Hitachi Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Hitachi offers only limited transparency around its climate-policy lobbying. It identifies one concrete area of engagement – the work of the TCFD Consortium and the associated recommendations on climate-related reporting – and alludes more generally to climate-finance initiatives such as the Bilateral Offset Credit Mechanism, but it does not name any other specific laws or regulations it seeks to influence. The company describes a few channels through which it conveys its views, such as the chairman’s participation in the government-run Future Investment Council and its seat on the planning committee of the TCFD Consortium, where it submits opinions to government agencies including Japan’s Ministry of Economy, Trade and Industry. Beyond this, however, it supplies no detail on other mechanisms such as formal consultations, letters, or meetings, nor does it consistently identify the policymaking bodies addressed. The outcomes it pursues are framed in broad terms—expanding TCFD-based disclosure, supporting decarbonisation, and contributing to carbon-neutrality goals—without pinpointing specific legislative amendments, targets, or regulatory changes it wants adopted. Altogether, the disclosures give only a high-level picture of the company’s climate lobbying, leaving most of the concrete policies, methods and desired policy results unspecified. 1
Lobbying Governance
Overall Assessment Comment Score
Moderate Hitachi discloses a formal mechanism for aligning at least some of its climate-related advocacy with corporate climate goals, but the description remains limited in scope and detail. The company states that The written opinion submitted by Hitachi High-Tech to the business association is submitted after confirming the direction and consistency of Hitachis long-term goals We are checking the consistency of the written Hitachis opinions submitted to trade associations through the participation of Sustainability Committee with exchange of opinions, indicating an articulated process to review indirect lobbying statements before they are filed. Oversight responsibility is placed with a senior body: Hitachi reports important matters to the Sustainability Committee chaired by Hitachis CEO, and Hitachi High-Tech participates in and exchanges opinions with Hitachis Sustainability Committee, and more broadly, Important items related to environmental initiatives in the Hitachi Group are deliberated by the Executive Sustainability Committee, chaired by the executive chairman and CEO of Hitachi, Ltd. These quotes demonstrate that a named committee chaired by the CEO reviews climate-related engagement activities. Hitachi also makes a public commitment that its advocacy will be Paris-aligned, stating Yes when asked whether it has a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement. However, the disclosures do not describe a systematic review of direct lobbying undertaken by Hitachis own government-affairs staff, nor do they provide a public audit of trade-association alignment or detail how inconsistencies are resolved; for example, the company notes only that We will also seek ways to address potential inconsistencies without outlining criteria, timelines or consequences. 2