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Korean fund giants KIC and NPS to ramp up ESG stewardship on overseas investments

Shusi He
Korea Investment Corporation (KIC) and the National Pension Service (NPS) plan to enhance overseas voting rights and mandatory ESG filings for overseas companies.
Korean fund giants KIC and NPS to ramp up ESG stewardship on overseas investments

Two of South Korea's largest government funds - the Korea Investment Corporation (KIC) and the National Pension Service (NPS) - have embarked on a series of ESG ownership actions as part of their $500 billion in overseas investments.

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