Industrial Bank of Korea
- Paris Agreement alignment
- Direct lobbying governance
Industrial Bank of Korea discloses a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement", reflecting a policy-level promise to align its lobbying with the Paris goals. However, the company does not disclose any formal governance process for overseeing or managing climate-related lobbying activities, including no named individual or oversight body responsible for reviewing alignment, no monitoring procedures, and no mechanisms for ensuring its direct or indirect lobbying actions support its climate commitments. We found no evidence of a process for reviewing and managing lobbying activities nor criteria for assessing participation in industry associations in relation to climate policy alignment.
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 North America or all companies in United States.