Responsible Investing

Responsible Investing

Approval for TCFD Recommendations

January 10, 2019
Japan Investment Trusts Association

The Investment Trusts Association, Japan (Chairman: Toshihiro Iwasaki) has expressed an approval for the "Recommendations on Climate-Related Financial Disclosures" proposed by TCFD (Task Force on Climate-related Financial Disclosures) established by the Financial Stability Board (FSB).

TCFD recommends companies to grasp and disclose climate-related financial information.
We believe that we will be increasingly required to utilize climate-related financial information in investing activities.

(Reference: TCFD official website)

The Result of Questionnaire about ESG Related Fund

January 10, 2019
Japan Investment Trusts Association

ESG investment is an idea of investment that emphasizes factors other than financial information such as environment, social and governance. ESG investment has been expanding mainly in Europe and the United States, but in recent years, Japan's asset management industry is making active efforts.

GSIA (Global Sustainable Investment Alliance)*, an international organization to disseminate sustainable investment in consideration of the environment and social issues, categorizes ESG investment methods into 7 types as described in Attachment 1.

In response to the publication of the recommendation of the High Level Meeting on ESG Finance of the Ministry of the Environment, we conducted a questionnaire survey targeting investment management companies based on the "ESG investment methods and definitions" established by GSIA. We compiled statistics of ESG related funds based on data submitted by each company and announce it. Please refer to Attachment 2 for details.

(As of the end of November 2018)

Total net assets of public-offered / private-placed
investment trusts

 38,179.5 billion yen
 Number of funds  2,034

(※) Members of the GSIA are the ESG Investment Associations in the United States, Europe, the UK, the Netherlands, Canada and Australia.