Nikko Asset Management Co., Ltd. (Nikko AM) today published its third annual report presenting activities aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The report analyses and presents the impact of climate change on Nikko AM’s operating results and financial positions in the 2020 calendar year. Nikko AM’s report focuses on the TCFD’s recommendations with respect to governance, strategy, risk management, and metrics and targets, and seeks to spotlight the firm’s efforts to reflect ESG in its operations as benchmarks for sustainable and responsible investing. The report also explains Nikko AM’s efforts to reduce and offset its carbon dioxide emissions across all of its offices worldwide.
Nikko Asset Management (Nikko AM) has just revamped its Environmental Policy, with a framework aligning all of the firm’s offices around the world in how to consider environmental factors when conducting business. The policy also sets a firm target of a 40% reduction in greenhouse gas emissions, and commits to disclosing regular progress updates towards that target.
At the shareholder meetings of 2,377 Japanese companies in which Nikko Asset Management Co., Ltd. (Nikko AM) held voting rights between July 2020 and June 2021, the firm exercised proxy voting rights regarding 23,393 company-generated proposals and 195 shareholder proposals for a total of 23,588 proposals. Please refer to the tables below for further details.
Nikko Asset Management (Nikko AM) is carrying out the following measures to ensure business continuity, following the Japanese government’s decision on 8 July to declare a new state of emergency regarding Tokyo prefecture.