Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Strong | HD Hyundai Construction Equipment has demonstrated a high level of transparency in identifying the specific climate policies it lobbies, naming the “Emission Trading System,” the “Framework Act on Low-carbon Green Growth,” and the “Emissions Target Management System,” as well as domestic exhaust standards such as the Tier-4 Stage V exhaust regulation, and explaining its compliance obligations and risks under these schemes. Its disclosures also clearly outline the channels and targets of its advocacy, noting that it “communicates with officials from government and public organizations through official communication channels such as government-led policy briefings related to emissions regulations and the emission trading scheme (ETS),” engages in “public hearings with regulatory-related national institutions,” and provides manufacturer views in consultations on exhaust and refrigerant regulations. However, while it sets out corporate goals like “efforts to reduce GHG emissions” and “finalizing the GHG emissions and target,” it stops short of specifying the policy changes or legislative amendments it is seeking, focusing instead on adhering to existing regulatory frameworks. This indicates strong transparency around what and how it lobbies, alongside more general statements regarding its desired outcomes. | 3 |