The world’s third-largest pension fund is pouring billions into Korea’s
biggest electricity provider's coal plans. Pressure from us has seen banks
move away from financing KEPCO’s coal. Now let’s make Korea’s National
Pension Service do the same.

Sign the petition: no more money for KEPCO’s dirty coal.

[ [link removed] ]A photo of protestors holding up signs and banners in Korean calling on
NPS to stop funding KEPCO's coal. There is snow in the background on the
trees.


[ [link removed] ] Sign the petition 

   
John,

KEPCO’s coal plant in the Philippines has resulted in children developing
severe respiratory diseases, massive environmental pollution and locals
losing their livelihoods because they're catching less fish.

This coal plant is funded by South Korea’s National Pension Service (NPS)
which has a whopping $900 billion in assets and has committed to phasing
out financing coal. But so far it’s all talk.

We could change this. KEPCO was desperate for an injection of cash in
June. But together with allies we mounted a massive public pressure
campaign. More than 43,000 people like you signed the petition calling on
banks like JPMorgan to stop financing KEPCO’s toxic coal plans. We took
your demands directly to the banks. And it worked! No bank financed
KEPCO’s June bond*. Now, let’s do it again and make the National Pension
Service stop financing coal.

[ [link removed] ]Sign the petition and tell NPS to stop financing KEPCO’s dirty coal
plans.

In Korea citizens have filed a landmark lawsuit against KEPCO, demanding
compensation for the severe health impacts and financial damages caused by
coal power plants. It’s a clear reminder that coal is not just an
environmental issue — it is a direct threat to public health and to
people’s quality of life, undermining the very social safety net that
pensions are meant to protect.

As one of KEPCO’s largest shareholders and bond investors, NPS has a lot
of power. It can use this to steer KEPCO away from coal and toward clean
energy.

Will you join us in calling on NPS to protect the futures of its
pensioners, and everyone, by not funding KEPCO’s coal?

[ [link removed] ]Tell NPS: Pensions are not meant to fund KEPCO’s toxic coal.



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Nish, Apekshita, Leyla and the team at Ekō


* Bonds are like loans. When a company or government needs money, it
borrows from lots of investors by selling them bonds. In return, investors
get regular interest payments. When the bond “matures” (after a set time),
the borrower pays back the full amount borrowed. Banks help organize and
sell these bonds to investors.

More information:

[ [link removed] ]No New Bonds, But No Justice Either
Solutions For Our Climate 16 July 2025
[ [link removed] ]Banks: don't fund KEPCO's coal plans
Ekō petition 15 July 2025
[ [link removed] ]A Sleeping Giant? The National Pension Service’s Missed Potential on
Climate Action
Solutions For Our Climate 12 March 2025

 

 

Ekō is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep Ekō strong by chipping in $3. [link removed]