TOKYO -- Japan's financial watchdog will require large companies to report their greenhouse gas emissions and make other climate-related disclosures, Nikkei has learned.
The new initiative from the Financial Services Agency is expected to cover around 4,000 companies, including those listed on the Tokyo Stock Exchange, andwill likely be enforced from April 2022, along with the TSE's plans to divide its stock market into three segments: prime, standard, and growth.