2020 All rights reserved. She supports companies across sectors to design and implement strategies linking corporate sustainability policies to on-the-ground realities in the areas of shared value, sustainable supply chains, and inclusive economy. To create a more inclusive society, he again outlined three points for action, starting with ensuring the importance of the UN and multilateralism.

dataLayerNews.related_tags = sanitize_gpt_value2("Japan, Calbee, Palm oil, Sustainability"); From June it will extend the expiration date of its potato chips, and switch from a specific day of expiration, to a month and year model. return vOut; How will the rise of COVID-19 affect ESG investing strategies both in the short term and the long term, and what does it mean for companies? Japan is a nation comprised of four main islands and thousands of smaller islands that are located off of the northern Pacific Coast of Asia. Contact, 2017 Japan Sustainable Investment Forum Report, UN Principles for Responsible Investment (UNPRI). The COVID-19 pandemic may have prevented world leaders coming to New York to address the General Assembly in person, but the president of the world body stressed on Tuesday that the need for deliberation, is “higher than ever”. Mr. Suga reported that so far, Japan has provided over $1.5 billion in foreign aid to medical and health centres during the pandemic. Born to Lactalis Ingredients’ technical expertise, Flowhey®... Kancor Ingredients Limited | 02-Aug-2019

BSR™ is a global nonprofit organization that works with its network of more than 250 member companies and other partners to build a just and sustainable world.

Companies headquartered outside Japan, too, would be wise to take note, as this shift by the world’s third-largest economy is likely to have implications for not only their Japanese operations but across their value chains abroad. Mainstream Japanese investors new to ESG can learn a great deal from international players who have long integrated ESG in the core of their investment strategies, such as AXA, Clearbridge, Wellington, BNP Paribas, UBS, and others. Prior to BSR, Karlyn was vice president… Related tags: Read More. This shift alone represents significant progress from where Japan sat in its closed ecosystem just a few years ago. Japanese snack firm Calbee is intensifying its sustainability activities by working on the sustainable procurement of palm oil and attempting to reduce its greenhouse gas emissions by 30%.

Prior to joining BSR, Asako was Head of the CSR Management Section at Sony Corporation, and she has more than 10 years of experience leading global sustainability strategies. It demonstrated how an asset owner with an ESG champion at its helm can swiftly translate its conviction into change in the marketplace.

♦ Receive daily updates directly in your inbox -. Yet at both at RI Asia and two BSR side events around the conference, it was clear that Japanese investors seek deeper guidance on how to properly integrate ESG considerations into their investment strategies. Japan took the initiative to establish the Trust Fund for Human Security in 1999. Looking to the future, Prime Minister Suga emphasized the importance of achieving the Sustainable Development Goals (SDGs) as part of overall efforts to “build back better” after the pandemic. His third point concerned the rule of law which he said must be upheld in times of increasing uncertainty, describing it as “the foundation of order, both domestic and international, and the very spirit which the UN is built on.”.

Industry growth, “Through its review and reform, I believe the WHO will be able to make even better use of necessary expertise at the right time, in the right manner.”.

Convenience foods and snacks, DSM Hydrocolloids | 20-Oct-2020 ESG reviews of companies commonly use information from major ESG date/rating providers; investors should leverage this data as a starting point. Japanese snack firm Calbee is intensifying its sustainability activities by working on the sustainable procurement of palm oil and attempting to reduce its greenhouse gas emissions by 30%.

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The year 1989 was a turning point in Japan's environmental policy. In recent years, Japan has made a massive shift to begin to integrate environment, social, and governance (ESG) factors into its investment strategies. With more than 20 years of sustainability experience, Asako advises global technology companies as well as BSR members and partners in Japan to better integrate sustainability into core business strategies. “We will continue to work with other countries to improve the conditions of water, sanitation and hygiene, nutrition and other environmental factors”, he said. for (var i=0; i < aTags.length; i++)

dataLayer.push(dataLayerNews); Japan is an East Asian Country comprising of four main islands and thousands of other small islands. The RSPO is currently made up of more than 4,000 members globally in manufacturing, retail, environmental organisations. “The WHO is key in our collective response to infectious diseases,” he stated. Subscribe And when the Japanese Government Pension Investment Fund (GPIF), the world’s largest pension fund, with approximately US$1.3 trillion in assets under management today, signed the UN Principles for Responsible Investment (UNPRI) in 2015, the impact had on not only Japan’s investment landscape, but also globally, was catalytic. While the proportion of socially responsible investment (SRI) relative to total assets managed in Japan was only 3.4 percent in 2016, compared to 52.6 percent in the EU and 21.8 percent in the U.S., the growth of SRI in Japan has been significant—242 percent from 2016 to 2017 to approximately US$1.13 trillion, according to the 2017 Japan Sustainable Investment Forum Report.

vOut += aTags[i].trim().replace(reg, '-').substring(0,40); Surprisingly, only 18 % of Japans’ land is suitable for settlement, a reason the population … By the end of 2015, 224 projects had been implemented in 88 | Product Brochure. var aTags = gptValue.split(','); Managing Director, BSR, Karlyn Adams,

three dimensions of sustainable development, environment, economy, and society.

