“Greenwashing is a persistent and growing problem in the ESG landscape. However, many companies in Japan suffer from this issue in reverse and we believe their ESG ratings are often significantly worse than they deserve.”
[COMMENTARY] This is important. I’ve long thought that Japan is underestimated for its ESG corporate contributions. This article explains the how and why of this. Managers of western ESG portfolios need to consider increasing allocations to Japanese companies.
See Japan in a different light: How investors get ESG in world’s third-largest economy wrong, by Richard Kaye, May 5, 2021, Investment Week, UK.