Recently, environmental disclosure standards for companies have become stricter, and greenwashing controversies are growing. At this juncture, the media has published a related column leveraging the insights of Attorney Kim Sung-woo from Solaris Law Office, who has deep expertise in environmental and energy regulation.

In this contribution, Attorney Kim Sung-woo addresses the controversy surrounding Hyundai Motor's carbon emissions disclosure, highlighting the importance of examining the entire production process to calculate accurate data. He explained that to establish carbon reduction targets that are actually effective, companies must look beyond the emissions generated directly in-house and expand their scope to include parts supplied by contractors. He advised that for a company to exercise climate leadership based on its market dominance, it must establish clear evidence-based data and manage its entire supply chain.

Solaris Law Office plans to continue providing in-depth legal counsel so that companies can establish appropriate response strategies amidst complex environmental regulations and prevent potential future disputes. You can read the full column at the link below.

▶ Read the full article: Automobile Decarbonization Starts with Accurate "Steel Disclosure"

Attorney Sungwoo Kim Publishes Column on the Importance of Supply Chain Carbon Disclosure in JoongAng Ilbo

As environmental disclosure standards become stricter globally, accurately calculating carbon emissions has emerged as a key task in corporate management. At a time when proper climate leadership is expected from businesses, Attorney Sungwoo Kim of SOLARIS contributed a column titled "Automobile Decarbonization Starts with Accurate 'Steel Disclosure'" to the JoongAng Ilbo. This reflects the media's recognition of his expertise in environmental and energy regulations.

In this article, Attorney Sungwoo Kim uses a recent controversy over an automaker's environmental disclosure as an example to emphasize that companies must carefully track data across their entire supply chain, including parts suppliers. He points out that counting only the steel used within a company's own factories makes it difficult to understand the true carbon footprint of the manufacturing process, which in turn limits the ability to set practical reduction goals. Furthermore, he advises that when a company with strong purchasing power demands low-carbon materials based on precise data, it can act as a lever to transform the entire industry.

SOLARIS will continue to provide in-depth legal advice to help clients accurately read complex environmental regulatory trends and comply with industry-wide environmental requirements. You can read the full column at the link below.