Climate Policy Engagement Overview: Doosan Enerbility appears to be actively engaging with climate-related regulation in South Korea with a mixture of positive and negative positions. Doosan Enerbility has engaged negatively with the Korea Emissions Trading Scheme (K-ETS) but appears to support the Korean government’s renewable energy policy. Doosan Enerbility has taken mixed positions on the low-carbon transition of the energy mix, supporting renewable energy but also certain fossil-fuel based energy and technologies.

Top-line Messaging on Climate Policy: Doosan Enerbility generally supports action to achieve carbon neutrality in line with IPCC recommendations, but its position on the need for climate regulations is unclear. According to a press release by the South Korean Ministry of Trade, Industry and Energy (MOTIE) published in November 2021, Doosan Enerbility expressed support for the ‘2050 Carbon Neutral Standardization Strategy’ as part of implementing Korea’s NDC targets. The CEO of Doosan Enerbility, Park Ji-won did not specify whether the company supports global climate change regulation, in the company’s 2022 Integrated report issued in July 2022.

Engagement with Climate-Related Regulations: Doosan Enerbility actively engages with renewable energy policies in South Korea, supporting government investment and subsidies. It also appears to engage with the Korea Emissions Trading Scheme (K-ETS), but does not appear to disclose its position on or engagement with other climate-related policies on its corporate website. In its 2021 CDP Climate Change response, Doosan Enerbility did not support an ambitious Korea Emissions Trading Scheme (K-ETS), supporting an increased number of free allowances for the machinery industry. Doosan Enerbility did not respond to CDP’s 2022 Climate Change Information Request. Doosan Enerbility appears to be supportive of renewable energy legislation in Korea. The Chairman of Doosan Enerbility has advocated for wind power generation policy as part of Korea's Green New Deal. Doosan Enerbility expressed support for government investments in renewable energy in its Korea FSS Annual Report Filing, published in 2022. In Doosan Enerbility’s Korea FSS Annual Report Filing issued in 2023, the company appears to support the Renewable Energy 3020 policy, and advocated for government subsidies in the early stages of renewables growth in Korea. In Doosan Enerbility’s 2022 Integrated report issued in July 2022, the company appeared to support South Korea's Nationally Determined Contribution (NDC) GHG emissions target.

Positioning on Energy Transition: Doosan Enerbility takes mixed positions on the low-carbon energy transition, appearing to support increased use of renewables but also advocating for certain fossil fuel technologies. In a company press release from June 2022, Doosan Enerbility appeared to support the co-firing of ammonia with coal, but did not specify a timeline for the phaseout of coal and decarbonizing ammonia production. According to a press release by MOTIE published in May 2022, Doosan Enerbility expressed support for the government’s nuclear power plant promotion policies. In a press release by MOTIE published in July 2022, Doosan Enerbility supported nuclear power in the K-Taxonomy, but without a clear position on the role of renewables or fossil fuels in the overall energy mix. According to a press release by the MOTIE published in March 2023, Doosan Enerbility advocated for the government support in order to establish infrastructure for clean hydrogen, without stating what production methods this would entail. In a press release by MOTIE published in July 2022, Doosan Enerbility appeared to support expansion of the government classification for 'clean hydrogen', but did not specify what classify as ‘clean’. In its 2020 Integrated report published in July 2021, the company appeared to support the development of hydrogen produced from renewable energy or from fossil fuels with CCUS, while also acknowledging the need to reduce fossil fuel usage. However, according to a press release by MOTIE published in March 2023, Doosan Enerbility expressed support for hydrogen infrastructure without stating the need to fully decarbonize hydrogen production.

Industry Association Governance: Doosan Enerbility disclosed a complete list of its industry association memberships in its 2022 Integrated report, published in July 2022. However, the company has not disclosed an account of its industry associations' climate policy positions and engagement activities. The Vice President of Doosan, and the Chairman of Doosan Enerbility, Park Ji-won, is a Vice President at the Seoul branch of the Korea Chamber of Commerce and Industry (KCCI), which has engaged negatively on South Korean climate policy including the 2030 GHG emissions reduction target (NDC), and the K-ETS.