Our Approach to Sustainability Certifications and Initiatives

Signatory to the Principles for Responsible Investment (PRI)

In August 2019, Canadian Solar Asset Management K.K., which is the Investment Corporation’s Asset Manager, became the first Japanese asset manager of a listed infrastructure fund to be a signatory to the UN PRI (United Nations supported Principles for Responsible Investment). The UN PRI is an initiative launched in 2006 at the instigation of then UN Secretary-General Kofi Annan. They are global guidelines requiring asset managers, etc. to integrate ESG into their decision-making process. CSIF and CSAM shall clarify their initiatives to address ESG issues and aim for responsible investment management, in order to contribute even more to fulfilment of the social responsibilities.

＜The six Principles for Responsible Investment＞

  • We will incorporate ESG issues into investment analysis and decision-making processes.
  • We will be active owners and incorporate ESG issues into our ownership policies and practices.
  • We will seek appropriate disclosure on ESG issues by the entities in which we invest.
  • We will promote acceptance and implementation of the Principles within the investment industry.
  • We will work together to enhance our effectiveness in implementing the Principles.
  • We will each report on our activities and progress towards implementing the Principles.

Support for the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations

The Task Force on Climate-related Financial Disclosures (TCFD) was created by the Financial Stability Board for the purpose of reviewing financial institutions’ climate-related information disclosure and response. Climate change should be seen as a significant risk to the global economy and companies, etc. should understand and disclose climate related information under the four pillars Governance, Strategy, Risk Management and Metrics and Targets.

The TCFD Consortium was established as a forum for the companies and financial institutions, who support the TCFD’s recommendations, to jointly promote their efforts and discuss companies’ effective information disclosure and financial institutions’ use of such information for making appropriate investment decisions.
CSAM declared its support for the TCFD recommendations and also participates in the TCFD Consortium, which is an organization made up of companies which support TCFD in Japan.