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| Overall Assessment |
Analysis |
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Limited
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Nippon Building Fund Inc. has established a limited governance process for its external engagement activities by requiring that any collaboration which could lead to public statements must receive the approval of its representative director, as described in "①外部組織との協働に当たっては、対外的な表明につながるために責任者である代表取締役の承認を経る必要があります." This indicates at least one formal oversight mechanism is in place. However, the company acknowledges it has no current public commitment to align its engagement with the Paris Agreement, stating "No, but we plan to have one in the next two years," and we found no evidence of any procedures for monitoring or aligning direct lobbying activities or evaluating positions of industry associations. The company does not disclose any climate-lobbying review process beyond this approval step.
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| Overall Assessment |
Analysis |
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Limited
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Nippon Building Fund Inc provides a basic level of transparency on its climate-related lobbying. It identifies one concrete engagement – discussions with Japan’s Ministry of Land, Infrastructure, Transport and Tourism on revision of the real-estate sector TCFD guidance – and specifies the mechanism used, describing these interactions as opinion exchanges with that ministry. However, it does not point to any other policies and does not confirm that this is the full extent of its lobbying activity. The company also offers only a broad objective of aligning with the Paris Agreement and does not explain what specific changes it hopes to see in the TCFD guidance or any other regulation. As a result, while the disclosure makes clear who was approached and on what issue, it leaves most details about desired policy outcomes and the scale of its overall lobbying portfolio undisclosed.
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