ESG Data：Sustainability：The Norinchukin Bank

Environment

Policy and Approach

Environmental Policy	Environmental Policy（PDF：170KB）PDF
Transition Plan Toward Net Zero by 2050	Transition Plan Toward Net Zero by 2050
Policy on Environmental and Social Considerations in Financing and Investment Activities	Policy on Environmental and Social Considerations in Financing and Investment Activities（PDF：119KB）PDF

GHG Emissions

		Unit	FY2021	FY2022	FY2023
Scope1 (Direct emissions from owned or controlled sources)	The Bank’s business sites	t-CO₂	★1,259	★1,295	1,402
	Group companies	t-CO₂	★24	★25	7
	Total	t-CO₂	★1,283	★1,320	1,409
Scope2 (Indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed by the reporting company)^*1	The Bank’s business sites	t-CO₂	★18,590	★15,061	13,141
	Group companies	t-CO₂	★614	★672	525
	Total	t-CO₂	★19,204	★15,732	13,666
Total of Scope 1–2	The Bank’s business sites	t-CO₂	★19,849	★16,356	14,544
	Group companies	t-CO₂	★638	★696	532
	Total	t-CO₂	★20,487	★17,052	15,075
Scope3 Category1 Purchased goods and services^*2	The Bank’s business sites	t-CO₂	-	265	264
	Group companies	t-CO₂	-	46	45
	Total	t-CO₂	-	311	309
Scope3 Category3 Fuel- and energyrelated activities	The Bank’s business sites	t-CO₂	744	708	720
	Group companies	t-CO₂	20	21	19
	Total	t-CO₂	1,460	729	739
Scope3 Category5 Waste generated in operations	The Bank’s business sites	t-CO₂	-	7	8
	Group companies	t-CO₂	-	9	4
	Total	t-CO₂	-	16	12
Scope3 Category6 Business travel	The Bank’s business sites	t-CO₂	450	437	431
	Group companies	t-CO₂	246	253	275
	Total	t-CO₂	697	690	706
Scope3 Category7 Employee commuting	The Bank’s business sites	t-CO₂	-	815	803
	Group companies	t-CO₂	-	471	513
	Total	t-CO₂	-	1,287	1,316
Scope3 Category15 Investments	Please refer here
GHG emissions (total of Scope 1–3)	The Bank’s business sites	t-CO₂	20,588	18,589	16,769
	Group companies	t-CO₂	909	1,496	1,388
	Total	t-CO₂	21,497	20,085	18,157

Energy Consumption

		Unit	FY2021	FY2022	FY2023
Electric power consumption	The Bank’s business sites	kWh	★39,990,982	★37,204,341	36,228,410
	Group companies	kWh	★1,500,164	★1,559,170	1,694,703
	Total	kWh	★41,491,145	★38,763,511	37,923,113
	Of which renewable energy consumption^*3	kWh	★321,036	★4,973,854	6,218,686
Steam consumption	The Bank’s business sites	MJ	★8,912,274	★1,890,405	2,001,632
	Group companies	MJ	★0	★0	0
	Total	MJ	★8,912,274	★1,890,405	2,001,632
Cold water consumption	The Bank’s business sites	MJ	★897,725	★5,421,202	5,512,049
	Group companies	MJ	★46,342	★48,926	49,774
	Total	MJ	★944,066	★5,470,128	5,561,823
Hot water consumption	The Bank’s business sites	MJ	★1,500,055	★2,556,137	1,889,086
	Group companies	MJ	★359	★5,790	6,851
	Total	MJ	★1,500,414	★2,561,927	1,895,937
Kerosene consumption	The Bank’s business sites	kl	★84	★82	82
	Group companies	kl	★0	★0	0
	Total	kl	★84	★82	82
Heavy oil consumption	The Bank’s business sites	kl	★22	★10	40
	Group companies	kl	★0	★0	0
	Total	kl	★22	★10	40
LP gas consumption	The Bank’s business sites	Thousand m³	★17	★18	17
	Group companies	Thousand m³	★0	★0	0
	Total	Thousand m³	★17	★18	17
City gas consumption	The Bank’s business sites	Thousand m³	★433	★486	477
	Group companies	Thousand m³	★11	★11	3
	Total	Thousand m³	★444	★498	480
Gasoline consumption	The Bank’s business sites	kl	320	305	310
	Group companies	kl	7	9	8
	Total	kl	327	314	318

