Hyundai Wia Corp
- Named executive owner
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
Hyundai Wia Corp discloses a public commitment to conduct its engagement activities in line with the goals of the Paris Agreement - the evidence states "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" - and outlines high-level ESG and climate oversight structures, noting that the "Transparency Management Committee under the BOD is currently managing and supervising ESG management agendas transparently," that it holds "semi-annual working consultations led by the Business Planning and Management Team," and that "the CEO is the head of the environment and safety organizations and systems for GHG and energy and has the overall responsibility for and oversees the climate change response-related matters while executing major decision making on climate change issues." It also describes that "the HSE Management Committee chaired by the chairperson of the committee supports the establishment of the company-wide action plans for climate change issues and decision-making related to GHG reduction targets and investment." However, the company does not disclose any process, criteria or oversight for governing direct or indirect lobbying activities or aligning its policy advocacy with its climate objectives, and we found no evidence of any dedicated lobbying review, sign-off procedures, or association engagement protocols.
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.