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Major Securities Firms Urged To Adopt Coal-Free Financing

The National Coal Phase-Out Network Beyond Coal is holding a press conference in front of Yeouido Park One Tower 2 in Seoul, South Korea, on March 27, 2024, demanding that six securities firms (NH Investment & Securities, Mirae Asset Securities, Shinhan Investment Corp., KB Securities, Kiwoom Securities, and Korea Investment & Securities) stop the underwriting and sales of corporate bonds for the Samcheok Coal-Fired Power Plant (Samcheok Blue Power). Beyond Coal, through its press release, is stating, ''Considering the global trend where financial institutions are excluding coal investments to focus on renewable energy and green industries, these six securities firms, aspiring to become global leaders, must immediately stop coal financing including the acquisition and sales of Samcheok Blue Power's corporate bonds and show tangible changes that align with a coal phase-out declaration.'' (Photo by Chris Jung/NurPhoto)

Photo Details

Photo ID	#11101484
Date Taken	27 March 2024
Location	N/A
Photographer	Chris Jung/NurPhoto
Category	Social Issue
Copyright	© 2026 NurPhoto - Chris Jung/NurPhoto

Related Keywords

2024 Air Pollution Business Finance and Industry Seoul Climate Coal Economy Finance and Economy Fuel and Power Generation Coal Power plant South Korea Social Issues Press conference National Coal Phase-Out Network Beyond Coal press conference Yeouido Park One Tower 2 Seoul NH Investment & Securities Mirae Asset Securities Shinhan Investment Corp. KB Securities Kiwoom Securities Korea Investment & Securities underwriting corporate bonds Samcheok Coal-Fired Power Plant Samcheok Blue Power March 27 2024 South Korea financial institutions coal investments renewable energy green industries global leaders coal financing acquisition sales coal phase-out declaration Chris Jung NurPhoto environmental activism energy transition sustainable finance fossil fuel divestment climate change eco-friendly investment carbon emissions reduction ethical investing ESG criteria green bonds clean energy.

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