Building on work undertaken in recent years by stakeholders on several continents, the Global Standard on Responsible Corporate Climate Lobbying was instigated by investors to provide a framework for assessing both direct and indirect corporate lobbying in a relevant, systematic and credible manner.

Corporate climate lobbying comprises those activities carried out by corporations or their agents to directly or indirectly influence climate-significant policy decision-making by political or bureaucratic actors. Such lobbying can have a significant impact on the stringency and effectiveness of public climate policy.

Climate lobbying and the resulting policy environment is not only a matter of societal concern, but also an issue of material, financial, significance for corporations and their investors.

Direct lobbying: involves direct contact between the lobbying entity and public policy decision-makers;

Indirect lobbying: the lobbying entity seeks to influence public policy indirectly by shaping and mobilising public opinion.

The goal of the Global Standard is that companies, investors and other stakeholders can ensure that all lobbying efforts – whether delivered at first-hand or through an intermediary such as a trade association – are directed towards activities that positively support attainment of the Paris Goals.

The Context

The time for action on climate lobbying is now: