Nikko AM sets up corporate sustainability department
Nikko Asset Management (AM) has announced the establishment of a corporate sustainability department to increase its environmental, social and governance (ESG) commitments and provide more transparency into how the company manages and approaches investing.
The new department would be overseen by representative director and executive deputy president, Junichi Sayato, and led day to day from Tokyo by global head of product and marketing and head of corporate sustainability, Stefanie Drews.
The company also said that specific internal ESG commitments would include inclusion for LGBT, women and those living with a disability, as well as monitoring adherence to local corporate governance codes.
“As a fiduciary, we hold ourselves to the highest standards of responsibility with regards to ESG, in both how we manage ourselves and in the way in which we approach investment and work with our invested companies,” Sayato said.
“Our clients are at the core of everything that we do, and this launch is further evidence of our efforts to deliver performance to them.”
As one element of this launch, the firm has established a microsite featuring details on its ESG commitments and activities, as well as insights regarding ESG in the investment process.
AUTHOR
Oksana Patron
Recommended for you
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