Companies that are not engaging investors on sustainability are missing an opportunity to attract and retain investors focused on long-term value and ESG. Here, Japan will implement a COVID-19 Crisis Response Emergency Support Loan totalling up to 400 billion Yen, or roughly $4.5 billion, over a two-year period. Sustainability Information from Japan 2002-2018 From August 2002 to July 2018 the non-profit group Japan for Sustainability (JFS) provided information from Japan to the world to help build momentum toward a truly happy and sustainable future.

Sustainability, | Application Note. In recent years, Japan has made a massive shift to begin to integrate environment, social, and governance (ESG) factors into its investment strategies.

Subscribe, By Guan Yu Lim In short, the pro-business Japanese government has made the nation’s expectations for sustainable business practices clear, helping investors understand a broad set of ESG issues that are material for their investment strategies and providing structure and support to enable social dialogue. One of the most important topics in corporate sustainability is the dramatic increase in attention by investors on the integration of environmental, social, and governance (ESG) considerations. As the world must also prepare for future health crises, Japan has pledged to expand support to developing nations. A few key learnings from the event for the investor community included the following: The next few years are likely to tell the story of how SRI takes hold, proliferates into the Japanese investor and business communities, and, hopefully, helps define ESG leadership in Asia and around the world.

In-house analysts can use it to inform their own deeper research and analysis, but they should also engage in dialogue with companies directly. Thus, Japan stands ready to cooperate in the process for UN reform, including of the Security Council and the World Health Organization (WHO). Why has this happened? Japan, Calbee, Palm oil, Sustainability Amid a wave of societal commitments to action on diversity, equity, and inclusion (DEI) and racial justice, investors are stepping up commitments and vowing to intensify engagement with companies on DEI. Earlier this year, Calbee joined the Roundtable on Sustainable Palm Oil (RSPO) to promote and ensure the sustainable production and use of palm oil, in a bid to minimise the environmental impact of palm oil cultivation. This is part of its long-term vision (Vision 2030), which the company announced in its annual report. Free newsletter | Business Advice. WASHINGTON – Environmentalism and sustainability have come to form a significant cornerstone of Japan’s global image and soft power in recent years.

2 out of 5 users tend to... Free newsletter COVID-19 also must not jeopardize international peace and security, and Mr. Suga underscored Japan’s continued contributions in this arena. © 2020 Business for Social Responsibility™ | Data Protection and Privacy Policy | Cookie Policy | Terms of Services | Japan also will continue to promote reform of the World Trade Organization (WTO), and economic partnership agreements with other countries, among other developments. With just 18% of its land fit for settlements, Japan’s population tends to be clustered around major cities. { } The earthquake, tsunami and Fukushima nuclear accident of 2011 drastically changed Japan… Satoshi Yoshida, manager of the public relations department at Calbee told FoodNavigator-Asia,​ a majority of the company’s snack and cereal products contain palm oil. Yoshida stressed that “Switching to renewable energy does not necessarily mean reduction of electricity use itself unless the company accelerates self-consumption models of generated renewable energy​.”. This site uses JavaScript. For example, the country is working with the Association of Southeast Asian Nations (ASEAN) on the establishment of a regional centre for public health and emerging disease. Japan for Sustainability (JFS) is a non-profit group that provides information from Japan to add to momentum here and around the world toward a truly happy and sustainable future. Digitizing for Inclusion: Insights from Wage Digitization in the Garment Sector, ESG Isn’t Going Anywhere: Investor Expectations in the Age of COVID-19, The Shift to Digital Wages: Making Sure It Works for Women and Business, Beyond Women on Boards: How Gender Lens Investing Can Transform Your Impact Strategy, The Building Blocks of Integrating ESG into Private Infrastructure Investments, Key Considerations in Managing ESG through a Merger, A Five-Step Approach to Engaging Investors on Sustainability.

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