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Overall Assessment |
Comment |
Score |
Comprehensive |
Omron Corp. provides a high level of transparency around its climate lobbying activities by clearly identifying the specific policies it engages with, detailing the methods and targets of its efforts, and articulating the outcomes it seeks. The company reports its involvement in the GX League established by the Ministry of Economy, Trade and Industry in April 2022, engagement on industry-specific guidelines for mandatory carbon reporting set by METI and the Financial Services Agency, and work on voluntary emissions trading market rules and credit trading. It discloses holding direct meetings with both the Ministry of the Environment and METI, participating in the GX Management Promotion Working Group, leading dialogue sessions organized by METI and the FSA, and contributing to the development of TCFD guidance projects. Omron explicitly states its objectives for these engagements—launching voluntary emissions trading in FY2023, establishing detailed target-setting and performance confirmation rules for credit trading, conducting trading system demonstrations, and aligning its efforts with the Paris Agreement—demonstrating comprehensive transparency in its climate policymaking advocacy.
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4
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Overall Assessment |
Comment |
Score |
Moderate |
Omron Corp. demonstrates a defined process for aligning its indirect lobbying through industry associations with its climate goals, for example by stating that it “regularly review[s] the campaigns of industry associations to ensure that there is no significant conflict between their ideas and ours,” and that if they “identify significant misalignments … we will move forward to take escalation steps,” which may include “issuing an official statement to distance ourselves from the association/initiative,” “withdrawing funding,” or “ending membership.” They further report that “in fiscal 2023, there were no significant misalignments found with the trade associations we were in,” indicating active monitoring and management of these relationships. Oversight of these activities is embedded within their broader sustainability governance, with “monitoring and oversight by the board” and reporting through “the Sustainability Committee and Executive Council,” and annual discussion of progress with “the Board of Directors.” However, the company does not disclose specific procedures for ensuring that its direct lobbying efforts themselves are aligned with its climate-change policy, nor does it name a dedicated individual or committee responsible solely for overseeing lobbying alignment.
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2
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