This release was updated on 25 September 2024 to recognize that EDF meets the minimum criteria for recognition, bringing the total number of companies meeting this standard to 41.
A new report from InfluenceMap identifies leadership in corporate climate policy engagement among the world’s largest companies in three key areas: Science-Aligned Advocacy, Strategic Engagement, and Addressing Indirect Influence.
The report identifies 41 companies across a range of sectors that meet the minimum criteria for recognition. From this list of 41, companies from each region (North America, Europe and Asia-Pacific) were identified for their exceptional performance in one of the three categories, compared to their peers.
Most qualifying companies are headquartered in Europe (24/41), compared to nine in North America and eight in the Asia-Pacific region. Newcomers to the list of qualifying companies since last year’s analysis include L’Oreal, Biogen and Deutsche Telekom, as well as General Mills, which achieved special recognition in the Science-Aligned Advocacy category.
InfluenceMap analysis regularly finds that the majority of advocacy on key climate policies comes from vested fossil fuel interests seeking to delay progress. This report highlights the leading companies that are helping to tip the scales in favor of climate policy ambition, in turn laying the groundwork for more to do the same. This year’s methodology also acknowledges that leadership in one area or region does not necessarily represent best practice across the board.
Please see the report appendix for full list of 41 qualifying companies.
Edward Collins, Director of LobbyMap at InfluenceMap said:
“It is encouraging to see a number of the world’s largest and most well-known companies demonstrating significant positive climate policy engagement and raising the bar for their industry peers. By introducing leadership categories, this year's Global Leaders Report hopes to highlight the many avenues that companies must consider in order to align their actions with science and to reiterate that progress in one single area is not enough to drive the systemic change we need in order to achieve 1.5C."
Companies from each region were identified for their exceptional performance compared to their peers in one of the three following categories: Science-Aligned Advocacy, Strategic Engagement, and Addressing Indirect Influence.
The report also names several high-performing companies in low- and middle-income countries that are worthy of recognition despite not formally qualifying in the analysis. ReNew Power Private Ltd in India, for example, meets all criteria for leadership but is too small to feature in the Forbes 2000 list from which qualifying companies are chosen. Climate Policy Engagement leadership in new regions by fast-growing companies will be critical for achieving necessary emissions reductions on a global scale.
Click here for full report and graphics
For further information or to arrange interviews, please contact:
Kitty Hatchley, Press Officer, InfluenceMap (London)
Email: kitty.hatchley {@} influencemap.org