Fast reading
- South Korea’s new ‘Corporate Value-Up Programme’ aims to reduce the so-called ‘Korea discount’ that sees local companies trade at lower price-to-earnings multiples than global peers. The programme includes guidelines for voluntary corporate value disclosures, tax incentives and other benefits.
- The first half of 2024 has seen encouraging progress in our engagement with GEMs Equity holdings which share our vision that sustainability is an integral part of long-term value creation. The team has continued with efforts to improve board diversity and independence across various markets, through engagement and voting at company meetings, while also putting the spotlight on capital allocation.
- In addition, we also profile two companies in the portfolio that are making an important contribution to the global net-zero transition – Swedish mining equipment group Epiroc and Brazilian car-rental agency Localiza RentaCar.
For more information on Global Emerging Markets Equity please click here.
GEMs ESG Materiality H1 2024
Share:
