Searches and Hires

Japan’s GPIF hires Nissay Asset Management for study of ESG disclosures

Japan's 165.6 trillion ($1.47 trillion) Government Pension Investment Fund, Tokyo, hired Nissay Asset Management to conduct research on the ESG disclosure practices of companies and asset managers around the world.

Nissay Asset Management in a news release said its study will include a comparative analysis of major environmental, social and governance information disclosure standards and frameworks around the world.

Norihiro Takahashi, the president of GPIF, in a Nov. 15 interview, said, "We'd like to understand the reality, or the status quo, of ESG data" — and the considerable variation in prevailing methods and definitions.

A report of Nissay's findings could be made public as early as April.