ESG Investment and Japan

<ESG Investment, Japan is a guideline...?>

The "Paris agreement" to build an international framework for global warming, following the Trump regime that has withdrawn from the agreement, the Japan government has formulated a guideline to attract the Japan of "ESG investment" incorporating corporate warming countermeasures into investment decisions, etc.

* ESG Investment is a choice of companies that consider the environment (Enviroment), society, and Corporate Governance (Government). It does not resonate with overseas investor sentiment even if the securities companies sell similar investment products to domestic investors many times in the environmental field.

Only failure cases. Five industries, such as automobiles, steel, chemical, electric and electronic, energy (electric power, gas, and petroleum), are Japan companies in which ESG investments are targeted.

The aim of this time is to open information disclosure (leave it to corporate decisions) about measures to prevent global warming, attract investment from overseas, and lead to the growth of Japan economy with simple and clear standards. As of December 25, the average stock price has been cut by 19500 yen. The bottom is not visible.　Now, does the global investor invest in long-term holdings in an unattractive industry specified by the guideline? Government sources of troubled Japan who do not know the original meaning of ESG investment. Crazy....