Tokyo Financial Award, ESG Investment Category:Now Accepting Candidates!

As one of the projects in the “Global Financial City: Tokyo” Vision 2.0, the Tokyo Metropolitan Government (TMG), following last year’s program will continue hosting the “Tokyo Financial Award.” TMG has been granting a prize to financial institutions who provide and develop innovative products and services that meet Tokyo citizens and businesspeople’s needs and challenges, as well as those who work to promote ESG investments^*1.
*1 ESG (“Environmental, Social, Governance”) investment refers to investment decisions based on an institution’s proactive efforts such as combating global warming, empowering women, selecting outside directors, etc.
We are looking for financial institutions that practice activities to promote ESG investment in line with the themes of environment, society, and governance, as well as businesses practicing SDG management initiatives.
The selection of businesses in the “ESG Investment Category” will start from today. You are cordially invited to make your submission.
Additionally, we are still accepting candidate companies for the “Financial Innovation Category” until Friday, July 29.（press release May 31, 2022:"Tokyo Financial Award, Financial Innovation Category:Now Accepting Applications from Financial business!"

1 Set Themes

The ESG Investment Category welcomes applications from financial institutions that practice activities to promote ESG investments and SDG management in line with the 8 themes in the ESG Investment Subcategory and the 17 SDG goals in the SDGs Subcategory.
For detailed information, please see the dedicated website.

A.ESG Investment Subcategory

Fields and Themes

Environment(E) Climate Change, Natural Resources, Environmental Market Opportunities

Society(S) Human Resources, Health and Safety / Human Rights, Consideration for Others

Governance(G) Corporate Governance, Corporate Behavior

B.SDGs Subcategory

The 17 goals set out in “Transforming Our World: The 2030 Agenda for Sustainable Development” adopted by the 70th UN General Assembly.

2 Selection Details

Eligible institutions

• Domestic and international financial institutions that practice activities to promote ESG investment in line with the themes of environment, society, and governance.
• Domestic and international businesses (including financial institutions) that practice SDG management initiatives that meet the 17 Sustainable Development Goals.

Submission period

From: Wednesday, July 20, 2022
To: Friday, September 30, 2022

# to be selected

ApproximaPhoney 3 institutions (one of whom will also receive the Governor’s Green Finance Special Award)

How to apply

Please visit the Tokyo Financial Award website to apply.
Please see submission guidelines(PDF:486KB) for details.

3 Schedule

4 Selection Committee (planned)

Committee Chair

• YAMAOKA Hiromi
  Board Director, Chief Sustainability Officer, Future Corporation

Committee Members

• OE Kayo
  President, Office Libertas; Financial Planner
• ARAI Masaru
  Chair, Japan Sustainable Investment Forum
• Sharon HENDRICKS
  Board Member, Principles for Responsible Investment (PRI)^*2
  *2 PRI are the principles advocated by former UN Secretary-General Kofi Annan in 2006 for the purpose of realizing a sustainable society and for institutional investors to incorporate environmental, social and governance issues into investment decision-making as well as the organization to disseminate these principles.
• KATO Yasuyuki
  Professor, Kyoto University of Advanced Science; Research Professor, Tokyo Metropolitan University; Adjunct Professor, Kyoto University

*Please click here for the original Japanese press release.