Japan's Governance: About an Article on Natural and Human Capital Disclosures
ESG
153 Views, 11 May 2022 06:59
EXECUTIVE SUMMARY
The Nikkei article reported that, "Disclosure of sustainability-related information in securities reports is expected to become mandatory from fiscal 2023."
The requirement to disclose information on sustainability in annual reports, which are legal documents, is extremely significant.
The use of international standards for sustainability disclosure will make comparative analysis with other companies easier, and is expected to help raise the bar for companies that lag behind.