RWE

InfluenceMap Score
C-
Performance Band
57%
Organisation Score
60%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Essen, Germany
Brands and Associated Companies
RWE Innogy, RWE power

Climate Lobbying Overview: RWE appears to have taken a more progressive position on climate policy in 2020 following a sustained period of negative climate lobbying in Europe from 2015-19. In 2020, RWE has stated its support for ambitious policy action at EU level including measures to increase the effectiveness of the EU ETS, the 2030 GHG target, and renewable energy mechanisms. However, despite top-line support for the energy transition, evidence suggests continued opposition to coal phase-out plans in Europe in 2017-21.

Top-line Messaging on Climate Policy: In 2020, RWE has expressed its support for the Paris Agreement and for ambitious climate action under the EU Green Deal and its net zero by 2050 target. RWE’s position on the need for climate change regulation appears to be mixed. The company signed a Global Wind Energy Council joint letter in 2021 to express support for the implementation of a policy and regulatory framework for renewable energy, and support carbon pricing mechanisms. However, CEO Markus Krebber, appeared to suggest concerns surrounding loss of competitiveness from a climate policy framework, while also stressing preference for a market-based mechanism approach in 2021 on CNBC.

Engagement with Climate-Related Regulations: RWE has actively engaged on market-based regulation, particularly the EU Emissions Trading System (ETS). In its 2020 Sustainability Report, published in March 2021, the company stated support for reforms to the EU ETS, including strengthening the market stability reserve and bringing forward the target trajectory for CO2 reduction to 2030. In November 2020, RWE directly lobbied the UK government to support a post-Brexit UK ETS, although it rejected the introduction of a carbon tax. A 2021 company blog also suggests the RWE is supportive of the linking of the EU and UK ETS. However, RWE appears to be unsupportive of the EU’s Carbon Border Adjustment Mechanism, with Krebber highlighting concerns of industrial competitiveness on Twitter in 2021.

RWE’s engagement with other forms of climate regulation appears to have become more positive since 2020. The company has previously lobbied against ambitious GHG emissions legislation, for example Germany’s 2020 GHG target in 2018 and the EU’s 550g emissions standard for the capacity market in 2017. However, the company stated support for the UK government’s 2035 78% GHG emission reduction target on Twitter in 2021 and also supported increased ambition for the EU’s 2030 GHG emission target, and Effort Sharing Regulation in 2021. RWE has also supported the increase in ambition for the EU’s Renewable Energy Directive in a 2021 consultation response.

Positioning on Energy Transition: RWE also appears to have taken a more positive position on the energy transition since 2020. In 2017-2019, the company strongly opposed the phase-out of coal in the UK, the Netherlands and Germany, labelling Germany’s phase-out date of 2038 “far too early” in January 2019. In February 2021, RWE filed a lawsuit to seek compensation for the Dutch Government's plans to phase-out coal by 2030, and Sky News have reported in September 2021 that legal action is ongoing. However, RWE appears to have softened its approach on the coal phase-out in Germany. In July 2020, CEO Rolf Schmitz called for the German Coal Phase-out Act to be ratified quickly to provide legal certainty and handle job losses. However, in 2021, the Telegraph reported that RWE had advocated for compensation for the phase out of coal.

In its 2020 corporate reporting, RWE has also stated its support for the decarbonization of the energy sector, the expansion of renewable energy, and the development of green hydrogen production. In November 2020, RWE stated its support for Liquified Natural Gas as a “bridging technology” but without clear conditions related to CCS, methane emissions, or a timeline for phase-out. The company also appeared to support a significant acceleration in renewable energy capacity in the EU, as part of a CEO joint letter sent to European policymakers in 2021.

Industry Association Governance: RWE discloses its industry association memberships and has published a review of the company’s alignment with their positions on climate change. However, this review did not disclose any details on the climate positions and influencing activities of its industry associations, nor did it disclose a framework for addressing potential cases of misalignment. The company found no cases of misalignment with its industry associations, which appears to overlook the negative lobbying activities of several industry associations including Federation of German Industries (BDI), BusinessEurope and Euracoal.

A detailed assessment of the company's industry association review can be found on our CA100+ webpage here.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
2 2 NS NS NS NS NS
Alignment with IPCC on Climate Action
1 2 NA 1 0 -1 NS
Supporting the Need for Regulations
1 2 NS NS 1 0 NS
Support of UN Climate Process
1 2 NS 0 0 1 NS
Transparency on Legislation
0 NA -1 NA NA NA NS
Carbon Tax
-1 -1 NS -2 -2 -1 NS
Emissions Trading
2 0 1 0 1 1 NS
Energy and Resource Efficiency
1 NS 0 0 -2 -2 NS
Renewable Energy
1 2 1 1 -1 -1 NS
Energy Transition & Zero Carbon Technologies
0 1 NS 1 -1 0 -2
GHG Emission Regulation
1 2 2 1 1 -2 NS
Disclosure on Relationships
1 NS -1 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
86%
 
86%
 
61%
 
61%
 
67%
 
67%
 
42%
 
42%
 
76%
 
76%
 
44%
 
44%
 
48%
 
48%
 
64%
 
64%
 
64%
 
64%
 
85%
 
85%
 
41%
 
41%

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.