A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

South Korea Unveils ESG Taskforce for Capital Markets

South Korea’s Financial Supervisory Service (FSS) has established a new Capital Market ESG Supervision Task Force. The taskforce will be responsible for supervising companies making ESG disclosures, ESG-related financial products, and financial firms that sell those products. The disclosure rules look to address information asymmetry, prevent greenwashing and promote responsible management. The taskforce will be comprised of three workstreams: Corporate Disclosure Improvement, ESG Financial Product Activation and Risk Management Enhancement. Under the task force, seven asset management companies – selected based on the scale of their ESG fund operations – will work with Korea Financial Investment Association (KOFIA) and Korea Capital Market Institute (KCMI) to prepare new ESG fund disclosure standards. The disclosure standards will cover investment strategy and targets, relevance to ESG, and management capabilities and performance. “The standards are expected to help create an ESG investment environment that meets global standards by resolving investor information asymmetry, preventing greenwashing and inducing responsible management,” the FSS said. Korea also plans to introduce a mandatory ESG disclosure system for listed companies for implementation in 2025. 

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top