Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
JTEKT Corp demonstrates a moderate governance process for climate-related lobbying by focusing on aligning its indirect lobbying through industry associations. The company states that "JTEKT is involved in public policy mainly through industry associations (KEIDANREN - Japan Business Federation, Japan Auto Parts Industries Association, The Japan Bearing Industry Association, Japan Machine Tool Builders’ Association)" and that, "when the industry associations make decisions on public policy proposals...if there is a significant deviation from JTEKT’s climate change strategy, the company tries to align its views in the process of expressing its opinions at the meetings." At the same time, it participates in "decision-making meetings and subordinate advisory meetings" where it "discusses them internally with the relevant departments in advance to confirm alignment with JTEKT’s strategies," and its "Council for Enhancement of Corporate Value deliberates on the issues" when necessary. JTEKT further confirms a public commitment, answering "Yes" to the question of whether it aligns engagement activities "in line with the goals of the Paris Agreement." However, we found no evidence of a similar process for direct lobbying, and the company does not disclose a publicly available audit of its climate lobbying activities or name a Board-level committee or senior executive responsible for oversight of its lobbying alignment.
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