Japan Post Holdings

InfluenceMap Score
C-
Performance Band
58%
Organisation Score
57%
Relationship Score
Sector:
Financials
Head​quarters:
Tokyo, Japan
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Japan Post Holdings appears to have low engagement with climate change policy. It has mixed positions in its top-line messaging on climate policy and in its engagement with energy policies in Japan, while appearing to support Japan’s 2030 GHG emissions reduction target.

Top-line Messaging on Climate Policy: Japan Post Holdings appears to hold some ambiguous positions in its top-line messaging on climate policy. Its annual report, published on its website in August 2022, supported the science of climate change and recognized climate change as a “key issue” but did not clearly support emissions reductions in line with IPCC recommendations. Similarly, in a hearing at the Japanese Agency for Natural Resources and Energy (ANRE) in March 2022, Japan Post Holdings stated that it “encourages Japan and the world to go carbon neutral,” but did not specify a date for this. In a hearing at the ANRE in November 2020, Japan Post Holdings CEO Hiroya Masuda appeared to support industrial policies by the government toward 2050 carbon neutrality.

Engagement with Climate-Related Regulations: Japan Post Holdings appears to have very limited engagement with climate-related policies, and does not appear to disclose its positions toward, or engagement with, climate policy on its corporate website (accessed October 2022) nor its most recent CDP information request in 2021. In a hearing at the ANRE in April 2021, Japan Post Holdings appeared to support the Japanese government’s 2030 GHG emissions reduction target.

Positioning on Energy Transition: Japan Post Holdings appears to have mixed engagement regarding the energy transition. In a hearing at the ANRE in March 2022, Japan Post Holdings appeared to support the spread of renewable energy in Japan, and the company reiterated this on its website, accessed in October 2022. In the Ministry of Economy, Trade, and Industry (METI) Nuclear Energy Subcommittee in April 2021, CEO Masuda supported the utilization of nuclear power “for as long as possible,” but was ambiguous on how nuclear power would play a role with regards to a full transition to a zero-emissions energy system. At a meeting of the ANRE Basic Policy subcommittee in January 2021, CEO Masuda advocated for a continued role for coal-fired power in the energy mix, stating that it was a “cold fact that it still makes sense for temporary use.” In the same subcommittee in March 2021, he supported “a carbon-neutral path with LNG and CCS,” with some ambiguities around conditions and timelines for ensuring CCS deployment, while making renewable energy “the main power source.” In the same subcommittee in April 2021, CEO Masuda appeared to support a reduction in coal power generation, but failed to clarify the pace of this transition.

Industry Association Governance: Japan Post Holdings has not appeared to disclose its industry association memberships nor related governance on its corporate website (accessed October 2022) and has disclosed its relationship with only one indirect influencer, the Japan TCFD Consortium, in its most recent CDP information request in 2021. Japan Post Holdings is a member of the Japan Climate Initiative (JCI), which has advocated for positive climate change policies in Japan, and the Japan Business Federation (Keidanren), which has historically lobbied negatively on many strands of climate change regulation. Its subsidiary, Japan Post Co., holds an executive position in the Japan Association for Logistics and Transport (JALoT).

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.

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DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
54%
 
54%
 
74%
 
74%
 
55%
 
55%
 
44%
 
44%
 
53%
 
53%
 
61%
 
61%

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.