Global investors want more climate action from Japan's megabanks

Borrowers' transition plans must be assessed to manage risk

Avatar
20240621 megabanks

Shareholders of Japan's megabanks are to vote on proposals demanding that directors' competency to manage climate-related risks and opportunities be assessed. © AP

Will van de Pol is chief executive of Market Forces, a Melbourne-based clean energy finance advocacy organization.

Japan's big banks have a big problem. Like climate change, it will get much worse unless it is addressed quickly.

Sponsored Content

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