Corporate climate policy engagement: reporting template
We Mean Business Coalition
Responsible businesses know that cutting emissions and transitioning to clean energy builds resilience across their operations and supply chains. To meet their goals faster, companies need an enabling policy and regulatory environment. Responsible Policy Engagement (RPE) describes how companies advocate for public policies that support achievement of their climate and sustainability targets, the internal processes that align corporate functions to do so, and how companies disclose their advocacy to build trust and accountability.
This template is designed to support companies in their RPE disclosure by guiding them through the process of drafting a corporate climate policy engagement report. These reports are produced by companies to provide transparency to stakeholders including NGOs and investors. They cover direct advocacy to policymakers and indirect advocacy by trade groups in relation to science-aligned climate policy pathways, and the overall governance and methodologies in place to ensure their advocacy supports corporate strategy.
To develop the template, the Coalition consulted with companies and investors over the summer and autumn of 2024, analyzed the reports already published by companies, and engaged with InfluenceMap on the methodology it uses in benchmarking reports. Based on this research, it is clear that there is significant room for improvement in how companies approach climate policy engagement reporting. It is a new area for many companies, and we see a variety of approaches and methodologies.