Emerging Markets Disclosure Project

The Emerging Markets Disclosure Project (EMDP) brought together partners from around the globe in a collaboration aimed at improving disclosure of environmental, social and governance data by companies in emerging markets. Over 2008-2012, country teams in Brazil, Indonesia, South Africa and South Korea engaged 72 companies and achieved their goal of advancing sustainability reporting in emerging markets…

In South Korea, a group of 8 investors engaged with 15 companies to encourage improved ESG disclosure.  The group used a benchmark analysis of the companies as a basis for engagement discussions during two trips to Seoul. Investors held 12 meetings with company representatives, and discussed specific opportunities to enhance ESG disclosure in their upcoming sustainability reports. Overall, the group made steady progress on reporting with all 15 companies it engaged, including Hynix, LG Electronics, Samsung and Shinhan Financial Group.