The South Korean government has announced a 2050 carbon neutrality target in 2020, followed by a raised 2030 emissions reduction target in 2021. Corporations in Korea are extensively involved in influencing the shape and ambition of Korea’s emerging climate policies to deliver on these emissions reduction targets. This platform provides accessible analysis of these influencing activities, drawn from a database of over 1,200 individual data points.
The diagram below maps out the climate policy engagement of the largest companies operating in Korea which are most significant to climate change (see FAQs for how these companies are chosen).
The ‘Climate performance band’ charts the overall position of the company towards Paris-aligned climate policy, from most oppositional (left) to most supportive (right). The ‘Engagement Intensity’ expresses how actively a company is engaging with climate policy, with the most engaged companies at the top of the graph. Hover over the graph to see details of each company, or find each company's full metrics and online profile in the table below.
Information about Korean industry associations and their climate policy engagement can be found on the Industry Associations page.
InfluenceMap maintains the world’s leading database of corporate and industry association engagement with climate policy around the globe, covering over 400 companies and 200 industry groups globally. Full details of what our metrics mean are contained within the Info icons. A full explanation of our methodology can be found here.
Below is a ranking table with the companies included in this research. A summary profile and full access to the data underlying the assessments can be accessed via the links in the table
|Influencemap Performance Band||Organization||Engagement Intensity|
|D+||Hyundai Steel Co||10||Metals & Mining||Asia|
|D+||Hyundai Motor Group||35||Automobiles||Asia|
|D+||Samsung Electronics||11||Information Technology||Asia|
|D+||SK Innovation Co||9||Energy||Asia|
|D||SK Inc.||14||All Sectors||Asia|
|C-||SK Hynix||7||Information Technology||Asia|
|D+||POSCO||25||Metals & Mining||Asia|
|D+||Korea Electric Power Corporation (KEPCO)||27||Utilities||Asia|
|D||LG Electronics||1||Information Technology||Asia|
|D+||Korea Gas Corporation (KOGAS)||11||Energy||Asia|
|D||Korea Iron and Steel Association (KOSA)||19||Metals & Mining||Asia|
|E||Korea Automobile Manufacturers Association (KAMA)||21||Automobiles||Asia|
|D+||Korea Chamber of Commerce and Industry (KCCI)||25||All Sectors||Asia|
|E+||Korea Independent Power Producers Association (IPPA)||8||Energy||Asia|
|D-||Korea Enterprises Federation (KEF)||15||All Sectors||Asia|
|D||Korea International Trade Association (KITA)||12||All Sectors||Asia|
|D-||Korea Petrochemical Industry Association (KPIA)||7||Chemicals||Asia|
|D+||Korea Business Council for Sustainable Development (KBCSD)||8||All Sectors||Asia|
|B+||Korea New and Renewable Energy Association (KNREA)||11||Energy||Asia|
|E-||Federation of Korean Industries (FKI)||20||All Sectors||Asia|
|E||Korea Petroleum Association (KPA)||9||Energy||Asia|
|N/A||Korea Electronics Association (KEA)||1||Information Technology||Asia|
|N/A||Korea Battery Industry Association (KBIA)||0||Industrials||Asia|
|N/A||Korea Electric Vehicle Industry Association (KEVIA)||1||Automobiles||Asia|
|N/A||Korea Semiconductor Industry Association (KSIA)||3||Information Technology||Asia|