Hyundai Department Store Co Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong Hyundai Department Store Co Ltd openly details how it communicates with policymakers, stating that it is "actively communicating with policy makers through participation in policy briefings organized by the government and related seminars and education by external organizations" and engaging "resource circulation and resource recycling policy makers on related regulations," as well as collaborating to "jointly promote various campaigns to inform consumers" about these topics. The company specifically names the Korea Emission Trading System (K-ETS), noting it is "subject to the Korea Emission Trading System (K-ETS) and is obliged to calculate and report emissions for greenhouse gases 1 and 2 every year," and highlights its subsidiary Hamnu Shopping’s role as a "greenhouse gas target management company." It also monitors the government’s plan for the "mandatory disclosure of ESG information for listed companies with assets of KRW 2 trillion by 2025." While the company expresses "support with minor exceptions" for the K-ETS and indicates it is preparing disclosures in line with upcoming ESG requirements, it does not articulate specific policy outcomes or proposed amendments, noting that "details about related policies ... and the timing is undecided." 3
Lobbying Governance
Overall Assessment Comment Score
Moderate Hyundai Department Store discloses that its “ESG department and the ESG Promotion Council” "constantly monitors eco-friendly policies, systems, and laws, including climate change," and that, "through cooperation with the government (Ministry of Environment) and related civic groups, we are comprehensively reviewing our ESG management response strategy and participation level." This shows a defined internal process and a named body responsible for checking whether the company’s external engagement aligns with its climate commitments, indicating some governance structure beyond mere compliance. Nevertheless, the company does not disclose any specific criteria, frequency, or public reporting on how it evaluates either its direct lobbying or its involvement in trade associations, nor does it describe steps taken to correct or exit misaligned advocacy. As a result, while there is evidence of monitoring and oversight, the transparency and detail of the lobbying-governance framework remain limited. 2