Seoul Seodaemun-gu National Pension Service (NPS) Seoul Northern Regional Headquarters. /Courtesy of News1

The National Pension Fund's Trustee Responsibility Committee noted on the 21st that it discussed the current status and improvement directions regarding corporations related to serious disasters after receiving the agenda for the '2024 National Pension Fund Trustee Responsibility Activities Annual Report.'

As part of its trustee responsibility activities, the National Pension Fund conducts an annual ESG (Environmental, Social, and Governance) evaluation and has established four indicators in the 'Industry Safety' area among social domain items, utilizing the results for investment decision-making. Last year, it sent letters to 10 corporations related to industrial safety and conducted 18 'conversations with corporations.'

As the importance of industrial safety, including serious disasters, has grown for the National Pension Fund, it examined whether the ESG evaluation indicators are appropriate and the requirements for corporations to engage in dialogue. It also plans to develop improvement measures beginning with this meeting, considering the impact of serious disasters on the long-term value of corporations.

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