As one project in the “Global Financial City: Tokyo” Vision 2.0, the Tokyo Metropolitan Government (TMG) has been recognizing financial institutions which develop and provide innovative products and services to meet the needs and challenges of Tokyo citizens and business people, as well as those that work to promote ESG investments*1. *1 ESG (“Environmental, Social, Governance”) investment refers to investment decisions based on an institution’s proactive efforts such as combating global warming, empowering women, selecting outside directors, etc.
TMG has accepted applications for the “Financial Innovation Category”, one of the categories that make up the award, from financial companies that offer proposals which answer financial service needs and issues from May 31st. TMG has accepted applications from 108 companies, from Japan and 25 other countries and regions. TMG is proud to announce that they have selected 15 domestic and foreign companies which have passed the first round of screening and are eligible to enter the support program.
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