2020 Volume 11 Issue 11 Pages 32-41
Human society has caused the paradigm shift by employing SDGs & Paris Agreements in 2015. In that background, there are so many phenomenon such as poverty & inequality, resources depletion, climate crisis and so on. Namely, human activities have transcended the planetary boundaries. Financial institutions have been moving as the driving forces for progressing the paradigm shift. ESG investment, ESG loans and ESC insurance are those. Many initiatives such as UNPRI, TCFD & PRB have been established. For the success of the paradigm shift, the innovations are needed. And for the innovations, it is needed to establish the mid-long term visions of corporations & local governments. And also, the cooperation and partnership by all sectors are very important.