Message from the CSuO

 

Yasuhiko Ushikubo Senior Executive Officer Group CSuORealizing a sustainable society and economy presents a range of challenges, including responses to climate change, conservation of natural capital, development of a circular economy, and respect for human rights. Mizuho has steadily built up its initiatives in these regards, aiming to contribute to sustainable growth worldwide.

Among the most important challenges we are addressing are responses to climate change. Aiming to contribute to achieving net zero by 2050, we have established a Net Zero Transition Plan and are taking an integrated approach to facilitating transition in the real economy, capturing business opportunities, and managing risk. To achieve net zero greenhouse gas (GHG) emissions through financing and investment, we increased the sectors for which we set medium-term GHG emissions reduction targets and we are engaging with clients on these targets. At the same time, we are bolstering our risk management framework to enable us to gain an accurate understanding of client progress on transition risk responses and assist them as required.

The transition to a decarbonized society is also an opportunity to enhance the competitiveness of Japan's industry by supporting our clients' structural transformation and practical application of next-generation technologies. Having set a sustainable finance target of JPY 100 trillion to provide funding needed for transition, we are providing risk capital for groundbreaking business sectors.

Our implementation of these initiatives is underpinned by collaboration with a wide range of stakeholders and each employee's high level of knowledge and awareness regarding our course of action. We are focusing on capability building by engaging in dialogue with employees in branches, offices, and other workplaces.
We will proactively innovate together with our clients and stakeholders for a prosperous and sustainable future, as stated in our Purpose.

 

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