Vistra Corp

InfluenceMap Score
D+
Performance Band
52%
Organisation Score
52%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Irving, United States
Wikipedia:

Climate Lobbying Overview: Vistra Corporation (Vistra) appears to have mixed engagement on climate-related policy, seeming to favor a market-based approach to climate change while it has opposed greenhouse gas emission standards and renewable energy policy. Vistra's engagement on the energy transition appears to be broadly positive, particularly with support for electrifying transportation and state-level policy aiming to phase out coal plants.

Top-line Messaging on Climate Policy: Vistra has mixed top-line messaging on climate policy. In its 2020 Sustainability Report, Vistra stated support for a US Nationally Determined Contribution (NDC) climate target of at least a 50% reduction by 2030 and net-zero emissions by 2050. However, Vistra appears to favor a market-based approach over climate regulation. In 2020, Vistra expressed support for the Federal Energy Regulatory Commission’s (FERC) carbon pricing proposal on Twitter in June and in executive comments directly to FERC in November. Vistra also communicated support in its 2020 Climate Report for the Climate Leadership Council’s carbon fee framework, a narrow version of climate policy that proposes a carbon price at the expense of other forms of regulation. Vistra CEO Curt Morgan tweeted similar support for the Climate Leadership Council’s carbon fee in June 2020. Vistra does not appear to explicitly support the Paris Agreement.

Engagement with Climate-Related Regulations: Vistra appears to have limited and mixed engagement with climate-related regulations. In both its 2020 CDP response and its 2020 Corporate Climate Report, Vistra has supported the Climate Leadership Council’s carbon tax. In 2020, the company showed support in its Sustainability Report for the U.S. setting a Nationally Determined Contribution (NDC) climate target of at least a 50% reduction by 2030 and net-zero emissions by 2050. In April 2018, Vistra supported the repeal of the Clean Power Plan and its replacement with the Affordable Clean Energy Rule in comments submitted to the US Environmental Protection Agency (EPA). During the same year, Vistra provided comments to the US EPA that supported a narrower scope for emissions standards from electric utility generating units in the New Source Review Program of the Clean Air Act.

Positioning on Energy Transition: Vistra appears to broadly support the energy transition overall. In 2020, Vistra stated support in its Climate Report for the Coal to Solar and Energy Storage Act in Illinois, which assists the transition of coal plants to renewable energy. Vistra also tweeted support in November 2020 for the Zero Emission Transportation Alliance and its support for the alliance’s goal of electrifying all vehicles by 2030. Similarly, the company stated support for electric vehicles in the state policy framework in comments to Texas Public Utility Commission in August 2020. In February 2020 Vistra CEO Curtis Morgan has shown support of reductions of natural gas in the global energy mix in a UtilityDive article. However, the company has opposed new fossil fuel and renewable energy subsidies without comment on existing subsidies in comments to the Federal Energy Regulation Commission in July 2020.

Industry Association Governance: Vistra Corp does not appear to disclose memberships to any industry associations in its corporate reporting. Similarly, Vistra has not published a review of its industry association memberships. In its 2020 CDP disclosure, Vistra only disclosed membership to two trade associations: the Electric Power Supply Association and the Nuclear Energy Institute. The company’s CEO Curtis Morgan is a member of the Business Roundtable, which appears broadly unsupportive of ambitious climate policy

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

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.