News Release

Mar. 31, 2020 JPXTSE JPX/TSE Publish "Practical Handbook for ESG Disclosure"

 

Japan Exchange Group, Inc. (JPX) and Tokyo Stock Exchange, Inc. (TSE) have today published a "Practical Handbook for ESG Disclosure".

In the last few years, more and more investors have begun taking into account ESG (Environmental, Social, Governance) factors when evaluating a company's mid- to long-term corporate value. Listed companies have also been acting to step up their ESG-related activities and information disclosure.

With this background, JPX and TSE are publishing a Handbook to support listed companies who are choosing to work on ESG disclosure, linking their company's mid- to long-term corporate value improvement to its sustainable growth. Importantly:
1. Rather than listing specific data points, the Handbook brings together the issues that listed companies come across when looking into ESG disclosure and splits them into four steps that companies can follow, each including related processes and other points to think about. These are: 1. ESG issues and ESG investment; 2. Connecting ESG issues to strategy; 3. Oversight and implementation; and 4. Information disclosure and engagement.
2. By including real-life examples of disclosure and referring to existing disclosure frameworks and standards, the Handbook provides a practical guide which will enable companies to begin concrete work on ESG disclosure.

Japan Exchange Group President & CEO Kiyota Akira says,
"At JPX we have been actively encouraging the spread of sustainable activities through support for TCFD, joining the Sustainable Stock Exchanges Initiative, and providing ESG-related products, as well as writing and implementing the Corporate Governance Code. With investors both in Japan and abroad now showing great enthusiasm for ESG investment, we have created the Practical Handbook for ESG Disclosure with the intention of pushing the investment potential of our listed companies, and indeed the Japanese market overall, one step higher. We hope that the Handbook can be a help to any listed company which is looking into ESG information disclosure."

The handbook is currently available only in Japanese. An English translation will be published in the near future.

For details

Practical Handbook for ESG Disclosure (JPX website)

Practical Handbook for ESG Disclosure download

Practical Handbook for ESG Disclosure (full) PDF
Practical Handbook for ESG Disclosure (summary) PDF

Contact

Japan Exchange Group, Inc.  Sustainability Committee
TEL:(+81) 3 3661 1361 (Switchboard)
E-mail:sustainability@jpx.co.jp