Day one
Wednesday 22 May, Toranomon Hills Forum
8:15

Registration

9:00

Welcome remarks from Responsible Investor

9:05•

Plenary 1: The future role of transition finance in sustainable investing
How do we define what transition finance actually is? What do investors and financial
institutions need from industry and policy makers to move forward on transition
finance?
The impact of the sovereign transition bond launch - will this strengthen the international
credibility of transition finance?
How do foreign investor’s view Japan’s push for transition finance and establishment of
the Asia GX consortium?

••

Moderator:
Margarita Pirovska, Director of Policy, PRI
Speakers:
Bhargav Dasgupta, Vice-President, Asian Development Bank
Leong Wai Leng, Managing Director and Regional Head of Asia Pacific, CDPQ Global,
CDPQ Singapore
Hideki Takada, Director for Strategy Development, Financial Services Agency
Helena Fung, Head of Sustainable Finance and Investment, Asia Pacific, London Stock
Exchange Group
Fumihiro Kajikawa, Director, GX Finance Promotion Office, Ministry of Economy,
Trade and Industry (METI)
10:05

KeynoteYutaka Matsuzawa, Vice-Minister for Global Environmental Affairs, Ministry of theEnvironment, Japan

10:20

Networking break

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

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11:00 Plenary 2: Turning Nature positive: embracing Biodiversity and incorporation of
the TNFD• What are the challenges in implementing the TNFD framework? - What are the learnings
from TCFD?
• How has the TNFD engaged with corporates to build a framework that is decision-useful?
• Why does nature matter in the fight against climate change?
Moderator:
Naomi Davies, Counsellor, Economic & Finance, British Embassy, Tokyo
Speakers:
Evonne Yiu, Manager, Climate Change and Sustainability Services, EY
Makoto Haraguchi, TNFD dedicated SVP, Corporate Sustainability Dept. MS and AD
Insurance Group Holdings
Sylvain Vanston, Executive Director, Climate and Biodiversity Investment Research, MSCI
Hirotaka Hideshima, Counsellor on Global Strategy, TNFD Taskforce member,
Norinchukin Bank
11:50
play?
•
•
•

Plenary 3: Countering the anti ESG backlash, does Japan have a meaningful role to
What is the real-world impact of the ESG backlash? Has the ESG backlash also catalysed
positive change, or is this wishful thinking?
The role of Japan in the ESG debate, does it have a better model for doing things?
Will ESG funds in Japan and abroad need to radically evolve going forward to overcome asceptical market and how should they do this?

Moderator:
Khalid Azizuddin, Senior Reporter, Responsible Investor
Speakers:
Colin Melvin, Founder and Managing Director, Arkadiko Partners
Satoshi Ikeda, Chief Sustainable Finance Officer & Deputy Commissioner for International
Affairs, Financial Services Agency
Monica Nagashima, Director, East Asia, InfluenceMap
Sasja Beslik, Chief Investment Strategy Officer, SDG Impact Japan
12:40

Networking Lunch
Stream A

13:30 – A1: Spotlight on
the GX bond andtransition bonds aslabelled instruments

Stream B

Stream C

13:30 – B1: Businessand Human Rights•

Managing human rights
issues in the value chain

13:30 – C1: Reachingfor a global baseline:
Implementation of the
ISSB and sustainability
disclosures

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/••How has the Japan
Climate Transition Bondbeen received andappraised by investors so
far? Is there sufficienttransparency?
Understanding the role oftransition bonds in the
broader context

Moderator: Ryushiro
Kodaira, Senior Editorial
Writer, Nikkei
Speakers: Ulf Erlandsson,
CEO & Founder,
Anthropocene Fixed Income
Institute
Maiko Morishita, Climate
Bonds Initiative
Kenichi Konuma, Director for
Climate Finance Policy,
Technology and Environment
Policy Bureau Ministry of
Economy,Trade and Industry (METI)

