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| Overall Assessment |
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TSRC provides no detail on its climate-related lobbying activities. It references policies such as “China’s CAFE standards,” “EU 2019/631 of the European Union’s Green New Deal,” and the U.S. “NHTSA’s CAFE standards,” but only in the context of compliance and product adjustments rather than efforts to influence policy. The company does not describe any lobbying mechanisms—such as meetings, letters, or formal consultations—nor does it identify any policymakers, government bodies, or industry groups it has targeted. Additionally, TSRC does not articulate any specific policy positions, desired amendments, or outcomes, leaving its objectives and influence efforts entirely unspecified.
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| Overall Assessment |
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TSRC Corp has established a robust ESG governance structure, including that “The Board of Directors has commissioned the CEO to lead an eight-member Executive Leadership Team (also referred to as the ESG Steering Committee)” which “reports to and receives approval from the Board of Directors on the development of the ESG organizational structure, the planning framework, and the ESG strategies and objectives.” The company further states that it has “established an ESG Sustainable Development Team within the Corporate Development Department” and formed “a cross-functional group named TSRC ESG Partners” that “regularly reports to the Executive Leadership Team on the progress and outcomes of its implementation efforts.” However, we found no evidence that the company discloses any mechanisms, processes, or specific individuals or bodies responsible for governing its lobbying activities—direct or indirect—or for ensuring alignment of its lobbying with climate or broader policy objectives.
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