SKC Co Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate SKC Co Ltd provides a reasonable but not exhaustive view of its climate-related lobbying. It pinpoints one concrete initiative—the company’s participation in the “International Intergovernmental Negotiating Committee (INC) meeting to develop international legally binding documents on the Plastic Pollution Secretariat”—which shows it has disclosed a specific policy focus, although it does not list any additional policies it has engaged on. The mechanisms and targets of its advocacy are described with fair clarity, noting that the firm is “participating in a national expert consultative body” and has “submitted our policy opinions … to the Ministry of Foreign Affairs and Trade of the Republic of Korea,” thereby revealing both how and to whom it lobbies. The most detailed element is the articulation of desired outcomes: the company calls for an “imposition of a feasible international joint obligation” across the plastics lifecycle, promotion of “alternative plastics such as biodegradable plastics and bioplastics,” initiatives for “raising environmental awareness through the efforts of both the government and the private sector,” and safeguards to “avoid greenwashing.” These explicit goals demonstrate a clear policy position, but because only one policy process is cited, the overall transparency of its lobbying portfolio remains moderate rather than comprehensive. 2
Lobbying Governance
Overall Assessment Comment Score
None SKC Co Ltd does not disclose any governance process for lobbying. SKC emphasizes its enhanced oversight through the Governance Innovation Plan and the establishment of “the ESG Committee under the Board of Directors in 2021,” which “reviews the overall ESG promotion strategy, including climate change response, and also reviews mid- to long-term strategies, business plan, and large-scale investment plan in advance to provide communication management, guidance, and supervision to stakeholders.” The Audit Committee similarly “oversees regular reviews, suggestions and opinions on ESG risks, and confirmation of corrective actions.” SKC also highlights its Internal ESG Promotion Committee that “systematically responds to risks and opportunities associated with climate change” and its use of the SVMS to “develop and monitor 43 ESG performance indicators, including GHG emissions, energy consumption, renewable energy usage, climate change response.” However, there is no disclosure of any policy, process, or named individual or body governing or aligning direct or indirect lobbying activities with SKC’s climate objectives, and no evidence of oversight of trade associations for climate-related advocacy. 0