Takeda Pharmaceutical Co Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Takeda Pharmaceutical Co Ltd has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, such as the "Japanese Government's 2050 Net Zero Emissions Target," and provided additional details on areas like "Carbon pricing, taxes, and subsidies" and "Carbon taxes." It also disclosed its advocacy for the development of a renewable energy PPA system and the introduction of carbon pricing in Japan, along with position papers on Japan's NDC and power generation consignment charges. Takeda has been explicit about its lobbying mechanisms and targets, detailing its participation in meetings with high-ranking officials, including the Japan Minister of Environment, Minister for Administrative Reform, and Deputy Minister of Economy, Trade and Industry, as well as its submission of a "written opinion directly to the Prime Minister of Japan" and participation in the "advisory Panel for the National Council of Agency for Natural Resources and Energy." The company has also been transparent about the specific outcomes it seeks, such as the introduction of carbon pricing, the realization of a renewable energy PPA system, and the expansion of renewable energy in Japan to enhance corporate competitiveness and support a sustainable society. These disclosures collectively illustrate Takeda's comprehensive approach to climate lobbying transparency. 4
Lobbying Governance
Overall Assessment Comment Score
Strong Takeda demonstrates strong governance in its climate lobbying processes through the establishment of the Climate Action Steering Committee, which includes an "External Advocacy and Engagement" workstream. This workstream "engages with various government, industry, and non-government organizations on climate change policy and initiatives in line with Takeda's stated climate change goals and position on climate change." The governance process is led by the EHS team in partnership with the Global Public Affairs team, ensuring that "activities that could influence policy are in line with our overall climate strategy." Additionally, Takeda has published a public position statement on climate change, which was developed collaboratively by the EHS and Public Affairs teams and underwent review and approval by the Public Affairs Leadership Team, comprising Public Affairs Heads across all nine business units and global functions, "to ensure alignment." The committee meets monthly, indicating regular monitoring and oversight of climate-related issues. These measures indicate a defined governance process with monitoring details and responsible parties overseeing climate lobbying alignment. 3