Orica Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Orica Ltd provides a highly detailed picture of its climate-policy advocacy. It names numerous specific measures it has engaged on, including the Federal Government’s reform of the Safeguard Mechanism, the Corporate Emissions Reduction Transparency (CERT) report pilot, an Australian Carbon Border Adjustment Mechanism, the Independent Review of Australian Carbon Credit Units, the Safeguard Crediting Mechanism, and Alberta, Canada’s Technology Innovation and Emissions Reduction Regulation Review, among others. The company also explains how it lobbies: it describes “direct advocacy” through policy submissions, collaborative working groups and government inquiries, participation in industry associations such as the Carbon Market Institute, Ai Group, Chemistry Australia and Fertiliser Canada, and direct meetings with “Federal department officials, parliamentary members, and local representatives.” Specific targets are identified, including the Australian Clean Energy Regulator and federal government departments, as well as officials involved in the Alberta TIER review. Orica is explicit about the policy changes it seeks, backing “the proposed decline in baselines” and the creation of Safeguard Mechanism Credits, urging that “deemed surrender should be grandfathered for the duration of existing contracts,” supporting inclusion of “Ammonia and hydrogen and derivatives such as Ammonium Nitrate” in an Australian CBAM to “ensure sovereign manufacturing remains competitive,” and recommending amendments to the CERT design such as clearly disclosing the GHG scopes covered by corporate targets. This combination of clearly identified policies, well-described lobbying channels and targets, and specific desired outcomes demonstrates a comprehensive level of transparency around the company’s climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Moderate Oricas governance framework for climate-related advocacy demonstrates strong oversight of industry association engagement but lacks explicit governance processes for direct lobbying activities. Its approach is governed by an internal group standard which outlines business requirements in relation to memberships aligning to business needs, internal approval pathways and responsible advocacy, and it requires that representations to stakeholders are consistent with any Orica Group positions on regulatory or government-related issues. Furthermore, climate change is a material governance and strategic risk which is overseen by the Orica Board, and control over memberships rests with the Regional President or Managing Director and CEO, with the Vice President Corporate Affairs maintaining visibility of industry association memberships that are across more than one country. Each membership has a designated relationship owner ensuring industry association engagement aligns with Oricas climate and energy policy positions, and a corporate register underpins ongoing industry association reviews. However, we found no evidence of a corresponding review process for Oricas direct lobbying or any publicly available audit of climate-related advocacy, suggesting the framework is robust for trade-association engagement but does not clearly extend to direct lobbying oversight. 2