Social Contribution Performance Posting System, 2013

South Korea Current 2013

Insurance companies are required to disclose information on social contribution activities in their quarterly management reports. The items for disclosure include social contribution vision (direction, target, etc.), main activities, monetary amount and time devoted to philanthropic activities.

Scope

Social

Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

Large companies (listed & unlisted)

Issuer type

Financial Regulators

Type of instrument

Requirement

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners