Lobbying Governance
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Tosei Reit Investment Corp discloses a clear structure for managing climate-related risks but provides no information on lobbying governance. For example, “Addressing climate change risks is pursued by the REIT Division ESG Committee as one of its ESG initiatives,” and the integrated management of risks “is handled by the Risk & Compliance Committee, which reports directly to the board of directors.” However, we found no evidence of any policy or process for overseeing or aligning its lobbying activities—direct or indirect—with its climate objectives, nor any named individual or formal body responsible for reviewing or approving lobbying positions.
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