Scope
KOSPI-listed companies by assets: ≥₩10tn (2028), ≥₩5tn (2029), possible ₩2tn (2030)
South Korea · rule
FSC mandatory disclosure roadmap (FSCMA amendment)
Financial Services Commission final roadmap (8 Jul 2026) + FSCMA bill (Jul 2026)
Penalties
FSCMA reporting sanctions (post safe harbour); Dictionary termGreenwashingCommunication or presentation that creates a misleading impression of environmental or sustainability performance, whether through falsehood, vagueness, selective disclosure, unsupported comparison or...Read the full definition carve-out
Last verified
2026-08-25
In plain language
What this law does
Mandatory KSDS-based Dictionary termSustainability disclosuredisclosure of sustainability-related **risks, opportunities and impacts** (风险、机遇和影响) — note: explicitly tripartite, financial AND impact.Read the full definition inside the statutory FSCMA business report, finalised 8 July 2026 (expanded from the March 2026 draft after investor pressure). Phased by consolidated assets: KOSPI ≥₩10tn from 2028 (FY2027 data), ≥₩5tn from 2029, possible ₩2tn extension from 2030. Three-year safe harbour (no damages/sanctions except intentional Dictionary termGreenwashingCommunication or presentation that creates a misleading impression of environmental or sustainability performance, whether through falsehood, vagueness, selective disclosure, unsupported comparison or...Read the full definition ), third-party Dictionary termVerificationThe evidence-based confirmation that a claim about events, data or results already obtained is truthfully stated within defined criteria, scope and materiality.Read the full definition from 2030, Scope 3 deferred three years (from 2031). Voluntary KRX filing encouraged beforehand.
Core obligations
KSDS-based disclosure in the business report; Dictionary termVerificationThe evidence-based confirmation that a claim about events, data or results already obtained is truthfully stated within defined criteria, scope and materiality.Read the full definition from 2030; Scope 3 phased 2031-33