KCGS 한국ESG기준원

Korea Corporate Governance Service(KCGS) holds a public hearing to gather opinions from different sectors of society on the draft revisions of the ESG Codes of Practice. The proposed revisions already went through public consultation, and the planned public hearing will contribute to increased effectiveness of the Codes.

At this public hearing, ESG experts, stakeholders, and policy-makers will be invited to discuss the impact of the revision and a way to help the new codes of practice to take root. KCGS will first make a presentation on the key changes and the progress of the revision, followed by an expert panel discussion and a Q&A session.

The hearing will be held on June 8, 2021 (Tuesday) from 14:00 till 16:30 as a Youtube webinar.

For registration, please go to https://forms.gle/vrUKsYSLSF19DYRN6. Participants may leave questions on the registration form. A link to join the webinar will be e-mailed to all registrants prior to the meeting.

With the 2021 AGM season for the issuers having a December year-end fast approaching, Korea Corporate Governance Service (KCGS) selected the following themes as a preview. This year, the preview comes in two parts. Part 1 covers the legal environment enhancements for the exercise of voting rights, the appointment of women directors, and the revised laws governing the environment, health, and safety(EHS). Part 2 ？ this subject paper - looks into the impact of the separate election of audit committee members and reviews the foreseen fights over management rights.

For the details, please check the attached file.

With the 2021 AGM season for the issuers having a December year-end fast approaching, Korea Corporate Governance Service (KCGS) selected the following themes as a preview. This year, the preview comes in two parts. Part 1 - this subject paper - covers the legal environment enhancements for the exercise of voting rights, the appointment of women directors, and the revised laws governing the environment, health, and safety(EHS). Part 2 looks into the impact of the separate election of audit committee members and reviews the foreseen fights over management rights.

On January 7, 2021, Korea Corporate Governance Service(KCGS) held an ESG Rating Committee meeting and downgraded the Environmental(E), Social(S), and Governance(G) grades* of seven companies.