Principles for financial action towards a sustainable society, 2011

Japan Current 2011

The principles apply to all Japanese financial institutions. They provide a standard for financial institutions to follow with regard to various issues that imply human rights. These include matters such as the disclosure of corporate information, environmental and social risks, and supporting small and medium enterprises, as well as steps taken to maintain Japan’s environmental performance and disaster readiness. Specifically, there are seven guidelines that provide general goals towards which Japanese financial institutions should strive. These include items such as contributing “towards shaping a sustainable society,” forming “a sustainable global society” and raising “awareness of environmental and societal issues.” Financial institutions are expected to develop guidelines to meet these goals.

Scope

General sustainability/ESG/non-financial

Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

All organizations - financial institutions

Issuer type

Environment

Type of instrument

Code of conduct or guideline

Mandatory or voluntary

Voluntary

The geographical scope

National/federal

Project Partners