Olympus Corp – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Olympus Corp has taken preliminary steps to align its external engagement with its climate commitments by publicly committing to conduct engagement activities in line with the goals of the Paris Agreement and supporting JEITA’s “Carbon Neutral Action Plan.” For example, Olympus states that it “support[s] the ‘Carbon Neutral Action Plan’ set forth by JEITA ... and has set its own targets consistent with the ‘Carbon Neutral Action Plan’,” and that as a JEITA member it “exchange[s] opinions on the goals and action plan and make[s] requests to the association as appropriate.” However, the company does not disclose any formal governance process for reviewing or monitoring its climate-related lobbying activities, nor does it identify a specific individual or formal body responsible for overseeing alignment of either its direct or indirect lobbying with its climate strategy. We found no evidence of board sign-off, periodic audit, or trade association review procedures, and the process for ensuring that its lobbying efforts are aligned with its stated climate goals is not clearly defined. View Sources	C

Overall Assessment

Analysis

Score

Moderate

Olympus Corp has taken preliminary steps to align its external engagement with its climate commitments by publicly committing to conduct engagement activities in line with the goals of the Paris Agreement and supporting JEITA’s “Carbon Neutral Action Plan.” For example, Olympus states that it “support[s] the ‘Carbon Neutral Action Plan’ set forth by JEITA ... and has set its own targets consistent with the ‘Carbon Neutral Action Plan’,” and that as a JEITA member it “exchange[s] opinions on the goals and action plan and make[s] requests to the association as appropriate.” However, the company does not disclose any formal governance process for reviewing or monitoring its climate-related lobbying activities, nor does it identify a specific individual or formal body responsible for overseeing alignment of either its direct or indirect lobbying with its climate strategy. We found no evidence of board sign-off, periodic audit, or trade association review procedures, and the process for ensuring that its lobbying efforts are aligned with its stated climate goals is not clearly defined.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	No evidence found	E