Stricter rules and new regulations from Japan’s Financial Services Agency will pave the way for growth in the nation’s ESG market, according to JPMorgan Securities Japan Co.
The draft guidelines that require ESG elements to be a key factor in the selection of investment assets by ESG mutual funds are part of a global trend to improve the credibility of these products, said Tomohiko Sano, head of ESG research at JPMorgan Securities.
