Amorepacific Corp

Lobbying Governance

AI Extracted Evidence Snippet Source

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Recently, with the aim of achieving 100% renewable energy by 2025, which would be earlier than scheduled, various attempts have been made to utilize the newly revised domestic renewable energy policies. Specifically, the Group participated in green pricing by the Korean government in 2020 and has steadily adopted it for our business up until now. At the same time, we have signed a contract with SK E&S for the direct supply of renewable energy—a first in Korea—in March 2022. Amorepacific's ambitious aim to achieve our goal at our many domestic business sites by 2025, which would be earlier than originally scheduled, can definitely be seen as a risk amid a rapidly changing market situation that features a wide range of new policies. However, we know that the climate crisis is a challenge for all of us, one that requires an immediate response and one that we need to be proactive about addressing. The transition to renewable energy is clearly the direction of the times and is the top priority that we must fulfill in moving toward our goal of carbon neutrality throughout the work process. For policy engagement, We are doing work with diverse stakeholders, including the government, businesses, suppliers, civic groups, and customers.

CDP Questionnaire Response 2022

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