We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The CEO of KT Corporation, Ku Hyeon-Mo, is the Vice President of the Korea Enterprises Federation (KEF). (KEF website, last accessed September 2022)
Ku Hyeon-Mo (구현모)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The CEO of KT Corporation, Ku Hyeon-Mo, is the Vice President of the Korea Enterprises Federation (KEF). (KEF website, last accessed September 2022)
Ku Hyeon-Mo (구현모)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The Senior Executive of KT Corpoation, Cho Chang-hwan, is a member of the Taxation Committee of the Korea Chamber of Commerce and Industry (KCCI). (KCCI website, last accessed September 2022)
Cho Chang-hwan (조창환)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The Senior Executive of KT Corpoation, Cho Chang-hwan, is a member of the Taxation Committee of the Korea Chamber of Commerce and Industry (KCCI). (KCCI website, last accessed September 2022)
Cho Chang-hwan (조창환)
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Policy Engagement Overview: KT Corporation appears to have very limited engagement with climate change policy in Korea. It appears to have engaged with the Korea Emissions Trading Scheme (K-ETS) and has stated high-level support for energy efficiency policy and renewable energy policy.
Top-line Messaging on Climate Policy: InfluenceMap found limited evidence of clear top-line messaging on climate policy by KT Corporation. On its corporate website accessed in September 2022, KT Corporation stated support for the Net-Zero 2050 goal of the Korean government through the ESG Management Declaration.
*Engagement with Climate-Related Regulations:” KT Corporation has taken mixed positive and negative positions on the K-ETS, and stated high level-support for energy efficiency and renewable energy policy. In an op-ed article of Gwangju Dream in October 2022, KT Corporation supported the K-ETS, calling for “more stringent signal” to corporates by not allocating emission permits to them too much. In the 2021 CDP Climate Change Information Request, the corporate stated support for the K-ETS via the policy engagements of the Korea Telecommunication Operators Association (KTOA). However, in a July 2022 article by Aju News, KT Corporation advocated for allocating free carbon emission allowances for the telecommunication industry, arguing that there should be such benefit given to the industry in consideration of the industry’s continuous investments in telecommunication equipments.
In an op-ed article of Gwangju Dream in October 2022, KT Corporation appeared to support the legislation of energy efficiency policy for reducing carbon emissions. Also, the company appeared to support renewable energy expansion policy, stating that it would be a “great opportunity” for the company.
Positioning on Energy Transition: InfluenceMap found limited evidence of KT Corporation’s engagement on the transition to a low-carbon energy mix. In its 2022 ESG Report in July 2022, KT Corporation stated that ‘the use of renewable energy is the key to achieving Net Zero’, without clear conditions of the pace and extent of expanding renewables, as well as the need for government policy to support it. As reported by Aju News in July 2022, KT Corporation stated support for using solar power in its base station, however, it did not state if it supported the need for related policy.
Industry Association Governance: KT Corporation disclosed a list of its industry association memberships, but it did not disclose details of the company’s role within industry associations’ governing bodies nor their climate change policy positions in its 2022 ESG Report. In the response to the 2022 CDP Climate Change Information Request, KT Corporation disclosed its membership and its climate policy alignment with KTOA. However, the company did not disclose its memberships to the Korea Enterprises Federation (KEF) and the Korea Chamber of Commerce and Industry (KCCI).