HD Hyundai Co Ltd – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	HD Hyundai Co Ltd discloses a comprehensive internal system for climate risk and opportunity management, highlighting an “ESG Committee under the Board of Directors and the ESG Management Committees of each company” with clearly defined roles and responsibilities, as well as “processes to assess and manage climate-related risks” and tying “performance evaluation of the CEO and related executives … at 5~10%” to climate KPIs. However, we found no evidence of any governance processes for lobbying: there is no mention of oversight mechanisms for direct or indirect lobbying activities, no policy or procedure to ensure lobbying aligns with its climate strategy, and no named individual or committee responsible for lobbying governance. The disclosures focus exclusively on climate strategy, risk assessment, and performance metrics but do not address how HD Hyundai governs its policy engagement or ensures that any lobbying efforts support its climate objectives. View Sources	E

Overall Assessment

Analysis

Score

None

HD Hyundai Co Ltd discloses a comprehensive internal system for climate risk and opportunity management, highlighting an “ESG Committee under the Board of Directors and the ESG Management Committees of each company” with clearly defined roles and responsibilities, as well as “processes to assess and manage climate-related risks” and tying “performance evaluation of the CEO and related executives … at 5~10%” to climate KPIs. However, we found no evidence of any governance processes for lobbying: there is no mention of oversight mechanisms for direct or indirect lobbying activities, no policy or procedure to ensure lobbying aligns with its climate strategy, and no named individual or committee responsible for lobbying governance. The disclosures focus exclusively on climate strategy, risk assessment, and performance metrics but do not address how HD Hyundai governs its policy engagement or ensures that any lobbying efforts support its climate objectives.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	HD Hyundai Co. Ltd. offers only a limited glimpse into its climate-related lobbying. It points to a single engagement – proposing the national project "Development of 300 kW-class Zero-CO2 hydrogen combustion engine system and storage supply system for construction machinery and commercial vehicles" to the Industrial Technology Assessment Institute under the Ministry of Trade, Industry and Energy – which names one identifiable policy initiative and one government target. The company explains the mechanism (submitting a project proposal) and the objective of advancing a hydrogen engine that would support “carbon-neutral powertrain technology,” but it does not describe any additional policy initiatives, other modes of engagement, or multiple desired legislative or regulatory outcomes. As a result, while the disclosure is clear for this one activity, overall transparency across policies, mechanisms and outcomes remains sparse.	D