(C12.3a) On what policy, law, or regulation that may impact the climate has your organization been engaging directly with policy makers in the reporting year?
Question dependencies
This question only appears if you select “Direct engagement with policy makers” in response to C12.3.
Change from last year
Modified question
Rationale
Data users wish to understand how companies’ policy engagement on climate change relate to other stances taken. This question provides increased transparency regarding organizations’ direct engagement with policy makers, and whether the engagement is aligned with the global temperature goals of the Paris Agreement.
Connection to other frameworks
NZAM (FS only)
Commitment 9
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
| Focus of policy, law, or regulation that may impact the climate | Specify the policy, law, or regulation on which your organization is engaging with policy makers |
Policy, law, or regulation geographic coverage | Country/region the policy, law, or regulation applies to |
Your organization’s position on the policy, law, or regulation | Description of engagement with policy makers | Details of exceptions (if applicable) and your organization’s proposed alternative approach to the policy, law or regulation | Have you evaluated whether your organization’s engagement is aligned with the goals of the Paris Agreement? |
|---|---|---|---|---|---|---|---|
|
Select all that apply from the drop-down below |
Text field [maximum 1,500 characters] |
Select from:
|
Select all that apply:
|
Select from:
|
Text field [maximum 2,500 characters] | Text field [maximum 2,500 characters] |
Select from:
|
[Add Row]
Focus of policy, law or regulation that may impact the climate drop-down options (column 1)
- Adaptation and/or resilience to climate change
- Carbon tax
- Circular economy
- Climate-related targets
- Electricity grid access for renewables
- Emissions trading schemes
- Energy attribute certificate systems
- Extended Producer Responsibility (EPR)
- Food security
- Green electricity tariffs
- International trade agreement
- Low-carbon, non-renewable energy generation
- Mandatory climate-related reporting
- Methane emissions
- Minimum energy efficiency requirements
- New fossil fuel energy generation capacity
- Renewable energy generation
- Subsidies for fossil fuel exploration and/or extraction
- Subsidies for renewable energy projects
- Subsidies on products
- Sustainable finance
- Taxes on products
- Traceability requirements
- Transparency requirements
- Verification and audits
- Other, please specify
Requested content
Focus of policy, law or regulation that may impact the climate (column 1)
- This column relates to the general area in which the legislation that your organization is engaging on falls.
- The data from this column allows data users to assess comparable legislative developments across multiple geographies.
- There is no need to provide details on all legislation types – only those on which you have been actively engaging in the reporting year.
Specify the policy, law or regulation on which your organization is engaging with policy makers (column 2)
- Provide the name of the legislation and the key actions it proposes.
Country/region the policy, law or regulation applies to (column 4)
- This column only appears if “Regional”, “National”, “Sub-national” is selected in “Policy, law or regulation geographic coverage” (column 3)
- If the policy, law, or regulation is at the sub-national level, select “Other, please specify” and specify the region(s) within a nation to which it applies.
Your organization’s position on the policy, law or regulation (column 5)
- This should reflect your organization's overall position on this particular legislation. For example:
- “Support” – select this option if you are engaging in full support of this legislation across all the geographies in which you are engaging on it.
- “Support with minor exceptions” – select this option if you are engaging in support of this legislation with either minor exceptions to the approach or with minor exceptions to geographies for whom it is proposed and where you are actively engaging. For example, if you support the principle of but oppose certain ways in which it is being applied, select this option. You will be given the chance to explain any exceptions in column 7.
- “Support with major exceptions” – select this option if you are engaging in support of this legislation with either major exceptions to the approach or with major exceptions to geographies for whom it is proposed and where you are actively engaging.
- “Neutral” – select this option if you have taken part in engagement activities for this legislation but have not put forward a view.
- “Oppose” – select this option if you have been engaging against this legislation across all relevant geographies.
- “Undecided” – select this option if you have been engaging on this legislation at an early stage in the development process and have yet to give an opinion or attempt to influence the policy development process in any direction.
Description of engagement with policy makers (column 6)
- Use the text field to provide details of how your organization is engaging (e.g., responding to a consultation, meeting directly with policy makers, etc.) on the legislation.
Details of exceptions (if applicable) and your organization’s proposed alternative approach to the policy, law or regulation (column 7)
- This column only appears if “Support with minor exceptions”, “Support with major exceptions”, or “Oppose” is selected in “Your organization’s position on the policy, law or regulation” (column 5)
- If your organization supports the legislation with exceptions, provide details of the exceptions and what you would propose in their place.
- If your organization opposes the legislation, provide details of an alternative legislative approach that you feel would more effectively reduce carbon emissions in the corporate sector. For example, if you support mandatory climate-related reporting but oppose its schedule for implementation, you should propose an alternative legislative timeframe for the implementation of mandatory climate-related reporting.
Have you evaluated whether your organization’s engagement is aligned with the goals of the Paris Agreement? (column 8)
- Alignment with the goals of the Paris Agreement: refers to the Paris Agreement long-term temperature goal, as expressed in relevant IPCC reports, in particular the IPCC Sixth Assessment Report (AR6) and the IPCC Special Report on Global Warming of 1.5°C (SR1.5).
- Engagement that is aligned with the Paris Agreement could include, for example:
- Support of legislation that aims to reduce emissions in line with the Paris Agreement e.g. government subsidies on electric vehicles and associated implementation technology.
- Opposition of legislation that risk to detail Paris Agreement e.g. legislative approval of new fossil fuel extraction or generation facilities in a particular jurisdiction.
Example response
| Focus of policy, law, or regulation that may impact the climate |
Specify the policy, law, or regulation on which your organization is engaging with policy makers | Policy, law, or regulation geographic coverage |
Country/region the policy, law, or regulation applies to | Your organization’s position on the policy, law, or regulation | Description of engagement with policy makers | Details of exceptions (if applicable) and your organization’s proposed alternative approach to the policy, law or regulation | Have you evaluated whether your organization’s engagement is aligned with the goals of the Paris Agreement? |
|---|---|---|---|---|---|---|---|
| Mandatory climate-related reporting |
The UK Department for Business, Energy & Industrial Strategy (BEIS) consultation on Business Energy Efficiency | National | United Kingdom |
Support with no exceptions | Attended the BEIS public webinar and responded to the consultation on Mandatory climate-related financial disclosures by publicly quoted companies, large private companies and LLPs. | N/A | Yes, we have evaluated, and it is aligned |
| Emissions trading schemes | EU ETS | Regional | EU27 Iceland Norway Liechtenstein United Kingdom |
Support with minor exceptions | Met directly with policymakers from the European Commission’s Directorate-General for Climate Action, to communicate the commercial benefits and risks of phase IV proposals for the EU ETS. | We broadly support the phase IV proposals, however we advocate for a more ambitious 3% annual reduction in the overall number of emission allowances, as opposed to the current rate of 2.2%. | Yes, we have evaluated, and it is aligned |
