Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Tata Steel Ltd has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly named specific climate policies it has engaged with, including the EU Emissions Trading Scheme, the Carbon Border Adjustment Mechanism, the 6th carbon budget for the UK, the National Tariff Policy, the Steel Scrap Recycling Policy, and the National Carbon Market (Amendment to the Energy Conservation Act). These disclosures provide detailed insights into the policies targeted and their alignment with Tata Steel's climate objectives. Tata Steel has also outlined its lobbying mechanisms, such as direct engagement with policymakers, participation in consultations, panel memberships, contributions to government task forces, and collaboration with industry associations like Eurofer, UK Steel, and the Energy Transitions Commission. The company has identified specific targets, including the Ministry of Steel in India, the Ministry of Road Transport & Highways, and various national and regional governments in Europe and India, demonstrating clarity in its lobbying approach. Furthermore, Tata Steel has been transparent about the outcomes it seeks, such as reducing carbon emissions by 5 million tonnes annually, transitioning to sustainable steelmaking through Electric Arc Furnace technology, and advocating for policies that promote greenhouse gas reduction, energy transitions, and adherence to the Paris Agreement. These disclosures reflect a clear alignment with climate goals and measurable policy changes, showcasing Tata Steel's commitment to influencing climate-related legislation and achieving net-zero emissions. | 4 |