Eskom Holdings Soc Limited

InfluenceMap Score
C+
Performance Band
69%
Organisation Score
60%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Sunninghill, South Africa
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Eskom Holdings’ (Eskom) lobbying on climate change appears to be mixed, albeit limited. The company’s top-line communications and engagement with specific regulations is broadly positive. However, the company has lobbied negatively on the energy transition with support for the continued role of coal and natural gas in the energy mix.

Top-line Messaging on Climate Policy: Eskom’s engagement with top-line messaging on climate policy appears to be positive, albeit limited. In a September 2021 tweet, the company acknowledged the need to take immediate action to reduce global emissions in line with the IPCC. Eskom's CEO, Andre De Ruyter, stated in 2020 that the organization is not a “climate change denialist” in media source News24. Eskom is also supportive of carbon pricing being used as a form of climate change regulation, as stated in its 2019 integrated report, but has not stated a clear position on other forms of climate regulation. Furthermore, on Twitter in 2018, the company appeared to state support for the Paris Agreement and helping South Africa reach its objectives.

Engagement with Climate-Related Regulations: Eskom appears to have relatively low engagement with climate-related regulations, although it appears broadly positive. The company’s position on the introduction of a carbon tax in South Africa changed from opposition in its 2018 integrated report to support in its 2019 integrated report. Nevertheless, in 2019 Reuters reported that the postponement of the tax’s introduction was due to Eskom’s (amongst others) concerns surrounding prices and profitability.

Additionally, the organization appeared to oppose the curtailment of the renewables premium rebate in its 2018 integrated report, advocating for extending the legislation to support renewable energy. In its 2020 integrated report, Eskom positively engaged with South Africa’s GHG emission reduction targets, supporting a target for emissions to “peak by 2025, plateau for up to a decade, and then decline in absolute terms from 2036”.

Positioning on Energy Transition: Eskom appears to have a broadly negative position on the energy transition. The organization has continued to support the role of coal in South Africa’s energy mix, including on Twitter in 2018, and also in a media statement on clean coal technologies in 2021. Also in 2021, according to Bloomberg, the company appeared to support natural gas having a greater role in the energy mix. Eskom’s 2019 integrated report also seemed to advocate for natural gas to partner renewables in the energy mix.

However, Eskom appears to be supportive on the integration of greater renewable energy in the energy mix. In a August 2021 tweet, Eskom appeared to support a transition towards renewables under South Africa's Integrated Resources Plan 2019 (IRP19). This was echoed by CEO De Ruyter in Eskom’s 2021 Business Day, who appeared to support higher levels of renewable energy to be integrated in South Africa’s energy mix.

Industry Association Governance: In its 2019 integrated report, Eskom publicly disclosed a list of some of its industry association memberships. However, it does not comment on their climate-related lobbying activities, nor has it published a full audit disclosure of its links to trade associations. However, in its 2020 integrated report, the company did not publicly disclose any industry association memberships.

Additional Note: The South African government is the sole shareholder in Eskom. It is likely that Eskom retains channels of direct and private engagement with South African officials that InfluenceMap is unable to assess. As this is not publicly available information, it is not reflected in Eskom's engagement intensity metric.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
2 NS NA NS NS 2 NS
Alignment with IPCC on Climate Action
NS 1 NA NS NS 2 NS
Supporting the Need for Regulations
1 NS NA NS NS NS NS
Support of UN Climate Process
1 1 NA NS NS NS NS
Transparency on Legislation
0 NA -2 NA NA NA NS
Carbon Tax
0 NS NS NS -1 NS NS
Emissions Trading
NS NS NS NS NS NS NS
Energy and Resource Efficiency
NS NS NS NS NS NS NS
Renewable Energy
2 NS NS NS NS NS NS
Energy Transition & Zero Carbon Technologies
0 -1 NS NS 0 1 NS
GHG Emission Regulation
2 NS NS NS NS NS NS
Disclosure on Relationships
-1 NS -2 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
67%
 
67%

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.