thyssenkrupp AG
What do our scores mean?
The organizational score represents the degree to which the organization influencing climate policy and legislation. Corporations also have relationship scores reflecting their links with influencers like trade associations. Both are combined to place the corporation in a performance band. Full details can be found here.
Engagement Intensity
The engagement intensity (EI) is a metric of the extent to which the company is engaging on climate change policy matters, whether positively or negatively. It is a number from 0 (no engagement at all) to 100 (full engagement on all queries/data points). Clearly energy companies are more affected by climate regulations and will have a higher EI than, for example retailers. So an organization’s score should be looked at in conjunction with this metric to gauge the amount of evidence we are using in each case as a basis for scoring. On our scale, an EI of more than 35 indicates a relatively large amount of climate policy engagement.
Relationship Score, December 2020
A new batch of industry associations has been uploaded onto the InfluenceMap system and the relationship scores recalculated accordingly.
Updated terminology, February 2021
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
- Details of Organization Score
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What do the 0,1,2 and NSs, NAs mean?
Each cell in the organization's matrix presents a chance for us to assess each data source against our column of climate change policy queries. We score from -2 to 2, with negative scores representing evidence of obstructive influence. "NA" means "not applicable" and "NS" means "not scored" - that is we did not find any evidence either way. In both cases, the cell's weighting is re-distributed over others. Red and blue cells represent highly interesting negative or positive influence respectively. Full details can be found here.
- Details of Relationship Score
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What is the Relationship Score
A corporation, as well as its organizational score will have a relationship score. It is computed by aggregating the organizational scores of the Influencers (trade bodies etc.) it has relationships with, weighted by both the strength of these relationships and the relative importance of the Influencers towards climate change policy. Full details can be found here.
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QUERIES
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DATA SOURCES | |||||||
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Main Web Site
The main organizational Web site of the company and its direct links to major affiliates and attached documents. |
Social Media
We search other media and sites funded or controlled by the organization, such as social media (Twitter, Facebook) and direct advertising campaigns of the organization. |
CDP Responses
We assess and score responses to two questions from CDP's climate change information request (12.3 a & 12.3c) related to political influence questions (currently these are not numerically scored by the CDP process). |
Legislative Consultations
Comments from the entity being scored on governmental regulatory consultation processes, including those obtained by InfluenceMap through Freedom of Information requests. |
Media Reports
Here we search in a consistent manner (the organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
CEO Messaging
Here we search in a consistent manner (the CEO/Chairman, organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
Financial Disclosures
We search 10-K and 20-F SEC filings where available, and non US equivalents where not. . |
EU Register
Information provided by to the voluntary EU Transparency Register. |
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Communication of Climate Science
Is the organization transparent and clear about its position on climate change science? |
NS | NS | NS | NS | NS | NS | NS | NA |
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Alignment with IPCC on Climate Action
Is the organization supporting the science-based response to climate change as set out by the IPCC? (the IPCC) |
0
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1
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NA |
0
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1
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NS | NS | NA |
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Supporting the Need for Regulations
To what extent does the organization express the need for regulatory intervention to resolve the climate crisis? |
0
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1
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NA |
-1
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1
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-1
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-1
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NA |
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Support of UN Climate Process
Is the organization supporting the UN FCCC process on climate change? |
1
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NS | NA |
1
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NS | NS | NS | NA |
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Transparency on Legislation
Is the organisation transparent about its positions on climate change legislation/policy and its activities to influence it? |
0
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NA |
-1
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NA | NA | NA | NS | NA |
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Carbon Tax
Is the organisation supporting policy and legislative measures to address climate change: carbon tax. |
NS | NS | NS |
-1
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-1
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NS | NS | NA |
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Emissions Trading
Is the organisation supporting policy and legislative measures to address climate change: emissions trading. |
0
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NS |
-1
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-1
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-1
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-1
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NS | NA |
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Energy and Resource Efficiency
Is the organization supporting policy and legislative measures to address climate change: energy efficiency policy, standards, and targets |
NS | NS |
-1
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NS | NS | NS | NS | NA |
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Renewable Energy
Is the organization supporting policy and legislative measures to address climate change: Renewable energy legislation, targets, subsidies, and other policy |
NS |
1
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NS |
0
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NS |
1
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NS | NA |
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Energy Transition & Zero Carbon Technologies
Is the organization supporting an IPCC-aligned transition of the economy away from carbon-emitting technologies, including supporting relevant policy and legislative measures to enable this transition? |
0
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0
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NS |
0
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1
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1
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NS | NA |
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GHG Emission Regulation
Is the organization supporting policy and legislative measures to address climate change: GHG emission standards and targets. Is the organization supporting policy and legislative measures to address climate change: Standards, targets, and other regulatory measures directly targeting Greenhouse Gas emissions |
NS | NS | NS |
0
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NS |
0
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NS | NA |
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Disclosure on Relationships
Is the organization transparent about its involvement with industry associations that are influencing climate policy, including the extent to which it is aligned with these groups on climate? |
0
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NS |
-1
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NA | NA | NA | NS | NA |
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior executive is the Chairman of the Climate Policy working group
Andreas Theuer
Open PDF file of Data Source
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Chairman of the Supervisory Board of Thyssenkrupp is the President of BDI
Siegfried Russwurm
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior ThyssenKrupp Executive is Chairman of the Environment, Technology and Sustainability Committee.
