Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Comprehensive | JFE Holdings discloses a high level of detail on every aspect of its climate-policy lobbying. It identifies the specific measures it engages on, including deliberations over “the future of Japan’s carbon tax” in the Ministry of the Environment’s Subcommittee on the Use of Carbon Pricing, the Japanese government’s GX Promotion Act, and METI’s “Technology Roadmap for Transition Finance in the Iron and Steel Sector.” The company is equally clear about how it seeks to influence these policies: it describes direct presentations and recommendations by its President at the 8th GX Implementation Council and the 56th Meeting of the Advisory Committee for Natural Resources and Energy, active participation in METI and MOE working groups, and involvement in international forums such as the Japan-India Steel Industry Public-Private Collaborative Meeting. Targets of these efforts are named explicitly, including the Ministry of Economy, Trade and Industry, the Ministry of the Environment and other Japanese government bodies. JFE also articulates the outcomes it is pursuing, calling for “long-term and continuous government support for R&D and facility implementation of discontinuous innovation,” support measures to lower the cost of non-fossil electricity, public procurement policies to “stimulate demand for green steel,” and infrastructure development for hydrogen, CCS and other decarbonisation enablers. Together, these disclosures demonstrate comprehensive transparency around the company’s climate-related lobbying. | 4 |