Korean institutional investors ahead of Asian peers in climate disclosure

Korea's institutional investors are steadily advancing in climate governance, slightly outperforming the average Asian investor in climate disclosures and internal policies, the Asia Investor Group on Climate Change (AIGCC) said Tuesday. In its analysis of 18 influential Korean institutional investors managing a combined 2.87 trillion won ($2.07 billion) in assets under management, AIGCC noted that a growing proportion of Korean investors integrate climate considerations into their portfolios, and align with international disclosure standards. Notably, 78 percent of Korean investors recognized the financial materiality of climate change, compared to 75 percent of Asian investors overall. This recognition has led 67 percent of Korean investors to integrate climate considerations into their investment policies, compared to 66 percent across Asia. Additionally, 44 percent of Korean investors have disclosed the results of physical risk assessments of their portfolios, and half of the investors posted disclosures that align with international standards. By contrast, 43 percent and 39 percentWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times