Nippon Life to expand ESG engagement with portfolio companies
Investee companies will be offered carrots for sustainability efforts but can expect the stick if they don’t, a senior executive said.
Japanese insurance behemoth Nippon Life is ramping up efforts to improve sustainability outcomes among companies in its portfolio.
The initial approach will be to try a dialogue-based “carrot” approach: Nippon Life will engage with the companies to identify positive and negative outcomes and introduce milestone management to track progress towards those targets.
Takeshi Kimura,
Nippon Life
However, if efforts and results are not seen, the insurer will be ready to mov…
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