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| Overall Assessment |
Comment |
Score |
| Limited |
Antofagasta PLC gives only a partial picture of its climate-policy lobbying. It does identify a small number of concrete policies it has engaged on, citing Chile’s Nationally Determined Contribution under the Paris Agreement and “the draft law on Climate Change” that supports the country’s 30 % emissions-intensity reduction target, as well as referencing the Climate Change Framework Law. However, beyond stating that these measures guide its strategy, it offers no further detail on any other legislation it may influence. The company describes one direct channel of advocacy—“to listen, participate and propose to the competent government bodies such as the Ministry of the Environment” —and notes its work through mining associations, but it does not explain how these interactions take place (for example, letters, consultations or testimony) or name additional policymaking targets. On outcomes, Antofagasta limits itself to broad aspirations like achieving carbon neutrality by 2050 or “promoting increased ambition” in line with Chile’s NDC, without spelling out the precise regulatory changes or incentives it seeks. Taken together, the disclosures show that some information is available, yet the scope and specificity of lobbying activities, the mechanisms employed, and the concrete policy results the company advocates for remain largely opaque.
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| Overall Assessment |
Comment |
Score |
| Limited |
Antofagasta PLC discloses that it "form[s] alliances with public and other private actors" and that pillar 5 of its Climate Change Strategy, "Stakeholder Integration, includes ... contribut[ing] to the design of public policies," and it answers "Yes" when asked whether it has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." This shows a stated intention to keep its policy engagement consistent with its climate objectives, indicating some acknowledgement of lobbying-alignment. However, the evidence does not describe any concrete internal mechanism—such as a formal review of positions, a trade-association alignment assessment, or escalation and corrective procedures—to ensure that lobbying actually aligns with the company’s climate strategy. While the Sustainability and Stakeholder Management Committee and the Climate Change Committee are repeatedly referenced, their mandates are framed around "reviewing implementation of the climate change strategy" and broader ESG oversight rather than explicitly overseeing lobbying or advocacy; the disclosures therefore stop short of identifying a specific individual or body that reviews lobbying alignment. We found no evidence of regular monitoring, disclosure or audit of direct or indirect lobbying activities, nor any examples of the company acting to address misalignment within an association. This indicates only a limited level of disclosed governance for climate-related lobbying.
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