Feng Hsin Steel Co Ltd
- Withdrawal mechanism
- Paris Agreement alignment
- Regular monitoring cycle
Feng Hsin Steel Co Ltd demonstrates limited governance around its climate-related lobbying, largely outlining its role as a contact window in government-led industry forums and a commitment to align its engagement with climate goals. The company describes that it "was invited by the Chinese National Federation of Industries and the Taiwan Steel and Iron Industries Association" to represent electric arc furnace steelmakers and "compile the difficulties faced by the electric arc furnace industry" which it then "convey[s] ... to government agencies," while also "propagat[ing] the government's policies, guidelines and vision on emission reduction" through its industry association. It further confirms a public commitment to conduct its engagement in line with the Paris Agreement with a clear affirmative response - "Yes" - to having such a position statement. However, Feng Hsin Steel does not disclose any internal oversight body, monitoring procedures, specific policy for aligning its lobbying, or any periodic review mechanism, leaving the governance of its policy advocacy largely undefined.
This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Asia-Pacific or all companies in Taiwan.