Republic of Korea
2024
- 4Active policies mapped
- 2Disclosure
- 1Transition planning
- 1Public procurement
Domain Assessment
The Monitor assesses how ambitious, comprehensive, and stringent net zero regulations and policies are across different jurisdictions and domains, considering up to 265 data points for each policy tool.
Please hover over a table column to see a description
| Climate-related disclosure | Criteria fulfilled | Criteria not fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled |
|---|---|---|---|---|---|---|---|---|---|
| Transition planning | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled |
| Public procurement | Criteria fulfilled | Criteria not fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria not fulfilled | Criteria not fulfilled |
Legend
- - Criteria fulfilled
- - Criteria not fulfilled
Policy Tool Assessment
4 policy tools
Our law firm network identifies and analyses policy tools relevant to each domain to allow the Monitor to assess their ambition, stringency, and comprehensiveness.
| Policy Tool Name | Domain | Year in force | Net zero aligned | Domain ambition 1 | Domain ambition 2 | Mandatory | Enforceable | Data transparency & verification | Variety of targeted entities / activities | Scope 3/non-carbon GHGs | Offsets |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Environmental Technology and Industry Support Act (환경기술 및 환경산업 지원법) | D | 2021 | No | No | Yes | Yes | Yes | No | Yes | No | No |
| Environmental, Social, and Governance (ESG) Disclosure Requirements | D | 2028 | Yes | No | Yes | Yes | No | Yes | Yes | Yes | Yes |
| FRAMEWORK ACT ON CARBON NEUTRALITY AND GREEN GROWTH FOR COPING WITH CLIMATE CRISIS | TP | 2022 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Public Procurement Service (PPS) Green Procurement Policy | PP | 2005 | Yes | No | Yes | Yes | Yes | Yes | Yes | No | No |
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Legal Expert Network
Dentons Lee
Domains covered:
- Disclosure
- Transition Planning
- Public Procurement
Authors
- Hailey Hye in JIN (Lead)
- John JungKyum KIM
Kim & Chang
Domains covered:
- Disclosure
- Transition Planning
- Public Procurement
Authors
- Hye-Sung Kim (Lead)
- Joonyup Park
- Yoomin Lee
