Governor Eric J. Holcomb, Secretary of Commerce David Rosenberg and Purdue University President Mung Chiang joined federal partners and executives of South Korea-based SK hynix Inc., the world’s leading producer of High-Bandwidth Memory (HBM) chips, today as the company announced plans to establish
IMM Investment has joined the United Nations Principles for Responsible Investment (UN PRI) to strengthen responsible investment.As of January 2024, IMM Investment announced that it officially signed and completed the formal membership process with the UN PRI. IMM Investment stated that the membersh
Doosan Digital Innovation (DDI) announced on Sept. 26, local time, that it was named the top enterprise in the “AI for Manufacturing” category at the “Dataiku Frontrunner Awards” ceremony held at the Spring Studios in New York.Now in its third year, the Frontrunner Awards, hosted by global leading c
The recent downgrade of the United States credit rating by Fitch due to fiscal deficits and government debt holds important lessons for South Korea, which finds itself grappling with an inability to break free from the addiction to expanding its fiscal measures. Under the stewardship of the Moon Jae
The author is an analyst at NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.In 2022, the NPS set aside 43.1% of its assets for responsible investment. At the NPS, responsible investment has become a key consideration for investment in a range of assets, including domesti
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.ESG investment fund inflows have stagnated, reflecting weakness in the stock market. Ahead of the implementation of the Inflation Reduction Act (IRA) in the US, the EU has also announced various
The financial authorities are preparing to improve the governance structure of companies with dispersed ownership. In Korea, privatized public companies such as POSCO and KT, and financial holding companies such as Woori, Shinhan, Hana, and KB Financial Groups have dispersed ownership without a cont
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Due to the advancement of an evaluation model that fully reflects the revised ESG code of best practices, the overall KCGS ESG ratings for 2022 showed decline. In addition, we see distortion in
Remi Eriksen, CEO of DNV, recently had an interview about the longstanding relationship between his company and Korea. DNV is the world’s largest international accredited registrar and classification society and is headquartered in Norway. It provides services to a range of industries, including the
The business community is reacting strongly against the government's move to transfer the National Pension Service's right to file shareholder derivative suits to an independent body responsible for acting out a stewardship role over listed companies. Major business organizations are reporte
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. The Three Laws of Fair Economy have started to come into effect sequentially since end-2020, but given pre-emptive corporate governance restructuring and regulatory exceptions, external changes
The National Pension Service (NPS) added 37 companies last year to its list of closed dialogue companies. In addition, the NPS increased the number of its corporate dialogues such as letter exchange and face-to-face talks from 149 to 225 in 2020. The number of companies under its close monitoring du
The Financial Services Commission said on Jan. 25 that the BIS capital adequacy ratio of South Korean banks would drop to 4.7 percent in 2029 without South Korea’s well-organized efforts to reduce carbon emissions.The commission recently analyzed how climate change and a decline in asset value on th
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. A third generation of leaders is at the forefront of management at LG Group, HMG, and Samsung Group. While three fair economy bills are likely to be passed at the 21st session of the National A
SK hynix Inc. announced on Aug. 18 the release of the world’s first 128-layer NAND Flash-based consumer SSD -- the SK hynix Gold P31.The new SSD is the company’s first consumer-facing PCIe SSD launched in the United States under the SK hynix brand.The Gold P31 is intended for all PC users with a par
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. [ESG Issue] 2020 corporate governance report: Second year of mandatory disclosure; corporate value to rise furtherThis is the second year of mandatory disclosure of corporate governance reports
The National Pension Service (NPS) has begun a discussion on excluding Hanjin KAL from the targets of its management participation. The move appears to be aimed at distancing itself from the feud between the Hanjin Group chairman and his elder sister over the control of Hanjin KAL, the holding compa
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed.Despite rising stewardship code adoption and the NPS’s ongoing efforts to encourage socially responsible investment, shareholder participation and ESG integration activities have remained somewh
Samsung Electronics announced on June 11 that it has received UL’s Zero Waste to Landfill validation of Gold level and above for all of its global semiconductor operation sites.This signifies that Samsung’s semiconductor sites in South Korea, the U.S. and China meet the requirement of more than 95-p
The ratio of outside directors on the boards of the 137 listed affiliates of the top 30 business groups rose from 34.5 percent to 37.3 percent in four years after the introduction of the stewardship code, a survey has found out.Daishin Economic Research Institute recently looked into director appoin