FSC Vice Chairman Kim So-young attended a policy seminar on improving the transparency and credibility in the ESG evaluation market on April 13 and spoke about the need to ensure information transparency throughout the entire ESG evaluation process. In his opening remarks, Vice Chairman Kim said that the role of ESG ratings service providers is becoming more important as there are more ESG investments taking place. In this regard, to help boost the transparency in ESG-related information, Vice Chairman Kim said that the government will work to seamlessly implement its plan to phase in the ESG disclosure requirement from 2025. Meanwhile, Vice Chairman Kim said that the government will also work to properly balance the goal of promoting market autonomy and that of guaranteeing investor trust. Based on the discussions at today's seminar, the FSC plans to introduce specific measures to increase the credibility and transparency in the ESG evaluation market in the future.