Atco Ltd/Canada

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate ATCO Ltd. offers only limited insight into which climate-related rules it tries to shape, but it is clearer about the changes it wants those rules to deliver. The company refers to broad policy areas—carbon sequestration, emissions-reduction compliance credits, hydrogen blending rules and investment tax credits for carbon-capture projects—but does not name any specific bills, regulations or consultation processes it has engaged on, merely noting that it is "working with all levels of government to advocate for enabling policy and regulation." Description of its methods is similarly high-level: ATCO says it engages directly with governments by "providing relevant information, perspectives, and recommendations" and by joining "technical and advisory working groups," yet it does not identify which ministries, regulators or legislators it approaches, or whether its outreach takes the form of meetings, letters or submissions. The clearest part of the disclosure concerns the outcomes it seeks; in relation to the Heartland Hydrogen Hub, ATCO states that it is pressing for "carbon sequestration rights, emissions-reduction compliance credits, regulations to allow hydrogen blending into natural gas, and investment tax credits for carbon capture, utilisation and storage," signalling concrete policy changes it wants enacted to make the project economically viable. Overall, the disclosure gives a moderate view of ATCO’s climate-policy lobbying: it sets out several specific policy objectives but remains vague about the particular instruments it lobbies on and how, and about the government bodies that are the focus of its engagement. 2
Lobbying Governance
Overall Assessment Comment Score
None Atco Ltd/Canada’s disclosures focus exclusively on financial risk oversight rather than any lobbying governance process. For instance, it states that “The Company’s Board is responsible for understanding the principal risks of the Company’s business… and confirming there are controls in place to effectively monitor and manage those risks” and that “The Board established the Audit & Risk Committee to review significant risks associated with future performance, growth and lost opportunities…”. While this committee confirms “management has procedures in place to mitigate identified risks” and the Company “may use various derivative financial instruments to manage its exposure”, there is no mention of oversight, monitoring, or alignment mechanisms for either direct or indirect lobbying activities. We found no evidence of any individual, board, or formal body overseeing lobbying efforts, nor of any policy or process to align lobbying with climate policy goals, indicating the company does not disclose a lobbying governance framework. 0