Only one in 10 South Korean listed firms discloses nature-related risks, study finds
Only about one in 10 companies listed on South Korea’s benchmark KOSPI index discloses information on its dependence and impact on nature, while most firms that do report provide little measurable data, according to a recent study.
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Only 91 companies, or 10.7 per cent of the total, disclosed information related to the framework, suggesting that nature reporting among South Korean companies remained at an early stage, the report said.
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Infrastructure companies, which are often directly exposed to changes in natural environments, recorded an average disclosure rate of 26.1 per cent, the highest among the industries assessed. Food and beverage companies followed at 24.1 per cent.
Consumer goods companies recorded a disclosure rate of 13.4 per cent, despite their dependence on natural resources and raw materials. The report said the lower figure partly reflected the difficulty of tracing complex supply chains.
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