NH-Amundi Asset Management Donates 100 Million Fund to Special Disaster Areas Affected by Heavy Rain
NH-Amundi Asset Management announced on the 22nd that it will donate 100 million KRW in fund capital to support farmers in special disaster areas affected by heavy rain.
The fund capital was raised in connection with the fees of the company's representative ESG fund, the 100-Year Enterprise Green Korea Fund.
The NongHyup Foundation will use the funds to support farmers in special disaster areas designated by the Ministry of the Interior and Safety, delivering rice or rice processed product sets.
NH-Amundi Asset Management holds numerous public interest funds that accumulate capital from management fees to practice socially responsible finance. These include the 100-Year Enterprise Green Korea Fund, Rural Love High Dividend Fund, Pilsung Korea Fund, and Ai Love Fund.
The funds raised from public interest funds are used for various social contribution activities such as supporting multicultural families in rural areas, co-prosperity support for small and medium-sized enterprises, and donating scholarships to foster the materials, parts, and equipment industry.
At the fund delivery ceremony, Moon Seok-geun, Secretary General of the NongHyup Foundation, said, "Since its establishment, the public foundation has implemented various social contribution activities, sharing the dreams and hopes of Korean farmers and serving as a strong support," and added, "We welcome NH-Amundi Asset Management's support for farmers facing difficulties due to heavy rain damage."
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Im Dong-sun, CEO of NH-Amundi Asset Management, said, "We are honored to be able to provide some help to farmers who are greatly distressed by the heavy rain damage and simultaneously participate in the rice consumption promotion campaign," and added, "We plan to continue social contribution activities through the public interest fund capital, which is NH-Amundi Asset Management's differentiated ESG management policy."
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