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Overall Assessment |
Comment |
Score |
Comprehensive |
Samsung Electro-Mechanics provides a high level of transparency on all aspects of its climate-policy advocacy. It names several concrete measures it has engaged on, including the “Korea Emissions Trading System (K-ETS),” the “Carbon Neutral Act,” the “Special Act on the Promotion of Carbon Neutral Industry Transformation,” and earlier work on the government’s “emission trading pilot project.” The company also spells out how and with whom it lobbies, noting that it “participates in surveys and councils related to the system,” met with the “Ministry of Environment,” joined the government-run “Electrical and Electronic Carbon Neutrality Committee,” and offered “active feedback to improve relevant systems of government,” thereby identifying both the mechanisms (surveys, councils, committees, policy consultations) and the target entities (the Ministry of Environment, other Korean government bodies) of its engagement. Finally, it is explicit about the results it seeks, backing K-ETS “with no exceptions,” supporting enactment of the Special Act to “spread reduction technologies and develop high-efficiency technologies,” and proposing that the trading scheme “minimize the market intervention of the government,” adjust emission-allowance plans to reflect business realities, and revise “carry-over criteria” to encourage deeper reductions. Together these disclosures give a comprehensive picture of the company’s climate-related lobbying objectives, channels and policy focus.
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4
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Overall Assessment |
Comment |
Score |
Moderate |
Samsung Electro-Mechanics provides evidence of a structured, if still limited, approach to governing its climate-related policy engagement: it states that "Samsung Electro-Mechanics is continuously monitoring Korean laws and regulations to match the Korean government's climate change strategy with our company's strategy," and that it "check[s] the changes through the website of the Ministry of Environment and the Ministry of Legislation every month and share[s] them with the in-house legal team," indicating a recurring review mechanism and an internal function tasked with oversight. The company adds that "we also reflect our monthly internal reporting and regulatory impact on new regulations. Climate change transition plans and regulatory engagements are managed consistently," which suggests a process for aligning its advocacy with its transition plan. Direct engagement is illustrated by its participation in the government-run "Electrical and Electronic Carbon Neutrality Committee," through which it has "identified climate change-related matters… and proposed mid- to long-term carbon neutrality directions," showing that it actively integrates external policy dialogue into its own strategy. Furthermore, the company confirms that it has "a public commitment… to conduct [its] engagement activities in line with the goals of the Paris Agreement." However, the disclosure does not name a board-level committee, executive, or other senior body formally responsible for reviewing lobbying alignment, nor does it describe any assessment of indirect lobbying via trade associations or publish an external audit of its lobbying activities, leaving the breadth and accountability of the governance framework only moderately detailed.
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2
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