Khalid Azizuddin
The government proposals had faced pushback from local business lobby groups.
Attention will turn to banks, credit ratings agencies and regulators to ensure climate risks are accounted for.
Several rule changes being considered would go beyond the ESG ratings measures proposed by commission in June.
Prime minister Fumio Kishida outlined a series of planned sustainable finance policy measures in a speech at PRI in Person.
The supervisor is planning to test the concept through a pilot transaction.
The Japanese pension fund reported improved ESG ratings for portfolio companies following third-party engagement.
Climate adaptation was found to have the least signatory support, compared to other sustainability topics.
The programme was launched to take advantage of new mandatory disclosure requirements.
Head Simone Dettling speaks with RI ahead of the initiative's fourth anniversary.
The proposed framework has taken cues from the ASEAN regional taxonomy, including coal phase-outs.