Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced paper usage by 19% compared to the average monthly usage per person from 2016 to 2018.
• Reduced electricity usage by 17% compared to the average monthly usage from 2016 to 2018.
• Achieved a reuse rate of 72% (reuse rate = number of sales / number of lease/re-lease terminations).

Social Achievements

• Launched a new rental system for the "Nemuri SCAN" medical device for medical and elderly care facilities, in collaboration with Paramount Bed Co., Ltd.
• Increased male employee childcare leave rate significantly.
• Invested in the Tokyo ESG Fund, contributing to social issues such as child support, women's empowerment, single-parent support, and disability employment promotion.

Governance Achievements

• Established a compliance control system with a Compliance Control Office (CCO) to ensure compliance with laws and regulations.
• Implemented a risk management system with a Risk Management Committee to manage financial and operational risks.
• Improved the effectiveness of the Board of Directors through surveys and analysis.

Climate Goals & Targets

Environmental Challenges

• The spread of the novel coronavirus caused concerns about economic recession.
• Low interest rate environment made growth relying solely on traditional finance leasing difficult.
• The need for a more robust organizational structure to handle the expanding business field.

Mitigation Strategies

• Developed alternative sourcing strategies and business models.
• Strengthened corporate governance, improved operational efficiency through IT utilization, and revised personnel and compensation systems.
• Implemented flexible working styles such as staggered commuting, telework, and digitization of internal processes.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services (implied)

Reporting Standards

Frameworks Used: International Integrated Reporting Framework (IIRC)

Certifications: ISO 14001 (7 companies within the group)

Sustainable Products & Innovation

• Renewable energy solutions, energy-efficient products (implied)

Environmental Metrics

ESG Focus Areas

• Contributing to a decarbonized society
• Contributing to a healthy and prosperous lifestyle
• Contributing to the creation of social infrastructure that supports our lifestyle
• Leading toward circular economy
• Creating new value through technology
• Creating a society and workplace where everyone can thrive

Environmental Achievements

• Achieved a 75% reuse rate (FY2020)
• Reduced paper usage by 44% from the target
• Reduced electricity consumption by 18% from the target
• Purchased used equipment worth ¥680 million (79% achieved)

Social Achievements

• Launched Mizuho SDGs Leases, incorporating 0.2% donation to SDG organizations
• Introduced satellite offices and telework system to increase flexibility
• Opened IBUKI farm employing persons with disabilities
• Conducted employee engagement survey

Governance Achievements

• Amended Mission, Vision, and Values
• Separated management supervision and execution
• Brought in outside directors
• Improved transparency and effectiveness of decision-making process

Climate Goals & Targets

Environmental Challenges

• Rapidly changing business environment and increasingly diverse client needs
• COVID-19 pandemic impact on client capital investment
• Uncertainty over future economic conditions
• Credit risks due to economic downturn
• Interest rate fluctuation risks
• Risks of changes to regulatory systems
• Risks of errors in business activities

Mitigation Strategies

• Flexible solutions tailored to diverse client needs
• Collaborations with alliance partners
• Strengthening risk management system
• Hedging using derivative transactions
• ALM techniques to manage interest rate fluctuations
• Internal management structure for flexible response to regulatory changes
• Risk management structure for flexible and group-wide response to errors

Supply Chain Management

Responsible Procurement

• Purchasing used equipment

Climate-Related Risks & Opportunities

Opportunities

• Renewable energy projects

Reporting Standards

Frameworks Used: International Framework (IIRC)

Certifications: ISO 14001

Sustainable Products & Innovation

• Mizuho SDGs Leases

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Circular Economy
• Human Capital Development
• Sustainable Investments

Environmental Achievements

• Achieved Japan's largest virtual PPA for renewable energy procurement.
• Initiatives to reduce energy consumption and shift to renewable energy in major buildings.
• Aiming for carbon neutrality in Scope 1 & 2 emissions by FY2030.

Social Achievements

• Focus on real estate that addresses strong social needs and properties with environmental certification.
• Providing solutions for infrastructure development and widespread mobility adoption.
• Securing and retaining a diverse workforce through mid-career hiring and supporting careers of women.

Governance Achievements

• Enhance governance structure on a consolidated and global basis.
• Enhance risk control and strengthen monitoring in response to increasingly diverse risk categories.
• Target of 15% of management positions filled by women by FY2025.

Climate Goals & Targets

Environmental Challenges

• Domestic market plateauing due to population decline.
• Intensified global competition.
• Concerns about financial problems surfacing.
• Responses to climate change, technological evolution, and social issues.
• Uncertainty in the business environment.

Mitigation Strategies

• Providing solutions that accurately grasp changing client needs.
• Aggressive investment in business and management infrastructure.
• Strengthening business foundations with a medium-to long-term profitability perspective.
• Expanding businesses and accelerating initiatives through alliances.
• Developing new management plans using backcasting.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Collaboration with partners for circular economy platform.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Renewable energy business expansion.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through renewable energy investments, circular economy platform development, and sustainable business practices.

Sustainable Products & Innovation

• Circular economy platform
• Renewable energy solutions
• Robotics as a Service (RaaS)
• Battery as a Service (BaaS)

Awards & Recognition

• Not disclosed