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Overall Assessment |
Comment |
Score |
Limited |
Fast Retailing offers only a basic view of its climate-policy lobbying. It indicates that it looks at "energy efficiency and renewable energy" measures in key sourcing countries such as Bangladesh, Cambodia, China and Vietnam, but it does not identify any particular law, regulation or bill that it has tried to influence. The company describes participation in the Fashion Industry Charter for Climate Action’s Working Group on Policy Engagement and says it "holds dialogues with governments" to discuss the support the sector needs, yet it leaves the exact method of contact and the specific government bodies unnamed. Finally, its stated aim is simply to "accelerate climate change initiatives in the fashion industry," without clarifying the concrete regulatory changes or targets it seeks. Together, this information signals a limited level of transparency on the policies, mechanisms and outcomes of the company’s climate-related lobbying.
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1
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Overall Assessment |
Comment |
Score |
Moderate |
Fast Retailing discloses a moderate governance structure that links climate-related engagement with internal oversight, but the depth of its lobbying governance remains limited. The company explains that its Sustainability Department "reviews consistency or inconsistency between our climate change strategy and engagement activities of global sustainability members and other relevant departments" and then "monitors that the efforts including engagement activities of business divisions and each office are aligned with the company’s climate change strategy." Oversight is clearly assigned: "Sustainability Committee meetings are attended by our internal directors… and involve discussions regarding various sustainability policies" while the committee is chaired by the representative director, and "the Company Chairman and President… appoints directors and executive officers in charge of sustainability," demonstrating named senior responsibility for supervising engagement activities. Fast Retailing also notes that it "regularly participate[s] in meetings with industry groups such as the Fashion Industry Charter and Sustainable Apparel Coalition (SAC), and the Sustainability Department confirms that their approach and directions are consistent with our climate-related policy," indicating some mechanism to check indirect advocacy alignment. However, we found no evidence of a formal public commitment to align all lobbying with the Paris Agreement (“No, and we do not plan to have one in the next two years”), no description of how direct lobbying of policymakers is monitored, and no procedures for correcting or exiting trade associations whose positions may conflict with its climate goals. The disclosures therefore show a defined process and senior oversight, but limited detail on active alignment actions or coverage of direct lobbying activities.
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