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HD Hyundai Construction Equipment Co Ltd

ISIN: KR7267270007 | South Korea | Asia-Pacific
Score 3 - Strong
Full assessment

HD Hyundai Construction Equipment has established clear governance to align its climate-related lobbying by appointing the Chief Sustainability Officer to "manage the overall direct and indirect public engagement regarding climate change" and by mandating that "the CSO reports to the ESG Committee under the Board of Directors (BOD), after which the final decision is authorized by the Committee." The ESG Committee, which "has been established as the highest decision-making body under the Board of Directors," "oversees the approval of ESG strategies and plans" and is "chaired by an outside director" with the CEO as a member, meets at least annually to monitor progress. The company also confirms a public commitment to conduct its engagement activities in line with the goals of the Paris Agreement, answering "Yes" when asked if it has such a position statement. This structure provides strong governance through a named individual and formal oversight body covering both direct advocacy and industry association engagement, but the company does not disclose specific criteria or procedures for evaluating alignment of individual lobbying positions nor any public reporting on review outcomes.

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 South Korea.