Amorepacific Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Amorepacific provides some, but still limited, insight into its climate-related lobbying. It identifies one concrete legislative focus, the Republic of Korea’s “Electric Utility Act” and links this to the issue of “electricity grid access for renewables,” showing it has disclosed at least one specific policy it seeks to influence. The company also names its primary target, the “Ministry of Trade, Industry and Energy,” noting that it has “actively engaged with policymakers and stakeholders to advocate for improvements in the institutional framework.” However, the description of its activity stops at the broad statement of engagement; it does not clarify whether this took the form of written submissions, meetings, public consultations, or work through trade associations, so the methods remain largely opaque. The most detailed element concerns the outcomes it pursues: it wants “enhancing the PPA rate system to make it more appealing to renewable energy project developers and corporate buyers” and “streamlined administrative processes for obtaining PPAs,” objectives that are clearly articulated and linked to its wider aim of accelerating renewable energy uptake. Overall, while the company is clear about one policy target and the changes it seeks, it discloses only a single lobbying mechanism in vague terms and does not discuss any other climate policies or tactics, resulting in a generally limited level of transparency. 1
Lobbying Governance
Overall Assessment Comment Score
Limited Amorepacific Corp publishes a public position that its engagement activities align “with the goals of the Paris Agreement,” affirming “Yes” when asked about this commitment, and refers to policy engagement by stating “we are doing work with diverse stakeholders, including the government, businesses, suppliers, civic groups, and customers.” However, the company does not disclose any formal framework or process for reviewing or managing these policy engagement activities against its climate strategy, nor does it identify any individual or board committee that oversees lobbying alignment, and we found no evidence of procedures to align direct advocacy or indirect trade-association engagement with its climate objectives. 1