Action plan of Keidanren, UTokyo and GPIF torealize Society 5.0 for SDGs
The three parties of the Japan Business Federation (“Keidanren” hereinafter), the University ofTokyo (“UTokyo” hereinafter), and the Government Pension Investment Fund (“GPIF” hereinafter)
hereby declare that they will implement the following action plan to realize “Society 5.0 for SDGs.” Thisis a concept originating in Japan which seizes current changes such as the imminent development ofdigital transformation (DX), changing socioeconomic structure, increasing sense of crisis regarding
global environmental issues, and shifting people’s mindsets as an opportunity to achieve mid- to longterm economic growth (“Society 5.0” hereinafter).
Actions to be implemented by all parties
Improving recognition and understanding ofSociety 5.0• Publicizing Society 5.0 at home and abroad• Promoting incorporation of Society 5.0 into thestewardship principles for companies andinvestors at home and abroad
Keidanren
Encouraging companies and initiatives to achieve
Society 5.0• Promoting the action plan for corporatetransformation as outlined in Keidanren’s
recommendations on Society 5.0 and theCharter of Corporate Behavior• Further promoting initiatives to solve problems
through innovation (e.g., “Challenge Zero”
Initiative)• Promoting matching of ESG investors withcompanies promoting Society 5.0• Promoting initiatives for the evolution of theventure ecosystem• Fostering investment through corporate pension
and promoting stewardship activities to realize
Society 5.0• Promoting development and dissemination offinancial products (investment trust, etc.) related
to Society 5.0
Further consideration to realize Society 5.0• Presenting the industrial structure of Society
5.0 and the action plan for corporatetransformation through the council on DigitalTransformation• Engaging with various stakeholders including thegovernment to realize Society 5.0 through eachcommittee
UTokyo• Conducting
researchonthedesirable
socioeconomic system that supports Society 5.0
and the strategy to steer the current system inthat direction, including research on global
commons in both physical and cyberspace• Cultivating talented people to lead Society 5.0
as professionals and entrepreneurs withknowledge• Accelerating efforts to create industryacademia collaboration, including the creationof a venture ecosystem model centered onuniversities, in cooperation with relevantorganizations• Developing institutional and framework
research and investment methods to encourage
investment in companies and other entities
that will lead the realization of Society 5.0 forSDGs, including research on optimal ways ofassessing social impacts
GPIF
The GPIF will consider the following initiatives
in light of the view that sustainable growth of
the investment portfolio and the market as awhole is necessary for a greater long-term
investment return on invested assets in themanagement of reserve funds.
• Consideration of incorporating Society 5.0 andSDGs into its Investment Principles and thelike• Encouraging information disclosure on Society
5.0 with a view to promoting ESG investment• Collaborating with various stakeholders,
including fund managers, to evolve ESG
investment• Promoting constructive
engagement
andconducting research on appropriate evaluation
methods to connect ESG with Society 5.0• Conducting ongoing research into the long-term
performance of companies that will help to realize
Society 5.0• Leveraging ESG investors’ insights to develop
and spread Society 5.0-related financial
products

March 26, 2020
In the hope of growth and problem-solving for Japan and the world,
NAKANISHI Hiroaki
Chairman, Keidanren

GONOKAMI Makoto
President, UTokyo

TAKAHASHI Norihiro
President, GPIF