HD Hyundai Heavy Industries Co Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

In April 2020, seven affiliates of HHI Group established an ESG committee at the Board of Directors level. The committees' role is to deliberate on the planning and implementation of ESG strategies specific to each company's businesses, thus developing and internalizing ESG capabilities. It will also operate an "ESG Advisory Group" consisting of external research in each field such as environment, social responsibilities and corporate compliance. Through the ESG Committee, HHI Group plans to take the lead in solving environmental problems faced by the world through clean energy use and create a better future with eco-friendly technologies. Furthermore, KSOE and its shipbuilding subsidiaries have newly formed organizations directly under the CEO oversight for environmental management-related tasks, such as climate change, energy and GHG management, and activities to minimize the environmental impact at business sites; in the case of HHI, the Environment section is directly controlled by the COO.

https://english.hhi.co.kr/img/filedown/HHI_Sustainable_Finance_Framework_vF.pdf

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023