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Sumitomo Bakelite Co Ltd

ISIN: JP3409400003 | Japan | Asia-Pacific
Score 1 - Limited
Full assessment

Sumitomo Bakelite Co Ltd affirms it has a "public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement," indicating a willingness to align its lobbying activities with climate objectives. However, the company does not disclose any formal governance process or oversight structures for managing or monitoring these engagement activities, such as a named individual or committee responsible for review, nor does it provide details on how both direct and indirect lobbying efforts are assessed or aligned with its climate commitment. We found no evidence of a defined review procedure, board sign-off, or any monitoring mechanism to ensure that its lobbying remains consistent with the Paris Agreement goals, suggesting that while it has made a public pledge, it offers limited transparency on the governance of its policy engagement.

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.