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Biodiversity

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Mizuho's Initiative for Biodiversity

Humans have thrived as a species because of the beneficence of biodiversity, but the scale of our success has placed a heavy burden on the natural world. To continue enjoying the benefits of biodiversity in the future, it will be necessary for each country, municipality, business operator, private organization and citizen, in alliance, to take actions to achieve a "Naturally symbiotic society" in which biodiversity is maintained.

Based on this understanding, Mizuho, as an entity managing one of the roots of economic activity, is working to reduce impacts on, protect, and restore biodiversity. We see this as the social responsibility of a financial institution.

Mizuho's Initiatives

Mizuho is promoting the following initiatives from the viewpoint of the conservation of biodiversity.

Participated as a Promotion Partner of the "Declaration on Biodiversity by Nippon Keidanren"

In March 2009, Nippon Keidanren announced the "Declaration on Biodiversity by Nippon Keidanren," which summarizes a declaration on the conservation of biodiversity and related action guidelines. Agreeing with the declaration, group companies signed on as "Declaration Promotion Partners" in December 2009 and are pursuing initiatives promoting biodiversity in their operations*.

Participated in the Business and Biodiversity Offsets Program (BBOP)

In March 2010, MHBK (former MHCB) joined the Business and Biodiversity Offsets Program (BBOP)–the first among private financial institutions to do so.

The "Biodiversity Offset" refers to offsetting the negative effects that remain after avoiding, reducing and restoring the impacts of development activities on biodiversity by measurable methodologies. The "Offset" refers to conserving an offset site (an alternative habitat) that is different from a development site. Principally, to offset the remaining negative effects of development activities, we must create positive effects that exceed or are at least equal to the negative effects at the offset site. This idea gained popularity in the United States in the 1970s and expanded to the European Union and Oceania. In Europe and United States, legislation is currently being introduced.

In recent years, a common framework worldwide is being promoted for biodiversity offsets, which is led by BBOP.

Delivered a lecture at the Committee on Pollution Control and Preservation of Environment of the Japan Federation of Bar Associations

In July 2012, MHBK delivered a lecture regarding "The Equator Principles and the Business and Biodiversity Offset Program (BBOP)" at the study meeting held by the Nature Conservation Section, Committee on Pollution Control and Preservation of Environment of the Japan Federation of Bar Associations.

Photo

Seminar to Japan Federation of Bar

Participated in the Cross Sector Biodiversity Initiative (CSBI)

In February 2013, MHBK, as a member of the Equator Principles Association (EPA), assisted to establish the Cross Sector Biodiversity Initiative (CSBI), a partnership among EPA, IPIECA, and the International Council on Mining and Metals (ICMM) that considers measures and strategies to reduce the impact of large–scale development projects on biodiversity. Mizuho has joined various meetings for CSBI since.

In countries around the world, the movement over the last several years to develop and strengthen legal systems for the conservation of biodiversity has been steadily gathering momentum, and companies in these countries are also being asked to participate. As an example, the European Commission in December 2011 announced the EU Biodiversity Strategy to 2020, which aims to propose by 2015 an initiative to ensure there is no net loss of ecosystems and their services. In addition, the International Finance Corporation (IFC), a member of the World Bank Group, has issued guidelines entitled "IFC Performance Standards," and these have been adopted by the Equator Principles Association. The biodiversity preservation provisions of these standards were strengthened in January 2012.

In response to these developments, Mizuho continues to invest its efforts to CSBI, to support this initiative that collaborates beyond industrial borders.

Case Studies on Other Measures

Measures taken through Mizuho's core businesses

Harnessing its financial system, Mizuho is promoting the following measures.

Company Initiatives Reference
MHBK Support an interest rate reduction in financing funds for the purchase of energy–saving equipment
Adopted the Equator Principles
Participate in BBOP and CSBI
MHSC Sell clean energy bonds
MHIR Provide government agencies with a wide range of support for environmental and energy policies
DIAM Offer such products as the natural environment protection fund (Oze Kiko)

Measures at the Offices

We are promoting initiatives to achieve a recycling–oriented society. Our efforts include a reduction in the use of paper, one of the resources financial businesses like Mizuho consume the most.

Company Initiatives Reference
The group Promote green purchasing
Promote a paper reduction campaign
Promote paper recycling
MHBK Choose FSC–certified paper for paper bags for customers

Measures Taken for Society

Mizuho is promoting forest volunteer activities and biodiversity–related educational activities.

Company Initiatives Reference
The group Reforest coastal land in the disaster–stricken areas
Donate seedlings (Seedlings are donated to the community according to the number of employees participating in the environmental declaration)
Conduct employee volunteer activities for forest preservation (tree thinning), woodland preservation and tree planting
Sponsor nationwide painting contests for elementary and middle school students with a theme of the environment
MHBK Send flowers to the disaster–stricken areas, and give flower seeds to the customers

Branches (Japan)

Branches (International)

Integrated Report

CSR Management

Fostering Industries with the Aim of Generating Business Opportunities

Corporate Information

Group Companies

Mizuho's Brand Strategy

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