Daido Steel Co Ltd – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	Daido Steel has clearly outlined its sustainability oversight by noting that “We have established the Sustainability Committee (chaired by the President) as an advisory body to the Board of Directors, which meets monthly” and that it “established the ESG Management Department as the secretariat of the Sustainability Committee,” with the Committee having met ten times in fiscal 2022. However, we found no evidence of any internal mechanisms, oversight structures, monitoring procedures, or accountability measures specifically governing its lobbying activities or ensuring that direct or indirect lobbying is aligned with its sustainability or climate-related objectives. View Sources	E

Overall Assessment

Analysis

Score

None

Daido Steel has clearly outlined its sustainability oversight by noting that “We have established the Sustainability Committee (chaired by the President) as an advisory body to the Board of Directors, which meets monthly” and that it “established the ESG Management Department as the secretariat of the Sustainability Committee,” with the Committee having met ten times in fiscal 2022. However, we found no evidence of any internal mechanisms, oversight structures, monitoring procedures, or accountability measures specifically governing its lobbying activities or ensuring that direct or indirect lobbying is aligned with its sustainability or climate-related objectives.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Daido Steel offers only limited transparency on its climate-related lobbying. The disclosures do not describe any direct or indirect engagement with policymakers, provide no information on which government bodies or legislators the company approaches, and give no detail on the channels it might use, such as meetings, letters, or consultations. While the company references public programmes like the “Advanced Energy Conservation Investment Promotion Support Program,” the “Bilateral Credit (JCM) Promotion Project,” and “GX Economic Transition Bonds,” it does not indicate that it lobbied for, against, or to amend these measures. The company articulates broad ambitions—such as contributing to carbon neutrality, cutting domestic steel-sector CO₂ emissions by 30–50 percent, and promoting low-carbon technologies abroad—but it does not link these aspirations to any concrete legislative changes it seeks. As a result, the disclosures leave readers without a clear view of what climate policies the company tries to influence, how it attempts to do so, or the specific outcomes it pursues.	D