KAMCO to Issue ESG Bonds Worth 3 Trillion KRW by 2023
[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) announced on the 15th that it will issue ESG (Environmental, Social, and Governance) bonds worth 3 trillion won by 2023.
According to the plan, KAMCO will start issuing ESG bonds worth 200 billion won from June. The expected total issuance amount for this year is 1.3 trillion won.
The funds raised through bond issuance will be used for financial support to industries affected by COVID-19, construction of zero-energy smart office buildings utilizing national and public land, and green remodeling of old buildings.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Moon Sung-yoo, President of KAMCO, emphasized, “We will focus on sustainability and value enhancement from bond issuance to business investment and promote key projects accordingly.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
