11 London Sustainability Commitments
2028
Start sustainability reporting
South Korea’s Financial Services Commission released a draft roadmap that would require public companies to disclose sustainability and climate-related information beginning in 2028. Companies listed on the KOSPI Index with assets greater than 30 trillion won would begin reporting under the new standards in 2028 using data from 2027.
2029
Expand reporting requirements
Requirements could expand in 2029 to KOSPI-listed companies with more than 10 trillion won in assets, with possible later expansion to smaller firms depending on market readiness and international developments.
2031
Add Scope 3 reporting
Under the framework, reporting on Scope 3 emissions, which includes supply-chain and product-use emissions, would receive a longer transition period of about three years, meaning disclosures for the first group of companies could begin around 2031.
