Ms. Angela Joo-Hyun Kang, Founder and Executive President of GCEF has been appointed by Arabesque S-Ray, a global ESG data provider, as Senior Independent Advisor, especially for South Korean business development.
Arabesque was founded in 2013 following a management buy-out from Barclays Bank through the partnership between leaders in finance, mathematics, AI, data-science and sustainability to deliver a new approach based on ESG and AI to capital markets for sustainable finance.
Arabesque Group consists of three global financial technology companies - Arabesque Asset Management Ltd., Arabesque S-Ray GmbH, and Arabesque AI with headquarters in London and Frankfurt as well as offices in Boston, Singapore, and Tokyo.
Board members include Georg Kell, founding Executive Director of the UN Global Compact; Barbara Krumsiek, former President and CEO of Calvert Investments; Dr Carolyn Woo, former President of Catholic Relief Services; John Ruggie, Professor of Human Rights and International Affairs at the Harvard Kennedy School; and Yolanda Kakabadse, former President of WWF International.
In 2018, Arabesque S-Ray GmbH was established independently as a global financial services company, focusing on advisory and data solutions by combining big data and ESG metrics to assess corporate sustainability performance of more than 8,000 companies over 90% of global market cap. Based on the cutting-edge of quantitative and sustainability research, Arabesque S-Ray GmbH provides investment, advisory and data solutions to investors and companies by leveraging its ESG, machine learning and AI capabilities.
Arabesque S-Ray includes BNY Mellon, State Street, Citi, J. P. Morgan, national pension funds of Sweden (AP1) and Japan (GPIF), and S&P. Especially, Wall Street Journal (WSJ) worked with Arabesque S-Ray and co-developed the ranking of the WSJ's list of the 100 most sustainably managed companies in the world.
In South Korea, regulatory authorities like the Korea Exchange (KRX) and the Financial Services Commission (FSC), which oversee public disclosure of listed companies, are actively planning to implement and enforce ESG-related disclosures policies and expand the scope of disclosure from 2021. Also, the National Pension Service (NPS) will apply ESG criteria when making decisions to invest in domestic stocks and bonds and increase its ESG investments up to 50% of its total assets by 2022.
For more information, please visit https://www.arabesque.com.