Press Releases
Press Releases
Total 8
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8
KoSIF Calls for Common Standards and Supervisory Oversight of Financial Institutions’ Transition Plans … ide transition plans and financial supervisory oversight to drive the real economy toward net zero goal, rather than merely providing temporary support to high-carbon industries. This requ …2026-08-31
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7
“Korea Must Raise Its Basic Plan Target to Meet the 2035 NDC” — Five Times the 2022 Level of Renewables Needed … n Partner. Climate GroupClimate Group drives climate action. Fast. Our goal is a world of net zero carbon emissions by 2050, with greater prosperity for all. We focus on systems with the h …2025-12-09
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6
"Korea’s NPS ‘Coal Investment Restriction Strategy’ Justifying the ‘Free Rider’ in the Era of Climate Crisis" … ed assets.In this regard, KoSIF urges the NPS to adopt an approach centered on achieving ‘Net Zero for the Asset Portfolio.’ Specifically, the NPS should calculate the financed emissions o …2024-12-24
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5
Fossil Fuel Finance Reaches KRW 331.5 Trillion, Red Flagging Financial Institutions' 2050 Net-Zero Goals … rease in fossil fuel finance poses a serious obstacle to financial institutions achieving net zero by 2050. Future exposure projection modeling focused solely on coal finance indicates tha …2024-08-27
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Korean financial institutions hold KRW 118.5 trillion in fossil fuel finance assets … "Financial institutions must restructure their long-term asset portfolios with a view to net zero by 2050, including an interim target for 2030."[1] Insured amounts are covered in detail …2023-06-23
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3
Korean and global insurance experts agree: insurers must step up on climate risk … iss Re, the world's second-largest reinsurer, and UN body UNEP FI: "Insurers must aim for net zero" The office of Rep. Yongwoo Lee, the Korea Insurance Research Institute (KIRI), the Korea …2023-06-19
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2
NPS financed emissions calculated and disclosed for the first time in Korea: 27.1 million tonnes from part of its domestic equity holdings in 2021 … art of the NPS's domestic equity holdings in 2021- Measure financed emissions, set a 2040 net zero target, act to deliver it -Korea Sustainability Investing Forum calls on the NPS to "reac …2023-04-19
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1
Korean companies' renewable energy demand cannot be met without raising the government's supply target … artner in Korea, said: "Worldwide, beyond RE100, around7,000 companies that have declared net zero are setting net zero targets that include supply chain emissions (Scope 3), and mandatory …2023-03-21