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Overall Assessment |
Comment |
Score |
Moderate |
Algonquin Power & Utilities Corp discloses several specific climate policies it engages on, naming “EV incentives,” “Clean energy tax credits through the Inflation Reduction Act (IRA),” the “Canadian federal budget,” “RNG,” and “Cap and Trade Regulations,” demonstrating clarity on the policy areas targeted. The company outlines its engagement methods, reporting that it “attend[s] meetings and provide[s] input on proposals” and “work[s] with trade associations to provide comments and feedback on legislative and regulatory proposals,” but does not identify the particular governments, agencies, or officials involved. It expresses broad aims to “promote the adoption of renewable energy and remove barriers to investment” yet stops short of linking these goals to specific legislative outcomes or measurable targets. Taken together, Algonquin Power & Utilities Corp shows transparency in naming the policies and mechanism types but lacks detail on its lobbying targets and the precise outcomes it seeks.
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2
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Overall Assessment |
Comment |
Score |
Limited |
Algonquin Power & Utilities Corp has implemented a basic lobbying governance policy through its “Lobbyist Code of Conduct,” which “enshrines our standards for the advocates representing us” and requires that lobbyists “sign the Lobbyist Code of Conduct and commit to upholding its requirements” as well as complete “comprehensive training to help our lobbyists fully understand the standards they are expected to meet.” However, we found no evidence of a formal review process or named individual responsible for ensuring that lobbying is aligned with the company’s climate change strategy, nor any criteria for assessing or managing the positions of trade associations despite the company noting it prioritized “increasing our contributions to trade associations and creating clear guidelines for those advocating to public officials on our behalf.” The company’s description of its approach to climate engagement—encapsulated in steps to “attend meetings and provide input on proposals,” “promote the adoption of renewable energy,” and “participate in climate related initiatives as opportunities arise”—demonstrates intended activity but does not disclose how these efforts are overseen or evaluated for consistency with its climate goals.
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1
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