Nippon Steel Corp

Lobbying Transparency and Governance

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Nippon Steel Corp provides extensive, concrete information about its climate-related public-policy engagement. It names multiple identifiable policies and forums it seeks to influence, including the GX Promotion Act, the GX Decarbonization Electricity Act, the 7th Strategic Energy Plan, Japan’s Climate Change Adaptation Plan and NDC, as well as international standards such as the “revision of ISO, GHG protocol, etc.” and METI-hosted initiatives like the “Study Group on Green Steel for Green Transformation (GX).” The company is equally clear about how it lobbies: it describes direct advocacy such as “lobby the government for regulatory change” to embed life-cycle assessment, formal requests that “the government take measures to support heavy emission-producing industries,” membership on the Strategic Policy Committee under the Advisory Committee for Natural Resources and Energy of the Ministry of Economy, Trade and Industry, participation in the Government GX Implementation Committee and GX League working groups, and presentations at venues such as the COP-linked “Japan Pavilion Side Event.” Finally, Nippon Steel spells out the policy outcomes it is pursuing, advocating for “policies to achieve carbon neutrality in the materials industry,” the “promotion of nuclear power utilization,” creation of “a market for green steel” that ties emissions reductions to economic value, “reform [of] electric power systems,” and the “development of a roadmap to realize CCUS implementation,” among others. This level of detail across the policies addressed, the mechanisms and targets used, and the specific legislative or regulatory changes sought demonstrates a very high degree of transparency in the company’s climate-policy lobbying. 4
Lobbying Governance
Overall Assessment Comment Score
Moderate Nippon Steel Corp has established a defined climate lobbying governance process under which important matters are reported to the Board of Directors as they arise, and major progress is reported on a regular basis, and opinions received from various stakeholders, including institutional investors, are regularly reported and fed back to the Board of Directors, indicating senior-level oversight of climate policy engagement. The company further commits that 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 Companys goals of carbon neutrality by 2050 and explain the actions it will take if these activities are determined to be misaligned, demonstrating a systematic process to monitor and align both its direct and indirect lobbying. We found no evidence of an independent or third-party audit to verify the annual alignment assessments or clarify the criteria and remedial actions that would follow identified misalignments, leaving some implementation details and enforcement mechanisms unclear. 2