NEC Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong NEC Corporation provides a solid level of transparency about its climate-policy lobbying. It identifies several concrete policy files it has engaged on, including the implementation of the TCFD recommendations, proposals for “再生可能電力の導入拡大に伴う短期電力市場予測” (short-term electricity-market forecasting linked to greater renewable uptake), advocacy through the Japan Climate Initiative for raising Japan’s 2030 renewable-energy share to 40–50 percent, and a scheme to allow “地域内で発生する再エネ電力の余剰を同地域内の需要家間で融通する仕組み” that would facilitate local sharing of surplus renewable power. The company also spells out how it lobbies and who it targets: it “introduced” the electricity-market forecasting case study to Japan’s Ministry of Economy, Trade and Industry, held “意見交換を実施しました” (exchanges of opinions) with the Ministry of the Environment, and maintains structured dialogue with the national government via industry forums such as the Japan Climate Initiative. Finally, NEC is explicit about at least two concrete outcomes it seeks— raising the government’s 2030 renewable-energy target to 40–50 percent and creating mechanisms for intra-regional transfers of surplus renewable electricity—demonstrating clear policy objectives even though some other engagements are described more generally. Taken together, the disclosures offer strong clarity on the policies addressed, the channels used, and the changes the company is pursuing. 3
Lobbying Governance
Overall Assessment Comment Score
Moderate NEC appears to have a defined process to govern its climate-related advocacy, mandating that “members of the Business Strategy Council, which discusses and finalizes climate strategies of the entire NEC group, will be directly involved” whenever the company “engages with climate change policy makers,” and noting that it has “secured the consistency between each engagement activity and our group’s strategies across business divisions and geographies, by enforcing company rules” requiring this Council participation. The company further outlines that its “Environmental Management Promotion Committee” drafts climate policies, the “Corporate Officer in charge of the Environment confirms the council’s proposals and reports them to the Business Strategy Committee,” and that “participation in TCP was reported to the Business Strategy Committee and the Board of Directors, and the President approved the revision of the 2030 targets,” indicating multiple layers of board‐level and executive oversight. NEC also affirms – “Yes” – that it has a public commitment to align its engagement activities with the goals of the Paris Agreement. However, we found no evidence of a specific process to assess or manage the positions of its industry associations, leaving its indirect lobbying alignment unaddressed. 2