Corporate Governance — Inside Practice

Legal ESGJULY 24, 20261 MIN READ

Japan Revises Corporate Governance Code: Sustainability Now a Board Duty

Japan's Financial Services Agency and Tokyo Stock Exchange finalized the 2026 revision of the Corporate Governance Code on July 21, 2026. The revision consolidates previously dispersed sustainability provisions into a new Principle 4-4, explicitly designating sustainability oversight as a board responsibility for improving long-term corporate value. The code also elevates internal diversity from a

Source: ESG Journal Japan: FSA Finalizes 2026 Corporate Governance CodeLegal ESG Corporate Governance governance Legal Operations

Legal ESGJULY 24, 20261 MIN READ

PwC: Boards Should Treat Sustainability as Core Strategic Risk

PwC's July 21, 2026 resource on board oversight of sustainability strategy reframes the ESG governance question: sustainability is not a standalone ESG exercise but a core strategic and long-term value issue. The report recommends that boards identify which sustainability topics are most strategically significant — using lenses including evolving regulatory requirements, physical and geopolitical

Source: Society for Corporate Governance: Effective Board Oversight of Sustainability StrategyLegal ESG Corporate Governance governance Legal Operations