Major Japan life insurers shun investing in nuclear weapons-linked firms
14 Dec 20, Four major Japanese life insurers do not invest in or extend loans to producers of nuclear weapons or companies related to them, Kyodo News learned Saturday, as part of their efforts toward socially responsible investing.The revelation comes as various lenders in Japan, Europe and the United States have refrained from investing in companies involved in the nuclear weapons industry.It also precedes the entry into force in January of a United Nations treaty that will ban such weapons.
The four life insurers which managed a combined ¥151 trillion in assets in fiscal 2019 Nippon Life Insurance Co., Dai-ichi Life Insurance Co., Meiji Yasuda Life Insurance Co. and Fukoku Mutual Life Insurance Co. did not disclose lists of targeted companies.
Japan share market finished session higher on Monday, 14 December 2020, as investors were relieved by the better-than-expected Tankan results for the second straight quarter and an improving forecast. However, market gains capped as market players refrained from chasing the upside further, amid lingering concerns about the scale of resurging COVID-19 cases and as how widely the vaccine will be available remained uncertain.
At closing bell, the 225-issue Nikkei Stock Average added 79.92 points, or 0.3%, to 26,732.44. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 8.51 points, or 0.48%, to 1,790.52.
Tokyo market commenced trading with a firm note, as the Bank of Japan s December Tankan survey showed business sentiment among major Japanese manufacturers improved for the second straight quarter with further recovery expected in the next three months. The key index for major manufacturers stood at minus 10 in December, up from minus 27 in Septembe
Roundup: Tokyo stocks close higher as BOJ survey shows business sentiment improving - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
Major Japan life insurers shun investing in nuke weapon-linked firms
Four major Japanese life insurers do not invest in or extend loans to producers of nuclear weapons or companies related to them, Kyodo News learned Saturday, as part of their efforts toward socially responsible investing.
The revelation comes as various lenders in Japan, Europe and the United States have refrained from investing in companies involved in the nuclear weapons industry.
It also precedes the entry into force in January of a U.N. treaty that will ban such weapons.
A U.S. forces B-2 stealth bomber is being refueled in July 2006. (UPI/Kyodo)
Major Japan life insurers shun investing in nuclear weapons-linked firms japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.