16.45 - 18.15

Paul Hoff (Japan)
Director Business Development Asia - FTSE Group

Keiichi Fukuyama (Japan)
Executive Managing Director - RIPPA (Research Institute for Policies on Pension & Aging)

Research Project on ESG Investment of Japanese Pension Funds

A new Research Project on ESG Investment of Japanese Pension Funds has just started supported by Japanese Government's Grant-in-aid for scientific research. Scheduled period of research is 3 years (2011-2013).
I will explain the outline of this project, especially the ongoing survey of pension funds. While the current general position of Japanese pension funds toward ESG Investment does not necessarily seem to be positive, our questionnaire contains our recognition and hypothesis of this issue. We should like to grasp overall situations, analyze problems and seek future possibility of evolution of ESG investment among Japanese pension funds.

Hiroshi Miyai (Japan)
Senior Executive Managing Director - Nikko Financial Intelligence, Inc.

ESG Factors in Corporate Valuation - from the Research by the SAAJ's Working Group

The Securities Analysts Association of Japan (SAAJ) established a “Working Group on ESG Factors in Corporate Valuation”, in order to study corporate valuation methodology explicitly incorporating ESG factors. Research strategy on ESG factors in corporate valuation for long term investors such as pension fund will be discussed.

Masato Ito (Japan)
Deputy General Manager, Sustainable Property Promotion, 
Real Estate Business Development Department 
 - The Sumitomo Trust & Banking Co., Ltd.

Research and Innovation in the Field of Responsible Property Investment in Japan

Responsible Property Investment is an approach to property investing that recognizes environmental, social and governance considerations along with more conventional financial objectives. I would like to introduce some recent surveys which show a harbinger of prevailing RPI in Japan. In addition, I would like to introduce some activities which will innovate the Japanese property market and help the dissemination of RPI in Japan.