14:15

•

•

Moderator: Arisa Kishigami,
Independent Consultant &Thought Leader, En-CycleS
Speakers:
Hideki Matsuoka, Special
Project Manager, Asia-Pacific
Human Rights Information
Center (HURIGHTS OSAKA)
Ryusuke Tanaka, Programme
Officer, International
Labour Organization Officefor Japan
Michiyo Morisawa, Senior
Lead, PRI
Minoru Matsubara, Chief
Sustainability Officer,
Managing Executive Officer
Responsible Division, Resona
Asset Management

14:20 – B2: Social
Disclosure in Japan•••

Do the ISSB regulations
identify the key issues inmeaningful way?
• How do investors view the
ISSB standards?
• How should ISSB
standards be incorporated
into Japan and globally?
Moderator: Daiki Fujino,
Daiwa Institute of Research
Speakers:
Anjali Viswamohanan, Directorof Policy, AIGCC
Hiroshi Komori, ISSB
Koichiro Kuramochi, Chief
Accountant, FSA
Chikako Matsumoto, Managing
Executive Officer, CSuO,
Sumitomo Mitsui TrustHoldings•

5-minute break

14:20 – A2: Addressing
the challenges offinanced emissions•

Best practices for
implementing humanrights due diligence
Developing
decarbonization and justtransition pathways forbanks and insurancecompanies

How do we identify anddefine financed
emissions?
What are the effective
approaches foraddressing the challengesof financed emissions?
Best practice on financed
emissions calculation anddisclosure••

14:20 – C2: Creating
better governance inJapan

What can we do withsocial data and why is this •important? Why does thishave financial materiality?
Japan is still lagging on the‘S’ and disclosure – Why is
it ignored?
•
How can it catch up withother OECD nations?

Moderator: Asako Nagai,
Managing Director, BSR
Speakers: Kiran Aziz,•

What’s it going to take toimprove governance inJapan and improve bothsustainability andcorporate value?
How does good
governance interrelate withenvironmental and social
issues?
Increasing valuations
through governance, arerecent initiatives toPlease note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

Moderator: Chie Mitsui,
Senior Researcher, Nomura
Research Institute
Speakers:
Kenichi Konuma, Director for
Climate Finance Policy,
Technology and Environment
Policy Bureau Ministry of
Economy,Trade and Industry (METI)
Tomohiro (Tomo) Ishikawa
Chief Regulatory Engagement
Officer, Mitsubishi UFJ
Financial Group (MUFG)
Masaaki Nagamura, Fellow,
International Initiatives, Tokio
Marine Holdings Inc.
Paul Antoine Thiebot, Head of
Sustainable Finance APAC,
Societe Generale

Head of Responsible
Investments, KLP Insurance
Pension Fund
Atsuhito Mori
Head of Sustainable
Investment, Japan, FTSE
Russell, An LSEG Business
Ana Colazo
Investor Engagement Lead,
World Benchmarking
Alliance

improve P/B ratios having
an impact?
Moderator: Nicholas Benes,
Representative Director, The
Board Director Training
Institute of Japan
Speakers:
Amane Fujimoto, Japan
Advisor, International
Corporate GovernanceNetwork (ICGN)
Sakon Kuramoto
Managing Attorney, Kuramoto
International Law Office
Masatoshi Matsuzaki, Outside
Director, Chairperson of theBoard of Directors, LIXIL
Corporation

15:05 Networking break
15:35 - A3: The futureof sustainable food andagriculture•••

How can we further
reduce emissions in foodsupply chains?
How do we get to a moresustainable meat supply
and better use ofproteins?
What are the challenges
for Japanese companies tomake agricultural andfood disclosures and how
do we close the gap
compared to other OECDmarkets?
Moderator: Chisa Ogura,Founder, Meros
Consulting
Speakers: Maho Uehara
Chevalier, Director,
Animal Welfare

15:35 – B3: The
continuing Diversity
dilemma – how toaccelerate change inJapan?

