Berkshire Hathaway

InfluenceMap Score
E-
Performance Band
32%
Organisation Score
22%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Industrials
Head​quarters:
Omaha, United States
Brands and Associated Companies
Geico, General Re, Heinz, Burlington Northern Santa Fe Corporation

Berkshire Hathaway has very limited disclosure on its climate change policy positions, however, appears to have taken a number of pro-coal stances. At the same time, the company retains links to various powerful trade groups highly opposed to US climate change policy. In March 2015, CEO Warren Buffet appears to have publicly questioned the science, or likely impact of, climate change as well as demonstrating support for the Keystone XL Pipeline. In 2016, he suggested it is “highly likely” rather than “certain” that “climate change poses a major problem for the planet”. Despite this, Berkshire Hathaway’s website continues to state “coal’s importance in a balanced energy portfolio cannot be denied.” CEO Warren Buffet has also stated that he believes hydrocarbons will continue to remain in the energy mix “five hundred years from now”, and has separately suggested that he expects the continuation of coal generation. Whilst Berkshire Hathaway has stated support for renewable targets in states such as Oregon and California, in 2016-2017, Berkshire Hathaway owned NV energy supported anti-distributed solar legislation in Nevada and Idaho. The executive of a major subsidiary, BNSF, holds a senior position in the US Chamber of Commerce and BNSF is also a member of other trade associations actively opposing US climate change policy and regulations, including the National Mining Association and the American’s Power

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency NS NS NA NS NS 0 NS NA
Climate Science Stance NS 1 NA NS NS NS NS NA
Need for Climate Regulation NS NS NS NS NS NS NS NA
UN Treaty Support NS 1 NA NS NS 1 NS NA
Transparency on Legislation -2 NA NA NA NA NA NS NA
Carbon Tax NS NS NA NS -1 NS NS NA
Emissions Trading NS NS NA NS NS -1 NS NA
Energy Efficiency Standards NS NS NA -1 NS NS NS NA
Renewable Energy Legislation -2 0 NA -2 0 -2 NS NA
Energy Policy and Mix -1 1 NA 1 0 -1 NS NA
GHG Emission Standards NS NS NA -2 0 NS NS NA
Disclosure on Relationships -2 NS NA NA NA NA NS NA
Climate Lobbying Governance NS NS NS NS NS NS NS NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
21%
 
21%
 
22%
 
22%
 
14%
 
14%
 
45%
 
45%
 
11%
 
11%

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.