Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
Moderate |
Samsung C&T Corp’s disclosures indicate a structured oversight process for its climate-related engagement activities. “Direct external engagement of SAMSUNG C&T is carried out primarily by Environmental team,” which “develops engagement plans and reports them to the top management, ESG Committee and the Board of Directors,” ensuring that approved agendas are implemented. It further states that “Engagement activities that directly or indirectly affect the company’s climate change-related policies, laws and regulations are …conducted by the Partner Relations Team of the Corporate Strategy Office,” and that its “Net-zero plan approved at the ESG Committee” was “publicly disclosed through a resolution by the board of directors,” demonstrating board-level oversight and approval. The company also affirms a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement.” However, while these processes show active management and monitoring of direct policy engagement, we found no evidence of mechanisms for aligning indirect lobbying through trade or industry associations or of detailed criteria for assessing participation in such associations, indicating that the governance framework is not fully comprehensive.
View Sources
|
C |