Nippon Steel Corp

Suggestions on public policies, opinions as the industry, and cooperation with government [...] Recommendations on national strategy to achieve a "virtuous cycle of environmental sustainability and economic growth," the need for policies that will strengthen the international competitiveness of industries, and energy policy [...] Promotion of voluntary initiatives by industry to achieve Japan's medium- to long-term targets based on the Paris Agreement (Carbon Neutral Action Plan) [...] Involvement in the formulation of "Towards Green Transformation" by Keidanren (Japan Business Federation), etc. [...] Adherence to relevant laws and regulations, and building of an appropriate relationship with government and public institutions [...] Based on the Nippon Steel Group's Corporate Philosophy and Code of Conduct, we have developed company rules and guidelines for the prevention of bribery of domestic and foreign public officials, compliance with anti-monopoly law and environmental regulations, and protection of personal information. We make sure that our officers and employees are aware of and adhere to laws and regulations and other rules.

Concerning the Company's efforts to address climate change issues, important matters are reported to the Board of Directors as they arise, and major progress is reported on a regular basis. In addition, opinions received from various stakeholders, including institutional investors, are regularly reported and fed back to the Board of Directors. [...] The Company shall disclose annually, climate-related and decarbonisation-related policy positions and lobbying activities globally, including its own direct lobbying and industry association memberships, and review these for alignment with the Company's goals of carbon neutrality by 2050 and explain the actions it will take if these activities are determined to be misaligned.