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Samsung Electro-Mechanics Co Ltd

ISIN: KR7009151002 | South Korea | Asia-Pacific
Score 2 - Moderate
Full assessment

Samsung Electro-Mechanics provides evidence of a structured, if still limited, approach to governing its climate-related policy engagement: it states that "Samsung Electro-Mechanics is continuously monitoring Korean laws and regulations to match the Korean government's climate change strategy with our company's strategy," and that it "check[s] the changes through the website of the Ministry of Environment and the Ministry of Legislation every month and share[s] them with the in-house legal team," indicating a recurring review mechanism and an internal function tasked with oversight. The company adds that "we also reflect our monthly internal reporting and regulatory impact on new regulations. Climate change transition plans and regulatory engagements are managed consistently," which suggests a process for aligning its advocacy with its transition plan. Direct engagement is illustrated by its participation in the government-run "Electrical and Electronic Carbon Neutrality Committee," through which it has "identified climate change-related matters... and proposed mid- to long-term carbon neutrality directions," showing that it actively integrates external policy dialogue into its own strategy. Furthermore, the company confirms that it has "a public commitment... to conduct [its] engagement activities in line with the goals of the Paris Agreement." However, the disclosure does not name a board-level committee, executive, or other senior body formally responsible for reviewing lobbying alignment, nor does it describe any assessment of indirect lobbying via trade associations or publish an external audit of its lobbying activities, leaving the breadth and accountability of the governance framework only moderately detailed.

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.