Hanwha Aerospace Co Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	Hanwha Aerospace Co Ltd demonstrates a moderate level of transparency around its climate lobbying activities. It clearly describes its lobbying mechanisms—participating in the Youth Environmental Forum organized by the Republic of Korea’s Ministry of Environment and engaging in discussions on renewable energy incentives, energy efficiency measures, and carbon credit pricing—and identifies the Ministry of Environment as its target. It names the specific policy it engaged on, South Korea’s 2050 Carbon Neutrality initiative, and outlines its desired outcomes: incentives for companies to switch to renewable energy, improved energy efficiency, management of carbon sinks, and support for vulnerable communities. While these disclosures provide substantial clarity on how and why it is lobbying, the company cites only a single policy engagement, leaving the full scope of its lobbying activities less visible.	2

Lobbying Governance

Overall Assessment	Comment	Score
Limited	Hanwha Aerospace confirms “Yes” to having a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” indicating a stated alignment intent. However, the company does not disclose any specific governance framework for lobbying activities—there is no named individual or committee responsible for oversight, no process for monitoring or reviewing its direct or indirect lobbying, and no mechanisms to ensure that its advocacy aligns with its climate policy. We found no evidence of formal review procedures, board sign-off, or trade association engagement criteria to manage climate-related lobbying.	1