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| Overall Assessment |
Analysis |
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Limited
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LG Energy Solution discloses a general compliance oversight structure, noting that "the Board of Directors (BoD) plays a crucial role in overseeing compliance matters" and that "the ESG Committee under the BoD assumes the role of supervision of the company-wide compliance management"; however, these statements concern broad compliance and do not explicitly describe how lobbying or policy-advocacy activities are governed. The only explicit climate-related lobbying reference is the affirmation that the company has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement," which indicates an intention to align engagement with climate goals but is not accompanied by a description of monitoring mechanisms, processes for reviewing direct or indirect lobbying, or named individuals responsible for ensuring such alignment. We found no evidence of procedures for tracking lobbying positions, assessing trade-association alignment, or reporting on lobbying activities. Consequently, the disclosure shows a basic commitment but provides limited insight into any structured lobbying governance process.
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| Overall Assessment |
Analysis |
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Limited
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LG Energy Solution provides only limited insight into its climate-policy lobbying. Through its participation in the RE100 Advisory Committee it identifies an indirect mechanism for influence, noting that the committee "establishes the main strategic direction and mid- to long-term roadmap of the RE100 campaigns" and offers advice on "policy proposals of each country." Beyond this reference, the company does not name any specific government bodies or jurisdictions it seeks to influence. It also discloses no individual laws, regulations or formal negotiations it has lobbied, referring instead in broad terms to engagement with "international agreement related to climate change mitigation." The purpose of this activity is described generically as promoting its own “global leadership,” networking and ensuring that carbon reduction "is easily achieved in the battery industry and supply chains,” but no concrete legislative changes, amendments, or quantitative targets are stated. As a result, while the company acknowledges some involvement in policy discussions and outlines a single channel through which that may occur, the disclosure lacks the detail necessary to understand which policies it is influencing, how it is doing so, and the specific outcomes it seeks.
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