AIA Korea expands climate finance role, ESG commitments

AIA Korea, the Korean unit of Hong Kong-based AIA Group, is strengthening its position in climate finance within the local financial sector, aligning with the parent company’s push to reinforce its response to climate risks and its role in sustainable finance. The company has expanded its renewable-energy and transition-infrastructure investments, building roughly 900 billion won ($611.14 million) in Environmental, Social, and Governance bond holdings as of the end of 2024. It is also increasing