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.

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.

 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.

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?

Tell NPS: Pensions are not meant to fund KEPCO’s toxic coal.

 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:

No New Bonds, But No Justice Either
Solutions For Our Climate 16 July 2025
 
 

 

 


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