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KIC to ramp up ESG efforts by signing UN-supported framework

The sovereign wealth fund is taking steps to align its portfolio to higher ESG standards by becoming the second Korean asset owner to join the UN-supported framework.
KIC to ramp up ESG efforts by signing UN-supported framework
The Korea Investment Corporation (KIC) is aiming to become a signatory of the UN-supported framework Principles for Responsible Investment (PRI) in a bid to expand its sustainable investing agenda both internally and through global partnerships, the sovereign wealth fund announced on October 5. KIC established its own stewardship principles in 2018 and has been fully ESG (environment, social and governance) integrated since 2020, meaning that ESG considerations are applied to enti…
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