Japan – Fair Finance Asia Japan

December 13, 20240

2025 ESG Policy Score Announced: Sumitomo Mitsui rops score after withdrawing from the Equator Principles, while Mitsubishi UFJ and Mizuho move backwards in their net-zero goals

Fair Finance Guide Japan (FFGJ), a coalition of 4 Japanese non-profit organizations (NGOs), released its 12th policy assessment assessing Environmental, Social, and Governance (ESG) policies of Japanese financial institutions. Among the six evaluated Japanese major…

September 1, 20240

Untransparent decision-making process and inadequate environmental auditing in the Energy Transition Mechanism of Asian Development Bank

More than 21 months have passed since a Memorandum of Understanding (MOU) was signed in November 2022 between Asian Development Bank (ADB), Indonesia Investment Authority (INA), Indonesian state-owned electricity company (PLN), and Cirebon Electric Power…

July 16, 20240

Papua LNG Project in Violation of ESG Standards

Papua LNG is a project aimed at developing the Elk and Antelope gas fields in the Gulf Province of southeastern Papua New Guinea and constructing liquefied natural gas (LNG) production facilities near Port Moresby. At…

February 15, 20240

Behind the Indonesian Plywoods: Bank’s Responsibilities against Alas Kusuma Group’s Environmental and Social Problems

Alas Kusuma Group is one of the largest timber conglomerates in Indonesia, operating in an area of about 750,000 hectares, mainly on the island of Kalimantan. Several of the group’s logging and wood processing companies…

February 15, 20240

Banks Cast Blind Eye to Complete Lack of Engagement with Pacific Stakeholders on Fukushima Radioactive Water Dump

On August 24, 2023, Tokyo Electric Power Corporation (TEPCO) began releasing water from its tanks within the premises of the stricken Fukushima Daiichi Nuclear Power Station (FDNPS), which were processed through their Advanced Liquid Processing…

February 15, 20240

Fair Finance Guide Japan Case Study on “Green loans” and its Supply Chain Discontents

On September 27, 2023, a syndicated loan totaling 25 billion yen was announced as a “green loan” with Sumitomo Mitsui Banking Corporation as lead manager and Sumitomo Mitsui Trust Bank as co-lead manager. The loan…

December 11, 20230

Press Release: ESG Policy Assessment by CSOs of 6 Major Japanese Banks Reveal that Resona Financed Lowest Emissions

The policy assessment of six Japanese major banks had been carried out in December 2023. This assessment highlights that all six banks disclosed their financed emissions in the power secor, as well as interim targets…

September 30, 20230

JICA Supported Energy Master Plan in Bangladesh, Soaked in Fossil Fuels and not Aligned with the Paris Agreement

In March 2021, Japan International Cooperation Agency (JICA), an official aid agency of the Japanese government, started supporting the Bangladesh government for the development of the Integrated Energy and Power Master Plan (IEPMP) Project. However,…

June 28, 20230

“Blue Peril”

This video reveals what deep sea mining is and what the peril of it is. To watch the video, click here.

April 30, 20230

C7 Recommendation Paper (C7 Communique)

C7 Summit was held on April 13-14. Risa Endo, a JACSES staff, played a role of a Coordinator of C7 Working Group on Climate and Environmental Justice and took part in the process of organizing…