InfluenceMap’s new report finds that Japanese and South Korean steel companies rank among the most negative on climate policy engagement when compared with their global competitors. This opposition to Paris-aligned climate policy contrasts with many of the steel sector’s customers (in real estate, construction, machinery) which have stronger climate goals and are more likely to support government action on climate change.
The following briefing focuses on how Japanese industry associations lobbied the Taxonomy and considers how these lobbying positions contrast with those of some leading European financial institutions.
This report examines Japan's plans to expand coal both domestically and in Southeast Asia against global trends of accelerated renewable electricity capacity. It finds this strategy is misaligned with the strategic interests of Japan's technology-based industries.