate policy and is the first to score an "A" in our system.
Research suggests ExxonMobil spent $27m and Shell $22m to obstruct climate legislation in 2015, with the American Petroleum Institute and two smaller trade associations spending a further $74m on behalf of the entire industry.
The clear trend is greater disclosure by the oil/gas industry of regulatory risk posed by climate policy with emphasis of a likely shift following the Paris Agreement. Chevron, ConocoPhillips, ExxonMobil and Valero Energy all imply that significant regulatory risk at the national levels is on the horizon after COP21.
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.
New research by InfluenceMap finds that the European cement industry is not disclosing the financial risks it would face in response to a meaningful price on carbon, while continuing to undermine regulations that would enable such a price.
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 Minerals Council of Australia, the Australian Chamber of Commerce and Industry and the NSW Minerals Council named as the three organizations most responsible for undermining climate policy in Australia.
Fiza joined InfluenceMap in September 2021, having completed an M.Sc. in the Control of Infectious Diseases from the London School of Hygiene and Tropical Medicine. For her dissertation, she worked with UNICEF to conduct original research on the biodegradability of disposable sanitary pads in a humanitarian context. In her role as an Analyst at InfluenceMap, Fiza works as part of the EU project on partner engagement and corporate lobbying analysis, with particular focus on Circular Economy policies.
Karin joined InfluenceMap in October 2021 as an Analyst. She conducts the assessment and scoring of Japanese and Asian corporate engagement with climate change policy, as well as research on Japanese climate and energy policy in collaboration with Japanese partners. She holds a BA in Political Science from the University of California, Los Angeles (UCLA) and has previously worked in government relations and sustainable development.
Sofia joined InfluenceMap as an analyst in August 2021. Her focus is on tracking and evaluating the lobbying activities of corporates and industry associations in the global oil, gas, and minerals sector, and assessing its impact on climate policy. She holds a Master’s in International History from Columbia University and London School of Economics, and a Master’s in Development Studies from the Indian Institute of Technology Madras.
Ben re-joined InfluenceMap in 2020 as a Senior Analyst on the lobbying and corporate influence team. Before returning to InfluenceMap, Ben graduated top of his class for an MA in Public Policy, specializing in global climate policy, and worked for Patricia Espinosa's office at the UNFCCC, including at COP25. Ben previously worked for InfluenceMap for nearly two years, leading the program on the shipping sector. Currently, his work focuses on assessing the lobbying influence of corporations on climate policy for aviation, shipping, and transport.
Rebecca joined InfluenceMap in June 2019. Prior to this, she completed a master’s degree in Physics at the University of Oxford, specialising in the Physics of Atmospheres and Oceans. At InfluenceMap, Rebecca is an analyst in the lobbying and corporate influence team, assessing the engagement of the finance and corporate sectors on sustainable finance policies.
Lucy holds a Bachelor's degree in Geography from the University of Bristol, and a Master's in Environment and Development from the University of Copenhagen, writing her thesis on the impacts of rural development policies in Chiang Mai, Thailand. Lucy joined InfluenceMap as an external consultant in October 2020 to advise on how agriculture and forestry can be incorporated into InfluenceMap’s methodology and is now a full-time member of the corporate lobbying team, leading the analysis of the land-use sector.
Tom joined InfluenceMap in November 2020 after completing his MSc in Environment and Development at Lancaster University. He wrote his thesis on the suitability and feasibility of using carbon offsets for international aviation emissions, having previously gained a BSc in Geography from Manchester Metropolitan University. At InfluenceMap, Tom works as an analyst as part of the Australia project, assessing corporate lobbying activity on climate-related policy as well as conducting analysis on the aviation sector’s global climate targets.
Ed has led InfluenceMap's research on lobbying and corporate influence since 2017, having joined the company in 2015. Working with a team of dedicated analysts, Ed manages InfluenceMap's system for tracking and assessing the climate change lobbying of world's largest 300 industrial companies and their key trade associations. He represents InfluenceMap in key processes such as the Climate Action 100+'s Technical Advisory Group. Before InfluenceMap, Ed completed a Masters at the London School of Economics.
Jake leads InfluenceMap’s data analysis across multiple streams of work. This includes InfluenceMap’s ongoing research into how social media advertising influences the climate debate, as well as analysis of how the Federal Reserve conducted their corporate bond buying COVID-19 relief scheme. Jake has also developed tools to help automate aspects of InfluenceMap’s research process, such as the data gathering for our ongoing analysis of lobbying and corporate influence. Before joining InfluenceMap, Jake completed an integrated master’s course in Physics at the University of Sussex.
