Proxy advisors and pension consultants must play “important role” in stewardship, says new Japanese code

ESG namechecked in country’s revised definition of “stewardship responsibilities”

Japan's Financial Services Agency (FSA) has finalised the latest version of the country’s stewardship code, adding ESG explicitly into its definition of “stewardship responsibilities” and highlighting the role of investment consultants for pension funds and proxy advisors in supp…

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