The International Forum of Sovereign Wealth FundsIFSWF 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 facilitates knowledge sharing among members. KIC has been an active member of the IFSWF since the group’s inception in 2009 and remains committed to the Santiago Principles.

Established in 1995 as an investor-led organization, the International Corporate Governance NetworkICGN aims to contribute to long-term value creation and sustainable development by improving corporate governance and stewardship practices. The policy positions of ICGN, guided by its Global Governance Principles and Global Stewardship Principles, serve as standards for corporate governance and stewardship among global companies and investors. KIC became the first Korean investor to join ICGN in 2017 and endorse its global stewardship principles.

Through ICGN, KIC engages with more than 320 member organizations in 45 countries on stewardship principles and related topics. As a global investor, we strive to comply with these principles and promote shareholder rights and sustainable investment.

Established in 2017, One Planet Sovereign Wealth FundsOPSWF seeks to comprehensively address climate-related financial risks and opportunities from the perspective of long-term asset management. KIC joined the group, now 19 members, in 2020, with French President Emmanuel Macron announcing our membership at the OPSWF CEO Summit. As an OPSWF member, KIC aims to play a more active role in climate discussions and improve long-term returns by sharing best practices.

The Task Force on Climate-related Financial DisclosuresTCFD was established in 2015 at the request of G20 finance ministers and central bank governors.The TCFD provides guidelines for businesses and financial institutions to effectively disclose climate-related information. In 2020, KIC became the first public institutional investor in Korea to publicly endorse the TCFD and, at an OPSWF Summit that year, joined One Planet members in making statements of support for driving TCFD recommendations as a global standard.

Since 2022, KIC has been conducting climate scenario analyses in line with TCFD recommendations and discloses the results annually in its Sustainable Investment Report.