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InfluenceMap’s 2021 Climate Policy Footprint report identifies the world’s most obstructive corporate and industry association holding back Paris Agreement-aligned climate policy. The research highlights the fact that a corporation’s influence over policy and regulations may have a far more profound impact on climate change than the physical emissions associated with its operations, suppliers and products (Scope 1,2 & 3 emissions impact). InfluenceMap terms this as "Scope 4 impact" to illustrate that systemic policy influencing by companies needs to be considered alongside physical emissions when evaluating a company and climate change.
InfluenceMap's platform covers over 350 of the largest industrial companies globally. The top five most negatively influential global companies on Paris-aligned climate policy are in order: ExxonMobil, Chevron, Toyota, Southern Company and Sempra, the North American energy infrastructure company headquartered in California.
US oil companies lead the list of the most negative and influential companies on climate globally with ConocoPhillips (7th), Phillips 66 (12th), Valero Energy (13th) and Occidental Petroleum (22nd) all in the top 25. The results reflect intense resistance by the sector to the Biden Administration’s efforts to transition the US economy away from fossil fuels.