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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Anglo American PLC has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company explicitly names specific climate policies it has engaged with, such as the Safeguard Mechanism reforms in Australia, provisions supporting hydrogen deployment in the U.S. Inflation Reduction Act and Infrastructure, Investment and Jobs Act, and its involvement with the European Union's Emissions Trading Scheme (EU ETS). Additionally, Anglo American highlights its advocacy efforts in the EU to recognize hydrogen and fuel cell technologies as central to climate neutrality plans and its engagement with South African government entities to support the regional renewable energy ecosystem (RREE). The company provides detailed information about its lobbying mechanisms and targets, including direct lobbying efforts such as regular meetings with senior South African government officials, participation in strategic fora like COP27, and engagement with policymakers in the U.S. and EU. Anglo American also outlines its mechanisms for engaging with policymakers, such as its "Government Relations country plan" and participation in industry associations like the Carbon Market Institute and Hydrogen Council. Furthermore, Anglo American has clearly articulated the outcomes it seeks through its lobbying efforts, including achieving carbon neutrality across its operations by 2040, reducing Scope 3 emissions by 50% by the same year, and supporting the development of the hydrogen economy globally. The company emphasizes the role of carbon markets in driving emissions reduction and mobilizing capital for climate mitigation projects, such as the Gyapa Cookstoves Project in Ghana. This level of detail and alignment with the goals of the Paris Agreement reflects Anglo American's commitment to transparency in its climate lobbying activities.
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4
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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Anglo American demonstrates a comprehensive governance framework for climate lobbying alignment, encompassing both direct and indirect lobbying activities. The company has established robust mechanisms, oversight structures, and accountability measures to ensure alignment with its climate goals. It conducts biennial independent reviews of its industry associations, with the latest review assessing eight climate policy positions and identifying material differences, which were addressed through structured actions such as engaging with relationship owners and relevant associations. The governance process is overseen by the Board's Sustainability Committee, which monitors climate-related risks and opportunities, and the Climate Change Steering Committee, chaired by the Group head of strategy, which coordinates climate-related workstreams. Transparency is achieved through annual disclosures of memberships, leadership positions, and financial contributions to industry associations, alongside adherence to mandatory lobbying registers. High standards are maintained by expecting industry associations to align with Anglo American's Code of Conduct and Business Integrity Policy, while accountability is ensured through designated relationship owners responsible for monitoring alignment and escalating issues when misalignments occur. The company emphasizes rigorous internal governance procedures, compliance training, and escalation steps in the event of advocacy misalignment, supported by external accountability channels such as the whistleblower service 'YourVoice.' Anglo American's commitment to aligning indirect lobbying efforts with climate goals is evident in its approach to industry associations, stating, 'Aligned with our approach to third party lobbying, our intention is that the industry associations of which are a member, also support this approach and advocate for policies that support the achievement of the Paris Agreement.' These measures collectively reflect a robust, transparent, and proactive governance process for climate lobbying alignment.
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4
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