15:35 – C3: Spotlight on the
future of sustainable retailinvesting in Japan

With the rise of NISA how
can Japan now create a• The business case fordynamic sustainable
diversity, why better
investing ecosystem fordiversity equals better
retail investors?
performance• What potential new• How can we accelerate
sustainable investingfemale board
products should be
membership in Japan andintroduced and are best
get to 30% by 2030?
suited for the JapaneseModerator: Tatjana Gerling,
market?
Ambassador to Japan, 2X• How do we better educate
Globalretail investors in Japan
Speakers: Tracy Gopal, CEOregarding sustainable& Founder
investing?
Third Arrow Strategies & the Moderator: Yasuyuki Sugiura,
Japan Board Diversity
Managing Director, Institution
Networkof Social System Research,
Makiko Nakamori, Director, Nikko Research Center, Inc
Itochu Corporation &•Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

Corporate Partners
Japan (AWCP)
Sofía Condés, Director of
Investor Outreach, FAIRR
Mariko Kawaguchi,
Executive Advisor to theCEO, Fuji Oil. Holdings

Representative Partner,
Nakamori CPA Offices
Basak Basar Beleli,Chief Employee Experience
Officer, NN Life Insurance

16:25

Break

16:30

Plenary 4: The rise of impact investing•••

Speakers: Yoshinori Nagano,Managing Director, Head,
Center for Dissemination of
Investment and AssetManagement, Daiwa AssetManagement
Arisa Kishigami, Independent
Consultant & Thought Leader,
En-CycleS
Mari Kamei, Deputy Director
Sustainable Finance Office
Strategy Development Division,
FSA
Mariko Suzuki, Artist, Founder,
CEO, Kinyu Joshi

What is impact measurement and management (IMM) in practice?
What are IMM challenges and how to overcome them?
How can we achieve financial and impact return at the same time?

Moderator: Yuka Ogasawara, Impact Officer/ Deputy Secretary General, Social Innovation
and Investment Foundation/ Impact Driven Finance Initiative
Speakers:
Masato Nakamura, Founding Partner, GLIN Impact Capital
Yuriko Gibo, Principal, Keio Innovation Initiative
Oyin Oduya, Managing Director, Impact Measurement & Management Practice Leader,
Wellington Management
1720
•
•
•

Plenary 5: Visualization of the relationship between non-financial, financial, andcash flow
Background on the demand for visualizing non-financial information
The impact of non-financial data on finance and its visualization
Examples of non-financial data management initiatives by leading sustainable companies

Moderator: Hayashi Motoaki, Partner, PwC Japan Group Sustainability Center of
Excellence
Speakers:
Hirofumi Watanabe, General Manager Regional Sustainability Design Dept. AEONMALL
Co.,Ltd
Tomosuke Hirano, General Manager Sustainable Management Office, Sompo Holdings, Inc
Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

18:00Cocktail Reception & End of Day 1

Day two
Thursday 23 May, Toranomon Hills Forum
8:00

Registration

8:00 - 10:00 MSCI exclusive breakfast
seminar: Building Resilience: Addressing
Climate and Biodiversity Risks (Byinvitation)
Regulatory trends and policies: Explore thelatest developments in climate-related
regulations and practices from a global andregional perspective.
Progress of APAC climate action: Delve into
emissions disclosures, climate targets, fuel mix
of utilities, transition financing, managed
phaseout of coal-fired power plants, and clean
tech development.
Incorporating climate and biodiversity-relatedrisks and opportunities into investment
portfolios: Gain practical insights and bestpractices.
Speakers: Sylvain Vanston, Executive
Director, Climate Investment Research, MSCI
Kenji Watanabe, Vice President, ESG &Climate Research, MSCI
Tomoki Takahashi, Vice President, Climate
Specialist, MSCI
Yukie Shibano, Executive Director, ESG &Climate Research, MSCI
Yutaro Tanaka, Executive Director, ESG &Climate Client Coverage, MSCI

8:30 – 0930 Deep dive workshop: RiskReturn-Impact: how impact investing ischanging the paradigm (4th floor)
Impact investing is no longer a nicheinvestment practice. As regulations in Europe
codify impact into corporate disclosures andfund labelling requirements, investors globallyare grappling with how to integrate impact
measurement and management practices
across all stages of the investment lifecycle. As
we move towards a new paradigm of riskreturn-impact, hear from investors with deep
experience in driving competitive returns
through significant social and environmental
impacts.
Speakers: David Freiberg, Senior Manager,
Climate Change and Sustainability Services,
EY Japan
Christian Wiehenkamp
Founder, Effectual Capital
Mari Kogiso, Co CEO, SDG Impact JapanKen Shibusawa, Chief Executive Officer,
Shibusawa and Company

