We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Chairman of Itochu is Chair of the Industrial Competitiveness Committee of Keidanren
Masahiro Okafuji
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Chairman of Itochu is Chair of the Industrial Competitiveness Committee of Keidanren
Masahiro Okafuji
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Executive director of Itochu is a policy member of CJEF.
Hagiwara Takeshi
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Executive director of Itochu is a policy member of CJEF.
Hagiwara Takeshi
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Executive Officer of Itochu is director of JPDA (Up to date as of September 2022)
Masaya Tanaka
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO is director
Shuichi Arase
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Executive Officer of Itochu is director of JPDA (Up to date as of September 2022)
Masaya Tanaka
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO is director
Shuichi Arase
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Marubeni-Itochu Steel Inc. is a director of JISF
Marubeni-Itochu Steel Inc. CEO Tatsuhiko Toushita
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Marubeni-Itochu Steel Inc. is a director of JISF
Marubeni-Itochu Steel Inc. CEO Tatsuhiko Toushita
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu is a Class 1 Member of JCOAL. Considering Class 1 member as executive member and scored as 7 (Japan Specific).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu is a Class 1 Member of JCOAL. Considering Class 1 member as executive member and scored as 7 (Japan Specific).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Itochu Metals (subsidiary of Itochu) is a director of JAA
Jikatsu Nakatani
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CEO of Itochu Metals (subsidiary of Itochu) is a director of JAA
Jikatsu Nakatani
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Vietnam is a Board Company
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The President of Itochu Vietnam is the Vice Chairman of the Trade department of the Commerce and Industry Subcommittee
Itochu Vietnam President Masahiro Yoshida
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Vietnam is a Board Company
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The President of Itochu Vietnam is the Vice Chairman of the Trade department of the Commerce and Industry Subcommittee
Itochu Vietnam President Masahiro Yoshida
InfluenceMap Data Point on Corporate - Influencer Relationship
CEO of Itochu food is director. Deducted -2 because it is a subsidiary. Itochu Department of Food distribution is also a regular member.
Hitoshi Okamoto
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
CEO of Itochu food is director. Deducted -2 because it is a subsidiary. Itochu Department of Food distribution is also a regular member.
Hitoshi Okamoto
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
ITOCHU Property Development (Itochu subsidiary) President Norio Matsu is a director of the Real Estate Companies Association of Japan
ITOCHU Property Development President Norio Matsu
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
ITOCHU Property Development (Itochu subsidiary) President Norio Matsu is a director of the Real Estate Companies Association of Japan
ITOCHU Property Development President Norio Matsu
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Food, subsidiary of Itochu is a collaboration member of JDSA. Scored 4 because it is a supporting member (Japan specific). Deducted 2 because it is a subsidiary.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Food (subsidiary of Itochu) is a member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Food, subsidiary of Itochu is a collaboration member of JDSA. Scored 4 because it is a supporting member (Japan specific). Deducted 2 because it is a subsidiary.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Itochu Food (subsidiary of Itochu) is a member
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.
Open PDF file of Data Source
Climate Lobbying Overview: Itochu appears to have limited engaged on climate and energy policy in Japan, with mixed positions. It has mixed positions in its top-line messaging on climate action consistent with the IPCC and in its engagement with energy policies in Japan. Itochu retains membership to several industry associations that appear to have mixed and negative positions on climate policies.
Top-line Messaging on Climate Policy: Itochu appears to have mixed top-line messaging on climate policy. On its newspaper advertisements in five Japanese major newspapers in June 2021, Itochu appeared to acknowledge relationship between climate change and climate induced weather phenomena. Itochu appeared to support for the goals of the Paris Agreement in its press release published in June 2021. It is unclear whether the company support action consistent with IPCC. In the meeting hosted by Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in February 2022, Yoshihisa Suzuki, Executive vice chairman of Itochu, recognized the importance of taking on the challenge towards decarbonization, however, he did not seem to mention any measures consistent with IPCC.
Engagement with Climate-Related Regulations: Itochu appears to be engaging limitedly on climate-related regulations in Japan. In a press release published in December 2021, Itochu appeared to advocate for schemes to accelerate the introduction of renewable energy, such as “the supply of green power from solar power plants with additionality” and “off-site corporate PPA”. In the same press release, the company also appeared to support “a new greenhouse gas reduction target for FY2030” of the government’s Sixth Basic Energy Plan which was published in October 2021, which is the main energy strategy plan in Japan.
Positioning on Energy Transition: Itochu appears to have mixed positions on transitioning the energy mix. In a video message submitted to LNG producer-Consumer Conference 2022 which is co-hosted by Ministry of Economy, Trade, and Industry (METI) in September 2022, Itochu emphasized that “as the world gradually but surely shifts away from fossil fuels, LNG will play an important role in sustainable energy.” In a METI study group in April 2022, Itochu appeared to support Sustainable Aviation Fuels (SAF), demanding the government to introduce “Subsidies and support measures to reduce the burden on SAF users.”, however, it’s unclear if the position is aligned with IPCC guideline.
Industry Association Governance: Although Itochu’s 2021 CDP response seems to be submitted, it cannot be opened or viewed. Itochu has only disclosed its membership to the Japan Business Federation (Keidanren) and Japan Foreign Trade Council (JFTC). Masaya Tanaka, Executive Officer of Itochu, is a director of the Japan Petroleum Development Association (JPDA) in Japan, which has had mixed engagement with climate legislation. Eizo Kobayashi, Honorary Director of Itochu, is a special advisor to Japan Chamber of Commerce and Industry (JCCI), which has had negative engagement with climate policy.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q4 2022.