Marubeni Corp

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Strong	Marubeni Corporation demonstrates robust transparency in its climate-policy lobbying. It clearly identifies three distinct policy initiatives: Japan’s Ministry of Economy, Trade and Industry (METI) “Green Growth Strategy,” the revision of the next Basic Energy Plan, and the METI-established “Green Transformation League” (GX League). The company discloses its lobbying mechanisms through its roles as a “constituent member” of the Public-Private Council for the Introduction of Fuel Ammonia and as a participant in the GX League, each targeting METI and related ministries and agencies. Marubeni articulates the outcomes it seeks, including the expansion of fuel ammonia use, contributions to policy revisions under the Green Growth Strategy and Basic Energy Plan, and the formation of market rules for voluntary credits and carbon offsets. It has explicitly stated its support for these policies “with no exceptions” and confirmed alignment with the Paris Agreement, demonstrating a high level of clarity around the objectives of its lobbying efforts.	3

Lobbying Governance

Overall Assessment	Comment	Score
Limited	Marubeni Corp indicates in a questionnaire response that it “has a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? […]Yes,” yet its disclosures otherwise focus on investment processes such as how “The Corporate Management Committee periodically reviews the business vision and strategy” and the role of an “Investment and Credit Committee,” with no mention of any governance structures, named roles, or review processes for its lobbying or policy advocacy. We found no evidence of a dedicated lobbying governance policy, no description of how direct or indirect lobbying is monitored or aligned with climate positions, and no identified oversight by a specific individual or board committee, suggesting that while there is a broad climate-related engagement stance, the mechanisms for implementing and overseeing lobbying alignment are not disclosed.	1