KEPCO Engineering & Construction Co Inc

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	KEPCO Engineering & Construction provides extensive, policy-specific disclosure of its climate-related lobbying. It identifies a wide range of concrete measures it has engaged on, including the Korean Emissions Trading Scheme, the government’s “Renewable 3020” programme, the Energy Efficiency Resource Standards, “minimum energy efficiency requirements” for new buildings, proposals to “adjust electricity price level to save energy,” and its obligations under the Public-Sector Greenhouse Gas and Energy Target Management System. The company also explains how it seeks to influence these rules: it “discusses legislation with policymakers,” “provides company information to be used as a reference source for government policies,” takes part in the National Council on Climate and Air Quality’s “energy and power generation division working group,” submits sector opinions on ETS allocations, and prepares formal emission-reduction reports—clearly naming both the mechanisms and the governmental bodies involved. Finally, it is explicit about the outcomes it pursues, such as obtaining “legal grounds of support for fine dust reduction costs,” securing permission for state-run utilities to invest directly in ≥10 MW renewable projects, “raising electricity rates” and revising EERS rules to “conserve costs from EERS system implementation,” define penalties for non-compliance and set disaster exemptions. This level of specificity across the policies, methods and objectives demonstrates a comprehensive degree of transparency in the company’s climate-policy lobbying.	4

Lobbying Governance

Overall Assessment	Comment	Score
Limited	The disclosure offers only limited insight into how KEPCO Engineering & Construction governs its lobbying or policy-engagement activities. The company states that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement” and explains that the climate-related activities discussed in management meetings are “reflected in short-, mid and long-term plans… and are analyzed through KEPCO Business Indicator (KBI), which will be reported to BOD, if necessary.” While this indicates a high-level commitment and an internal monitoring mechanism for environmental performance, the evidence focuses on operational climate performance indicators—such as “carbon emissions performance” and “energy consumption”—rather than on any concrete process for reviewing, approving, or aligning external lobbying or trade-association positions with the company’s climate strategy. No disclosure identifies a specific individual or committee responsible for overseeing lobbying alignment, nor is there mention of auditing, monitoring or managing direct or indirect lobbying activities. Accordingly, the company discloses only a general commitment to Paris-aligned engagement without detailing the governance structures, oversight, or enforcement mechanisms that would demonstrate a stronger lobbying-governance framework.	1