[2022 National Audit] 국민연금 Invested 5.3 Trillion Won in 'Sin Liquor'

[Asia Economy Reporter Lee Ji-eun] It has been revealed that the National Pension Fund has invested approximately 5.3 trillion KRW in "sin stocks" related to alcohol, tobacco, and gambling companies.

According to data submitted by the National Pension Service on the 11th to Nam In-soon, a member of the National Assembly's Health and Welfare Committee from the Democratic Party of Korea, the National Pension Fund's investment in sin stocks amounted to 5.2925 trillion KRW as of February.

Regarding domestic sin stock investments, the scale decreased to 1.6117 trillion KRW last year but increased to 1.6856 trillion KRW as of February this year. For overseas stock investments, it slightly decreased from 3.9804 trillion KRW last year to 3.8089 trillion KRW as of February this year.

As of February, among the 1.68562508 trillion KRW invested in domestic sin stocks, the largest investment was in KT&G, amounting to 878.76031 billion KRW (52.1%). This was followed by Kangwon Land with 393.19521 billion KRW (23.3%), Hite Jinro with 217.72721 billion KRW (12.9%), and Lotte Tour Development with 102.39107 billion KRW (6.1%).

The top five overseas sin stock holdings were Philip Morris International, Heineken, Diageo, British American Tobacco, and Anheuser-Busch InBev.

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