Award ceremony for the Tokyo Financial Award

On Tuesday, February 5, Governor Koike attended the award ceremony for the Tokyo Financial Award held at a hall in Tokyo.

As one of the initiatives of the “Global Financial City: Tokyo” Vision, announced in November 2017, the Tokyo Metropolitan Government launched the Tokyo Financial Award this fiscal year to honor financial service providers that develop or provide outstanding financial products and services that address the needs and issues of Tokyo residents, as well as financial firms that work to promote ESG investment*.

The award attracted entries from approximately 100 companies in Japan and abroad. The governor presented awards to three winners in the “Resolution of Tokyo Residents’ Needs” category and four in the “ESG Investment” category.

Governor Koike congratulated the winners and expressed her gratitude for their contribution to Tokyo’s financial sector and its economy overall. She said, “Amid turbulent times around the world, Tokyo, as Japan’s capital, must win the competition with other cities, and, at the same time, act as the driving force for Japan’s growth.” She went on to say, “To achieve this, we will boost Tokyo’s ability to generate wealth. The financial industry holds the key to this. We will further enhance Tokyo to make it a global financial city that attracts talent, funds, information, and technology from around the world.” Praising the winners’ initiatives as “excellent approaches that lead the financial industry,” the governor told them, “I hope this award will be instrumental in encouraging you to further expand your business in Tokyo. I wish you continued success. And that will be the powerful driving force that transforms Tokyo into a global financial city.”

Videos introducing the proposed solutions of the winners in the “Resolution of Tokyo Residents’ Needs” category are available on the Tokyo Financial Award website.

*ESG (Environment, Social, Governance) refers to investment decisions which take into consideration an institution’s proactive efforts in combating global warming, empowering women, appointing outside directors, etc.