Bloomberg Awarded by the Japanese Ministry of Environment for ESG Contributions to Finance
TOKYO, March 12, 2021 /3BL Media/ - Bloomberg today announced it has won a Gold Award in Financial Services at the Japanese Ministry of Environment’s ESG Finance Awards Japan. These awards recognize investors and financial institutions that have made significant contributions on advancing environmental issues, by helping Japanese businesses create corporate value through business strategies that incorporate environmental considerations. The award noted Bloomberg’s contribution to solving challenges in ESG investing – one of which is the lack of standardized data available to investors – and improving market transparency.
A longtime advocate for improving the quality and usefulness of corporate sustainability disclosures, Bloomberg is a trusted and reliable source for environmental, social & governance (ESG) data. Bloomberg offers ESG data with 10+ years of history for more than 11,700 companies in 102 countries, in addition to its proprietary Gender Equality Index (GEI) and its quant-driven ESG scores launched in 2020. Moreover, Michael R. Bloomberg is the Chair of the Task Force on Climate-related Financial Disclosures (TCFD) and the Climate Finance Leadership Initiative (CFLI).
Additionally, Bloomberg recently announced its own business commitment to achieving net zero carbon emissions by 2025 on February 3, 2021, underscoring its long-standing commitment to sustainability and climate action.
“We are delighted to receive the coveted Gold Award having just received the Bronze Award in this category last year,” said Norman Tweeboom, Head of Japan at Bloomberg. “It speaks to our recent efforts to accelerate the development of our ESG solutions to help investors create alpha with impact. ESG is a particularly important focus for the investment community in forward-looking Japan, the country with the highest number of TCFD-supporting companies in the world. Bloomberg will continue to support global efforts that encourage greater ESG disclosure and create positive long-term financial impact.”