HD Korea Shipbuilding & Offshore Engineering Co Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Limited	HD Korea Shipbuilding & Offshore Engineering provides a basic but limited picture of its climate-related lobbying. It identifies one concrete policy engagement – the Republic of Korea’s greenhouse-gas emissions trading system for the 2021-2025 period – and explains why this scheme matters to the company, but it does not mention any other climate policies it has lobbied. The company indicates that it engaged directly with the Republic of Korea’s Ministry of Environment, thereby naming both the mechanism (direct engagement to argue its position) and the policymaking target, yet it does not describe any additional channels such as written submissions, industry associations, or coalition work. The objective of the engagement is outlined: the company seeks an allocation methodology that credits lifecycle-based emissions reductions and allows short-term increases while it develops low-carbon vessels. Although this clarifies one desired policy change, no further, distinct outcomes are described. Overall, the disclosures show some transparency but remain narrow in scope and detail.	1

Lobbying Governance

Overall Assessment	Comment	Score
Limited	HD Korea Shipbuilding & Offshore Engineering Co Ltd offers only limited insight into how it governs lobbying and other public-policy engagement. The company notes that it "joined and signed a joint announcement for 2050 Carbon Neutrality Declaration of the shipbuilding industry in April 2021" and confirms "Yes" when asked whether it has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement," showing a stated intention to align advocacy with climate goals. However, beyond this high-level commitment, the evidence does not explain who within the organisation oversees lobbying, how engagement activities are reviewed for consistency with its climate strategy, or whether the company monitors the positions of trade associations. In the absence of any description of internal oversight bodies, monitoring procedures, or corrective actions, the disclosure remains a general statement of intent rather than a defined governance process.	1