Toray Industries Inc

Lobbying Transparency and Governance

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Toray Industries provides a high level of transparency around its climate-policy lobbying. It identifies multiple concrete initiatives it has engaged with, including participation in the GX League and its GX Management Promotion Working Group, contributions to the March 2023 “Basic Guidelines for Disclosure and Evaluation of Climate Change-Related Opportunities,” work on the government’s GX Dashboard, and advocacy on a carbon-tax framework, thereby naming several distinct policies or policy instruments. The company also spells out how it lobbies and who it targets: it undertakes “direct communication and exchange of opinion and information with the relevant ministries, such as MOE,” submits public comments on draft policies, and channels recommendations through industry bodies such as Nippon Keidanren, the Japan Chemical Industry Association, and the Cabinet Secretariat, clearly identifying the Ministry of the Environment, METI and other ministries as specific targets. Finally, Toray discloses the precise outcomes it seeks, such as the inclusion of greenhouse-gas reduction contribution metrics in the GX Dashboard and in the Basic Guidelines, the “standardization of methodologies for calculating and conceptualizing reduction contributions,” ensuring incentives for business expansion and technology development that cut emissions along chemical and material supply chains, and its stated aim to “establish a regulation stimulating and supporting companies to develop and implement new technologies and products to realize carbon neutrality as solution provider.” By naming the policies, describing the lobbying channels and targets, and articulating the concrete policy changes it wants to see, the company demonstrates comprehensive transparency on its climate lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Limited Toray Industries has established robust climate oversight structures—including a Sustainability Committee “chaired by the president” and a Climate Change Subcommittee—and “progress on these activities is regularly reported to the Board of Directors, which appropriately monitors the Group’s climate change prevention measures.” The company also “holds discussions and pursues dialogue with affiliated economic organizations, industry associations, and government, working with these entities to achieve the goals of carbon neutrality and the Paris Agreement by 2050,” and it confirms “Yes” when asked, “Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?” However, we found no evidence of a specific policy or review process to ensure that direct and indirect lobbying efforts are aligned with its climate policy, no formal sign-off mechanism for lobbying positions, and no named individual or committee with explicit oversight of lobbying governance. The company does not disclose any mechanism for managing its trade association memberships or monitoring its lobbying activities against its climate goals. 1