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Overall Assessment |
Comment |
Score |
Strong |
Sojitz Corp has provided focused transparency on its climate-policy lobbying by clearly naming the specific policy it engaged with—the "Acquisition of carbon credits through a joint crediting mechanism (JCM) based on carbon capture, utilization, and storage (CCUS)"—and detailing its scope in Indonesia under the themes of low-carbon innovation and R&D. The company thoroughly describes how it pursued this policy through proposals to Lemigas (under Indonesia’s Ministry of Energy and Mineral Resources), by introducing Japex as a project partner, and by recommending to NEDO that it conduct a feasibility study. It also articulates the outcomes it seeks, namely to "acquire a large number of carbon credits" and to "simultaneously secure energy resources and curtail greenhouse gas emissions" via the CCUS project, demonstrating a high level of clarity around the objectives driving its engagement.
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3
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Overall Assessment |
Comment |
Score |
Moderate |
Sojitz Corp discloses a governance process for ensuring that its engagement activities align with its climate change strategy, particularly its decarbonization goals. The Sustainability Committee, chaired by the President & CEO Masayoshi Fujimoto and composed of directors and executives, plays a key role in confirming that policies are consistent with the company's goal to contribute to a decarbonized society. The company states that "when directly or indirectly participating in government policies, the Sustainability Committee confirms that the policies are in line with our goal to contribute to the realization of a decarbonized society." This indicates a mechanism for oversight and alignment of lobbying activities with climate goals. Additionally, the company conducts scenario analyses on business areas impacted by climate change, with results reported to the Sustainability Committee, which deliberates and approves decarbonization targets. However, while the governance framework mentions oversight and alignment processes, it does not provide detailed monitoring mechanisms or explicitly address indirect lobbying through trade associations. Furthermore, there is no evidence of a publicly available lobbying audit or review to assess alignment with climate-related goals. This suggests a moderate level of governance, with some oversight and alignment processes disclosed but lacking comprehensive monitoring and reporting details.
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2
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