Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
Taiyo Yuden discloses a formal process that links climate-related engagement to senior oversight, stating that "The progress of our group's strategy related to climate change is deliberated in the environment promotion committee chaired by the Director and Executive Vice President" and that the committee "collect[s] information through JEITA … and engagement of institutional investors, customers, and suppliers" before escalating the matter to the "sustainability committee chaired by the President and Chief Executive Officer" and ultimately to the board where "the actions are determined." This chain of review indicates a mechanism for monitoring and approving climate-related engagement activities and names the specific bodies and officers responsible, which suggests a degree of governance beyond simple compliance. In addition, the company makes a "public commitment … to conduct [its] engagement activities in line with the goals of the Paris Agreement," demonstrating an intention to align advocacy positions with climate goals. However, the disclosure does not describe how direct lobbying positions are reviewed, whether trade associations’ policy stances are assessed for alignment, or whether the company undertakes any formal audit of its lobbying activities. We found no evidence of procedures to correct or exit misaligned associations, nor any public reporting on the outcome of such reviews. Overall, the presence of a defined oversight structure and stated alignment commitment indicates moderate governance, while the absence of detailed monitoring of direct and indirect lobbying activities and of any lobbying-alignment audit limits the strength of the framework.
View Sources
|
C |