The Norinchukin Bank Sustainable Finance Goals
As a member of cooperative organizations supporting the industries, The Norinchukin Bank understands that our businesses are part of the life and natural environment sustained through these industries. We pursue sustainability management, including support for the SDGs, to solve environmental and social issues, pursuing sustainability in society (including the AFF industries) and our business activities.
Our main contribution to this goal is through finance. We approach sustainable finance through the dual aspects of securing business opportunities and engaging in risk management.
In addition to credit decisions based on traditional finance risk, the Norinchukin Bank has adopted the ESG Integration framework. We use this framework not only for internal controls but also as a tool to engage in dialogue with our business partners.
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Secure Business Opportunities
Sustainable Finance
We conduct investment and financing activities to generate profit and to contribute to the development of a sustainable environment and society and to the growth of the AFF industries.
FY2021 new financeApproximately ¥1.5 trillion
2030 medium/long-term goalNew finance ¥10 trillionOur sustainable finance refers to the following:
■ Investment and finance
- sustainability linked loans, green loans, social loans, sustainability loans, transition loans
- Investment and lending to companies with ESG-related certification, and authorized investment and lending
- Other investment and lending for the resolution of environmental and social issues
■ Funding
- Sustainability-related funding
Breakdown
■ Investments and finance
Approximately ¥1.4 trillion
Market investment assets Approximately ¥0.9 trillion
Project finance Approximately ¥0.4 trillion
ESG loans Approximately ¥0.1 trillion■ Funding
Approximately
¥0.1 trillion
ESG Integration
We are striving to build a decision-making process for investment and finance decisions that integrates a recognition of environmental and social risk into credit decisions based on the traditional financial risk evaluation process.
This framework is a tool not only for internal controls but also for engaging in dialogue with customers based on non-financial information.
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Risk Management
Environmental and Social Risk Management (ESRM)
We have built an ESRM framework to assess and manage environmental risks and social risks prior to making investment and financing decisions for individual customers and projects.
■ The ESRM Framework
ESG Integration
We are striving to build a decision-making process for investment and finance decisions that integrates a recognition of environmental and social risk into credit decisions based on the traditional financial risk evaluation process.
This framework is a tool not only for internal controls but also for engaging in dialogue with customers based on non-financial information.
- Sustainability
- Sustainability Management at The Norinchukin Bank
- Message from the CEO
- Sustainability Advisory Board
- Sustainability Issues Surrounding the AFF Industries
- Formulation of Purpose of the Bank and the Medium/Long-Term Goals
- Our Purpose, Vision and Mission
- Milestones of Sustainability Management
- Philosophies and Policies Supporting Sustainability Management
- Identifying Sustainability Issues
- Sustainability Promotion Structure
- Participation in Initiatives
- Initiatives Against COVID-19
- Initiatives for Medium/Long-Term Goals FY2030
- Progress of Initiatives Toward the Medium/Long-Term Goals FY2030
- Reducing GHG Emissions at investees and Borrowers
- Restoring a Healthy Circulation of Forest and Forest Industry Providing Full Support for Wood Utilization Initiative
- Solving Environmental and Social Issues Through Sustainable Finance
- Initiatives to Turn Solutions for Environmental and Social Issues Into Business Opportunities
- Initiatives to Manage Environmental and Social Risks
- Initiatives to Increase the Income of Farmers, Fishermen and Foresters
- Initiatives to Promote Diversity & Inclusion
- Examples of Major Initiatives
- Sustainability Disclosure