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Hyundai Motor Co

ISIN: KR7005383005 | South Korea | Asia-Pacific
Score 2 - Moderate
Full assessment

Hyundai Motor Co. provides limited governance over its climate-related lobbying, combining a public commitment and a high-level oversight of its Net Zero strategy but lacking a defined review or alignment process for its engagement activities. For example, it affirms that "Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement? Yes," indicating a policy-level promise to align lobbying with the Paris goals. It further notes that "the plan is managed at a corporate level ... and its outcomes are monitored," reflecting a broad process to oversee implementation of its 2045 Net Zero initiative. Hyundai also describes how it "communicate[s] this message through our membership of industry associations, but also with governments directly," demonstrating active direct and indirect advocacy for coordinated EV policy and hydrogen strategies. However, the company does not disclose a specific individual or formal body charged with reviewing or approving its lobbying positions, nor does it set out detailed procedures for aligning its trade association engagements with its climate commitments.

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.