Sustinvest Signs ESG Business Agreement with NH-Amundi Asset Management

[Asia Economy Reporter Minji Lee] Sustainvest announced on the 23rd that it has signed a business agreement with NH-Amundi Asset Management to establish a research cooperation system on ESG investment.

This business agreement was made following NH-Amundi Asset Management's intention to advance ESG investment strategies and to spread the culture of ESG investment domestically.

Under this agreement, Sustainvest plans to continue cooperating with NH-Amundi Asset Management to improve ESG investment performance. In particular, they plan to identify joint research projects that can practically contribute to ESG investment outcomes, such as ESG risk management measures and ESG investment advancement plans, with ESG research specialists and risk management practitioners from each operation participating together in the research.

Since the appointment of CEO Park Hak-joo early last year, NH-Amundi Asset Management launched an ESG Promotion Committee, introduced ESG processes across all operational sectors, and declared the 'ESG First' vision prioritizing ESG in all management decisions, establishing itself as a leading asset management company in domestic ESG investment.

Since 2006, Sustainvest has led the industry with ESG data and research from an investor's perspective, evaluating domestic companies' ESG. As of the first half of this year, Sustainvest holds approximately 1.22 million ESG time-series data points and, as the first domestic ESG evaluation agency for listed companies, currently develops ESG investment processes and strategies across various asset classes such as bonds, private equity, venture capital, and real estate, providing them to institutional investors.

Ryu Young-jae, CEO of Sustainvest, stated, “Through data-driven ESG investment strategy research, we aim to contribute to the establishment of proper ESG investment in Korea that does not receive criticism such as ESG washing or greenwashing.” He added, “Proper ESG investment must be established to accelerate companies' adoption of ESG management, and through joint research with NH-Amundi Asset Management, domestic ESG investment can achieve both authenticity and profitability.”

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