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Industry

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.

AI & Enterprise

AI social policy forum launches to identify issues from AI spread

South Korea\'s Ministry of Science and ICT launched an Artificial Intelligence Social Policy Forum in Seoul on April 27 with KISDI and NIA. The ministry said it planned the forum to respond to changes AI is bringing across society in the 10th anniversary year of the AlphaGo-Lee Sedol match. The forum, chaired by Professor Lee Sang-wook (이상욱), includes 42 experts and will gather opinions to propose policy measures.

Crypto

Global digital asset firms flock to South Korea but legislation stalls

Global digital asset companies are increasingly visiting South Korea and signaling interest in entering the market, but delays in the Digital Asset Framework Act are raising concerns. Executives from Circle, Tether and Sui have discussed cooperation and partnerships, while stressing the need for clear legal pathways for foreign stablecoin issuers and broader corporate participation. In parliament, five bills remain pending, and political and policy scheduling issues have repeatedly stalled committee talks.