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China Petrochemical Development Corp

ISIN: TW0001314003 | Taiwan | Asia-Pacific
Score 2 - Moderate
Full assessment

China Petrochemical Development Corp. discloses a process that links its policy engagement with its climate goals, noting that it has "set up a special unit to be responsible for the overall planning, tracking and management of emerging environmental protection issues" and that this unit "will analyze the needs and formulate strategies in accordance to our climate action goal (net zero)." This indicates an internal mechanism for monitoring and managing advocacy activity and identifies a formal body that oversees alignment. The company also states that it has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement," demonstrating a policy intention to align lobbying with climate objectives. However, the disclosure does not describe how this unit evaluates the company's direct lobbying positions versus its indirect lobbying through trade associations, nor does it outline any procedures for reviewing or correcting misaligned external positions, so the scope and depth of the governance process remain limited.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Asia-Pacific or all companies in Taiwan.