← Back to Lobbying Governance Index

LG Corp

ISIN: KR7003551009 | South Korea | Asia-Pacific
Score 3 - Strong
Full assessment

LG Corp appears to have established structured processes for aligning its climate-related policy engagement with its overall climate strategy, including both direct and indirect engagement pathways. The group has created an ESG Committee "under the board of directors of our ten listed companies" comprised of "all independent directors within the Board of Directors and the CEOs of each affiliate," which deliberates on key ESG policies including climate change. At the affiliate level, LG Display's ESG Environment Team "reports the results to CEO on a monthly or quarterly basis" following "participating in various engagement activities including public hearings and policy meetings," and it sets KPIs and action plans to "lead engagement activities consistent with the company strategy." Similarly, LG Innotek maintains a dedicated climate change response team and an Emissions Trading Management Committee to evaluate external offset projects and ensure that "all decisions related to climate change, including policy engagement activities, [are made] in line with the Paris Agreement," and it regularly integrates policy trends into strategy via monthly "safety and environment meetings" and "industry alliance meetings." While these mechanisms indicate strong monitoring and executive oversight of both direct and indirect engagement, the company does not disclose a standalone climate-lobbying audit or review, nor does it specify criteria or processes for addressing misalignment within trade associations beyond participating in alliance meetings.

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.