Korean financial regulator the Financial Supervisory Service (FSS) has announced a taskforce to develop ESG fund disclosure standards. The framework will cover ESG investment targets, manager capabilities and performance, and will be released in the first half of 2023. The taskforce will include seven unnamed asset managers (selected based on the size of their ESG funds), industry trade group the Korea Financial Investment Association and the government-backed research body the Korea Capital Market Institute.

ESG round-up: South Korea launches taskforce to help develop ESG fund disclosure standards