Hanwha Corp

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	Hanwha Corp provides a reasonable but not exhaustive picture of its climate-policy lobbying. It openly names one specific measure it works on—the Korea Greenhouse Gas Emissions Trading System (K-ETS)—describing it as a policy it “supports with no exceptions,” yet it does not identify any other climate-related bills or regulations. Its explanation of how it tries to influence that scheme is far more detailed, noting that it engages the policy through “participating in public hearings, meetings, and parliamentary discussions” and that these interactions are directed at the government body responsible for the K-ETS, including the “Ministry of Environment” and forums on the “advancement of the BM allocation method.” The company is less explicit about what it wants to achieve: beyond “ensuring compliance with the greenhouse gas emission allowance” and “promoting suggestions related to the advancement of the BM allocation method,” it does not set out further amendments or quantified targets it seeks. Overall, the disclosure demonstrates clear insight into the mechanisms and targets of its lobbying but offers limited breadth on the policies covered and only general indications of desired outcomes.	2

Lobbying Governance

Overall Assessment	Comment	Score
Limited	Hanwha Corp provides only limited insight into how it governs lobbying and policy engagement. The company notes it has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement" and states that "our safety environment department manages all climate-change response work as well as carrying out the engagement activities," indicating a general intention to align external engagement with its climate strategy. Beyond this, the disclosure centres on internal climate-risk management—"we set up climate-related response system and disclosed carbon information according to TCFD recommendations"—but it offers no detail on how direct or indirect lobbying is monitored, how misalignment with trade associations is addressed, or which individual or board body reviews lobbying activities. In short, while a high-level commitment exists, the company does not disclose any concrete oversight structures, review mechanisms, or alignment procedures specific to lobbying, so its governance framework for climate-related advocacy remains largely undeveloped in the public domain.	1