As investment in a field called "ESG" that emphasizes responding to environmental and social issues is expanding, the Ministry of Finance is also "managing assets of the special account that manages funds to stabilize the foreign exchange market. We have decided to consider ESG.
“ESG investment” is a method of selecting investment destinations with an emphasis on tackling social issues such as environmental protection and improvement of the working environment. It is expanding.
In order to stabilize the foreign exchange market, the Ministry of Finance plans to consider "ESG" in managing the assets of the "Foreign Exchange Fund Special Account", the so-called "Foreign Exchange Special Account", which has a scale of 150 trillion yen such as foreign currency held by the government. I decided.
In the future, when choosing financial products to purchase, he said that he would pay attention to whether it would lead to solutions to environmental and social issues, and while the ESG-related bond market is expected to expand, in the future, Operational safety will also increase.
According to the Ministry of Finance, this is the first such initiative in the G7 = seven major countries.
At a press conference after the Cabinet meeting on the 8th, Finance Minister Suzuki said, "I hope that Japan, which has the second largest foreign exchange reserves in the world, will accelerate similar efforts in other major countries and the private sector by promoting such efforts. I'm doing it. "