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.
Climate Policy Engagement Overview: The Korea Battery Industry Association (KBIA) appears to have very limited engagement with climate policy, and weak disclosure of its climate policy positioning and engagement activities.
Top-line Messaging on Climate Policy: InfluenceMap did not find evidence of clear top-line messaging on climate policy by KBIA.
Engagement with Climate-Related Regulations: InfluenceMap did not find evidence of KBIA’s positions on, or engagement with, various strands of climate policy in Korea.
Positioning on Energy Transition: InfluenceMap found limited evidence of KBIA’s engagement on the transition to a low-carbon energy mix. At the Electric/Electronics Carbon Neutrality Committee in March 2021, the Vice Chairman of KBIA, Jeong Sun-nam, appeared to support the electrification of transportation.