SK Discovery Co Ltd – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	SK gas integrates its climate strategy into its engagement by ensuring that “engagement activities are being promoted” in support of its decarbonization goals, from short-term efforts to “identify existing customers using BC Oil as fuel and convert them into LPG” to longer-term plans to expand “hydrogen charging stations” through engagement with “policymakers such as the Ministry of Environment, business places in the same industry, and the LPG Association.” These activities “were also finally decided by the BOD based on the strategic direction,” and “the relevant organization regularly reports on the progress,” reflecting formal board oversight and ongoing monitoring. The company also affirms a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” indicating an explicit pledge to align its advocacy with climate objectives. However, SK gas does not disclose a dedicated policy document, detailed criteria for assessing trade-association alignment, or the name of a specific individual or committee beyond the board charged with reviewing and managing these engagement activities. View Sources	C

Overall Assessment

Analysis

Score

Moderate

SK gas integrates its climate strategy into its engagement by ensuring that “engagement activities are being promoted” in support of its decarbonization goals, from short-term efforts to “identify existing customers using BC Oil as fuel and convert them into LPG” to longer-term plans to expand “hydrogen charging stations” through engagement with “policymakers such as the Ministry of Environment, business places in the same industry, and the LPG Association.” These activities “were also finally decided by the BOD based on the strategic direction,” and “the relevant organization regularly reports on the progress,” reflecting formal board oversight and ongoing monitoring. The company also affirms a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” indicating an explicit pledge to align its advocacy with climate objectives. However, SK gas does not disclose a dedicated policy document, detailed criteria for assessing trade-association alignment, or the name of a specific individual or committee beyond the board charged with reviewing and managing these engagement activities.

View Sources

Lobbying Transparency

Overall Assessment	Analysis	Score
Strong	SK Discovery Co Ltd provides a strong level of transparency regarding its climate-related policy lobbying. It clearly identifies the Republic of Korea’s Emission Trading System and the diesel vehicle restrictions under Article 28 of the Air Management Area Act as the specific policies it has engaged on. The company discloses its lobbying mechanisms in detail—“SK chemicals meets with the South Korean Ministry of Environment, which manages the emissions trading program, on a regular basis (once a year) and on an ad hoc basis”—and also describes a joint government program and subsidy scheme targeted at the Ministry of Environment. It further outlines the outcomes it seeks, including reducing greenhouse gas emissions and easing the financial burden on small businesses through LPG truck conversion subsidies, and states that its efforts are aligned with the Paris Agreement, even though it does not specify numerical emissions targets. Overall, these disclosures demonstrate a strong level of clarity around what policies were lobbied, how the company engaged with policymakers, and the outcomes it sought.	B