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Overall Assessment |
Comment |
Score |
Strong |
Hyundai Glovis is generally transparent about its climate-policy lobbying. It names the specific measures it engages with, including the Korean Emissions Trading Scheme (K-ETS), the government’s Target Management System for carbon reporting, and the Green Logistics project run by the Ministry of Land, Infrastructure and Transport, as well as a hydrogen fuel-cell pilot developed with the Ministries of Environment and of Trade, Industry and Energy. The company also sets out how and where it seeks to influence policy: it says it "actively participates in K-ETS and the green logistics program", signs memoranda of understanding with multiple ministries, and promotes wider uptake by "giving presentations at a workshop of the Ministry of Land, Infrastructure and Transport", thereby identifying both its engagement mechanisms and the government bodies it targets. Nevertheless, its disclosures stop short of defining the specific regulatory amendments, numerical targets or other concrete outcomes it wants these policies to deliver, offering only broad statements of support for green logistics and the ETS. As a result, while the policies engaged and the methods used are well documented, the desired policy outcomes remain only generally expressed.
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3
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Overall Assessment |
Comment |
Score |
Limited |
Hyundai Glovis Co Ltd discloses some elements of governance related to its engagement activities and climate commitments, but these disclosures do not explicitly address lobbying governance processes. The company states that "engagement activities are monitored and reviewed by the Environment Management Team and reported to the CEO on a monthly basis to ensure consistency," and that "GHG emissions analysis, carbon price, and carbon regulatory trends are monitored monthly." However, these processes appear to focus on internal environmental management and greenhouse gas reduction rather than the governance of lobbying activities. Additionally, the company mentions working with the Foundation of Korea Logistics Industry Promotion and maintaining its qualification as a Green Logistics certified company, but there is no explicit mention of how lobbying activities, either direct or indirect, are aligned with its climate strategy. While the company has a public commitment to align its engagement activities with the goals of the Paris Agreement, there is no evidence of a specific governance framework for lobbying, such as oversight structures, monitoring mechanisms, or alignment processes for lobbying activities. Therefore, the disclosures indicate limited governance in this area.
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1
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