Nuveen wins Tokyo Financial Award 2020
Nuveen wins “Tokyo Financial Award 2020” for commitment to ESG and impact investing
Nuveen, a leading global investment manager with over $1 trillion of assets under management, has been awarded a “Tokyo Financial Award 2020” in the ESG investment category by the Tokyo Metropolitan Government (TMG) in Japan.
Since 2018, the TMG has been granting awards to financial companies that develop innovative products and services that meet Tokyo citizens’ needs and promote ESG investments with a vision to develop Tokyo as a global financial capital.
Sixty-six companies from 14 countries applied for the award in the ESG investment category. Four companies including Nuveen were selected.
Nuveen improved the natural environment, contributed to the local community and tackled climate change through investment activities via Westchester, an affiliate of Nuveen and the largest manager of farmland assets with an AUM of c.$7.6 billion. Nuveen has also contributed to reducing water pollution and improving biodiversity by focusing on the ESG and responsible investment aspects of agritech and working on the efficient procurement and use of water and electricity. Moreover, in Japan, Nuveen has used events, working groups, and the media to promote alternative investments and highlight the need for ESG and impact investing by Japanese institutional investors.
TIAA and Nuveen are pioneers in responsible investing, initiating ESG-related initiatives globally as leaders in the industry.
“We continue to promote ESG investments globally, including in Japan,” said Michinobu Suzuki, Head of Nuveen Japan. “We are committed to creating a sustainable society through investing and it is an honor to be recognized by the TMG for our work.”