Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | Posco DX provides thorough, specific insight into every dimension of its climate-policy lobbying. It names multiple identifiable measures it engages on, including Korea’s “Carbon Neutrality Vision and Strategy for Industry and Energy,” the EU Emissions Trading System, the Carbon Border Adjustment Mechanism and national debates such as the National Assembly’s “Green Hydrogen Policy Review and System Improvement Plan.” The company is equally transparent about how and where it tries to influence these measures, describing suggestions channelled “through the Korea Steel Association,” participation in the Climate Change Forum and Steel Forum of the National Assembly, and discussions convened by the Ministry of Trade, Industry and Energy, while identifying its direct targets—MOTIE officials and members of the National Assembly’s Climate Special Committee and Environment and Labor Committee. Finally, it sets out clear objectives: securing government funding and budget allocations for hydrogen-reduced steel R&D, embedding the technology in a long-term national strategy, and obtaining “active support measures … at the government level,” because, as the company explains, “systematic public-private cooperation is needed so that Korea does not fall behind in the global carbon neutral trend.” This level of detail demonstrates comprehensive transparency across the policies addressed, the mechanisms deployed and the outcomes sought. | 4 |