Lee Chan-jin, Governor of the Financial Supervisory Service: "Establishing a Transparent Climate Disclosure System"

Financial Supervisory Service and Ewha Womans University Hold International Climate Risk Conference
Governor Lee: "Active Cooperation with Relevant Ministries for Establishing Corporate Disclosure System"

On September 2, Lee Chan-jin, Governor of the Financial Supervisory Service, stated, "We will actively support, in cooperation with the relevant ministries, the early establishment of the climate disclosure system, which will become mandatory from 2028."

Lee Chan-jin, Governor of the Financial Supervisory Service, is attending the asset management company CEO meeting held at the Korea Financial Investment Association in Yeouido, Seoul, delivering opening remarks on July 13, 2026. Photo by Dongju Yoon

Governor Lee made these remarks while attending the international conference on 'Future Climate Finance in the Era of Green Transition,' co-hosted by the Financial Supervisory Service and Ewha Womans University, held at Ewha Womans University in Seodaemun-gu, Seoul, on the same day.

The event was attended by Governor Lee Chan-jin; Ewha Womans University President Hyang Sook Lee; Prime Minister Han Sung-sook; Yoo Dong-soo, Chair of the National Assembly Political Affairs Committee; Colin Crooks, British Ambassador to Korea; Koichi Mizushima, Japanese Ambassador to Korea; Filip Van Hoope, Chair of the European Union Chamber of Commerce in Korea; and chief executive officers (CEOs) of foreign financial institutions, among others.

In his opening remarks, Governor Lee said, "In February, the Financial Supervisory Service jointly announced the 'Transition Finance Guidelines' with government ministries," adding, "I hope that financial institutions will utilize these guidelines in the future to ensure the smooth provision of related funds to companies pursuing low-carbon transition." He also stated that the Financial Supervisory Service plans to cooperate with the financial sector to support the establishment of a transparent climate information disclosure system and to devise ways for comprehensively utilizing climate information disclosed by companies in the process of transition finance.

In her welcoming remarks, President Lee Hyang Sook said, "Going forward, the ability to use data and artificial intelligence (AI) to measure climate risks more precisely, and to connect this to financial decision-making and risk management, will become increasingly important in climate finance." She added, "Ewha Womans University's commitment to fostering AI talent and expanding related research activities can become a vital foundation for future climate finance in the era of low-carbon transition."

Conference participants shared updates on supervisory policies for low-carbon transition, the development of relevant markets, and financial institutions’ climate crisis response strategies, while also discussing the roles of future finance. In addition, they introduced a variety of issues related to climate crisis response and low-carbon transition, including policy case studies and trends in climate finance from Japan, Hong Kong, the United Kingdom, and Australia, as well as examples of climate risk analysis and management by financial institutions.

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