Petronas Chemicals Group Bhd

Lobbying Transparency and Governance

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Petronas Chemicals Group Bhd provides extensive and specific detail on every aspect of its climate-policy lobbying. It names multiple concrete measures it engages on, including alignment with the “UNEP OGMP2.0 Reporting Framework,” the roll-out of its own “Exploration and Production Minimum Environmental Specification (MES)” for methane reporting, support for Malaysia’s “Global Methane Pledge,” contributions to the national Circular Economy Roadmap for plastics, and work on the National Energy Policy and Natural Gas Roadmap. The company also spells out how it seeks to influence these policies: hosting the ASEAN Energy Sector Methane Roundtable with USAID and the ASEAN Centre for Energy, participating in the United States Department of Energy’s Methane Measurement, Monitoring, Reporting and Verification technical working group, submitting a White Paper through the Methanol Institute and the Malaysian Plastics Manufacturers Association to the Malaysian Government, and advocating through its regulatory arm, Malaysia Petroleum Management, with upstream operators and relevant ministries. Finally, Petronas is explicit about what it wants those engagements to achieve, backing “50% reduction of methane emissions by 2025 for PETRONAS Groupwide natural gas value chain from 2019 baseline,” a “70% reduction in absolute methane emissions by 2030,” and calling for “effective regulation for ASEAN methane emission reduction,” while also pushing for an advanced plastic-recycling industry and wider adoption of green and renewable methanol. The combination of clearly identified policies, well-described engagement channels with specified targets, and measurable policy outcomes demonstrates a very high level of transparency in its climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
None Petronas Chemicals Group Bhd outlines a comprehensive sustainability governance framework, stating that “we have established a dedicated governance structure with clear reporting lines that drives our sustainability strategies,” and highlighting bodies such as the “Board Sustainability and Risk Committee (BSRC)” and a “Sustainable Development Working Committee (SDWC)” that monitor climate-related risks and set sustainability KPIs. The company emphasizes that “the Board is ultimately responsible for monitoring the implementation of climate-related initiatives” and that a newly appointed Chief Sustainability Officer chairs a “dedicated Sustainability Council.” However, we found no evidence of any governance process specifically overseeing or aligning the company’s lobbying activities, whether direct or indirect, with its climate-related goals, nor any disclosure of how such activities are monitored, managed, or held to account. 0