Engaging In Corporate Climate Advocacy
Corporate climate action is on the rise, but there are still critical policy gaps which must be addressed to enable businesses to deliver on their net zero goals. Though a growing number of companies have set voluntary science-based emissions reduction targets, they still represent a small minority of all companies. For significant action at scale, there is a need for clear, long-term policy direction across key areas to unlock further levers for decarbonisation and help businesses mobilise the levels of investment needed to meet their net zero targets.
Companies have a collective role to play in driving more ambitious government action on climate and are increasingly being expected to do so. In 2022, a coalition of leading international investors released a new Global Standard on Responsible Climate Lobbying, calling on companies to align their corporate lobbying activities with the goals of the Paris Agreement. In the same year, 71% of voters surveyed by GlobeScan stated that businesses should take a stance and actively support government action on climate change, highlighting the growing pressure that companies are facing to ramp up their climate policy engagement efforts. When done right, corporate climate advocacy can serve as a key enabler through which businesses can shape the climate policy agenda in line with their sustainability goals, exercise climate leadership, and demonstrate how they are working with governments to deliver on their net zero transition plans, as recommended by the Transition Plan Taskforce’s disclosure framework.
Engaging In Corporate Climate Advocacy - 2024 Webinar Series
To help businesses engage in effective, science-based climate advocacy, the UN Global Compact Network UK is organising a 4-part webinar series. This series will provide practical guidance on how companies can contribute towards driving the policy conditions needed to deliver on their net zero goals and will feature case studies of leading corporate climate policy engagement practices. Discussions will focus on:
- The principles and governance mechanisms that companies should implement to ensure the integrity and alignment of their climate advocacy strategies with the Paris Agreement objectives;
- The role that third-party associations can play in advancing (or undermining) a company’s advocacy efforts, and the steps companies can take to ensure alignment between their industry association memberships and their corporate net zero goals;
- The various mechanisms through which businesses can shape climate-related policymaking and counter the adverse influences of anti-climate lobbyists;
- How businesses should disclose their climate lobbying activities to increase transparency and avoid reputational and litigation risk.
Developing an Advocacy Strategy
Wednesday 17 April, 14:00-15:30 BST
This webinar will explore why corporate climate advocacy matters and the various ways in which businesses can influence climate-related policymaking. It will highlight some of the key principles and governance mechanisms that should be considered as part of devising an effective, Paris-aligned advocacy strategy, as well as how to create a culture of advocacy within the business.
Policy & Engagement Lead
Race to Zero
Environment Impact Lead – Global Public Affairs
Global Director of Advocacy
The Role of Industry Associations
Wednesday 24 April, 14:00-15:30 BST
This session will explore how companies can monitor their indirect climate-related corporate lobbying activities and positively engage in third-party coalitions to drive more ambitious government climate policies. It will outline the measures that businesses can take to ensure that the climate policy positions and lobbying activities of their industry associations are aligned with their own, and how to take corrective action where misalignment is identified.
Miguel Angel Muñoz Rodriguez
Head of Climate Policies and Alliances
Bankers for Net Zero
Driving Policy Change
Wednesday 15 May, 14:00-15:30 BST
This session will explore the various ways in which companies can use their levers of influence outside of membership in industry associations to create an enabling policy environment for net zero and counter the adverse influences of anti-climate lobbyists. It will highlight examples of responsible policy engagement tactics that companies are using to drive the climate policy agenda forward, either by engaging directly and responsibly with policymakers, or by mobilising their consumers to adopt pro-climate policy positions.
Disclosing to Stakeholders
Wednesday 22 May, 14:00-15:30 BST
This webinar will explore the extent to which companies are transparently disclosing the nature and scope of their climate-related lobbying activities under existing reporting standards and regulations. It will highlight how companies can improve their reporting practices to meet investor, customer, and employee expectations, as well as avoid legal and reputational risks.
- Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions (High-level Expert Group on the Net Zero Emissions Commitments of Non-State Entities)
- The Guide for Responsible Corporate Engagement in Climate Policy (UN Global Compact)
- A Framework for Responsible Policy Engagement (We Mean Business Coalition)
- The 5th P (Persuade) Handbook (Race to Zero)
- The Global Standard on Responsible Climate Lobbying
For any questions about this series, please contact Pauline Girma, Project Manager (Environment).