Climate Policy Engagement Analysis
Climate Policy Engagement Overview: Doosan Enerbility actively takes a mixture of positive and negative positions on the low-carbon energy transition, supporting increased use of renewables but also advocating fossil-fuel based energy and technologies. In 2023-24, the company appears to have limited but positive engagement with climate-related regulations in South Korea, including Offshore Wind Power Bidding Roadmap and Renewable Energy 3020 policy.
Top-line Messaging on Climate Policy: Doosan Enerbility occasionally supports action to achieve carbon neutrality in line with IPCC recommendations, but its position on the need for global climate regulations is unclear. In a June 2023 press release published by the Korea Chamber of Commerce and Industry (KCCI), Doosan Enerbility supported Vietnam's 2050 net-zero target and actions to achieve the target. However, in its 2022 Korea FSS Annual Report Filing issued in 2023, Doosan Enerbility did not specify whether the company supports climate change regulation.
Engagement with Climate-Related Regulations: InfluenceMap found limited evidence of Doosan Enerbility’s engagement with climate-related regulations in 2023-2024. At a September 2024 National Assembly Seminar on revitalizing the offshore wind power industry, Doosan Enerbility supported the Offshore Wind Power Bidding Roadmap. Also, in its 2022 Korea FSS Annual Report Filing issued in 2023, the company supported the Renewable Energy 3020 policy and government subsidies in the early stages of renewables growth in Korea.
Positioning on Energy Transition: Doosan Enerbility takes a mixture of positive and negative positions on the low-carbon energy transition, supporting increased use of renewables but also advocating fossil fuel technologies. In its News & Media article published in December 2024, Doosan Enerbility supported hydropower in the transition toward a renewables-dominated energy system, stating that hydropower would complement the intermittency and volatility of renewable energy. However, in its News & Media article published in May 2024, the company appeared to advocate for switching from coal to fossil gas in the energy mix without clear conditions related to CCS or mitigating methane emissions. In addition, in a January 2024 Newsis article, Doosan Enerbility advocated for the co-firing of ammonia with coal, without providing a clear timeline for the phaseout of coal and decarbonizing ammonia production.
Doosan Enerbility supports nuclear power and hydrogen, but it is unclear if the position is aligned with IPCC advice on delivering 1.5°C warming. According to a September 2024 Policy Briefing published by the Ministry of Trade, Industry and Energy (MOTIE), Doosan Enerbility supported the use of nuclear power and small modular reactors (SMRs) without a clear position on the energy mix in general. Also, in a January 2024 Chosun Ilbo article, the company supported nuclear power to produce clean hydrogen, but it is not clear if supporting a full transition towards a zero-emissions energy system.
Industry Association Governance: Doosan Enerbility disclosed a list of its industry association memberships in its 2024 Integrated report published in June 2024 without 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 actively on South Korean climate policy.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically.
This summary was last updated in Q1 2025.