Nippon Life: Managing risk not enough to fulfil ESG responsibility

Nippon Life Insurance is urging its asset owner peers and the investment industry to reconsider the meaning of "responsibility" for responsible investors. Takeshi Kimura, Nippon Life “Managing ESG risks alone is no longer sufficient to fulfil our responsibility to beneficiaries and clients. We need to change the norm of finance and evolve the way capital markets operate,” Takeshi Kimura, special advisor to the board at Nippon Life Insurance, told AsianInvestor. Kimur…