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Global ESG focus shifts to governance, South Korean companies face urgent response

The focus of global ESG is shifting rapidly toward corporate governance, as shareholder proposals in the United States increasingly target board structure and capital policy. In South Korea, a series of Commercial Act revisions and mandatory treasury share cancellations are strengthening governance rules and raising pressure on major groups. Some companies are moving early to cancel shares, while others are adding exception clauses or reshaping board structures, prompting warnings of longer-term governance risk premiums.

Industry

Ecopro secures Canadian government R&D funding for lithium metal anodes

Ecopro said on April 12 its sub-subsidiary Ecopro Lithium secured C$6 million in research and development funding from Natural Resources Canada. The support comes under the Canadian government\'s Energy Innovation Program to build a domestic battery supply chain. Ecopro Innovation said it will use the funds to advance a demonstration project for lithium metal anode processes for next-generation batteries, aiming to establish a full local value chain in Canada by March 2027.

Industry

Ecopro HN signs 23.9 billion won Taiwan power plant equipment contract

Ecopro HN, an affiliate of Ecopro, will supply 23.9 billion won worth of nitrogen oxide reduction equipment to a Taiwan LNG power plant. The company said on March 30 it signed an order contract with BHI, a heat recovery steam generator maker, for a selective catalytic reduction project at the Tungshiao LNG power plant. The contract value equals about 17 percent of its 2025 sales.