Cleo joined InfluenceMap in May 2021 after graduating from the University of Wisconsin, Madison, where she studied Political Science and International Political Economics; engaging in research on trade and immigration policy. At InfluenceMap, Cleo works as an Analyst evaluating financial services industry associations’ engagement on sustainable finance, looking into their efforts to influence policy in the United States at the federal and state levels.
Rodolfos joined InfluenceMap in May 2021 after completing a MSc in Public Policy at University College London, where he specialized in EU policymaking, law and regulation, and the theory of public administration. He also holds a MSc in Engineering and Management from Coventry University. Working as an Analyst within the corporate climate lobbying team, Rodolfos tracks and analyses the lobbying activities of corporations and industry associations on climate policy, focusing on the EU.
Reina joined InfluenceMap in November 2021 as an Analyst, and she is based in Tokyo. She works on evaluating and scoring Japanese corporate engagement with climate change policy, as well as researching on Japanese climate and energy policy collaborating with Japanese partners including non-profit, policymaking, finance, and corporate sectors. She holds a BA in Human Geography from the University of British Columbia. Prior to joining, Reina worked for Sumitomo Forestry as an associate business planner and conducted research to design new business towards decarbonized society and regional revitalization.
Yusuke Matsuo leads IGES’s work supporting corporate and policy actions. He is also the director of the secretariat of Japan Climate Leaders' Partnership, an independent business coalition, where he leads the team supporting the business group of more than 60 companies from across various sectors in Japan who are jointly driving corporate ambition for the transition to a net zero economy. Previously, he was a senior analyst at the Good Bankers Co., Ltd, an investment advisory firm, and at Sanwa Bank (current MUFG Bank). He received the Kaya Award from the Japan Society of Energy and Resources in 2008 and awards from the Ministry of Environment in Japan in 2007 and 2010 for his climate and energy policy proposals. He has MSc in Environmental Management and Policy from the International Institute for Industrial Environmental Economics (IIIEE), Lund University.
As Head of Policy at IIGCC, Rachel supports IIGCC's membership by building consensus and identifying key topics on which to engage and influence policy makers in Brussels and globally. Rachel joined IIGCC in 2017 having previously worked for the UK Civil Service for over ten years on EU and international climate change, energy and transport policy, including four years in Brussels with the European Commission and the UK Diplomatic Service. Rachel holds a BSc in International Management with French from the University of Bath, and an MA with distinction in European Interdisciplinary Studies from the College of Europe in Natolin, Poland.
Venetia holds a bachelor’s degree in French and Spanish from the University of Leeds and a MSc in Environment, Politics and Society from UCL, writing a dissertation on investment banks and fossil fuels. As an Analyst in the corporate climate lobbying team, Venetia assesses and analyses the lobbying activities of corporates and trade associations and their impact on climate policy with a focus currently on the EU.
As Country Manager, Monica leads the InfluenceMap content development and JETI engagement efforts from the Tokyo office with strategic partners in the non-profit, policymaking, finance, media and corporate sectors based in Japan and Asia-Pacific. Prior to joining InfluenceMap in 2020, she conducted research on energy policy at the Institute of Energy Economics, Japan (IEEJ). Monica holds a Master’s in Environmental Policy and Energy from Sciences Po, a Masters of Law in International Relations from Peking University, and a BA in Environment and Information Studies from Keio University.
Prior to InfluenceMap, Faye completed her MA in Environment, Politics and Globalisation at King's College London, for which she was awarded '2018/19 Best Thesis Award' for her research on the relationship between the framing of climate change in documentaries and political engagement. Faye joined InfluenceMap as an intern in November 2018 and is a member of the LobbyMap team where she is the lead analyst on the oil and gas and mining sectors. Additionally, Faye is the project manager for our Australia analysis and a core member of the new team analysing the impacts of social media advertising on the climate debate.
Yuna is InfluenceMap's country lead for Korea and works with our global content teams to adapt our work for this market. She also leads in engagement and partner management in-country as well as media outreach. Prior to joining InfluenceMap, Yuna was a Partnerships Executive with climate data NGO CDP, focusing on East and Southeast Asia. She has also worked as a Research Manager and Acting Correspondent for the Economist magazine in Seoul. Yuna has a BA from Oxford and MSC in Environment and Sustainable Development from University College London.
