In today’s briefing:
- ESG Analysis of Korea’s Sole Electricity Supplier: Korea Electric Power Corporation (KEPCO 015760)
ESG Analysis of Korea’s Sole Electricity Supplier: Korea Electric Power Corporation (KEPCO 015760)
- Environmental: KEPCO’s power transmission tower construction is destroying ecosystems and posing a climate risk in various areas, which is also why the coal mine development project in Australia was suspended.
- Social : 58% of KEPCO’s suppliers were found to be illegal subcontractors leading to controversy over work environment issues. Also, the construction of power transmission towers sparked serious community conflicts.
- Governance : Despite KEPCO’s large deficit, the company’s moral risk and poor risk management issues, such as corruption and excessive wages of employers, continue to surface.
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