Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Far Eastern New Century Corporation demonstrates a high level of transparency in its climate lobbying activities. It clearly identifies multiple specific policies and regulations it has engaged with across different jurisdictions, naming Taiwan’s Climate Change Response Act, the "Decree 06/2022/ND-CP Regulations on Reduction of Greenhouse Gas Emissions and Protection of the Ozone Layer" in Vietnam, and China’s "Interim Regulations for the Management of Carbon Emission Trading" along with the "Trial Measures for Shanghai Municipality on Carbon Emission Management." The company provides detailed descriptions of its lobbying mechanisms, including submitting voluntary reduction plans under Taiwan’s Climate Change Response Act, conducting annual GHG inventories and reduction plans per Vietnam’s decree, and deploying dedicated carbon emission management and trading teams in mainland China. Moreover, FENC articulates clear outcomes it seeks, such as easing carbon fees through renewable energy installations and certificates in Taiwan, replacing coal with biomass and adding solar facilities in Vietnam, and retrofitting equipment and building a large-scale solar station in China to reduce energy consumption. These disclosures collectively illustrate comprehensive transparency around FENC’s climate policy engagement. | 4 |