Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Repsol SA has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly named a wide range of specific climate policies it has engaged with, including the Renewable Energy Directive (REDIII), Emissions Trading System (ETS) reform, Carbon Border Adjustment Mechanism (CBAM), and the European Climate Law, among others. It has also provided detailed context about these policies, such as their geographical focus and specific legislative aspects. Repsol has been equally transparent about its lobbying mechanisms, detailing its participation in public consultations, expert working groups, and direct meetings with policymakers. It has identified specific targets of its lobbying efforts, such as the European Commission and policymakers involved in the development of the PNIEC in Spain, providing clarity on both the methods and the entities engaged. Furthermore, the company has articulated clear and measurable outcomes it seeks to achieve, such as promoting decarbonization, ensuring regulatory frameworks support industrial competitiveness, and advocating for technology-neutral approaches to emissions reduction. Repsol has also emphasized the importance of mechanisms to reduce carbon leakage and has outlined its support for sustainable finance and renewable energy initiatives. This level of detail and clarity reflects a comprehensive approach to disclosing its climate lobbying efforts and objectives. | 4 |