Although it may seem slow to overseas investors, the ESG (environment, social and governance) investment started picking up in Japan just last year.
Hiromichi Mizuno, chief investment officer at the Government Pension Investment Fund (GPIF), who is a master of ESG initiatives in Japan, wants to take it to the next level in 2018 so that Japan can catch up with other countries and possibly get ahead of them.
To do that, he stresses that the domestic corporate sector needs to boost its efforts to disclose more information on how they are contributing to the environment and social sustainability.
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