South Korea Corporate Governance 2020 Review

During the pandemic year, discussion on environmental, social and corporate governance (ESG) topics remained robust globally including South Korea. In July 2020, the Ministry of Economy and Finance disclosed a detailed national development strategy on the Digital New Deal and Green New Deal. In Q3 2020, South Korea was one of the top countries with strong ESG fund growth, according to ESG Clarity. 1 2020 also witnessed significant corporate governance developments in the country. This insight summarizes key updates in the past year and 2021 outlook.

By Yura Ahn

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This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.