ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business trends

Japan Inc. taking lead in switch to green refrigerants

Global environmental pacts, socially conscious investors prompt move

TOKYO -- Lawson, Ajinomoto and other Japanese corporations are phasing out the use of fluorocarbon refrigerants, a class of greenhouse gases, in order to both comply with stiffer regulations and attract investors concerned about the environment.  

Institutional investors around the globe are increasingly taking environmental measures into account when screening investments. Such socially responsible asset management has reportedly climbed to $62 trillion. The Paris Agreement aimed at reducing greenhouse gases has gone into effect, and a separate accord calls for cuts in fluorocarbon production beginning in 2019. For business groups, environmentally friendly strategies are becoming an important part of raising funds and conducting business.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more