The National Pension Act states that the National Pension Scheme should contribute to stabilization of livelihoods and promotion of national welfare by providing pension benefits in case of old-age, disability or death. The amendments require the National Pension Fund to consider Environmental, Social, Corporate Governance (ESG) factors before determining investments to secure long-term earnings.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large listed companies
Ministry of Health and Welfare
Type of instrument
Mandatory or voluntary
The geographical scope