LG Corp

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	LG Corp has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company has clearly named specific policies it has engaged with, including Korea's emissions trading scheme, the 'K-RE100' system promoting renewable energy use, and guidelines for the allocation of GHG emission allowances. It also disclosed its position on these policies, such as its partial support for Korea's emissions trading plan and full support for the K-RE100 system, providing detailed explanations of its engagement and geographical focus. LG has been equally transparent about its lobbying mechanisms, detailing direct and indirect methods such as participation in stakeholder forums established by the Ministry of Environment, public hearings, and industry meetings. Specific targets of its lobbying efforts, such as the Ministry of Environment and the government of the Republic of Korea, are clearly identified. Furthermore, LG has articulated the specific outcomes it seeks, including easing regulations on power facility capacity to promote on-site power purchase agreements, improving the electricity market structure, raising national renewable energy goals, and advocating for changes to the additional allocation calculation criteria under Korea's emissions trading scheme. These disclosures reflect LG's commitment to providing clear and detailed information about its climate lobbying activities and objectives.	4

Lobbying Governance

Overall Assessment	Comment	Score
Strong	LG Group demonstrates strong governance processes for climate lobbying alignment, particularly through its ESG Committee and climate governance structures. The ESG Committee "performs the role of deliberating, deciding, and supervising the mid- to long-term directions, goals, plans, opportunities, and risk response measures related to climate change," ensuring oversight of climate-related initiatives. Additionally, the LG ESG team is responsible for "establishing and updating the group's carbon neutrality integrated roadmap, managing the implementation performance of carbon neutrality by affiliates, and preparing climate change risk response systems," indicating a clear assignment of responsibilities for climate governance. The company also has a "Group Climate Change Council," which discusses "carbon neutrality implementation plans and tasks, renewable energy procurement plans, and offset credit acquisition plans," showcasing a structured process for monitoring and managing climate-related activities. While the evidence does not explicitly mention a detailed lobbying audit or review of trade association alignment, LG Group's governance structures and processes for climate-related initiatives are robust and well-defined, with clear monitoring mechanisms and accountability measures in place. This indicates strong governance.	3