Toray Industries Inc.

InfluenceMap Score
D-
Performance Band
44%
Organisation Score
41%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Chemicals
Head​quarters:
Tokyo, Japan
Official Web Site:

Climate Lobbying Overview: Toray has limited direct engagement with climate policy, both in Japan and globally. Its climate efforts, including GHG reduction targets, are focused on its Japan Business Federation (Keidanren) and value chain, rather than on the wider issue. However, Toray is a member of industry associations such as , which has lobbied against certain Paris aligned goals. Japan Business Federation (Keidanren) and value chain, rather than on the wider issue. However, Toray is a member of industry associations such as , which has lobbied against certain Paris aligned goals.

Top-line Messaging on Climate Policy: Toray has not clearly communicated its position on the need to tackle climate change in line with IPCC recommendations, and has not clarified its position on climate change policy, instead focusing on its internal emission reduction activities. In 2019, the CEO of Toray commented on resolving common international issues set forth in the Paris Agreement on climate change, however, no specific details of this action has been found by InfluenceMap.

Engagement with Climate-Related Regulations: In 2019, Toray appears to be concerned with reducing GHG emissions and implementing energy efficiency standards within the organization, however, it is unclear if it supports legislative energy efficiency standards or targets. There is a lack of clear disclosure on specific climate policies and regulation that Toray has engaged with.

Positioning on Energy Transition: In 2019, Toray's website suggests the company is supporting the transition to a low carbon economy through increasing the role for renewables. However, its research institute, Toray Corporate Business Research (TBR), appears to have highlighted the potential disadvantages of strong renewable energy legislation in a 2019 research paper, suggesting policy bias towards renewables can increase fossil fuel prices and create the need for fossil fuels subsidies. In 2019, TBR also argued in another research paper that decreased oil demand and supply in line with IPCC guidance is unlikely and, therefore, the oil exploration budget should be increased at least in the first part of the next decade.

Industry Association Governance: Toray is a member of Japan Business Federation (klzzwxh:0007), Japan Chemical Industry Association (klzzwxh:0008) and Japan Pharmaceutical Manufacturers Association (. Keidanren has consistently klzzwxh:0002 several key climate regulations including carbon tax, likewise JCIA, which has consistently suggested). Toray's ex-Chairman, Sadayuki Sakakibara was that economic considerations in Japan should take precedence when responding to climate change. JPMA has had little engagement with specific climate change policy.Industry Association Governance: Toray is a member of Japan Business Federation (klzzwxh:0007), Japan Chemical Industry Association (klzzwxh:0008) and Japan Pharmaceutical Manufacturers Association (. Keidanren has consistently klzzwxh:0002 several key climate regulations including carbon tax, likewise JCIA, which has consistently suggested). Toray's ex-Chairman, Sadayuki Sakakibara was that economic considerations in Japan should take precedence when responding to climate change. JPMA has had little engagement with specific climate change policy.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 NS NS NS NS NS NS NA
Alignment with IPCC on Climate Action
0 -1 NA NS NS NS NS NA
Supporting the Need for Regulations
NS NS NA NS NS NS NS NA
Support of UN Climate Process
NS NS NA NS NS 0 NS NA
Transparency on Legislation
-1 NA -1 NA NA NA NS NA
Carbon Tax
NS NS NS NS NS NS NS NA
Emissions Trading
NS NS NS NS NS NS NS NA
Energy and Resource Efficiency
0 0 NS NS NS NS NS NA
Renewable Energy
NS NS NS NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
0 0 NS NS NS NS NS NA
GHG Emission Regulation
NS NS 0 NS NS -1 NS NA
Disclosure on Relationships
-2 NS -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
39%
 
39%
 
34%
 
34%
 
47%
 
47%
 
44%
 
44%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.