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| Overall Assessment |
Comment |
Score |
| Limited |
Formosa Sumco Technology Corp offers a basic but concrete picture of its climate-policy lobbying. It identifies one area of engagement—future Ministry of Economic Affairs rules on carbon fees—describing how it pressed for off-grid renewable electricity to qualify for fee exemptions and for grid-purchased green power to be counted using a market-based emissions factor. The company explains that it conveyed these positions during “a meeting organized by Taiwan Power Company (TPC) and the Bureau of Standards, Metrology and Inspection (BSMI) under the MOEA,” thereby naming both the lobbying mechanism (participation in a formal meeting) and the specific government bodies it addressed. While these details clarify the single policy focus and the outcomes it is pursuing, the disclosure is limited to one engagement and one mechanism, leaving a wider picture of its climate lobbying activity unaddressed.
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1
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| Overall Assessment |
Comment |
Score |
| Moderate |
Formosa Sumco Technology Corp has established a defined process to align its climate-related engagement activities with its overall strategy. Prior to any climate-related engagement, “FST appoints members of the General Manager’s Office or the Sustainable Development Team on behalf of FST,” and “issues and opinions are to be reviewed and approved by associated department heads,” demonstrating internal oversight and a clear mechanism to review and approve direct engagement positions. The company also confirms a “public commitment … to conduct your engagement activities in line with the goals of the Paris Agreement,” signaling a stated alignment with global climate objectives. However, the company does not disclose any governance framework for indirect lobbying through trade or industry associations, we found no evidence of a third-party audit or formal climate-lobbying review process, and the company does not identify a specific individual or dedicated office with formal responsibility for overseeing all climate-related lobbying alignment.
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2
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