Partnerships with Related Organizations

JPX supports many initiatives through co-hosting and supporting various events.
For online seminars co-hosted/supported by JPX since November 2021, please see here (Japanese only).

JPX/NZDPU Japan Roundtable Series 2024
Hosts: Japan Exchange Group, Inc., Net-Zero Data Public Utility

In December 2023, the Net-Zero Data Public Utility (NZDPU) launched its Proof of Concept for the development of a centralized, global, open climate data repository as recommended by the Climate Data Steering Committee. In order to understand the needs and challenges of Japanese financial institutions and issuers in this space, Japan Exchange Group, Inc. (JPX) and the NZDPU hosted a series of three roundtable discussions beginning March 2024.

The roundtable attendees (composed of ten financial institutions and listed companies; the Financial Services Agency took part as an observer) discussed the main issues and trends around climate-related information disclosure practices and usage in Japan.

JPX ISSB Seminar Series
Host: Japan Exchange Group, Inc. With: IFRS Foundation

With the cooperation of the IFRS Foundation, Japan Exchange Group is hosting the "JPX ISSB Seminar Series" (Japanese only), which aims to deepen listed companies' understanding of the IFRS S1 and S2 sustainability standards published in June 2023 by the IFRS's International Sustainability Standards Board (ISSB).

JPX ISSB Seminar Series (1):
Part 1 "The ISSB Standards: Better Information For Better Decision Making"
Part 2 "Sector-based Disclosure Using the SASB Standards"
ISSB SASB Workshop 1: Food and Beverage Sector and Consumer Goods Sector

JPX ISSB Seminar Series (2):
Part 1 "Comparing IFRS S2, Climate-Related Disclosures, with the TCFD Recommendations"
Part 2 "Introducing the Knowledge Hub"
Part 3 "The SASB Standards: Identifying Your Sector"

JPX ISSB Seminar Series (3):
Part 1 "ISSB's Latest Activities: Two-Year Workplan, Interoperability, and Connectivity"
ISSB SASB Workshop 2: Resource Transformation Sector

JPX ISSB Seminar Series (4):
Part 1 "An Example of How to Use the SASB Standards (Hardware Sector)"
Part 2 "ISSB's Workplan"
Part 3 "Interoperability Between ESRS and the ISSB Standards"

Please see the below page for more information (Japanese only).

TCFD Symposiums
Hosts: Japan Exchange Group, Inc., Japan Financial Services Agency

The Japan Financial Services Agency and JPX are working on several initiatives to support Japanese companies and financial institutions which have declared support for the Task Force on Climate-related Financial Disclosures (TCFD) in collaboration with various related parties. As part of this, every fiscal year from FY2018 to FY2021, we held symposiums since 2019 to deepen discussions on the significance of TCFD for companies and investors to advance dialogue in enhancing mid-to-long term corporate value, as well as on TCFD implementation in Japan.

SASB/CDSB “TCFD Implementation Guide” Seminar (October 10, 2019)
Co-hosts: Sustainability Accounting Standards Board (SASB), Climate Disclosure Standards Board (CDSB)

On October 10, 2019, to mark the publication of a Japanese translation of the Sustainability Accounting Standards Board (SASB) and Climate Disclosure Standard Board's (CDSB) “TCFD Implementation Guide”, Japan Exchange Group, Inc. held a seminar to introduce and explain the guide to our listed companies.

Speakers included SASB and CDSB, as well as EY ShinNihon, who translated the guide, and topics included recent developments in disclosure abroad, and how the guide can be helpful to Japanese companies in particular. The seminar was attended by around 270 ESG professionals and others from Japanese listed companies.

About SASB

SASB is an independent non-profit organization, founded in 2011, which has developed a set of accounting standards for companies to use when reporting sustainability-related information. The standards focus on financially material sustainability factors in each of 77 industries and are used by firms around the world, as well as a number of asset managers who use its metrics to guide investment and engagement strategies.

About CDSB

CDSB is an international consortium of business and environmental NGOs founded in 2007, committed to advancing and aligning the disclosure of climate and environmental information in the mainstream corporate report. It does so by offering companies the CDSB framework to report this information with the same rigor as financial information for the benefit of investors. CDSB also powers the TCFD Knowledge Hub.

About the “TCFD Implementation Guide”

Although hundreds of organizations around the world have expressed support for the Task Force on Climate-Related Financial Disclosures since its recommendations were published in 2017, many companies have cited a need for greater guidance on how to actually disclose climate-related financial information in practice. The TCFD Implementation Guide was first published by SASB and CDSB in May 2019, as a practical resource to help companies enhance the robustness, consistency, comparability, and utility of TCFD reporting through SASB and CDSB’s frameworks, standards and resources.

TCFD Forum (June 11, 2019)
Hosts: Japan Exchange Group, Inc., Principles for Responsible Investment (PRI)

On June 11, 2019, Japan Exchange Group and Principles for Responsible Investment (PRI) co-hosted the "Task Force on Climate-Related Financial Disclosures (TCFD) Forum" at TSE Hall.

A wide range of speakers discussed the topic of implementing the TCFD’s recommendations, including representatives from the PRI, the Japan Financial Services Agency, the Ministry of Economy, Trade and Industry, the Ministry of the Environment, GPIF, and sustainability-minded companies and institutional investors. Around 400 investors, listed company representatives, and others attended the Forum.

About PRI

PRI is an international network of investors supported by the UN, and first announced its six “Principles for Responsible Investment” in New York in 2006. Since then, the number of signatory organizations to the Principles (mostly institutional investors) has gradually increased, currently numbering over 2000 worldwide. The Principles include incorporating ESG issues into investment decision-making, asking for ESG disclosure from investee companies, and reporting on the signatory company’s own activities.

Ring the Bell for Gender Equality (annually)
Host: Japan Exchange Group, Inc. With: UN Global Compact, UN Women, SSE, International Finance Corporation, WFE, Women in ETFs

March 8 is designated as International Women‘s Day by the United Nations. Every year, in partnership with organizers the UN Global Compact, exchanges around the globe hold a “Ring the Bell for Gender Equality” ceremony to show support for women’s active participation in society.

In normal years, JPX holds bell-ringing ceremonies in partnership with organizers the UN Global Compact, UN Women, the Sustainable Stock Exchanges Initiative, the International Finance Corporation, the World Federation of Exchanges, and Women in ETFs. These are attended by JPX directors and representatives from the organizers, as well as special guests such as government ministers.