Press Releases
Press Releases
Total 21
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9
How Far Have Korean Companies Come in Responding to Climate Change? CDP Korea Committee: "Governance, Supply Chains, and Carbon Pricing Are the Key Challenges" … ile, Scope 3 emissions — encompassing other indirect emissions including supply chains — amounted to approximately 2.179 billion tCO₂e, roughly eight times the combined Scope 1 and 2 …2025-04-28
- 8 2025-02-19
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7
KoSIF and SBTi Sign MOU to “Accelerate Science-Based Emissions Reductions by Korean Companies and Financial Institutions” KoSIF and SBTi Sign MOU to “Accelerate Science-Based Emissions Reductions by Korean Companies and Financial Institutions” - SBTi is a corporate climate action organization that enable …2025-02-04
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6
"Korea’s NPS ‘Coal Investment Restriction Strategy’ Justifying the ‘Free Rider’ in the Era of Climate Crisis" … ed Scale of Investment RestrictionsAccording to the NPS, its coal investments as of 2023 amounted to 24.4 trillion KRW domestically and 9.2 trillion KRW overseas. However, only 2.1 tr …2024-12-24
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5
Fossil Fuel Finance Reaches KRW 331.5 Trillion, Red Flagging Financial Institutions' 2050 Net-Zero Goals … total fossil fuel finance. This high proportion is largely driven by substantial insured amounts (KRW 134.0 trillion) provided by private non-life insurance companies [See Chart 1]. N …2024-08-27
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4
South Korea's ESG Finance Exceeds KRW 1,000 Trillion Threshold … s only if they were managed under domestic equity responsible investment mandates, which amounted to just KRW 6 trillion as of year-end 2022. The NPS classified all assets outsourced …2023-11-29
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3
98% of National Pension Service's Outsourced Responsible Investment Assets are 'ESG Washing’ … esponsible Investment Type') among various domestic equity outsourcing categories, which amounted to a mere 7.7 trillion won. However, in 2022, the NPS aggregated and disclosed all do …2023-10-26
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2
Korean Non-Life Insurers Lack Underwriting and Investment Policies on Oil and Natural Gas … r efforts to close the gap with their global peers.As of the end of June 2022, the total amount of fossil fuel-related financial support provided by the nine insurers stood at approxi …2023-03-28
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1
"The National Pension Service, as a Public Pension Fund, Must Send a Clear Signal on Coal Divestment" … nt exclusion policy built on a complacent combination of various options will ultimately amount to nothing more than "greenwashing.The NPS is a major institutional investor representi …2022-04-28