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Resonac Holdings Corp

ISIN: JP3368000000 | Japan | Asia-Pacific
Score 1 - Limited
Full assessment

Resonac Holdings Corp appears to have limited formal governance over its climate-related lobbying, centering its approach on senior executives' engagement in government-led forums without detailing an internal oversight framework. The company reports that "Showa Denko's executives have met officials of the Agency for Natural Resources and Energy, listened to explanation from them on how the policies were examined and promoted, and discussed repeatedly with them on behalf of the industry," and that its former Chairman "has been chairing the 'Committee on Energy and Resources' of KEIDANREN," through which it aligned "our target of and strategy for achieving net zero by 2050 with the Japanese government's target of achieving carbon neutrality by 2050." While the company confirms a "public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement," it does not disclose any internal policy or structured review process for lobbying activities, nor does it name a specific individual or governance body responsible for overseeing the alignment of its direct or indirect lobbying with its climate objectives.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Asia-Pacific or all companies in Japan.