Centrica

InfluenceMap Score
C
Performance Band
61%
Organisation Score
63%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Berskshire, United Kingdom
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Centrica appears to be actively engaged on UK and European climate policy with mixed positions. While the company has strongly supported the EU Emissions Trading Scheme (EU ETS) and the UK Carbon Price Floor, it has advocated in favour of a long-term role for fossil gas in the energy mix.

Top-line Messaging on Climate Policy: Centrica’s engagement with top-line messaging on climate policy appears to be mixed. The company has stated support for the UK’s target to reach net zero emissions by 2050 on its corporate website in 2021, along with supporting net zero emissions by 2050 in the EU in 2019. In 2021, the company’s CEO, Chris O’Shea stated support for the UK government’s ten point plan for a green industrial revolution. Also, on its website, the organization has positively engaged on the Paris Agreement, specifically stating support for Article 6 on carbon market rules in 2019. Centrica appears to support market-based policy to respond to climate change, describing it as "the most cost-efficient way to drive carbon reductions" on its corporate website in 2019. However, Centrica's position on other forms of government regulation is unclear.

Engagement with Climate-Related Regulations: Centrica appears to have shown support for the EU ETS and suggested extending its scope and removing free allocations. In 2019 the company stated the EU ETS “will need to begin considering widening its scope of the scheme to capture other sectors” in a consultation on the future of UK carbon pricing. In the same consultation, the organization called for the continuation of the UK Carbon Price Floor following Brexit, and stated that “a continuing and escalating carbon price is needed to ensure lower-carbon assets are dispatched ahead of high-carbon assets”. A 2021 article from Utility Week suggested Centrica, alongside several other European utilities, supported the introduction of a carbon tax in the UK to deliver green heating ambitions.

Within its 2020 CDP Climate Change Disclosure, the company showed support for the UK’s Renewable Heat Incentive legislation, suggesting positively that the model should be transitioned to a capital grant model to address the barrier of upfront costs by providing a subsidy. It also made positive suggestions on the Energy Company Obligation, stating that it could be improved by “widening allowable measures to maximize savings for customers and better support the transition to a lower carbon future.”

Positioning on Energy Transition: Centrica’s support for the transition of the energy mix appears to be mixed. For example, on its website in 2019, it appeared to support the continued use of fossil gas in the energy mix without clear conditions relating to CCS or mitigating methane emissions. Chris O’Shea, appeared to reiterate this to Bloomberg in 2021, stating support for hydrogen alongside the role of fossil gas in the long-term. However, Centrica has strongly advocated for the decarbonization of the transport sector. For example, the company has supported infrastructure shifts to electric vehicles (EV) on Twitter in 2020, and advocated for greater regulation for EV charging infrastructure in its UK consultation response on EV smart charging in 2019. In 2021, Centrica stated its support in its 2020 annual report for the UK government’s policy to ban new petrol and diesel cars by 2030.

Industry Association Governance: Centrica does not appear to publicly disclose a full list of its industry association memberships and indirect climate-related lobbying activities, nor has it published a full audit disclosure of its industry links. The company is a member of Confederation of British Industry (CBI), an association that is broadly positively engaged on climate change policy. However, the company is also a member of Oil and Gas UK, which appear broadly opposed to ambitious climate change policy in the UK.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
1 NS NS NS -1 NS NS
Alignment with IPCC on Climate Action
1 2 NA 0 2 2 -1
Supporting the Need for Regulations
1 1 NS -1 NS 1 NS
Support of UN Climate Process
1 1 NS NS NS 2 NS
Transparency on Legislation
-1 NA 2 NA NA NA NS
Carbon Tax
2 NS 2 1 2 1 NS
Emissions Trading
2 2 2 2 NS 2 NS
Energy and Resource Efficiency
1 2 1 -2 NS -1 NS
Renewable Energy
-1 2 1 -2 -2 -2 NS
Energy Transition & Zero Carbon Technologies
0 1 NS 0 -1 0 NS
GHG Emission Regulation
-2 2 NS -2 NS 2 NS
Disclosure on Relationships
-2 NS 2 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
73%
 
73%
 
53%
 
53%
 
42%
 
42%
 
76%
 
76%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.