Use and Discard of Resources

	Unit	FY2021	FY2022	FY2023
Water usage^*4	m³	63,614	49,629	50,817
Paper quantity consumed^*5	t	169	170	169
Waste generated^*6	t	163	115	85
Recycled volume^*6	t	41	30	28

★Items subject to third-party verification by the Japan Quality Assurance Organization

Greenhouse Gas Emissions Verification Report

FY2022:（PDF：143KB）PDF

FY2021:（PDF：750KB）PDF

・Report Scope:: The Bank’s business sites: The Bank’s domestic and overseas business sites
Group companies: The Bank’s consolidated subsidiaries
・Method of measuring GHG emissions:: Used the coefficients according to the “Greenhouse Gas (GHG) Emissions Measurement and Reporting Manual” prepared by the Ministry of the Environment and the Ministry of Economy, Trade and Industry, Government of Japan. For measurement at overseas business sites, the coefficients stipulated by the respective countries were used, in principle.
For Scope 3, used the coefficients according to the “Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain” prepared by the Ministry of the Environment and the Ministry of Economy, Trade and Industry, Government of Japan.

*1 Non-fossil certificates from renewable energy sources at the Bank's head office building（Otemachi One Tower） and the use of renewable energy at other facilities are calculated as zero emissions.
*2 Non-fossil certificates from renewable energy sources at the Bank's head office building（Otemachi One Tower） and the use of renewable energy at other facilities are calculated as zero emissions.
*3 Includes purchases of non-fossil certificates derived from renewable energy sources at theBank's headquarters building（Otemachi One Tower）.
*4 Amount of water consumption at the Bank’s head office building (Otemachi One Tower) and Akishima Center, as well as its Group companies and overseas business sites
*5 Amount of copy paper delivered to the Bank’s domestic business sites, Group companies and overseas business sites
*6 The amount of waste generated from the Bank’s head office building (Otemachi One Tower), Group companies and overseas business sites.

Society

Policy and Approach to Human Resources

Basic Policy on Human Resources Management	Human Resources Strategy
Diversity & Inclusion	Diversity & Inclusion
Anti-Harassment Measures Occupational Health and Safety Labor Relations	Human Rights Policy（PDF：169KB）PDF Human Resources Strategy

Basic Human Resources Data

		Unit	FY2021	FY2022	FY2023
No. of employees^*1		No.	3,536	3,439	3,381
	Men	No.	2,303	2,233	2,171
	Men	%	65.1	64.9	64.2
	Women	No.	1,233	1,206	1,210
	Women	%	34.9	35.1	35.8
No. of non-core employees		No.	545	584	572
	Men	No.	444	465	456
	Women	No.	101	119	116
No. of dispatched employees		No.	67	93	111
	Men	No.	1	0	0
	Women	No.	66	93	111
No. of seconded employees		No.	477	504	487
No. of overseas local hires		No.	169	171	185
Age structure	20s and below	No.	826	754	726
	20s and below	％	23	22	21
	30s	No.	1,126	1,154	1,145
	30s	％	32	34	34
	40s	No.	832	811	826
	40s	％	24	24	24
	50s	No.	748	716	680
	50s	％	21	21	20
	60s or higher	No.	4	4	4
	60s or higher	％	0	0	0
Average age		Age	39	39	39
	Men	Age	40	40	40
	Women	Age	39	38	38
Average length of service		Years	13.7	14.1	14.1
	Men	Years	13.2	13.6	13.7
	Women	Years	14.7	14.9	14.7
No. of new graduate hires		No.	92	116	125
	Men	No.	54	54	61
	Women	No.	38	62	64
No. of mid-career hires		No.	33	26	28
		%	26	33	18
	Men	No.	26	20	22
	Men	%	33	27	27
	Women	No.	7	6	6
	Women	%	16	9	9
Share of employees retained for 10 consecutive years of service^*2		%	72.3	74.8	75.9
	Men	%	78.7	78.7	79.1
	Women	%	63.9	69.2	70.8
Turnover		%	1	2	2
	Men	%	1	2	2
	Women	%	1	3	3
Average monthly salary^*3		Thousand yen	538	541	552
No. of persons with disabilities hired		No.	130	136	139
Share of persons with disabilities hired^*4		％	2.52	2.60	2.66
No. of post-retirement age employees^*5		No.	299	329	329

