Development Bank of Japan Inc.
Climate Impact & Sustainability Data (2012-04 to 2013-03, 2014-04 to 2015-03, 2017-04 to 2018-03)
Reporting Period: 2012-04 to 2013-03
Environmental Metrics
Total Energy Consumption:4.01 million kWh/year (head office only)
Water Consumption:22,667 m3/year (head office only)
Waste Generated:55,688 kg/year (head office only)
ESG Focus Areas
- Corporate Governance
- Environmental Management
- Social Contribution Activities
- Human Resource Development
Environmental Achievements
- Reduced copy and printing paper usage, waste emissions, and energy consumption (specific figures provided in the report for the head office building only)
- Achieved high scores in DBJ Green Building Certification for several projects (Platinum and Gold certifications mentioned)
- 100% recycling rate of distillation lees at Kirishima Shuzo
Social Achievements
- Contributed ¥1,091,900 to TABLE FOR TWO program, providing 54,595 meals
- Supported community revitalization through various initiatives and financing programs
- Received recognition for child-rearing support from the Tokyo Labour Bureau
- Received ADFIAP Award in the CSR division for Women Entrepreneurs Center initiatives
Governance Achievements
- Implemented a Target Management System to encourage employee autonomy and development
- Established a hotline to deal with sexual and power harassment
- Implemented policies to prevent sexual and power harassment
- Provided regular medical examinations and care options for employees and their families
Climate Goals & Targets
Environmental Challenges
- Economic disparity between major urban areas and regional areas
- Aging of public facilities
- Need for disaster preparedness and business continuity
- Maintaining core competitiveness of Japanese industries
Mitigation Strategies
- Developed various financing programs to support regional development and business revitalization (e.g., Interest Rate Subsidy System for Special Zone for Reconstruction, DBJ Smart Japan Program, Regional Areas Genki Program)
- Formulated a Business Continuity Plan (BCP) to ensure continuity of core operations in emergencies
- Implemented measures to enhance system robustness, communication procedures, and chain of command
- Provided financing for projects that incorporate environmental and disaster preparedness considerations
Supply Chain Management
Responsible Procurement
- Green Purchasing Act compliance
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, Sustainability Reporting Guidelines 2006
Certifications: ISO 14001
Awards & Recognition
- ADFIAP Award
Reporting Period: 2014-04 to 2015-03
Environmental Metrics
Total Energy Consumption:4.02 million kWh/year (head office only)
Water Consumption:9,633 m3/year (head office only)
Waste Generated:33,366 kg/year (head office only)
ESG Focus Areas
- Corporate Governance
- Environmental Management
- Social Contribution
- Regional Revitalization
- Human Resource Development
Environmental Achievements
- Achieved 100% recycling of hard-to-recycle medical waste at Kawakita General Hospital.
- High ranking in DBJ Environmentally Rated Loan Program for Santen Pharmaceutical and Suzuki Motor for their environmental initiatives.
- DBJ Green Building Certification for several properties demonstrating high environmental and social awareness.
Social Achievements
- Launched TABLE FOR TWO program, contributing ¥1,785,240 to provide 89,262 meals.
- Supported employee health management initiatives at Fresta Co., Ltd. and Autobacs Seven Co., Ltd.
- Established Regional Healthcare Fund to invest in medical institutions.
Governance Achievements
- Combined annual report and CSR report under the concept of “disclosure from a CSR perspective.”
- Implemented a Target Management System to encourage employee autonomy and proactive development.
- Established a hotline to deal with sexual and power harassment.
Climate Goals & Targets
Environmental Challenges
- Economic disparity between major urban areas and regional areas in Japan.
- Aging population and dwindling workforce.
- Need to rebuild aging infrastructure and upgrade medical equipment.
- Environmental concerns such as global warming.
Mitigation Strategies
- Leveraging three functions (risk-sharing finance, market-stimulating finance, and knowledge bank) to address growth support, infrastructure & energy, regional revitalization, and strengthening the safety net.
- Providing risk capital and knowledge from a long-term perspective.
- Promoting environmentally considerate investment and financing activities.
- Implementing employee health management programs.
- Supporting business succession in regional areas.
Supply Chain Management
Responsible Procurement
- Green procurement initiatives in line with the Law Concerning the Promotion of Procurement of Eco-Friendly Goods and Services by the State and Other Entities.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001
Awards & Recognition
- ADFIAP Awards 2015 for DBJ Green Bonds
Reporting Period: 2017-04 to 2018-03
Environmental Metrics
ESG Focus Areas
- Infrastructure
- Industry
- Regions
Environmental Achievements
- Issued $1 billion Sustainability Bond (largest ever by a Japanese issuer), allocated towards creating a sustainable society through DBJ Green Building Certification and the Environmentally Rated Loan Program.
- 539 properties recognized with DBJ Green Building Certification as of March 31, 2018.
- Supported financing for domestic solar power generation projects and a joint investment with Tokyo Gas Co., Ltd. in a gas distributor in Indonesia.
- Participated in a natural gas power generation project in Pennsylvania, U.S.A. to gain insight for the domestic market.
Social Achievements
- Launched DBJ Women Entrepreneurs Center (DBJ-WEC) providing comprehensive support to women entrepreneurs.
- Introduced telecommuting to bring more flexibility to working patterns.
- Offered an expanding range of multilevel training programs including courses at universities overseas.
- High ratio (91%) of employees returning to work after taking childcare leave.
Governance Achievements
- Established Operations Audit Committee, Compensation Committee, and Personnel Evaluation Committee as advisory bodies to the Board of Directors.
- Established Special Investment Operations Monitoring Board to deliberate and evaluate projects, ensuring appropriate competitive relations with private financial institutions.
- Formulated the Internal Control System Basic Policy, positioning legal compliance, risk management, and internal audits as important management issues.
- Formulated Policy on Sustainability and Sustainability Committee to review corporate management from the standpoint of sustainability.
Climate Goals & Targets
Long-term Goals:
- Vision 2030: To play a unique role in the economy and society in 2030—leading new business and market creation while responding to crises and other social needs.
Environmental Challenges
- Japan’s declining population and climate/energy issues.
- Intensifying global competition.
- Technological innovations (AI, fintech).
- Government budgets, finances, and regulations.
- Low interest rates depressing lending yields.
- Aging infrastructure requiring upgrades.
- Instability in the real estate finance market.
Mitigation Strategies
- Focus on supplying risk capital and advisory services to facilitate industry restructuring.
- Collaboration with a broad range of financial institutions to meet demand for investments.
- Reinforcing asset management operations to nurture markets able to recycle capital.
- Providing financial solutions tailored to diverse needs.
- Supplying risk capital to Japanese companies for sharpening their international competitiveness.
- Facilitating urban development through the supply of risk capital and support for REITs.
- Engaging in collaborative financing through proper risk-sharing agreements.
- Workstyle reform and business efficiency improvements.
- Employee engagement surveys and action plans.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IIRC International Integrated Reporting Framework
Sustainable Products & Innovation
- DBJ Green Building Certification
- Environmentally Rated Loan Program
- BCM Rated Loan Program
- Employees’ Health Management Rated Loan Program
Awards & Recognition
- Commendation from the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) for Employees’ Health Management Rated Loan Program.