Lobbying Governance
Overall Assessment | Analysis | Score |
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LS Electric Co Ltd appears to have a board-level ESG Committee overseeing climate-related strategies, but the company does not disclose any governance processes for its lobbying activities. It “organized the ESG Committee under the Board of Directors in 2021 to deliberate on and resolve basic ESG policies and strategies” and notes that this committee “supports LS ELECTRIC's sustainable growth by checking the company-wide implementation of climate change response strategies and GHG reduction plans.” However, we found no evidence of any mechanisms, oversight bodies, or procedures that guide, review, or align either its direct or indirect lobbying with its climate or broader policy positions. The company’s response to whether it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement” was simply “No, but we plan to have one in the next two years,” which underscores that it does not disclose any current lobbying-governance measures.
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