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| Overall Assessment |
Analysis |
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None
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HD Hyundai Mipo’s disclosures focus on collaborative climate commitments rather than on any governance of its policy engagement: it “joined and signed a joint announcement for 2050 Carbon Neutrality Declaration of the shipbuilding industry,” which “suggests a reinforced cooperative system among the industry, the government, universities research institutes,” and describes “reinforcing the cooperation with our supply chains in and outside Korea to develop low-carbon steel, eco-friendly paints, and green fuels for ships.” We found no evidence of an internal process that oversees or reviews how the company’s lobbying or policy engagement is aligned with its climate objectives, no named individual or committee responsible for political advocacy governance, and no procedures to monitor or manage direct or indirect lobbying.
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E
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| Overall Assessment |
Analysis |
Score |
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Limited
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HD Hyundai Mipo provides a basic but focused picture of its climate-policy lobbying. It discloses that it engaged directly with the Republic of Korea’s Ministry of Environment regarding the national greenhouse-gas Emissions Trading System for the third planning period (2021-2025), explaining that it argued for quota calculations to take account of emissions generated when producing low-carbon ships and for recognition of life-cycle emission reductions. By naming the specific policy instrument and the government body it approached, the company clarifies both the topic and the target of its intervention, although it reports only this single instance of engagement and describes just one lobbying channel (direct discussions). The desired outcomes are set out with reasonable specificity: adjustment of the ETS allocation rules to accommodate “short-term emissions increases due to the production of low-carbon ships” and broader support for eco-friendly ship construction as a means of achieving long-term emission cuts. Overall, the disclosure offers limited yet concrete insight into one climate-related lobbying effort, but does not extend to multiple policies, mechanisms or targets.
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D
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