Eco-First
Company
Resona Asset Management is Certified as an Eco-First Company by the Minister of the Environment
On April 5th, 2023, Resona Asset Management (RAM) was certified as an Eco-First Company by the Minister of the Environment under the Eco-First Program, which is the certification for companies that are leaders in their environmental activities.
RAM is the first institutional investor to be certified as an Eco-First Company.
RAM was recognized for our proactive initiatives, including the establishment and management of the Global Impact Investment Fund (Climate Change), which invests in companies that make a significant contribution to combating climate change.
About ECO-FIRST PROGRAM
The Eco-First Program was launched by the Ministry of the Environment, Japan (MOE) in 2008, aimed at enhancing efforts by the business sector to tackle environmental challenges. Under this program, companies certified to be leading in their environmental activities by the MOE are entitled to use the official Eco-First logo mark.
In order to be certified, companies are required to make voluntary commitments to achieve environmental goals to the Minister of the Environment. Those commitments need to include
- 1) One or more targets, which need to be recognized as innovative, original, and/or having A spill over effect.
- 2) Adequate and proper targets in three or more fields.
based on "ECO-FIRST PROGRAM" (Ministry of the Environment)
https://www.env.go.jp/guide/info/eco-first/assets/pdf/eco-first_en.pdf
By the end of April 2023, 66 companies have been certified.
Abstract of Our Commitment Sheet
-We aim to achieve net zero GHG emissions from our operations by 2050 through ESG integration, dialogue and engagement, and so on.
-We establish an impact investment fund that invests in companies that make a significant contribution to climate change mitigation and adaptation. We measure and disclose their contributions to achieving net zero emissions.
-We contribute to biodiversity conservation through dialogue and engagement with key investees involved in the palm oil, paper, and timber supply chain, TNFD disclosure, and so on.
Our Commitment Sheet
To learn more about our Global Impact Investment Fund (Climate Change), see its impact report.
