Market: Japan

バックグラウンドブリーフィング: GX-ETS カーボンコストに関する投資家の認識

Report | Asia Investor Group on Climate Change | 2026年1⽉

日本のグリーントランスフォーメーション（GX）排出量取引制度（ETS）、いわゆる GX-ETS は 2026 年に運用開始が予定されている。本制度は、企業の気候リスクおよび機会に対し、炭素排出量に基づいて金銭的価値を付与するものである。その結果、カーボンプライシングは機関投資家にとって重要な情報となることが見込まれる。

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JapanJapan Working GroupPolicy & Advocacy

Background Briefing: GX-ETS Investors’ Perception of Carbon Cost

Report | Asia Investor Group on Climate Change | January 2026

Japan’s Green Transformation (GX) Emissions Trading Scheme (ETS), known as the GX-ETS, is scheduled to commence operations in 2026. The scheme assigns monetary value to corporate climate risks and opportunities based on carbon emissions. As a result, we expect carbon pricing to become critical information for institutional investors. This report focuses on analysing the impact of the GX-ETS and carbon pricing mechanisms on Japan’s investment landscape.

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JapanJapan Working GroupPolicy & Advocacy

Climate Action 100+ Japan Engagement Update Meeting [For CA100+ signatories only]

Working Group Meeting | 29 January 2026 @ 8:00 am - 9:30 am
Timezone: Asia/Hong Kong
[For CA100+ signatories only] Climate Action 100+ Japan Engagement Update Meeting (Daikin, ENEOS, MHI, Nippon Steel, Toray)
Climate Action 100+Decarbonising the EconomyJapanStewardship & Corporate Engagement

Climate Action 100+ Japan Engagement Update Meeting [For CA100+ signatories only]

Working Group Meeting | 30 January 2026 @ 8:00 am - 9:30 am
Timezone: Asia/Hong Kong
[For CA100+ signatories only] Climate Action 100+ Japan Engagement Update Meeting (Hitachi, Panasonic, Honda, Nissan, Suzuki, Toyota)
Climate Action 100+Decarbonising the EconomyJapanStewardship & Corporate Engagement

AIGCC Newsletter on Steel (December 2025)

Newsletter | Asia Investor Group on Climate Change | December 2025

This edition examines the latest market drivers shaping low-carbon transformation in China, South Korea, Japan and Malaysia. Examples of MOUs demonstrating activities in the emerging green iron hubs of Australia and the Middle East are available.

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ChinaClimate Action 100+Decarbonising the EconomyIndiaJapanMalaysiaSouth KoreaStewardship & Corporate Engagement

Asia’s Powerhouses at Risk: Physical Climate Risk Exposure and Resilience Readiness across Asia’s Electric Utilities

Report | Asia Investor Group on Climate Change | 25 November 2025

Asia’s Powerhouses at Risk: Physical Climate Risk Exposure and Resilience Readiness across Asia’s Electric Utilities, new research jointly published by the Asia Investor Group on Climate Change (AIGCC) and MSCI Institute, assesses physical climate risk exposure and resilience readiness across 11 major Asian electric utilities. It combines asset-level analysis of 2,422 power generation sites with a review of corporate adaptation plans, highlighting rising financial impacts from climate hazards and outlining actions for utilities, policymakers, and investors to strengthen systemic resilience.

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Asia Utilities Engagement ProgramClimate Action 100+Decarbonising the EconomyEnergyHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanMalaysiaPhysical Risk & Resilience Working GroupPhysical Risk & ResiliencePolicy & AdvocacySouth KoreaStewardship & Corporate Engagement

Climate Adaptation Crucial to Reduce Electricity Companies’ $6.3b Annual Costs from Climate Hazards

25 November 2025

New research jointly published by AIGCC and MSCI Institute, assesses physical climate risk exposure and resilience readiness across 11 major Asian electric utilities. It combines asset-level analysis of 2,422 power generation sites with a review of corporate adaptation plans, highlighting rising financial impacts from climate hazards and outlining actions for utilities, policymakers, and investors to strengthen systemic resilience.
Asia Utilities Engagement ProgramClimate Action 100+Decarbonising the EconomyEnergyHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanMalaysiaPhysical Risk & Resilience Working GroupPhysical Risk & ResiliencePolicy & AdvocacySouth KoreaStewardship & Corporate Engagement

Climate Action 100+ Net Zero Company Benchmark 2025 – full dataset

Guides | Climate Action 100+ | 22 October 2025

This year, the Benchmark evaluated the performance of 164 Climate Action 100+ focus companies in line with the initiative’s three high-level goals: emissions reduction, climate governance, and climate-related disclosure.

Download full dataset (Excel)

Asia Investor Group on Climate ChangeChinaClimate Action 100+Climate Solutions & TechDecarbonising the EconomyGovernance & DisclosureHong KongIndiaIndonesiaJapanJust TransitionSouth KoreaStewardship & Corporate EngagementTaiwan

Climate Action 100+ Net Zero Company Benchmark 2025 – a summary of results

Report | Climate Action 100+ | 22 October 2025

This year, the Benchmark evaluated the performance of 164 Climate Action 100+ focus companies in line with the initiative’s three high-level goals: emissions reduction, climate governance, and climate-related disclosure.

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Asia Investor Group on Climate ChangeChinaClimate Action 100+Climate Solutions & TechDecarbonising the EconomyGovernance & DisclosureHong KongIndiaIndonesiaJapanJust TransitionSouth KoreaStewardship & Corporate EngagementTaiwan