Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Strong | Mega Financial Holding provides a high level of detail about its climate-policy lobbying. It identifies several concrete policies it has engaged on, including the amendment of the "Greenhouse Gas Reduction and Management Act" (renamed the "Climate Change Response Act"), the "Financial Supervisory Commission Promotes Green Action Plan 3.0," and the "Renewable Energy Development Act," all within Taiwan’s legislative framework. The company also describes multiple, clearly identifiable channels through which it attempts to shape these measures: membership in the "Coalition of Movers and Shakers on Sustainable Finance," participation in the Ministry of Finance’s "MOF ESG Initiative Platform," attendance at MOF-organised business seminars, and active representation on the Banking Association task force created at the request of the Financial Supervisory Commission. These disclosures name the specific government bodies they interact with—the Ministry of Finance and the Financial Supervisory Commission—demonstrating who the company seeks to influence and how. On intended outcomes, the firm explains that its work on the Banking Association task force helped produce the "Practical Guidelines for Climate Risk Management in Domestic Banks" and the "Planning for Climate Change Scenario Analysis in Domestic Banks," and it states its position of "support with no exceptions" for the national net-zero framework. While most of its stated goals remain broad—such as backing Taiwan’s 2050 net-zero target and supporting renewable energy expansion—the explicit description of these two banking-sector guidelines gives useful insight into the specific results it hopes to achieve. Altogether, the disclosures show strong transparency on the policies addressed and the mechanisms used, and reasonably clear—though less detailed—explanation of the outcomes the company is pursuing. | 3 |