South Korea to Mandate ESG Disclosure for KOSPI Companies With 10 Trillion Won Assets From 2028

According to the Korean government, starting in 2028, KOSPI-listed companies with consolidated assets of 10 trillion won or more will be required to disclose sustainability (ESG) information in their mandatory statutory filings. The Financial Services Commission expanded the disclosure requirement from its February initial draft, which had set the threshold at 30 trillion won, narrowing the asset criteria to make more companies subject to the new ESG rules.
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