NH-Amundi Asset Management Approves Amendment of 'ESG Regulation'... Specifies 'Transition Finance' Explicitly

2nd ESG Promotion Committee Convenes
Establishment of Delegated Management Structure
Review of Key ESG Priorities for Second Half of the Year

NH-Amundi Asset Management announced on the 11th that it held the 2nd ESG Promotion Committee for 2026 on August 3rd and approved the amendment of its 'ESG Regulation.'

The committee revised the 'ESG Management Regulation,' which served as the top-level guideline encompassing ESG management and operations, to the 'ESG Regulation.' Matters related to asset management will be delegated to the 'Responsible Investment Integrated Guidelines.'

At the 2nd ESG Promotion Committee meeting for 2026 held on the 3rd, Kil Jungseop, CEO of NH-Amundi Asset Management (middle underlined), Nicola Simon, Deputy CEO (second from right underlined), and key executives are taking a commemorative photo. NH-Amundi Asset Management

The amendment specifies the 'ESG First' vision in the purpose clause and introduces provisions related to transition finance, thereby explicitly establishing a regulatory basis for the implementation of transition finance. The revised regulation will be finalized after final approval by the board of directors.

Transition finance refers to providing capital to high greenhouse gas-emitting industries and companies in order to enable their transformation to a low-carbon or zero-carbon economy, based on scientifically grounded transition plans and reduction targets.

In addition, the annual '2026 NH-Amundi Responsible Investment and Stewardship Report' publication and major ESG priorities for the second half of the year were also reported.

Key priorities for the second half include ▲ finalization of the 'NH-Amundi ESG First 2028' roadmap ▲ establishment of a transition finance framework ▲ response to the revision of the stewardship code. The roadmap is planned to consist of three main objectives—building responsible investment infrastructure, strengthening stewardship activities, and enhancing external cooperation and disclosure—along with 10 strategic initiatives.

Prior to the committee meeting, a transition finance seminar was held. Eui Jun Kim, Partner at PwC, suggested approaches for internalizing domestic and international policy trends at the company level. The seminar, as part of organization-wide ESG education, was conducted both online and offline so that all employees could participate.

Gil Jeongseop, CEO of NH-Amundi Asset Management, said, "This regulatory overhaul integrates previously separated ESG standards for management and operations into a single framework. We will go beyond simply revising the regulations and swiftly complete the 'NH-Amundi ESG First 2028' roadmap, including a transition finance strategy, so that these standards are truly embedded in actual investment decision-making."

Nicolas Simon, Deputy CEO of NH-Amundi Asset Management, stated, "As domestic and overseas ESG policies and transition finance trends are gaining traction, it is necessary to actively leverage the global responsible investment expertise accumulated by Amundi. We will set concrete objectives in the roadmap to ensure meaningful change is realized."

This content was produced with the assistance of AI translation services.