SMBC Group is adopting a pro-active approach to support its customers reduce their environmental impact through green loans and bonds and sustainability linked financing.
The United Nations principles for responsible investment (PRI) have prompted many investors to incorporate environmental, social and governance (ESG) considerations into their decision-making process.
SMBC Group recognises that society is presently facing immense challenges and that urgent and bold actions are required to transition to a sustainable and resilient world. Based on this understanding, SMBC Group aims to realise the goals set forth by the UN for sustainable development and resolving social issues. As a financial institution, we will engage and act together with customers and other stakeholders to contribute to a global transformation into a better society.
The environment is an irreplaceable asset shared between generations and is the foundations of social sustainability. Once damaged, it is difficult to restore, and we recognise that innovation is essential to resolve issues such as climate change. Today’s generation recognises its responsibility to bequeath the environment to future generations. Based on this recognition, SMBC Group supports the spirit of the Paris Agreement and will contribute to resolving environmental issues.
SMBC Group is committed to creating a society in which today’s generation can enjoy economic prosperity and well-being and pass it on to future generations. To deliver on this ambition, SMBC Group has set a target to execute green and sustainable finance equivalent to JPY 50trillion by 2030. |
SMBC Group recognises the need for urgent action to drive the low-carbon transition, and we plan to support this through our own financing activities by achieving net zero in our financed emissions by 2050.
SMBC Group has launched a ten-year plan to promote a sustainable world. The name, GREENxGLOBE 2030, represents the environment and our corporate colours leveraged through our global network.
SMBC Group will contribute to a sustainable society by addressing environmental and social issues