The Global Standard on Responsible Climate Lobbying - instigated by investors and launched in March 2022 - highlights the need for companies to publish a detailed annual review to ensure that its climate policy engagement (direct & indirect via industry associations) is consistent with the 1.5°C goal of the Paris Agreement.
In response to such investor requests, over 55 CA100+ companies have published a review of their industry associations' alignment on climate policy engagement. InfluenceMap has developed a methodology to assess the quality of these disclosures, benchmarked against investor expectations outlined by the PRI, IIGCC and Ceres. This assessment covers:
Disclosure & Transparency: 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 report on specific cases of misalignment between climate policy engagement and the Paris Agreement, including steps taken to address such misalignments.
InfluenceMap assesses CA100+ company reviews as part of an ongoing process to feed into active investor engagements. Up-to-date rankings and company scorecards can be found in the table below. Use the buttons below to access InfluenceMap's full methodology to assess industry association disclosures and guidance on better practice by companies to date.
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.
*Companies with an asterix are not part of the CA100+ target list, but are included in the ranking table below as a point of comparison between companies in similar sectors and/or regions.
|Company||Sector||Headquarters||Review Score (0-100)||Company Scorecard|
|Rio Tinto Group||Metals & Mining||Europe||50||Download|
|ArcelorMittal||Metals & Mining||Europe||50||Download|
|BHP||Metals & Mining||Oceania||43||Download|
|NRG Energy||Utilities||North America||43||Download|
|Equinor (formerly Statoil)||Energy||Europe||43||Download|
|Delta Air Lines||Transportation||North America||36||Download|
|Glencore International||Metals & Mining||Europe||36||Download|
|Anglo American||Metals & Mining||Europe||36||Download|
|FirstEnergy Corp||Utilities||North America||29||Download|
|General Motors||Automobiles||North America||29||Download|
|United Airlines||Transportation||North America||29||Download|
|Marathon Petroleum||Energy||North America||21||Download|
|South32||Metals & Mining||Oceania||21||Download|
|Occidental Petroleum||Energy||North America||21||Download|
|Teck Resources||Metals & Mining||North America||21||Download|
|Honeywell International*||Industrials||North America||21||Download|
|Duke Energy||Utilities||North America||7||Download|
|Sempra Energy*||Utilities||North America||7||Download|
|Valero Energy||Energy||North America||7||Download|
|AES Corporation||Utilities||North America||7||Download|
|Ford Motor||Automobiles||North America||7||Download|
|Phillips 66||Energy||North America||0||Download|
|NextEra Energy||Utilities||North America||0||Download|
|111 of 165 CA100+ companies (67%) have not published an industry association review to date. A full list of these companies is available in the 'Download' link.||Download|