SK Innovation Co Ltd

SK Innovation Co Ltd demonstrates a moderate governance process for lobbying, particularly in relation to climate change. The company states that it ensures consistency in engagement activities with its climate change strategy through the ESG Sub Committee, which discusses related issues monthly and reports important matters to the CEO after evaluating their materiality. Furthermore, the ESG Committee under the Board of Directors is responsible for reporting and making final decisions on key issues, indicating a structured oversight mechanism. The ESG Acceleration department monitors and evaluates climate change risks and opportunities, providing a layer of monitoring and accountability. Additionally, when direct or indirect engagement with policymakers or industry associations is required, external consultations and responses are carried out by the SHE (Safety/Health/Environment) headquarters. However, while these processes suggest alignment with climate-related goals, the company does not disclose specific mechanisms for monitoring or managing lobbying activities, nor does it provide evidence of actions taken to align indirect lobbying through trade associations. The absence of a detailed lobbying audit or review further limits the transparency of its governance framework.