TOKYO -- Nippon Life Insurance, one of Japan's largest private institutional investors, aims to achieve net-zero emissions for companies in its stock and bond portfolios by 2050, Nikkei has learned.
Exclusive: Companies that fail to meet climate goals will be dropped from portfolio
Nippon Life's investment portfolio holdings equate to 12 million tons of carbon dioxide emissions a year. © Reuters
TOKYO -- Nippon Life Insurance, one of Japan's largest private institutional investors, aims to achieve net-zero emissions for companies in its stock and bond portfolios by 2050, Nikkei has learned.