Oil Search

InfluenceMap Score
D+
Performance Band
52%
Organisation Score
50%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
Sydney, Australia
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Oil Search communicates mixed positions on climate change policy. The company has stated support for global agreements and government regulations on climate change. At the same time, it appears to support a continued role for oil and gas in the future energy mix. Disclosure regarding the company’s engagement with other policy areas and specific regulations is highly limited.

Top-line Messaging on Climate Policy: Oil Search has communicated a broadly positive position on climate policy in its top-line communications. As of March 2021, the company has acknowledged the environmental risk associated with fossil fuels production, and stated support for global agreements in line with the global warming trajectory of 2°C in its corporate reporting. In its current statement on climate change, available on the company’s website (last accessed in March 2021), Oil Search advocated for government policy to respond to climate change but provided no further details as to what specific policies it would support.

Engagement with Climate-related Regulations: Oil Search has stated on its website that it engages directly with government authorities on the development of environmental legislation (last accessed in March 2021). As of March 2021, the company has stated support for emissions trading schemes as an efficient response to climate change in its corporate reporting. InfluenceMap has not been able to find additional evidence of engagement with climate-related regulations from public data sources.

Positioning on Energy Transition: Oil Search appears to support a continued role for fossil fuels in the future energy mix. As of March 2021, the company asserted that oil and gas will continue to have a major role to play in meeting global energy demand as the world is transitioning to a low-emissions energy system. This position is also communicated by the company’s chairman in its Annual Report, published in 2020, as he suggested that low-cost oil and gas has a role in supporting the energy transition without mentioning a timeframe or the need for any abatement measures.

Industry Association Governance: Oil Search has limited disclosure on its industry association memberships. Its membership in industry associations is disclosed sporadically in different sources, with no further description of the positions of the associations on climate policies or how it has influenced them. Additionally, Oil Search has not responded to the 2020 CDP Climate Change survey, and its 2019 CDP disclosure only provided information of its membership in three associations, i.e. the PNG Chamber of Mines and Petroleum, the International Association of Oil and Gas Producers, and International Petroleum Industry Environmental Conservation Association. Oil Search is also a member of the Australian Petroleum Production and Exploration Association (APPEA), an industry association that appears to be engaged negatively in climate policy lobbying in Australia.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
0 NS NS NS NS NS 1
Alignment with IPCC on Climate Action
1 1 NA NS NS NS NS
Supporting the Need for Regulations
1 1 NS NS NS NS NS
Support of UN Climate Process
1 1 NS NS NS NS NS
Transparency on Legislation
-2 NA -2 NA NA NA NS
Carbon Tax
NS NS NS NS NS NS NS
Emissions Trading
1 NS NS NS NS NS NS
Energy and Resource Efficiency
NS NS NS NS NS NS NS
Renewable Energy
NS NS NS NS NS NS NS
Energy Transition & Zero Carbon Technologies
-1 -1 NS NS NS -1 -1
GHG Emission Regulation
NS NS NS NS NS NS NS
Disclosure on Relationships
-1 NS -2 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
51%
 
51%
 
40%
 
40%
 
51%
 
51%
 
65%
 
65%
 
34%
 
34%

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.