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| Overall Assessment |
Comment |
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| Comprehensive |
Orica Ltd has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has explicitly named specific climate policies it has engaged with, such as the "Australian Safeguard Mechanism reforms," the "Independent Review of Australian Carbon Credit Units," and the "Clean Energy Regulator's Corporate Emissions Reduction Transparency (CERT) report pilot." It has also detailed its advocacy for "carbon border adjustment mechanisms" and its participation in "Alberta, Canada's Technology Innovation and Emissions Reduction Regulation Review." These disclosures provide clear identification of the policies and their geographic focus.
Orica has been equally transparent about its lobbying mechanisms and targets. The company disclosed both direct and indirect lobbying methods, including "direct advocacy" through participation in "collaborative working groups, technical forums, and Government Inquiries," as well as indirect engagement through industry associations like the "Carbon Market Institute, Ai Group, and Chemistry Australia." Specific policymaking targets include "Federal department officials, parliamentary members, and local representatives," as well as the "Clean Energy Regulator" and "Alberta, Canada's Technology Innovation and Emissions Reduction Regulation Review." These disclosures provide clarity on both the mechanisms used and the specific policymaking bodies targeted.
Furthermore, Orica has been transparent about the specific outcomes it seeks through its lobbying efforts. The company has articulated detailed goals, such as supporting reforms to the Safeguard Mechanism, including "the need to remove compliance headroom," "the proposed decline in baselines," and "the creation of Safeguard Mechanism Credits." It has also advocated for amendments to the CERT reporting design and the introduction of an Australian carbon border adjustment mechanism to "reduce the risk of carbon leakage." Additionally, Orica has outlined its objectives to decarbonize its operations, establish a renewable hydrogen and green ammonia industry, and maintain supply chain sovereignty. These clearly stated and measurable outcomes reflect the company's intent to influence policy in specific ways. Overall, Orica's disclosures illustrate a comprehensive approach to transparency in its climate lobbying activities.
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4
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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Orica Limited demonstrates a comprehensive governance process for climate lobbying alignment, both direct and indirect, as evidenced by its detailed "Industry Association Review 2023." The company has published a thorough review of its industry association memberships, explicitly stating that "the scope of the review covered all of Orica's industry association memberships" and included an assessment of alignment with Orica's climate change and energy positions. This review was supported by external expertise, as "Orica commissioned EY to support the review who undertook an assessment of industry association policy position alignment across Orica's nine climate-related policy and position areas." The methodology included "engagement with internal Orica relationship owners and select industry associations to validate review outcomes" and "access to publicly available information sources such as industry association websites, submissions to government, news articles and social media sites." The governance structure is clearly defined, with responsibility for industry association memberships residing with specific roles: "Responsibility for approval of industry association memberships within a country resides with the Regional President or Managing Director and CEO," while "the Vice President Corporate Affairs has responsibility for maintaining visibility of industry association memberships that are across more than one country to avoid duplication." Additionally, "Each industry association membership has a designated relationship owner who has responsibility for ensuring that industry association engagement aligns with Orica's climate and energy policy positions." Orica has also outlined a policy to ensure alignment, stating that "promoting alignment with Orica's climate change positions (including alignment with the Paris Agreement) within the industry associations of which we are a member is a priority." The company has demonstrated accountability by publishing the outcomes of its review, which include alignment ratings for ten industry associations and actions taken, such as discontinuing memberships with misaligned associations like the World Coal Association. Furthermore, Orica commits to direct advocacy aligned with its Climate Change Policy, stating, "Orica commits to direct advocacy activities that are aligned with our Climate Change Policy and climate positions including support for the goals of the Paris Agreement." The governance process includes maintaining a register of industry association memberships relevant to climate change and energy advocacy, with the "corporate sustainability team responsible for drawing on these registers to maintain a register of industry association memberships relevant to climate change and energy advocacy." This indicates a robust governance framework that encompasses direct and indirect lobbying activities, with clear monitoring mechanisms, accountability structures, and transparency measures in place.
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4
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