[Asia Economy Reporter Jeong Hyunjin] The Federation of Korean Industries announced on the 14th that it will launch the K-ESG Alliance.
The alliance chairperson will be Kim Yoon, Chairman of Samyang Holdings. The Federation of Korean Industries explained that this organization was established to promote sound ESG (Environmental, Social, Governance) management from large corporations to mid-sized and small businesses amid the growing ESG trend in the business community, and to advance global ESG initiatives.
Global projects include hosting a global ESG conference and ESG investment briefings for global institutional investors. The K-ESG Alliance will hold its first meeting next month after the committee formation process, and plans to convene quarterly thereafter.
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