Will the Green Growth Strategy Lead to Promising Business Opportunities? Exploring the Future Five Years from Now

The COVID-19 pandemic has brought about great changes in our society and business environment. To grasp the nature of the social transformation arising from this ongoing event, since May 2020 Nikkei BP has been conducting a series of surveys of Japanese businesspeople (more than 11,000 in total). The results unveil major alterations in their mindsets. Following the Japanese government's declaration on realizing "Carbon Neutrality by 2050" in October 2020, the Ministry of Economy, Trade and Industry (METI) took the lead in formulating the "Green Growth Strategy through Achieving Carbon Neutrality in 2050," which was unveiled in December of the same year. The Ministry positions this strategy as "an industrial policy to lead the challenging goal of achieving carbon neutrality by 2050, a vision that is upheld by the Suga administration and aims toward a positive cycle of economic growth and the environmental protection." The strategy emphasizes 14 sectors as priority fields (Fig…
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Breaking News: Rockefellers to Kick the Oil Habit

(See video below) By the time the Ball drops in Times Square on December 31st, The Rockefeller Brothers Fund–a private charitable foundation established in 1940–committed to reducing their exposure to coal and tar sands investments to less than one percent of their total portfolio. Could be a great way to end the new year, or "the end of the hydro carbon age" as Deborah Burke of the Fund's Sustainable Development team quoted Bill McKibben from yesterday's People's Climate March. Would father, John D. Rockefeller, Jr., the philanthropist who founded the fund, approve? Perhaps. According to the fund's Sustainable Development Guidelines, the fund already supports global stewardship that is ecologically based, economically sound, socially just, culturally appropriate, and consistent with intergenerational equity. The Fund encourages government, business, and civil society to work collaboratively on climate change, to acknowledge the moral and ethical consequences of in…
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Investors Achieve Strong Results on Climate Change

Investors achieved noteworthy victories during this year’s shareholder proxy season, with a near record 110 shareholder resolutions filed with 94 U.S. companies on corporate sustainability challenges such as climate change, supply chain issues and water-related risks. Shareholders achieved numerous successes within the energy sector, as described in a previous press release issued two weeks ago. Among resolutions filed with other major U.S. manufacturers, consumer brands and service providers, many investors requested board oversight of corporate sustainability issues and comprehensive disclosure via sustainability reports. Overall, investors withdrew more than 40 of the 110 resolutions after the companies responded affirmatively to their specific requests. A full listing of Ceres-tracked resolutions, including information on lead filers, votes and complete resolution text, is available at www.ceres.org/investor-network/resolutions. Highlights of the 2013 proxy season inc…
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