Dai-ichi Life and 20 financial institutions in Japan sign impact-driven financing initiative

Written by Adam Cadle

29/11/2021

The Dai-ichi Life Insurance Company and 20 financial institutions have signed the Japan Impact-driven Financing Initiative.

The signatories of the Initiative believe that the fundamental purpose of private financial institutions is to solve environmental and social issues. It also promotes impact-driven finance with measuring and managing the changes in society and the environment ("impact") created by their investments and loans/bonds. The Signatories, while very diverse, will work together to promote high quality impact investment in Japan.

The 21 Signatories will not only implement impact-driven investment, impact measurement and management (IMM) individually but will also have regular meetings to discuss and share best practices and challenges. Through the activities, the Initiative aims to evolve the Japanese financial industry to be more impact-oriented in a sustainable and autonomous manner.

The full list of financial institutions can be viewed here.

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