By Lee Min-hyung
The National Pension Service (NPS) is set to introduce tighter environmental, social and corporate governance (ESG) criteria for companies that it seeks to invest in.
Under the tightened screening measures, the nation's largest pension fund will stop investing in any listed firm if it is found to have any problems involving the criteria. The NPS is set to introduce the move as early as the first half of the year. Details of the tightened screening measures have not been fixed yet.
The NPS considered adopting such a strategy in 2019, as part of its bid to expand socially responsible investments.