China Petrochemical Development Corp – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	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. View Sources	C

Overall Assessment

Analysis

Score

Moderate

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.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	China Petrochemical Development Corp offers only limited insight into its climate-related lobbying. It names a single policy engagement—the voluntary carbon-reduction goal planning under Taiwan’s Climate Change Response Act—and specifies that the focus was on carbon offsets, but it does not mention any other regulations or affirm that these are its only lobbying activities. The company explains its approach, stating that it participates in government-organized public hearings and submits comments on draft regulations, yet it does not identify the particular ministries, legislators or agencies it targets, nor does it describe additional channels such as industry associations or direct meetings. Finally, while it indicates that it supports the voluntary carbon-reduction planning and aligns this stance with the Paris Agreement, it does not spell out any further concrete legislative changes or quantitative outcomes it seeks. Together, these disclosures provide some visibility but fall short of a fuller, more detailed picture of the company’s climate-policy lobbying.	D