Joe holds a bachelor’s degree in Law and an MSc in Environmental Policy from the University of Bristol. Prior to joining InfluenceMap in 2020, Joe spent 18 months working on the climate change team at responsible investment NGO ShareAction. As a Policy Analyst in InfluenceMap’s corporate climate lobbying team, Joe assesses and analyses the lobbying activities of corporates and trade associations and their impact on climate policy.
Prior to joining InfluenceMap in May 2021, Emilia worked on energy and global philanthropy projects with Acadia Center and Wellspring Philanthropic Fund. As an Analyst, Emilia contributes to InfluenceMap’s efforts to track corporate lobbying on climate change, particularly within the US power sector. Emilia holds a joint Bachelor’s & Master’s degree in Public Policy from the Bloustein School at Rutgers University.
Sejin joined InfluenceMap in October 2021. As an Analyst, she assesses the lobbying activities and engagements of South Korean corporates on climate policy and conducts research on South Korean climate and sustainability policy. Prior to joining InfluenceMap, she conducted research on sustainability transformations and geopolitics at Linköping University in Sweden. Sejin holds a double BA in Sociology and in Spanish Language and Literature from Korea University and a MSc in Human Ecology from Lund University.
Working as an Analyst within the corporate climate lobbying team, Kalina tracks and analyses lobbying activities of corporations and trade associations on climate policy, with a particular focus on the automotive sector. Prior to joining InfluenceMap, she spent a year in Spain working in sustainable energy, and also has experience in the international development field. Kalina holds a BA Geography degree from the London School of Economics, and an M.Sc. in Emerging Economies and International Development from King’s College London.
Bill Weihl is an independent consultant helping companies and non-profits drive climate action. From 2012 to 2018, Bill was Director of Sustainability at Facebook. He built a team that directs work on sustainability and energy efficiency across the company; they also drive cross-industry collaborations, including playing critical roles in RE100 and the Renewable Energy Buyers Alliance. Prior to Facebook, Bill was Green Energy Czar at Google, where his team pioneered Google’s work to buy clean energy for its data centers. He is on the boards of several companies and nonprofits.
Aria joined InfluenceMap in December 2020 after completing a MSc in International Politics at SOAS, writing her dissertation on Africa-China relations. At InfluenceMap, Aria works as an analyst assessing corporate lobbying activities on climate policy and analyzing financial institutions’ climate policies, governance, and company stewardship; with a special focus on China and Chinese speaking regions.
Vivek joined InfluenceMap as an Analyst in November 2020 after completing his Master’s in Economics and Policy of Energy and the Environment at University College London. His thesis focused on understanding the mini-grid policy environment in Ethiopia and identifying barriers to policy implementation. He also holds a Bachelor’s in Economics from the University of York. In the corporate climate lobbying team, Vivek tracks and analyses lobbying activities of corporations and trade associations on climate policy, with a particular focus on utilities in the EU.
Sanober joined InfluenceMap in December 2020 as a climate policy analyst in the US team. Before joining, Sanober finished a Master’s in International Conservation and Development from the University of Montana, completing a thesis on transboundary conservation with a particular focus on southern Patagonia. Sanober will contribute to InfluenceMap’s efforts to cover more sectors and regions within the United States.
Kendra joined InfluenceMap in 2020 after earning her Master’s in Sustainable Development from University College London. She has a degree in International Relations and English and completed a U.S. Fulbright fellowship in South Africa. With a background in environment and corporate accountability issues, Kendra works across InfluenceMap's teams on engagement efforts with US-based partners in the non-profit, policy-making, finance, media, and corporate sectors. She helps develop ideas for US-focused content while contributing to InfluenceMap’s ongoing tracking and analysis of corporate lobbying on climate change.
As an Analyst on FinanceMap, Paula evaluates financial institutions' climate policies, governance, and company stewardship, as well as the engagement of the finance and corporate sectors on sustainable finance policies. Prior to joining InfluenceMap, Paula completed her Master’s in Global Development at the University of Copenhagen, carrying out field research in Tanzania and Myanmar, and writing her Master’s thesis on coal policy in Germany.
Will leads InfluenceMap’s engagement with strategic European partners in the non-profit, policymaking, finance, and corporate sectors. His key focus is the European Green Deal as the bloc implements policy to reach its new 2030 emissions reduction target. Prior to joining InfluenceMap, Will was a Senior Policy Advisor in the climate strategy team of the Department for Business, Energy and Industrial Strategy (BEIS), in the UK Government, working on the delivery of the UK net-zero commitment.