TOKYO -- Some 20 billion yen ($199 million) in social impact bonds will be issued by the government-affiliated Japan International Cooperation Agency as early as September, a move that could give momentum in the country to socially conscious investment.
So-called ESG investing -- a strategy focusing on environmental, social and corporate governance issues -- has taken off in the U.S. and Europe. ESG investment worldwide is said to be in the tens of trillions of dollars.
