U.S.’s ESG policies are formulated by state and national agencies. For example, the US Securities and Exchange Commission has included ESG as a regulatory priority, and the Federal Reserve has conducted climate scenario testing for large banks.
The U.S.’s ESG asset management scale ranks among the top in the world, focusing on socially responsible investment and ESG integrated investment.
At the beginning of December, the Federal Reserve planned to develop a regulatory framework for the issue of climate risk exposure management of large banks. The proposed framework is applicable to banking