Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Strong | Sumitomo Mitsui Trust Holdings provides a reasonably detailed picture of its climate-related lobbying. It identifies two concrete public-policy agendas it has tried to influence, namely Japan’s Sixth Strategic Energy Plan and the creation of a national carbon-pricing system, and explains its involvement in multilateral efforts such as the Investors Policy Dialogue on Deforestation that seek tighter land-use rules in Brazil and Indonesia. The company is most explicit about how it lobbies: it describes direct dialogue with Japanese policymakers on the future power-generation mix, letters and meetings with Brazil’s government (including the Central Bank Governor and Ambassador to Japan), and participation in collaborative platforms such as the IPDD and the Net Zero Banking Alliance, together revealing multiple clear mechanisms and the specific governmental targets of those actions. It also states the outcomes it pursues, such as stricter anti-deforestation regulation in Brazil and Indonesia and adoption of carbon pricing in Japan, going beyond broad net-zero aspirations to set out the policy changes it supports. While the disclosures do not yet catalogue every individual climate policy the group addresses, they nevertheless offer strong transparency across the policies, methods and objectives of its lobbying activities. | 3 |