2021 ANNUAL REPORT
GNB Menu Open
Menu Close

KIC Logo

INVESTMENT
REVIEW

Global Network

KIC continues to build a broad and tight-knit network with sovereign wealth funds, pension funds and other financial institutions around the world. This network is at the heart of our ability to garner valuable investment information, access promising investment opportunities and secure an advantage in investment negotiations.

Global Network with Sovereign Wealth Funds, Public Funds and Other Investors

KIC is expanding its international network to strengthen collaborations with global sovereign wealth funds. It has signed MOUs for cooperation with multiple funds since 2009 to share investment information and engage in other types of exchange.

KIC, IFSWF, ICGN, OPSWF, TCFD KIC, IFSWF, ICGN, OPSWF, TCFD

IFSWF

The International Forum of Sovereign Wealth Funds (IFSWF) is an organization of sovereign wealth funds that helps its more than 30 members implement the Santiago Principles, which are 24 Generally Accepted Principles and Practices for sovereign wealth funds. The organization also conducts research, represents its members’ views to the broader community and brings members together to share insights and information. KIC has been an active member of the IFSWF since the group’s inception in 2009. We are committed to adhering to the Santiago Principles.

ICGN

Established in 1995 as an investor-led organization, the International Corporate Governance Network's mission is to promote effective standards of corporate governance and investor stewardship to advance efficient markets and sustainable economies worldwide. The policy positions of ICGN, guided by the ICGN Global Governance Principles and Global Stewardship Principles, are the standard for global companies’ and investors’ corporate governance and stewardship codes.

KIC became the first Korean investor to join ICGN in 2017 and endorse its global stewardship principles. As a global investor, KIC exercises active ownership and strives to expand responsible investments in adherence to our Stewardship Principles. Through ICGN, we also collaborate with more than 320 institutional investors from 45 countries.

OPSWF

In 2020, KIC joined the One Planet Sovereign Wealth Funds (OPSWF), a global initiative of sovereign wealth funds launched in 2017 that aims to accelerate efforts to integrate climate change-related financial risks and opportunities in long-term asset management.

As an OPSWF member, KIC aims to participate more actively in climate change discussions and better manage investment returns through exchanging best practices.

TCFD

In 2020, KIC also became Korea’s first public institutional investor to support the Task Force on Climate-related Financial Disclosures (TCFD). The TCFD is a set of global guidelines recommending the disclosure of climate-related financial information.

During the 2020 OPSWF Summit, KIC joined other One Planet members in making statements of support for driving TCFD recommendations as a global reporting standard.