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Hwaseung Enterprise Co Ltd

ISIN: KR7241590009 | South Korea | Asia-Pacific
Score 2 - Moderate
Full assessment

Hwaseung Enterprise has established a basic governance process for its climate-related engagement with policymakers by mandating that its "Sustainability Board Committee quarterly reviews Climate Change related risks, initiatives and performance" and that the same committee "reviews engagement activities with external stakeholders which includes engagement with government of Vietnam". It also confirms a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement" with the response "Yes". This demonstrates that a formal board-level committee oversees direct policy engagement and that there is at least a commitment to align those activities with global climate goals. However, the company does not disclose any specific policy documents, criteria, or procedures that guide these reviews, it provides no evidence of monitoring or alignment processes for indirect lobbying through trade associations, and no individual owner is named as responsible for ensuring lobby alignment. We found no evidence of a structured climate-lobbying policy or detailed alignment framework beyond these high-level board reviews.

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.