Korea Electric Power Corporation (KEPCO)

InfluenceMap Score
D
Performance Band
47%
Organisation Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Naju, South Korea

Korea Electric Power Corporation (KEPCO) has made positive top-line statements on climate, however, appears to be lobbying less positively on specific policy issues. A statement from KEPCO’s former CEO, Hwan-Eik Cho, in 2016 indicated support for the Paris Agreement, although also suggested reservations about the likelihood of it being achieved. In its annual reporting, KEPCO has stated that it is working to help achieve Korea’s 11% 2030 renewables target and GHG emissions reduction target, however, the company has not disclosed its position on various climate policies in detail. KEPCO does not appear to be supporting ambitious cap and trade policy in Korea. Despite stating support for the scheme in its 2017 CDP Information Request response, this was on the premise the emission allocations are 'realistic'. In 2018 KEPCO signed a joint letter to Korean policymakers criticizing the costs of the scheme and urging the government to introduce more emissions credits. In 2016-2018, statements from KEPCO's CEO have publicly indicated support for a low-carbon energy transition. However, this appears to be misaligned from its advocacy for coal’s role in the energy mix, including pushing for the opening of a KEPCO-owned coal mine in Australia and coal power plants in the Philippines.

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

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.