Working Toward the SDGs

The Sustainable Development Goals (SDGs) are 17 global goals created by the United Nations that aim for a better and more sustainable world by 2030. JPX works toward mainly the following goals, as both a market operator and corporate entity.

05 Goal 5: Achieve gender equality and empower all women and girls
Target 5.5 Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life

JPX promotes the advancement of women in companies listed on the Tokyo Stock Exchange. The Corporate Governance Code includes principles on ensuring diversity on the board of directors and in promotion to core human resources, sets out best practices including disclosure of policies and other information, and requires all listed companies to consider this issue. JPX also encourages efforts in this area by selecting and publishing, together with the Ministry of Economy, Trade and Industry, the “Nadeshiko Brands”: companies that are actively promoting women’s participation, including developing an environment in which women can continue working through all life stages.
Within the company, JPX has also established a Diversity Promotion Group within the Human Resources Department to ensure that diverse human resources can contribute to JPX regardless of gender, nationality, age, or other characteristics, and is implementing various diversity initiatives. We have also formulated an Action Plan to Promote Female Empowerment, aiming to create a workplace environment in which women can maximize their abilities.
07 Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all
Target 7.2 By 2030, increase substantially the share of renewable energy in the global energy mix
Target 7.a By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology

Tokyo Stock Exchange provides a market to list infrastructure funds that invest in infrastructure such as renewable energy generation facilities. In addition to providing investors, including individual investors, with opportunities to invest in renewable energy generation facilities, JPX contributes to the spread of renewable energy by facilitating investment into renewable energy generation facilities through infrastructure funds.
JPX also generates its own renewable energy. JPX is contributing to a decarbonized and circular economy by generating power mainly on idle or discarded farmland and by using secondary resources (recycled raw materials) as fuel, including the acquisition of solar power generation facilities that co-exist with agriculture on farmland and biomass power generation facilities that use discarded cooking oil as fuel. Furthermore, we have set a long-term ESG target of “Aim for carbon neutrality in securities market operations (our value chain) by 2030” and are working towards this.
08 Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Target 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

JPX aims to contribute to the sustainable growth of the Japanese economy as a core infrastructure that supports financing for companies and asset building for the public. JPX supports innovation and growth through the provision of an environment that supports the sustainable growth of listed companies, by promoting the medium- to long-term enhancement of corporate value through the Corporate Governance Code and other initiatives, and by strengthening the functions that channel funds to growth companies such as the Growth Market.
We are also working to improve the market environment by further enhancing the convenience and resilience of the market infrastructure and developing products and systems that contribute to asset formation, so that the fruits of such innovation and growth can lead to asset formation by the public, which then feeds back into the next stage of innovation and growth.
10 Goal 10: Reduce inequality within and among countries
Target 10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations

To ensure fair trading and protect investors in the markets operated by JPX, Japan Exchange Regulation (JPX-R) carries out self-regulatory operations to ensure the fairness, transparency and reliability of the markets. To address international inequalities, JPX-R is also working to exchange information and strengthen cooperation in the field of market surveillance through participation in the Intermarket Surveillance Group, which is comprised of self-regulatory organizations from various countries.
In addition, commissioned by the Japan International Cooperation Agency (JICA), JPX accepts trainees from exchanges and related organizations of developing countries and provides them with a comprehensive training program on stock exchange operations, thereby contributing to better knowledge and skills on topics like rule framework-building and self-regulatory operations.
12 Goal 12: Ensure sustainable consumption and production patterns
Target 12.6 Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle

JPX encourages sustainability-related initiatives and information disclosure among companies listed on Tokyo Stock Exchange. The Corporate Governance Code sets forth the principle that "companies should take appropriate measures to address sustainability issues," and on information disclosure, requires Prime Market-listed companies to consider "enhancing the quality and quantity of climate-related information disclosure based on the TCFD recommendations or an equivalent framework“ as a best practice. In addition, we support listed companies in understanding and appropriately responding to sustainability issues by providing them with tools such as practical guidance and information on our website.
13 Goal 13: Take urgent action to combat climate change and its impacts
Target 13.1 Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries
Target 13.2 Integrate climate change measures into national policies, strategies and planning
Target 13.3 Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning

To support the shift to carbon neutrality in Japan, JPX is pushing forward with our environmental strategy both as a market operator and as a business corporation. In addition to promoting sustainability through market mechanisms, JPX aims to achieve carbon neutrality as a Group, and by 2030, for securities market operations.
In addition, JPX supports the Ministry of Economy, Trade and Industry's "GX League Basic Concept" and is cooperating in work towards the establishment of a carbon credit market as part of carbon pricing frameworks promoted by the Japanese government. We are also working to strengthen information dissemination and build an environment where market functions are used to their full potential so that ESG investment funding can be utilized by companies that have the high-level technology and potential to contribute to the decarbonization of society.
17 Goal 17: Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
Target 17.14 Enhance policy coherence for sustainable development
Target 17.17 Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships

JPX promotes sustainability in cooperation with various stakeholders in Japan and overseas. In Japan, JPX participates in meetings of the Financial System Council Working Group, Expert Committee on Sustainable Finance, and other groups held by government ministries and agencies to support sustainable development from a financial perspective. Overseas, we actively disseminate information through participation in, for example, the World Federation of Exchanges and the Sustainable Stock Exchanges Initiative.