Climate Change

Hyundai Motor

Brands and Associated Companies Hyundai Kia
InfluenceMap Score
D-
Performance Band
45%
Organisation Score
34%
Relationship Score
Sector:
Automotive
Head​quarters:
Seoul, South Korea
Brands and Associated Companies
Hyundai, Kia

Hyundai appears to demonstrate a limited yet mostly negative engagement with climate change policy. In South Korea, in 2014, press reports indicate the company successfully engaged policy makers to postpone the introduction of a carbon tax until 2020. Despite detailing support for U.S. energy efficiency standards in their 2014 CDP response to questions on policy engagement, the company was fined by US regulators in November 2014 for attempting to avoid EPA CAFE regulations by misreporting vehicle testing data. Despite this, Hyundai appears to support the need to transfer to a low-carbon economy and in 2014 lobbied the U.S. government for continued support] of clean transportation technology. The company is not transparent about its membership of trade associations. Research shows that a Hyundai senior executive is Vice Chairman of the Federation of Korean Industries and a senior executive of its European operations is a board member of the European Automobile Manufacturers Association (ACEA), a trade association opposing multiple strands of EU climate regulations and policy.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 NS -2 NS 2 NS NS NA
Climate Science Stance NS NS NA NS NS NS NS NA
Need for climate regulations NS NS NS NS NS NS NS NA
UN Treaty Support NS NS NA NS NS NS NS NA
Transparency on Legislation -1 NA 1 NA NA NA NS 0
Carbon Tax NS NS NS NS -2 NS NS NA
Emissions Trading 0 NS 0 NS NS NS NS NA
Energy Efficiency Standards NS NS 1 1 -2 NS NS NA
Renewable Energy Legislation NS NS 1 NS NS NS NS NA
Energy Policy and Mix 0 1 1 NS 1 NS NS NA
GHG Emission Standards NS NS 0 NS -2 NS NS NA
Disclosure on Relationships -1 NS -1 NA NA NA NS 1
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
36%
 
22%
 
27%
 
29%

How to Read our Relationship Score Map

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.