Japan Exchange Group Inc

Japan Exchange Group Inc has established a governance process for climate-related engagement that indicates structured oversight of its direct policy engagement. It states that "engagement related to climate change is done, as a rule, directly by the Sustainability Department, which is in charge of ESG-related activities across the group," with detailed activities "reported to the Sustainability Committee," comprised of the CEO (Committee Chair), the COO (Committee Vice-Chair) and the executive officer responsible for sustainability, who "discuss specific activities in response to these reports and ensure that they are aligned with JPX Group's strategy." This demonstrates a clear mechanism and named oversight for aligning direct climate lobbying with the company's strategy. However, the company acknowledges "No, and we do not plan to have one in the next two years" when asked about a public commitment to the Paris Agreement, and we found no evidence of any process to manage or align indirect lobbying through trade or industry associations. The company does not disclose broader climate-lobbying alignment policies or reviews beyond direct engagement, indicating that its governance framework does not yet fully address all channels of policy influence or broader climate governance commitments.