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| Overall Assessment |
Comment |
Score |
| Limited |
LG Electronics provides some insight into its climate-policy engagement but the disclosure remains limited overall. It identifies one specific piece of legislation it engages with, the Korea Emissions Trading Scheme, noting that “Korea government implemented Korea ETS in 2015. LG Electronics participated in ETS as an electronics equipment manufacturer, calculates the emission amount, and reports the result to the Ministry of Environment.” For mechanisms, the company explains that it complies with the ETS by calculating and reporting its emissions to the Ministry of Environment and that it “propos[es] various technologies to the government to be recognized as official greenhouse gas reduction methodologies,” but it does not clarify whether it also meets, submits comments, or otherwise seeks to influence policymakers beyond these activities, nor does it name the specific government body that reviews the technology proposals. On desired outcomes, LG Electronics expresses a clear policy position in “supporting Korea ETS in the perspectives that it induces the activities for the companies to reduce the greenhouse gas emission,” and states that it wants its proposed technologies to be “recognized as official greenhouse gas reduction methodologies,” yet it offers no further detail on amendments, benchmarks, or timelines it is pursuing. The single policy named, the narrow description of mechanisms, and the general nature of the outcomes keep the level of transparency at a basic level.
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1
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| Overall Assessment |
Comment |
Score |
| Moderate |
LG Electronics discloses a process for keeping its policy engagement in line with its climate strategy, stating that it has “established company-level policies and standpoints in the safety and environment Council” so that “external engagements for various businesses, organizations, and regions” remain consistent with the company’s climate-change vision. This council is chaired by the CEO and includes “the head of the organization directly managing greenhouse gas and energy issues, as well as the head of the individual business with various engagements,” indicating a clearly identified body with senior-level oversight of engagement activities. The company also confirms “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” demonstrating an explicit intention to align its advocacy with climate goals. However, while the safety and environment council “discuss[es]” these matters, the disclosure does not describe how lobbying positions are monitored over time, nor does it outline any review of, or action toward, trade associations whose stances may conflict with LG Electronics’ climate policy. We found no evidence of a dedicated climate-lobbying audit, a systematic assessment of indirect lobbying, or publicly reported outcomes from the council’s oversight. Consequently, the governance appears to provide some structure and senior oversight but remains limited in detail and breadth regarding the mechanisms that ensure both direct and indirect lobbying activities stay aligned with the company’s climate objectives.
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2
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