Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Samsung Electronics provides extensive detail about its climate-policy lobbying. It names concrete initiatives, including its multi-year advocacy for Vietnam’s Direct Power Purchase Agreement (DPPA) decree issued in July 2024, efforts with South Korea’s Ministry of Trade, Industry and Energy to refine the Green Premium Programme and promote corporate PPAs, and work with the Ministry of Environment on Korea’s emission-trading scheme through the “CER Exchange Committee” and a new incorporated association. Participation in the Clean Energy Alliance and Asia Clean Energy Coalition is also disclosed as part of its policy portfolio. The company is equally clear on how and where it lobbies. It cites “attending corporate meetings to increase transparency in South Korea's Green Premium Program,” “proposing policy enhancements” to the Vietnamese Prime Minister’s Office and Ministry of Industry and Trade on the DPPA, “management-level meetings to promote the trading scheme” with Korea’s Ministry of Environment, technical consultations, hosted seminars and written recommendations channelled through coalitions such as CEA and ACEC. By naming these specific mechanisms and the government bodies targeted, Samsung sets out a transparent map of its lobbying activity. It also articulates the outcomes it seeks. In Vietnam it aims to “create more price transparency in the renewable energy market and boost investment”; in South Korea it pursues “enhancing transparency and additionality within the Green Premium,” “streamlining renewable energy project development and permitting processes,” and expanding affordable renewable energy supply; and through its emission-trading work it seeks to “guide development of the scheme, increase trading volume and ultimately cut carbon emissions.” These clearly stated goals show exactly how the company wants policy to evolve. Across all three areas—policies lobbied, mechanisms used and outcomes sought—the disclosures are specific, comprehensive and consistently linked to climate-related objectives, demonstrating a very high level of transparency in Samsung Electronics’ climate lobbying activities. | 4 |