Lobbying Governance
| Overall Assessment | Analysis | Score |
|---|---|---|
| Moderate |
LG H&H discloses a formal oversight structure that touches on how its climate-related advocacy through external associations is governed, indicating a moderate level of lobbying governance. The ESG Committee, a board-level body composed of “one executive director and four independent directors,” is said to “monitor… the participating associations’ activities related to climate change on the same level to prevent any conflicts of interest on climate change issues,” suggesting an internal mechanism for checking indirect lobbying alignment. Responsibility is clearly assigned: “the CFO chairs the ESG Committee,” while “the CEO holds the final decision-making authority on the company’s climate change response activities,” demonstrating identifiable senior oversight of these reviews. However, the company does not disclose any equivalent process for managing or approving its own direct lobbying positions, nor does it publish a detailed alignment audit or specify criteria for assessing trade associations beyond the broad aim of avoiding conflict. No information is provided on escalation steps, corrective actions, or withdrawal from bodies whose policy positions diverge from LG H&H’s climate goals. Consequently, while the existence of board-level monitoring of association activities indicates solid governance foundations, the absence of detailed procedures, coverage of direct lobbying, or a public alignment report limits the overall robustness and transparency of the framework.
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