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Limited
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Sumitomo Bakelite Co Ltd affirms it has a “public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement,” indicating a willingness to align its lobbying activities with climate objectives. However, the company does not disclose any formal governance process or oversight structures for managing or monitoring these engagement activities, such as a named individual or committee responsible for review, nor does it provide details on how both direct and indirect lobbying efforts are assessed or aligned with its climate commitment. We found no evidence of a defined review procedure, board sign-off, or any monitoring mechanism to ensure that its lobbying remains consistent with the Paris Agreement goals, suggesting that while it has made a public pledge, it offers limited transparency on the governance of its policy engagement.
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| Overall Assessment |
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Limited
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Sumitomo Bakelite provides only limited insight into its climate-policy lobbying. The company indicates that it engages through the GX League, describing this forum as “a forum of a group of companies pursuing GX (Green Transformation) to engage in discussions and create markets to transform the economy and society,” but it does not explain what form its participation takes—such as letters, meetings or consultations—nor does it identify the government bodies or officials it addresses. Beyond citing its GX League membership and general alignment with Japan’s 2050 carbon-neutrality and 2030 emissions-reduction targets, the company does not name any particular bills, regulations or rulemakings it has sought to influence. Likewise, it voices broad support for achieving carbon neutrality but does not spell out the specific legislative or regulatory changes it seeks. This lack of detail on the precise policies engaged, the methods used, and the concrete outcomes pursued means the company’s disclosure remains high-level rather than fully transparent.
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