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Utilize national funds and other resources to boost investment in carbon reduction and renewable energy.

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Reinforce the stewardship codes of public pension funds and institutional investors.

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Enhance the infrastructure supporting ESG disclosure, measurement, and assessment.

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Accelerate the disclosure of sustainability management reports by listed companies.

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Phase in “Say on Climate” (a mechanism whereby shareholders are able to vote on a company’s climate strategy and implementation thereof) to strengthen corporate climate disclosure requirements.
 

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Stipulate directors’ fiduciary duty to protect shareholders.

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Require that a certain minimum percentage of the directors on the boards of directors of companies of a certain size be independent directors.

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Gradually expand the scope of separate election of directors who are members of the audit committees of large listed companies.

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Amend relevant regulations to prohibit the articles of incorporation of a company from excluding the adoption of cumulative voting.

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Mandate electronic voting and proxy voting and encourage the adoption of advisory shareholder proposals for large listed companies.

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Address concerns about the excessive concentration of economic power caused by a small number of shareholders exerting excessive control.
 

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Require the application of fair value, taking into account stock prices and other factors when determining the acquisition/merger price of listed companies.

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Institutionalize a rule to grant priority allocation of new shares in a split-off listing to the parent company’s minority shareholders.

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Apply mandatory tender offer rules for corporate acquisitions.

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Introduce a merger inspection system allowing ordinary shareholders to petition the court to appoint examiners in mergers between listed companies and their affiliates.

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Institutionalize a rule that treasury shares held by listed companies should, in principle, be cancelled.

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Strengthen surveillance of and sanctions against unfair insider trading.
 

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Restructure the stock market to reflect the characteristics of listed companies and enhance shareholder returns.

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Reform systems to encourage participation by foreign investors and seek inclusion in the MSCI Developed Countries Index.

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Enhance profitability through step-by-step expansion of retirement pensions, including the expansion and reform of the SME Retirement Pension Fund Plan.

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Encourage inflow of new capital by upgrading the KOSDAQ Venture Fund.
 

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Carry out investor relations activities under the President’s direct authority and set up the Financial Economic Advisory Committee.

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Establish separate taxation on dividend income.

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Provide tax benefits for long-term stock investors.

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Drastically improve measures to protect the rights and interests of ordinary shareholders.

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Seek inclusion in the MSCI Developed Countries Index during the President’s term of office.

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Create systematic improvements to ensure diligent exercise of voting rights of ordinary shareholders.

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Improve the public offering subscription system.

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Impose punitive fines for unfair trading, accounting fraud, etc.; impose harsh penalties for illegal trading; and strengthen stock market participation restrictions, market surveillance, and specialized investigations into unlawful activities.