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.
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.
Industry groups are key lobbying agents for business - we use our analytics to pick out the 50 most influential on climate.
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...