F&Guide Announces ESG Bond Index... First Developed Domestically

Co-developed with Korea Corporate Governance Service and ESG Moneta... Announcement from the 29th

[Asia Economy Reporter Kum Bo-ryeong] FnGuide is announcing the first ESG (Environmental, Social Responsibility, Governance) bond index in Korea.

Fund evaluation company FnGuide announced on the 28th that it has jointly developed the first ESG bond index in Korea with ESG evaluation firms Korea Corporate Governance Service and ESG Moneta, and will release it starting from the 29th.

The ESG bond index selects 25 corporate bonds issued by companies with a credit rating of AA- or higher and an ESG evaluation rating of B+ or higher to calculate the index. The ESG evaluation rating refers to a graded score assessing non-financial factors of a company, including Environmental management, Social responsibility management, and Governance elements.

An FnGuide official stated, "Interest in sustainable management is increasing domestically, and investment using non-financial indicators is a global trend expected to continue long-term, which led to the creation of the ESG bond index." He added, "ESG is expected to become an indispensable indicator in bond investment, and the ESG bond index is anticipated to be used not only as a benchmark for pension funds and life insurance companies but also in the development of financial products such as Exchange-Traded Funds (ETF) and Exchange-Traded Notes (ETN)."

This content was produced with the assistance of AI translation services.