Korea Investment Corporation Discusses Global ESG Investment Strategies with Public Institutional Investors

[Asia Economy Reporter Minji Lee] Korea Investment Corporation (KIC) announced on the afternoon of the 7th that it will hold the 2nd KIC ESG Day at the KIC headquarters with domestic public sector overseas investment officers such as pension funds and mutual aid associations. At the event, the KIC Investment Planning Office will first introduce global ESG investment trends and KIC's responsible investment policies.

Claudia Waremaus, Co-Head Managing Director of Responsible Investment at BMO Global Asset Management, is scheduled to present to the attendees on how responsible investment contributes to returns through cases of overseas pension funds.

Based on the presentations, participants will exchange mutual opinions on the application of ESG by domestic institutional investors and review the rapidly growing global ESG investment status and future prospects following the COVID-19 pandemic.

This ESG Day is being held for the second time this year following last year as part of KIC's efforts to activate communication based on responsible investment. Due to the COVID-19 situation, only some personnel will attend on-site, while most participants will join via live streaming through video conferencing.

President Heenam Choi emphasized, "ESG has now established itself as an unstoppable global trend, and active participation from domestic institutional investors is also required," adding, "Through ESG Day, KIC plans to strengthen ESG investment information exchange among domestic institutional investors and expand cooperation with leading overseas institutions to develop it into an international event."

KIC was a pioneer among domestic institutional investors in establishing stewardship principles and has made significant efforts to achieve the goals of ESG investment and return enhancement by building an integrated system that applies ESG across all asset classes and investment processes. On this day, KIC also plans to present a new blueprint for expanding ESG investment. Moving beyond the existing global ESG strategic fund management, KIC intends to promote investment strategies suitable for the Green New Deal era by strengthening ESG analytical capabilities and building portfolios composed of selected ESG excellent companies.

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