KIC ramps up ESG measures with voting rights push
South Korea’s sovereign wealth fund plans to build out and refine its capabilities as an active shareholder in support of sustainability goals.
Korea Investment Corporation (KIC) has mapped out a plan to increase its stewardship activities after the sovereign wealth fund started actively using its shareholder voting rights with regards to portfolio companies in 2023.
“As a long-term investor, KIC prioritises enhancing the long-term value of portfolio companies for the primary objective and success of strengthening our stewardship activities,” a KIC spokesperson told AsianInvestor.
This year marked the internal launch of…
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