Stream A

Stream B

Stream C

9:45 – A4: Overcoming
the Biodiversity Data
challenge

9:45 – B4: Navigating thefuture: Emerging Leadersin Impact Investing

9:45 - C4: Enabling
effective engagement inJapan

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

•

•

•

•

What kinds of data
should investors becollecting anddisclosing?
The challenges ofcollecting location
specific data. How cantechnological innovation
help?
Capturing supply chain
data. Closing the gap,
how will the quality of
biodiversity related data
evolve going forward?
How are Japanese
corporates dealing withthe biodiversity
disclosure challenge?

Moderator: Nozomi
Mizuno-Witherspoon,
Sustainability & Social
Impact Senior Specialist,
Japan Research Institute
Speakers: Eri Kakuta, CDP
Max Boucher, Senior
Manager, Research &Engagements, Biodiversity,
FAIRR
Snorre Gjerde, Lead
Investment StewardshipManager, Norges Bank
Investment Management

•

•

•

How do we nurture thenext generation of ESG
and impact talent?
How are the next
generation thinking
about innovation andimpact?
What is needed to better
raise and educate people
in the impact field inJapan?

Moderator: Aiko Kozaki,
Director, Investment
Department, Japan Network
for Public Interest
Activities (JANPIA)
Speakers: Masaki Kawai,CEO, UNERI Inc
Tetsushi Hisata,
Representative Director, Soil
Foundation
Taka Nakamura, CEO, taliki,
Inc. / taliki Fund••

Understanding thedifferent types ofengagement, how has it
evolved in the last few
years?
What can undermine
success in engagement
and how do you measuresuccess in the first place?
How do we create
effective beneficiary
engagement in Japan?

Moderator: Koh Matsuki
Chief Executive Officer, Proxy
Watcher Inc.
Speakers:
Brynn O'Brien
Executive Director,
Australasian Centre for
Corporate Responsibility
Will van de Pol, CEO, Market
ForcesSpeaker, Will Oulton, Advisor
MUFG Asset Management
Sustainable Investment

10:30 15-minute break
10:45 – A5: Market integrity
and greenwashing insustainable finance

10:45 – B5: Focusing
on ESG outcomes•••

What should we mean bygreenwashing insustainable finance? Are
current definitions too
broad to be helpful?
What factors contributeto greenwashing risks in•••

How should we assess
ESG investments?
What are the realoutcomes?
How do we create value?
Management milestones,
creating sustainability

10:45 – C5: Successfully
implementing AI into
ESG – elevating
sustainability withtechnology• What are the benefits andconcerns of AI tools
driving social and climate
impact?

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/•

the sustainable fundindustry?
Where can we identify theareas of actual concern
where proactive action
can be taken?

Moderator: Khalid Azizuddin,
Senior Reporter, Responsible
Investor
Speakers: Asahi Yamashita,
Head of Japan, ClientEarth
Shinsuke Kobayashi, Partner,
Kanagawa International
Law Office
Kim Schumacher, Associate
Professor, Sustainable
Finance & ESG, Kyushu
University

outcomes for investee
companies•

How can AI improve data
quality andstandardization?
What are successfulrecent examples ofadoption of AI that have
driven change in ESG
policy?

Moderator: Takuro Kimura
Chief Executive Officer, GCubed Partners, Inc.
Speakers:
Hanae Maeda, Managing
Director, CSR Design Green
Investment Advisory
Sachiko Ichikawa, Partner
Lawyer, Tanabe & Partners
Kana Kawasaki, Head ofBusiness Development,
Morningstar Indexes, Japan &South Korea, Morningstar
Japan

•

11:45 – B6: Discussing
the definition of ESG

11:45 – C6: Elevating
assurance insustainability

Moderator: Naho Nakakubo
Chief ESG Innovation Officer,
Cierpa & Co
Speakers:
Philip Sugai, Director (Value
Research Center), Doshisha
University
Daniel White, CEO, Gentian
Yuriko Nakao, Associate
Professor, Kansai University

