{"id":1613,"date":"2023-10-17T15:03:00","date_gmt":"2023-10-17T06:03:00","guid":{"rendered":"https:\/\/corporateactionjapan.platepre.net\/news\/uncategorized\/director-yokoyama-spoke-at-the-workshop-corporate-engagement-and-shareholder-proposals-to-address-the-climate-crisis-hosted-by-japan-corporate-governance-network\/"},"modified":"2025-02-28T14:41:24","modified_gmt":"2025-02-28T05:41:24","slug":"director-yokoyama-spoke-at-the-workshop-corporate-engagement-and-shareholder-proposals-to-address-the-climate-crisis-hosted-by-japan-corporate-governance-network","status":"publish","type":"news","link":"https:\/\/corporateactionjapan.org\/en\/news\/announcement\/director-yokoyama-spoke-at-the-workshop-corporate-engagement-and-shareholder-proposals-to-address-the-climate-crisis-hosted-by-japan-corporate-governance-network\/","title":{"rendered":"Director Yokoyama spoke at the workshop \u201cCorporate Engagement and Shareholder Proposals to Address the Climate Crisis\u201d, hosted by Japan Corporate Governance Network."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Director Yokoyama spoke about climate change-related shareholder proposals at a workshop organized by a subgroup under the Japan Corporate Governance Network (CG Net).\u00a0 The workshop was attended by about 30 members who serve as external directors of listed companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key messaging<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Challenges facing us today:\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30fbImpacts from the climate crises and global warming are intensifying as the earth system gets closer to reaching an irreversible tipping point.<br>\u30fbStronger contributions from the business community are expected to pursue the 1.5\u00b0C climate goal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Climate change and governance:\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30fbJapan\u2019s Corporate Governance Code and TCFD principles recommend more proactive disclosure of climate risks, along with associated dialogue with shareholders.<br>\u30fbTo achieve net zero by 2050, both the government and private sector must develop detailed and credible short and medium-term climate transition plans to support Japan\u2019s decarbonisation goals. We expect these plans to be strengthened through constructive dialogue with and stewardship from institutional investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Shareholder proposals:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30fbIn 2020 the first climate-related shareholder proposal was filed in Japan (Mizuho Financial Group vs NGOs). Since then, climate-related shareholder proposals have been gaining traction from a diverse group of shareholders targeting various sectors.\u00a0<br>\u30fbKey stakeholders, such as institutional investors and external directors, must develop appropriate levels of understanding of climate change to avoid business risks and seize growth opportunities in corporate strategy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CAJ will continue to engage in climate dialogues with our partners such as CG Net, to accelerate changes within corporates and support the transition to net zero.<\/p>\n","protected":false},"featured_media":1459,"template":"","news_cat":[16],"class_list":["post-1613","news","type-news","status-publish","has-post-thumbnail","hentry","news_cat-announcement"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Director Yokoyama spoke at the workshop \u201cCorporate Engagement and Shareholder Proposals to Address the Climate Crisis\u201d, hosted by Japan Corporate Governance Network. | Corporate Action Japan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/corporateactionjapan.org\/en\/news\/announcement\/director-yokoyama-spoke-at-the-workshop-corporate-engagement-and-shareholder-proposals-to-address-the-climate-crisis-hosted-by-japan-corporate-governance-network\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Director Yokoyama spoke at the workshop \u201cCorporate Engagement and Shareholder Proposals to Address the Climate Crisis\u201d, hosted by Japan Corporate Governance Network. | Corporate Action Japan\" \/>\n<meta property=\"og:description\" content=\"Director Yokoyama spoke about climate change-related shareholder proposals at a workshop organized by a subgroup under the Japan Corporate Governance Network (CG Net).\u00a0 The workshop was attended by about 30 members who serve as external directors of listed companies. 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