Japan’s Government Pension Investment Fund (GPIF) is seeking applications for domestic and international equity environmental, social and governance indexes and funds to support its sustainability investment policy launched in March.
The policy outlines a strategic approach aimed at enhancing the pension giant’s long-term investment portfolio, focusing on reducing sustainability-related risks and achieving market average returns.
Eligible ESG indexes and funds must demonstrate positive sustainability effects such as risk reduction related to sustainability, key performance indicators associated with ESG factors, and stable market returns, according to GPIF’s request for proposal published on July 16.
Index applications must be submitted via the pension fund’s index posting system, and fund submissions must be made through its manager registration system. The deadline is July 31.
GPIF, the world’s largest pension fund, had 258.69 trillion yen (US$1.73 trillion) of assets under management as of end-2024.
