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NPS keeps targeting fossil fuels despite ESG aims

Hans Poulsen
The Korean state pension fund is pursuing a seemingly muddled strategy, investing in fossil fuel projects even as it says it will implement environmental, social and governance efforts.
NPS keeps targeting fossil fuels despite ESG aims

Korea’s National Pension Service (NPS) is seeking out attractive opportunities in fossil fuel-related investments at the same time as it pursues responsible investing in publicly listed assets according to environmental, social and governance (ESG) criteria.

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