InfluenceMap Score
D
Performance Band
55%
Organisation Score
35%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Materials
Head​quarters:
Stockholm, Sweden
Official Web Site:
Wikipedia:

Climate Lobbying Overview: SSAB appears to have mixed engagement with climate policy, a change in position from its previously predominantly negative approach. However, much of this more positive engagement stems from HYBRIT, a joint venture between SSAB, Vattenfall and LKAB to create a fossil-free steel value chain.

Top-line Messaging on Climate Policy: The company, through HYBRIT, in 2020 welcomed the EU’s goal of carbon neutrality by 2050, and voiced support for the European Green Deal and higher climate targets in 2019 following COP25. SSAB has previously emphasized the economic impacts of climate policies and stressed concerns about the effect on competitiveness.

Engagement with Climate-Related Regulations: SSAB seems to generally support emissions trading in public communications surrounding the HYBRIT project, yet in its 2019 CDP response the company emphasized concerns about carbon leakage due to the EU ETS and stated that the scheme should not have a cross-sectoral correction factor for manufacturers, which would make the scheme less effective. In feedback on the EU’s carbon border adjustment mechanism initiative in 2020, through the HYBRIT project SSAB expressed support for the instrument to prevent carbon leakage to protect European industry but requested that European manufacturers exporting goods not be subject to the mechanism, which would lower the price of carbon. The company has taken a mixed approach to GHG emissions legislation, in its 2019 CDP response stressing concerns around the economic and technical feasibility of GHG emissions standards, but stating on the corporate website that regulations on CO2 seem “virtually inevitable”.

Positioning on Energy Transition: SSAB appears to support the energy transition, the CEO in 2019 stating support for the decarbonization of the steel sector. The organization has consistently emphasized the importance of fossil-free electricity in order to transition the steel industry through the HYBRIT program, and in 2019 the CTO of SSAB and HYBRIT Chairman advocated for the EU to provide the necessary infrastructure for industries to utilize clean electricity to achieve climate targets.

Industry Association Governance: SSAB seems to have influential positions in several trade associations, through executive boards, in committees and working groups, which are lobbying negatively on climate change policy, such as Eurofer in Europe, and the American Iron and Steel Institute and the National Association of Manufacturers in the US. The company has not disclosed an audit of its alignment with the trade associations of which it is a member, but in response to CDP's 2020 Climate Change questionnaire the company has identified alignment with NAM and Eurofer. This negative indirect influence appears to contradict the company’s positive engagement with policy through HYBRIT.

here1

here2

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 2 NS NS NS 2 NS NA
Alignment with IPCC on Climate Action
1 1 NA 2 0 1 NS NA
Supporting the Need for Regulations
-1 1 NS 0 -1 0 NS NA
Support of UN Climate Process
0 1 NS NS 1 -1 NS NA
Transparency on Legislation
0 NA -1 NA NA NA NS NS
Carbon Tax
NS NS NS 1 NS NS NS NA
Emissions Trading
-1 0 -1 0 -1 -1 NS NA
Energy and Resource Efficiency
0 NS NS NS NS NS NS NA
Renewable Energy
0 NS NS NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
1 1 0 1 0 1 NS NA
GHG Emission Regulation
0 NS -1 -2 -2 NS NS NA
Disclosure on Relationships
0 NA 1 NA NA NA NS NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
27%
 
27%
 
49%
 
49%
 
36%
 
36%
 
33%
 
33%
 
43%
 
43%
 
46%
 
46%
 
43%
 
43%

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.