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HD Hyundai Heavy Industries Co Ltd

ISIN: KR7329180004 | South Korea | Asia-Pacific
Score 1 - Limited
Full assessment

HD Hyundai Heavy Industries discloses only a limited reference to climate-lobbying alignment, noting "Yes" to having "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement". The rest of the available information concerns general ESG oversight, such as "seven affiliates of HHI Group established an ESG committee at the Board of Directors level... to deliberate on the planning and implementation of ESG strategies" and "newly formed organizations directly under the CEO oversight for environmental management-related tasks", which focus on environmental management rather than the governance of lobbying or policy advocacy. We found no evidence of a specific process to monitor or review direct or indirect lobbying, no description of how misalignment with trade associations would be addressed, and no individual or committee cited as responsible for ensuring lobbying consistency with climate goals. Hence, the disclosure reflects an initial commitment but lacks details of a structured lobbying-governance framework.

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.