Hyosung Heavy Industries Corp – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Limited	Hyosung Heavy Industries Corp outlines comprehensive climate crisis oversight—its Board of Directors “monitors and supervises risks related to the climate crisis” and an “ESG Management Promotion Committee” has been established as the “highest decision‐making body” supported by a dedicated “Green Management Committee” that “receives reports” on greenhouse gas reduction activities—but we found no evidence of any formal governance processes or oversight mechanisms specifically for lobbying alignment. The response confirms that the CEO “participates as vice-chairman in the Energy Alliance-related meetings” and that the company “pays the association every year to maintain the association, and actively accepts and responds to the association’s requests,” and that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” yet it does not disclose any process for reviewing or signing off on direct or indirect lobbying positions, nor name any individual or committee tasked with ensuring that its policy engagement is aligned with its climate objectives. View Sources	D

Overall Assessment

Analysis

Score

Limited

Hyosung Heavy Industries Corp outlines comprehensive climate crisis oversight—its Board of Directors “monitors and supervises risks related to the climate crisis” and an “ESG Management Promotion Committee” has been established as the “highest decision‐making body” supported by a dedicated “Green Management Committee” that “receives reports” on greenhouse gas reduction activities—but we found no evidence of any formal governance processes or oversight mechanisms specifically for lobbying alignment. The response confirms that the CEO “participates as vice-chairman in the Energy Alliance-related meetings” and that the company “pays the association every year to maintain the association, and actively accepts and responds to the association’s requests,” and that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” yet it does not disclose any process for reviewing or signing off on direct or indirect lobbying positions, nor name any individual or committee tasked with ensuring that its policy engagement is aligned with its climate objectives.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	No evidence found	E