11:30 15-minute break
11:45 – A6: Evolution ofvoluntary carbon credits• Investability andbankability of carbon
price.
• How do we use prices toshift behaviour?
• Will Japan have a scheme
linked to theinternational market
Moderator: Yuriy Humber,President, Yuri Group
Speakers: Ken Tammoto,Principal Strategist,
Carbon Solutions
Development Unit, MOL
Takumi Matsuo, Head of the
Carbon Credit Market
Office, Tokyo Stock
Exchange
Patrick Buergi, Managing
Director, Japan, South Pole

•

•

•

What are the maininconsistencies in ESG
concepts amongst
current definitions?
How should we best think
about and harmonize
definitions of common
themes within ESG suchas stewardship andimpact investing?
Implementing greater
clarity and consistency in
ESG definitions for better
communication amongst
investors

Moderator: Yuki Miyoda,
Project Researcher, Graduate
School of Frontier Sciences,
University of Tokyo

•

•

•
•

What is the expected levelof reliability of data forassurance?
How do we improve theinternal control ofsustainability information?
Is assuring SME datapractically possible?
Should qualitative andforward-looking
information be assured?

Moderator: Tomoko Tsuruno,
Director, Institute of
Sustainability Management
and Assurance
Speakers: Goro Kumagai,
Senior Fellow, IndustryGovernment Academia
Collaboration Office,

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

Speakers: Emi Onozuka,
CEO, Eminent Group
Masaru Arai, Chair,Japan Sustainable
Investment Forum
Akane Enatsu. Head of
Nomura. Research Center of.
Sustainability, Nomura
Institute of Capital Markets
Research

Global Strategy Department,
Mizuho Securities
Chie Mitsui, SeniorResearcher, Nomura
Research Institute
Makoto Koyazaki
Audit & Supervisory Borad
MemberShimadzu Corporation

12:30

Networking Lunch

13:30

KeynoteKenji Shiomura, Managing Director, ESG & Stewardship Department, GPIF

13:45

KeynoteSherry Madera, Chief Executive Officer, CDP

14:00

KeynoteRyusuke Bushimata, Director, International Bureau, Ministry of Finance, Japan

14:15

Plenary 6: Accelerating Japan’s path to decarbonization•••

Are Japan’s net zero targets realistic? How do international firms evaluate Japan’s efforts
to decarbonize and technologies such as green ammonia? How can impact and influence
be assigned in collaborative engagements?
What should Japan’s future energy policy look like? Will the role of coal phaseout
technology increase?
Japan’s long term renewable energy plans – where is the role for offshore wind?
Moderator:
Kae Takase, Senior Coordinator, Renewable Energy Institute
Speakers:
Kenji Fujii, Japan Chapter Lead, Glasgow Financial Alliance for Net Zero (GFANZ)
Hiroshi Fujikawa, Chief Sustainability Officer, Kirin Holdings Company
Yukari Takamura, Professor, Institute for Future Initiatives, The University of Tokyo
Alexander Pui, Adjunct Lecturer, University of New South Wales

15:05

Networking break

15:45

Plenary 7: Japan’s Asset Owner Challenge – getting more institutional capital into
sustainable investing•

How can we more effectively engage with Japan’s Institutional Investor community toinvest more into sustainable finance?

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/

••

The future of the asset management industry in Japan – what reforms are needed tospur on institutional investments in ESG?
Corporate pension funds in Japan – how can we create better awareness on sustainable
investing?
Moderator: Yoko Monoe, Senior Consultant, Mercer
Speakers:
Takeshi Kimura, Special Advisor to the Board, Nippon Life Insurance
Hiroyuki Nomura, Operating Officer, Senior General Manager, Japan Post Insurance
Yasunari Iwatate, Executive Director, Higo Bank & Chairman, Higo Corporate Bank
Pension Fund

1630

End of conference

Please note, this is a draft document, session timings and descriptions are subject to occasional change.
For program information:
Andrew Wolff
andrew.w@pei.group

For sponsorship opportunities:
Claire Porter
claire.p@pei.group

For registration queries:
Customer Services
customerservices@pei.groupresponsible-investor.com/ri-japan/