Toyota Motor Corporation President Akio Toyoda attends a press conference over rigging safety tests by its affiliate Daihatsu that affected 88,000 vehicles, in Bangkok, Thailand, May 8, 2023. REUTERS/Athit Perawongmetha
The California Public Employees' Retirement System and the Office of the New York City Comptroller both also voted for a resolution urging Toyota to improve disclosure of its lobbying on climate change, according to online postings by the funds. Toyota has previously said its board meets governance standards set by the Tokyo Stock Exchange for independent oversight and it would act with "objectivity, independence and an ability to conduct appropriate supervision."
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