Andreas Theuer
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of Thyssenkrupp is vice president of BDI
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior executive is the Chairman of the Climate Policy working group
Andreas Theuer
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Chairman of the Supervisory Board of Thyssenkrupp is the President of BDI
Siegfried Russwurm
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior ThyssenKrupp Executive is Chairman of the Environment, Technology and Sustainability Committee.
Andreas Theuer
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of Thyssenkrupp is vice president of BDI
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A ThyssenKrupp executive is a member of the ERT
Guido Kerkhoff
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is a member of ERT
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A ThyssenKrupp executive is a member of the ERT
Guido Kerkhoff
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is a member of ERT
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A ThyssenKrupp executive is a board member of Eurofer.
Andreas J. Goss
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is on the board of Eurofer
Andreas J. Goss
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A ThyssenKrupp executive is a board member of Eurofer.
Andreas J. Goss
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is on the board of Eurofer
Andreas J. Goss
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
ThyssenKrupp is a direct member of WorldSteel
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is on the Executive Committee of the World Steel Association
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
ThyssenKrupp is a direct member of WorldSteel
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of ThyssenKrupp is on the Executive Committee of the World Steel Association
Heinrich Hiesinger
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Head of Technical Services & Energy at thyssenkrupp Steel Europe is a member of VIK board which is a member of IFIEC
Dr.-Ing. Jens Reichel
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Head of Technical Services & Energy at thyssenkrupp Steel Europe is a member of VIK board which is a member of IFIEC
Dr.-Ing. Jens Reichel
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.
Climate Lobbying Overview: thyssenkrupp appears to be lobbying predominantly negatively on climate change policy, with high engagement. The company seems to not support reforms to key climate policy such as the EU Emissions Trading System, but is a strong advocate for hydrogen to decarbonize heavy industry. The company holds several influential positions in the Federation of German Industries (BDI), which is lobbying negatively on climate change.
Top-line Messaging on Climate Policy: In 2021, on its corporate website, thyssenkrupp supported efforts to limit global temperature increase to 1.5°C, and tweeted support for the EU Green Deal as a “roadmap to a climate neutral economy” in 2021. The company to be supportive of climate regulation, but seemed to stress that competitiveness must be considered equally with climate protection in its 2019/2020 annual report. In feedback to the EU 2030 Climate Target Plan in 2020, thyssenkrupp appeared to emphasize the threat of carbon leakage in voicing opposition to increasing the ambition of EU climate policy.
Engagement with Climate-Related Regulations: thyssenkrupp does not appear to support reforms to the EU Emissions Trading Scheme, advocating instead for the strengthening of carbon leakage measures, such as free emissions allowances, in feedback to the EU 2030 Climate Target Plan in 2020. In the same feedback, the company suggested that any Effort Sharing Regulation policies should not apply to ETS sectors to avoid extra burdens on companies. In feedback on the EU’s carbon border adjustment mechanism roadmap in 2020, thyssenkrupp supported the policy as an additional protective instrument alongside the existing EU ETS carbon leakage protection. In feedback to the EU 2030 Climate Target Plan in 2020, the company did not seem to support increasing the GHG emissions target, stressing that the carbon leakage risk must be eliminated before tightening targets.
Positioning on Energy Transition: thyssenkrupp appears to support the energy transition, with Eurometal reporting in January 2021 that the company supports a political framework to decarbonize the steel sector. The company seems strongly supportive of hydrogen to reduce emissions from heavy industry, advocating for framework conditions to support the ramp up of hydrogen in response to the EU’s roadmap on the Hydrogen Strategy in 2020. In a press release in 2020, the company appeared to support green hydrogen, but has also advocated for creating hydrogen using natural gas and CCS in a 2021 press release.
Industry Association Governance: thyssenkrupp is a member of several trade associations which are lobbying negatively on climate change policy, although it does not seem to disclose a full list of its memberships, nor the climate policy positions of the associations or how the company is influencing the groups. The company holds several influential positions on committees in the Federation of German Industries (BDI), which takes a negative stance on climate policy, and the Chairman of the supervisory board of thyssenkrupp is President of the association. The company does not appear to have published a report regarding misalignment between the positions of itself and its trade associations.