Climate Policy Engagement Analysis
Climate Policy Engagement Overview: The Korea Chemical Industry Association (KCIA) appears to have limited engagement with climate policy in South Korea. The association has expressed broadly negative positions on the need for drastic emissions reductions and policy mechanisms to respond to climate change. KCIA also appeared to advocate for increased support for recycling without stating a position on the need to reduce and reuse plastic waste.
Top-line Messaging on Climate Policy: KCIA has limited top-line messaging on climate policy in South Korea. In a May 2024 HKBS news article, KCIA appeared to support government policies to achieve a circular economy.
Engagement with Climate-Related Regulations: KCIA has limited engagement with climate change regulations in South Korea. As reported by Chosun Ilbo news article in March 2023, KCIA appeared not to support the implementation plans for the 2030 NDC GHG emissions reduction target of South Korea, stating that “it is impossible to reduce GHG emissions by 20%” in the petrochemical industry while increasing production scale in the industry. During the November 2024 National Assembly Policy Seminar and the September 2024 National Assembly Policy Seminar, KCIA appeared to advocate for increased support for recycling without stating a position on the need to reduce and reuse plastic waste.
Positioning on Energy Transition: KCIA appears to have both positive and negative engagement with the transition of the energy mix. In a June 2023 Biz Herald news article, KCIA appeared to support increasing renewable power supply in the energy mix, stating that “the use of renewable energy will increase in the future” and “there should be more renewable energy suppliers.” However, the association has also advocated for lowered tariffs on fossil fuels. In the same June 2023 Biz Herald news article, KPIA advocated for tariff exemptions on flammable oil (naphtha), citing ‘difficulties’ for petrochemical businesses.
InfluenceMap collects and assesses evidence of corporate 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.