September 14, 2018
Office of the Governor for Policy Planning
AS one project included in the “Global Financial City: Tokyo” Vision announced in November, 2017, the Tokyo Metropolitan Government (TMG) is carrying out the new Tokyo Financial Award to recognize financial institutions developing and providing products and services that meet Tokyo citizens’ needs and challenges, as well as those who are contributing to the spread of ESG investment.
Based on the opinions shared from Tokyo citizens on daily financial services and ESG investments gathered, the below themes for the Tokyo Financial Award were selected.
From today, TMG is accepting financial institution candidates for the “Resolution of Tokyo Residents’ Needs” and “ESG Investment” categories.
* ESG (“Environment, Social, Governance”) refers to investment decisions based on an institution’s proactive efforts in combating global warming, empowering women, selecting outside directors, etc.
In the “Resolution of Tokyo Residents’ Needs” category, themes have been set for each field, and financial institution candidates are being sought based on their proposed solutions. In the “ESG Investment” category, financial institution candidates are being sought to actively disseminate ESG investment, in the fields citizens were most interested in.
Please see Tokyo Financial Award for details.
|Resolution of Tokyo Residents’ Needs
Ranking of fields Tokyo citizens are deeply concerned about
Deposits and Withdrawals
1st：Climate change (E)
2nd：Human capital (S)
3rd：Natural resources (E)
|Category||Resolution of Tokyo Residents’ Needs||ESG Investment|
|Eligible institutions||Domestic and international financial institutions that offer solutions to citizens’ needs and who are offering services in, or plan to offer services in, Tokyo.||Domestic and international financial institutions engaging in ESG investment activities in line with citizens’ needs or challenges.|
|Application period||Friday, September 14 - Tuesday, October 16, 2018||Friday, September 14 - Monday, November 26, 2018|
|# to be selected||3 institutions||About 3 institutions|
（From first place: 10 million yen, 5 million yen, 3 million yen）
(Mentorship program, business matching, provision of development environment etc. ）
|How to Apply||
Please visit the Tokyo Financial Award website to apply:
External Relations Section,Coordination Division, Office of the Governor for Policy Planning