Climate and energy policy advocacy
While business has a vital role in managing the risks and uncertainties of climate change, governments can support the challenge by providing enabling frameworks, including policies and programs, which increase momentum to shared net zero goals.
Our direct engagement on climate policy is underpinned by the climate commitments and principles which represent a guide to the positions taken in both direct and indirect advocacy. Overall advocacy positions will balance the commitment to these principles and the climate targets set with the need for an efficient permitting process that is essential for project development. This includes projects that decarbonise our operations or those that produce transition materials and support local communities and jobs in the regions where we operate.
We directly advocate for positive climate and energy outcomes. We’ve published aseries of briefing papers on our key emission sources and efforts to decarbonise specific assets. We also advocate on how policy settings can support our Scope 1 and 2 emissions reduction targets, which are aligned with the goal of limiting global warming to 1.5°C.
We actively engage on climate and energy policy with governments, industry and civil society in the countries where we operate in different ways to help shape policy, regulation and frameworks.
Governance of climate policy advocacy
Our Climate Policy and Advocacy team engages with industry associations, civil society organisations, investors, government bodies, and other stakeholders on climate-related policies, regulations, and reporting.
Submissions to direct government consultations on climate related policy are typically developed by this team in conjunction with subject matter experts or decarbonisation project leads, reviewed by our government relations and legal teams, and then approved by the relevant country Director or senior executive.
The Board approves our positions on climate change policy, our approach to engaging with industry associations and our annual review of indirect advocacy. Management is responsible for comparing our positions with those of individual industry associations on a “comply or explain” basis.
Australia