Summary

In February 2014, Japan's Financial Services Agency released its "Principles for Responsible Institutional Investors" - otherwise known as Japan's Stewardship Code - with the state aim of promoting the "sustainable growth of companies through investment and dialogue". The Code was adopted in May 2014 by the Government Pension Investment Fund (GPIF), the world's largest pension fund, in order to improve engagement between the firms that manage assets on its behalf and the companies they invest in.