Nippon Paint Holdings Co Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

#### (4.11.8) Describe the process your organization has in place to ensure that your external engagement activities are consistent with your environmental commitments and/or transition plan

_Our major direct and indirect external activities are reported several times a year by the Global Teams to the Co-Presidents and by the Co-Presidents to the Board of_
_Directors, to ensure that they are aligned with Nippon Paint's policies and strategies related to climate change and water. In addition, we have recently received many_
_inquiries from customers and external organizations about our resource strategy, including our environmental performance (the status of GHG emissions and water_
_use). To ensure consistency in our initiatives, the department in charge of ESG promotion and sustainability checks each time whether the content of external responses_
_is consistent with our environmental policy and strategy, and consults with our Global Teams on important items so as to make sure that they are aligned with such_
_policy and strategy. If any inconsistency is found, this process will be repeated again until consistency is ensured through re-consultation with our related parties and_
_stakeholders involved._

https://www.nipponpaint-holdings.com/en/sustainability/assets/files/name/cdp_e.pdf

In addition, through our membership in the Japan Chemical Industry Association, we confirm whether policies align with our strategies. Our main direct and indirect activities with external parties are reported to the ESG Committee on a quarterly basis to verify whether they align with our climate change strategy. To ensure consistency of these initiatives, the ESG Promotion Department, which is the secretariat for the ESG Committee, regularly checks whether responses align with our strategies. Material matters are delegated to subcommittees and the global team, with these matters taken up as issues of the ESG Committee to check whether they align with our strategies and policies. In the event consistency is found to be lacking, we hold discussions again with related parties inside the company and stakeholders involved in the policy, repeating this process until consistency is achieved. Matters requiring approval are discussed by the ESG Committee and then approved by the Board of Directors to ensure they align with strategies and policies.

https://www.nipponpaint-holdings.com/en/sustainability/environment/climatechange/