Exchange Holds ESG Forum for KOSDAQ Listed Companies

Ahead of the KOSDAQ Market ESG Forum, (from the second person on the left in the front row) Hong Sun-wook, Head of the KOSDAQ Market Division, Jang Kyung-ho, Chairman of the KOSDAQ Association, Kim Hak-gyun, Chairman of the KRX KOSDAQ Market Committee, and other attendees are shouting "Fighting" and taking a commemorative photo.

[Asia Economy Reporter Minji Lee] The Korea Exchange announced that it jointly held the ‘KOSDAQ ESG Forum’ with the KOSDAQ Association on the 21st to raise awareness of ESG management among KOSDAQ-listed companies and to establish a foundation for its adoption.

The event was attended by 30 representative listed companies on KOSDAQ, as well as pension funds, asset management firms, and ESG evaluation agencies. The forum was held to create an environment where KOSDAQ companies recognize the necessity of ESG management and can independently implement sustainable management.

At the forum, Yoonnam Cho, CEO of Daishin Economic Research Institute, gave a keynote presentation titled ‘Improvement Measures for ESG Evaluation Ratings of KOSDAQ Companies’ for about an hour. Cho stated, “We expect that this forum will broaden KOSDAQ companies’ awareness of ESG management and encourage active responses to ESG information disclosure.”

In particular, the forum was held focusing on candidate companies for inclusion in the ‘KOSDAQ Global’ segment, scheduled to be introduced in the second half of the year, using the opportunity to promote the ‘KOSDAQ Global’ segment. The representatives of listed companies attending the forum also expressed their expectations for the introduction of the KOSDAQ Global segment.

Hakkyun Kim, Chairman of the KOSDAQ Market Committee, said, “We plan to regularize and operate the KOSDAQ Market ESG Forum going forward,” adding, “If ESG management is introduced early and institutional investors expand ESG investments, market credibility will improve.”

Kyungho Jang, Chairman of the KOSDAQ Association, emphasized, “It is now a time when KOSDAQ companies also need to respond proactively and preemptively to ESG management,” and added, “We will do our best to operate this forum as a platform for sharing exemplary cases of ESG management among KOSDAQ companies.”

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