Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
Furukawa Electric has a structured process to align its external engagement with its decarbonization objectives, particularly in its trade‐association activities. The company notes that its Japanese operations “belong to two industry groups, The Japan Electric Wire & Cable Maker’s Association and Japan Copper and Brass Association,” and “strives to align its policies and strategies in the manner not to have confliction” with the carbon‐neutral action plans of those bodies. Should “inconsistency happening with consistency or strategy within the organization” arise, it “will be put on the agenda at Furukawa Electric Group Environmental Committee, which is a special committee of the Risk Management Committee,” and after “discussions and deliberation on the response,” “the results will be promptly reported to the Board of Directors,” which “is responsible for overseeing all risks, including climate change, and ESG management in general.” This indicates a clear mechanism for monitoring and governing indirect engagement through industry groups and formal oversight by a dedicated committee and the Board. However, we found no evidence of a parallel governance process for direct lobbying activities—such as an articulated review of government advocacy—or a detailed climate‐lobbying audit or third‐party assessment, and the company does not disclose a specific individual charged with reviewing its policy‐influence efforts even though it declares a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement.”
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