NH-Amundi Asset Management Holds ESG Steering Committee, Approves "ESG First 2028" Roadmap

Strengthening Transition Finance and Stewardship
Establishing a Three-Year Roadmap

NH-Amundi Asset Management announced on the 11th that it held the first ESG Steering Committee meeting of this year on the 29th of last month and approved the roadmap for its three-year responsible investment strategy, titled "NH-Amundi ESG First 2028".

The Steering Committee was attended by CEO Gil Jungseop, Deputy CEO Nicolas Simon, key executives, and members of the ESG Working-Level Council.

At the 1st ESG Promotion Committee meeting of 2026, held on the 29th of last month, Gil Jeongseop, CEO of NH-Amundi Asset Management (underlined, center), and senior executives posed for a commemorative photo. Provided by NH-Amundi Asset Management

The Steering Committee discussed amendments to the "ESG Management Regulations" and resolved to pursue the "NH-Amundi ESG First 2028" roadmap, which focuses on strengthening transition finance and stewardship activities. The specific roadmap measures will be finalized within the first half of the year by incorporating feedback from the ESG Steering Committee and Amundi.

Transition finance refers to financing that supplies capital to high greenhouse gas-emitting industries and companies so that, based on scientifically grounded transition plans and reduction targets, they can shift toward a low-carbon or net-zero economy.

NH-Amundi Asset Management has drawn up a plan to establish response strategies such as selecting outstanding low-carbon transition stocks among high-carbon emitters in sectors like steel, chemicals, and cement and increasing the investment weight in them, as well as expanding investments in transition bonds issued to achieve carbon reduction targets.

Stewardship activities will be expanded beyond corporate governance to encompass areas such as climate change, biodiversity, human capital, and information security. In addition, as the revised stewardship code, scheduled for the first half of this year, will broaden its scope to include pre- and post-investment processes as well as bonds and alternative investments, the company intends to respond proactively to these changes.

Gil Jungseop, CEO of NH-Amundi Asset Management, said, "ESG investing and stewardship activities are the fundamental responsibility of an asset management company that manages clients' assets," adding, "Since ESG is no longer a matter of choice, we will establish a phased implementation strategy to raise company-wide understanding and ensure it is organically connected to our actual work."

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