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Terumo Corp

ISIN: US88156J1051 | United States | North America
Score 2 - Moderate
Full assessment

Terumo Corp outlines a structured process for aligning its policy engagement with its climate change strategy under the oversight of its Terumo Group EHS Committee and Executive Management Meeting. For instance, it explains that "important issues are placed on the agenda of the Terumo Group EHS Committee and the Executive Management Meeting to ensure consistency with the Company's climate change strategy" and that it "report[s] back to the Terumo Group EHS Committee" after seminars on climate issues. The company leverages indirect lobbying channels by stating "We are members of FPMAJ (Federation of Pharmaceutical Manufacturers' Associations of Japan) and The Intravenous Solution Society to ensure that our views are reflected and that public policy is consistent with our strategy" and through participation in the Japan Climate Initiative, where it "announced our support for a message calling for a 40-50% renewable electricity target for FY2030." It further notes that if a conflict arises, "the EHS Committee will discuss the conflict ... and recommend a direction to each organization based on our thinking," indicating a formal mechanism to resolve misalignment. However, the company does not disclose any specific individual responsible for lobbying oversight, nor does it describe a dedicated process for governing direct lobbying engagement beyond association memberships, leaving key governance elements around direct lobbying and defined officer roles unclear.

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 North America or all companies in United States.