Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:
Sign Up
| Overall Assessment |
Comment |
Score |
| Comprehensive |
China Steel Corporation (CSC) has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company explicitly names specific climate policies it has engaged with, such as the "Renewable Energy Development Act," the "Climate Change Response Act," and Taiwan EPA's proposed carbon fee regulation. CSC provides detailed information about its focus on climate change mitigation, carbon fees, and renewable energy generation, showcasing clarity in identifying the policies it lobbied. CSC also discloses its lobbying mechanisms, including direct discussions with members of the Legislative Yuan, active communication with the Environmental Protection Agency, and participation in meetings held by the EPA to express its views on carbon fees and ETS. It further describes indirect lobbying through trade associations like the Chinese National Federation of Industries (CNFI) and Taiwan Steel & Iron Industries Association (TSIIA), which negotiate with authorities on behalf of industries. The company identifies specific targets of its lobbying efforts, such as the Bureau of Energy, the Environmental Protection Agency, and legislative units, ensuring clarity about its engagement process. CSC has been transparent about the specific outcomes it seeks, such as advocating for exemptions for metallurgical coal and coke from the carbon levy to ensure international competitiveness, proposing principles like the maximum carbon fee and avoiding double control mechanisms, and recommending government assistance in integrating differences between local and central regulations to reduce the impact on enterprises. These disclosures clearly articulate the policy changes and outcomes the company aims to achieve, demonstrating alignment with its lobbying efforts and a high level of transparency.
|
4
|
| Overall Assessment |
Comment |
Score |
| Strong |
CSC demonstrates a strong governance process for climate lobbying alignment, with clear policies and procedures to ensure alignment of its lobbying activities with climate goals. The company has implemented the "Sustainable Evaluation and Management Guidelines of Organizations," which mandates actions such as reiterating CSC's stance on climate change to organizations and requesting alignment within six months, with termination of cooperation if alignment is not achieved. This reflects a proactive approach to managing indirect lobbying alignment. Additionally, CSC conducts a "Survey of Climate Policy Preferences" every two years to assess the alignment of organizations it participates in with climate goals, with the latest survey results showing that "≥85% of the organizations have shown concern for climate change and carbon neutrality issues" and "≥85% of the organizations have been promoting climate change adaptation and the trend towards achieving net-zero emissions among their members." The governance structure includes responsible parties, such as the Corporate Governance and Sustainability Committee under the Board of Directors, tasked with overseeing climate management, and the "Task Force on Energy Saving & Carbon Reduction and Carbon Neutrality," led by the Chairman, responsible for carbon management and neutrality issues. Furthermore, the company describes monitoring mechanisms, such as "regular meeting (once for 2-3 months) will be held by the CSC Energy Conservation and the Carbon Reduction & Neutral Promotion Unit to check whether the engagement works or not," and indirect lobbying alignment through trade associations, stating that it "join[s] policy committee of trade associations to track closely with the new launching/revising acts." While the evidence does not mention a detailed lobbying audit or annual lobbying report, the described policies, monitoring processes, and oversight structures indicate strong governance with monitoring details and responsible parties identified.
|
3
|