Initiatives to Prevent Global Warming

Over 90% of the CO2 emissions related to Mizuho's business activities arise from electricity consumption.

In fiscal 2007, Mizuho pledged to cut greenhouse gas emissions at its nine key business facilities 20% relative to the fiscal 2002 figure by fiscal 2012. Vigorous efforts to achieve that goal succeeded in meeting it in fiscal 2009, so we set a new objective in fiscal 2010. Now we are working to cut our greenhouse gas emissions at 13 business facilities to achieve a goal based on a new standard year. In the years to come, we will continue to aggressively pursue initiatives centered around energy efficiency measures that will cut our electricity consumption.

Mizuho is making painstaking efforts to achieve its CO2 emissions reduction target by adopting energy efficiency measures and appropriate management practices mainly at the largest business facilities of group members. We are upgrading business facilities with energy–efficient air–conditioning equipment, LED lighting, and motion sensors, and installing high–efficiency window insulation film and inverter–based cooling equipment. At the same time, we are taking management steps like adjusting thermostats to use less cooling and heating, turning off some elevators, and using less lighting.

Following the Great East Japan Earthquake, we redoubled our energy saving efforts by using even less cooling and heating and turning some air–conditioning and heating units off altogether, using even less lighting in corridors and elevator halls, limiting elevator usage, limiting the use of some types of office equipment, and closing training, and health and welfare facilities on weekdays.

To make its branches more environmentally friendly, Mizuho Bank, established its "Mizuho Environmental Standards" in fiscal 2010 and it is now introducing "Eco Branches" that make use of energy–saving technologies like solar power systems and LED lighting.

What is more, its existing branches, by newly installing or upgrading to energy–saving equipment and devices to comply with the "Mizuho Environmental Standards," are realizing equivalent CO2 emissions reductions of 10%–15% (reductions of 8%–11% in equivalent energy volume (GJ)) compared to the previous year.

MHBK is also disclosing CO2 emissions data for all of its branches on an internal website in an effort to enhance visibility on this issue.

MHCB is working to save energy and reduce CO2 emissions by replacing business trips with telephone and video conferences whenever possible.

Looking ahead, we will continue our efforts to pursue proper management and other energy efficiency measures and increase environmental awareness among our employees in an effort to reduce CO2 emissions at each of our group business facilities.

• Tokaichiba Eco Branch

Mizuho is moving ahead with the adoption of low–emissions vehicles. As of March 2011, 846 vehicles, which are 88.9% of all vehicles used by MHBK, MHSC, MHTB, and MHIS, are Low Emissions Vehicles quantified by the Tokyo Metropolitan Government and are classified as "Ultra–low" "Excellent–low," and "Good–low" emissions level vehicles.. In fiscal 2010, the vehicles used by these companies in Tokyo emitted 116.1 kilograms of NOx (nitrogen oxides).

MHBK and other group members also began taking a closer look at their infrequently used vehicles in January 2009 and are now gradually eliminating all motorbikes and reducing the number of automobiles they use in Japan, and introducing hybrid and other low–emissions vehicles and electrically assisted bicycles.

Looking ahead, we will continue our efforts to introduce low emissions vehicles, make distribution efficient, and reduce the number of automobiles. In addition, we will take initiatives to reduce CO2 emissions by encouraging drivers to drive environmentally, for example, by not letting the engine idle.

The Tokyo Metropolitan Government introduced "the Tokyo Cap–and–Trade Program" (for large facilities) and "the Tokyo CO2 Emissions Reporting Program" (for small and medium scale facilities) with the revision of "Tokyo Metropolitan Basic Environment Ordinance" in July 2008. Under these Programs, Mizuho submitted plans and reports on five facilities in November 2010 as follows;

Tokyo Metropolitan Government, "The Tokyo Cap–and–Trade Program"

Required Facilities		Tokyo CO2 Emission Reduction Plan (Japanese Text Only)
		FY2010	FY2011
Mizuho Bank	Administration Center 1	(PDF/37KB)	(PDF/36KB)
	Administration Center 2	(PDF/35KB)	(PDF/36KB)
	Information Center	(PDF/36KB)	(PDF/37KB)
	Haramachi Building	(PDF/35KB)	(PDF/36KB)
Mizuho Information & Research Institute	Information Center	(PDF/36KB)	(PDF/37KB)

Tokyo Metropolitan Government: "The CO2 Emission Reporting Program"

Required Entities	Tokyo CO2 Emission Reporting Plan (Japanese Text Only)
	FY2010	FY2011
Mizuho Corporate Bank	(PDF/16KB)	(PDF/19KB)
Mizuho Bank	(PDF/29KB)	(PDF/83KB)
Mizuho Trust&Banking	(PDF/146KB)	(PDF/108KB)

Under "the Saitama Global warming strategy evaluation method form" in accordance with "the Saitama Prefecture Global Warming Strategy Promotion Ordinance", Mizuho submitted the evaluation method form on required facilities, including manned branches and some un–manned branches with only ATMs, in Saitama prefecture as follows;

• Mizuho Bank, Saitama Global Warming Strategy evaluation form (Japanese Text Only) (PDF/37KB)

Based on the "CO2 Emissions Reduction Program" specified in the "Ordinance to Preserve the Living Environment", business facilities emitting more than a certain level of greenhouse gases are required to submit and disclose plans for preventing global warming.

Mizuho submitted the CO2 Emissions Reduction Plan and Report on required facilities in the city of Yokohama as follows;

Required Facility	CO2 Emissions Reduction Plan(Japanese Text Only)	CO2 Emissions Reduction Report(Japanese Text Only)
		FY2011
Mizuho Bank	(PDF/65KB)	(PDF/52KB)

The GHG Protocol, announced by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), is a set of international standards for calculating and reporting business greenhouse gas emissions.