firm plans: Kampo is taking a radically different approach compared with conventional ESG investments, he said, according to The Japan Times. In recent years many ESG investors have focused on somewhat superficial criteria, such as the percentage of female managers, the average rate of paid leave taken by employees, or a company's carbon emissions, he said. With total assets of 74.5 trillion 670 billion the life insurer also known as Kampo is one of Japan's biggest institutional investors and a major player in the world's third-largest stock market. ; The firm plans to triple the portion of environmental, social and governance ESG investments in its domestic stock portfolio to around 100 billion over the next couple of fiscal years, starting in April, Chief Investment Officer Atsushi Tachibana said. Kampo tries to identify companies it believes have a technological edge to solve global ESG issues and meet U.N. sustainable development goals SDGs a set of 17 goals and 169 targets aimed at resolving social, economic and environmental problems troubling the world. That's not something you can find in their public disclosure. We look to what extent companies' exposure to businesses or products that will contribute to solving ESG challenges are driving their growth, Tachibana said.
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Tagged under firm plans, carbon emissions topics.