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Participation in Initiatives

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Mizuho, given its global perspective and role as a financial institution, participates in domestic and overseas initiatives to advance CSR activities, and responsible investment and lending, for the formation of a sustainable society.

United Nations Global Compact

The United Nations Global Compact came into existence in July 2000 with the endorsement of Kofi Anan who was then the UN's Secretary–General. Through ten principles addressing matters like human rights, labor, the environment, and anti–corruption, the UN Global Compact encourages companies and other organizations throughout the world to support, and act in ways consistent with, the ten principles. Mizuho signed on as a supporter of the UN Global Compact in 2006. Through activities like participation in the subcommittees of the Global Compact Network Japan, which promotes the embrace of the ten Global Compact principles in Japan, Mizuho is sharing information and views on the advancement and improvement of CSR activities.

Ten Principles of United Nations Global Compact

Human Rights

  1. Principle 1:Businesses should support and respect the protection of internationally proclaimed human rights; and
  2. Principle 2:make sure that they are not complicit in human rights abuses.

Labour

  1. Principle 3:Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. Principle 4:the elimination of all forms of forced and compulsory labour;
  3. Principle 5:the effective abolition of child labour; and
  4. Principle 6:the elimination of discrimination in respect of employment and occupation.

Environment

  1. Principle 7:Businesses should support a precautionary approach to environmental challenges;
  2. Principle 8:undertake initiatives to promote greater environmental responsibility; and
  3. Principle 9:encourage the development and diffusion of environmentally friendly technologies.

Anti–Corruption

  1. Principle 10:Businesses should work against corruption in all its forms, including extortion and bribery.

UNEP Finance Initiative (UNEP FI)

The United Nations Environment Programme Finance Initiative (UNEP FI) is an international partnership of financial institutions that strives to identify, disseminate, and promote the best environmental and sustainable practices in the various operations in which financial institutions are involved. Mizuho became a signatory to the UNEP–FI in 2006 and is pushing forward with initiatives consistent with UNEP–FI objectives.

Initiatives for the Equator Principles

MHBK (former Mizuho Corporate Bank) recognized early on that the Equator Principles would become a new business standard in international financing for environmental and social risk management of large scale projects and therefore became the first Asian bank to adopt Equator Principles in October 2003. The Equator Principles under which one addresses the environmental and social issues, have enabled MHBK to achieve a balanced economic development via financing and environmental preservation, thus fulfilling its social responsibility as a financial institution. Taking advantage of its long experience of implementing Equator Principles in project finance, MHBK now plays a leadership role among Equator Principles Financial Institutions as a member of the Steering Committee, and as the Chair of the Equator Principles Association for the period May 2014 to May 2015.

Participated in the Business and Biodiversity Offsets Programme (BBOP)

Initiatives to create a common global framework for biodiversity offsets are moving ahead. MHBK is the first private–sector financial institution to participate as an Advisory Member in the Business and Biodiversity Offsets Programme (BBOP), which plays a leading role in such initiatives.

Participating in the Cross Sector Biodiversity Initiative (CSBI)

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MHBK, as one of the early members, is actively involved in the Cross Sector Biodiversity Initiative (CSBI), a partnership among the Equator Principles Association, IPEICA, and the International Council on Mining and Metals (ICMM). CSBI considers measures and strategies to reduce the impact of large–scale development projects on biodiversity.

Participation in the UN's "Principles for Responsible Investment" (PRI)

Mizuho participates in international initiatives and initiatives that respect international standards in order to contribute to the realization of a sustainable society by promoting investment activities that take into consideration social and environmental factors as well as economic factors.

Specifically, MHTB has signed on to the UN Principles for Responsible Investment (PRI), which ensure that institutional investors and pension funds, etc., incorporate environmental, social, and corporate governance issues into their decision–making processes. Based on the purpose of PRI, MHTB, and DIAM have incorporated items related to the environment, society, and corporate governance as indicators into some of its funds, and MHTB also takes those indicators into consideration in exercising voting rights.

In 2010, the Expert Committee on Environment and Finance of the General Policy Committee of the MOE Central Environment Council recommended the development of the Japanese Version of Environmental Finance Principal as a framework for expanding environmental finance initiatives.

Efforts to create such a code of conduct got underway with the aim of expanding the scope and improving the quality of environmental finance in Japan.

Discussions in a drafting committee, for which the Ministry of the Environment performed administrative functions, took place in seven meetings beginning in September 2010 and the "Principles for Financial Action towards a Sustainable Society," which address a wide range of issues including environmental problems were set forth in October 2011.

As a member of the drafting committee and working group, Mizuho actively participated in discussions for the formulation of the principles and sector guidelines, and became an official signatory in November 2011.

Exercising the unique qualities of its members, Mizuho is committed to advancing initiatives in accordance with these principles.

Climate Change Program Participation

CDP is an international not–for–profit organization (NPO) that provides companies and investors with a global system to measure, disclose, manage, and share vital environmental information. In 2005, Mizuho joined a project run by the CDP and institutional investors, which calls for companies to disclose both their strategies for addressing climate change and their greenhouse gas emissions. Mizuho has also been participating in a project that calls for water–related disclosures since fiscal 2010.

Mizuho joined the CDP in 2005 and has been participating in a newly launched water project since fiscal 2010.

Signatory to the Montreal Carbon Pledge

The Montreal Carbon Pledge is a new initiative for reducing greenhouse gases established at the PRI in Person global annual conference held in Montreal, Canada in September 2014. Institutional investors that are signatories to the pledge measure and disclose the greenhouse gas emissions of an equities portfolio, or portion thereof, that they manage.

DIAM Asset Management signed the Montreal Carbon Pledge on October 2, 2015. It makes calculations and disclosures based on the holdings of its ESG fund of Japanese equities.

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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