TOPICS
ESG
JIC Group held ESG training
as part of the promotion of ESG investment
JIC held an online training session “ESG Seminar: PRI's Initiatives and ESG and Responsible Investment” on November 15th for all executives and employees of the Group, with the aim of deepening the understanding of ESG investment and responsible investment to adopt investment activities.
JIC signed the PRI* (Principles for Responsible Investment) which was an action guideline announced by the United Nations to contribute to the promotion of ESG investment in the domestic market.
(https://www.j-ic.co.jp/en/news/.assets/E_20231003_JIC_PressRelease.pdf)
In the training session, Tatsuro Yuzawa, Head of PRI, Japan and Minako Yoneyama, Senior Responsible Investment Manager at PRI explained the significance of responsible investment, ESG factors, and the materials PRI provided to promote responsible investment. The importance of making investment decision in line with management philosophy and investment criteria in responsible investment as well was mentioned, considering that it was necessary to understand how each ESG factor was related rather than focus on ESG factor itself.
Regarding responsible investment, the survey results was referred to in explaining that many PRI signatory institutions recognized the need not only to incorporate ESG into their investment decisions, but also to identify sustainable outcomes (the impact of investment on the real world) and take action to achieve them.
JIC CEO Keisuke Yokoo mentioned that “As a public-private fund that makes investments for policy purposes and to contribute to society, we would like to pursue our investment activities with the ideal of responsible investment in mind,” to affirm the concept of responsible investment taking into account of sustainable outcome and expressed his gratitude for PRI's continued support and future expectations.
* The PRI works with its international network of signatories to put the six Principles for Responsible Investment into practice. Its goals are to understand the investment implications of environmental, social and governance (ESG) issues and to support signatories in integrating these issues into investment and ownership decisions.