*1 Including those who are retiring at the end of the current fiscal year
*2 Percentage of employees hired nine to 11 fiscal years ago who continue to work as of this report
*3 “Equal treatment for equal duty“ policy is applied, with no gender discrimination or regional gaps within the country
*4 Aggregate hiring ratio from the Bank, Group subsidiaries and special subsidiaries
*5 Employment using the senior staff and the meister systems

Human Resource Development Data

	Unit	FY2021	FY2022	FY2023
Training investment^*	million yen	-	839.9	843.9
Number of persons educated abroad (MBA/LLM)	No.	124	125	121
Number of certified DX translators	No.	-	73	58
Number of sustainability e-learning course participants	No.	3,300	3,175	3,085

* Expenses for various training programs, external training programs, overseas study programs, personal development support (subsidies for language and qualification acquisition, etc.), etc.

Results of Promotion of Active Participation of Women

		Unit	FY2021	FY2022	FY2023
Ratio of women hired	Career track	%	26	43	40
	Branch career-track	%	-	-	56
	Business Experts	%	-	-	100
Share of women managers		%	6.6	7.6	9.1

Wage gap between men and women

		Unit	FY2021	FY2022	FY2023
All workers		%	-	54.3	53.5
Full-time workers		%	-	53.2	52.5
	Career track	%	-	58.0	55.7
	Branch careertrack	%	-	80.8	79.0
	Business Experts	%	-	83.0	89.4
Part- time workers		%	-	54.2	48.0

Period covered:
Fiscal 2022 (April 2022 to March 2023)
Fiscal 2023 (April 2023 to March 2024)
Wages: Includes basic salary, overtime allowance, bonuses, etc., and excludes retirement allowance, commuting allowance, etc.
Full-time workers: Includes workers seconded to outside companies.
Part-time workers: Includes contract workers, excluding trainees, incoming seconded workers, and temporary staff.

〈Supplemental Explanation of Differences〉
We do not consider gender differences in wage rules or evaluation criteria.
Branch career track and Business Expert figures are calculated by applying the new personnel system effective April 2023.
The reason for the lower average annual wages for women than men is due to differences in the ratio of gender in management positions (particularly senior management positions) and differences in age composition.
With regard to women’s empowerment, we strive to achieve a 100% male maternity leave utilization rate, engage in work-style reform, and increase the ratio of women among new-graduate hires. These measures are based on our General Employers Action Plan. In addition, we continue to strengthen efforts to create an organization in which a diverse workforce, regardless of gender, plays an active role. We believe these efforts will result in a closing of the wage gaps described above.

Childcare/Nursing-Related Data

		Unit	FY2021	FY2022	FY2023
No. of employees taking childcare leave		No.	155	185	181
	Men	No.	101	118	112
	Women	No.	54	67	69
Share of employees taking childcare leave		％	93	105	99
	Men^*1	％	93	101	97
	Women^*2	％	93	113	103
Share of employees returning after childcare leave^*3		％	100	100	100
Days of nursing leave taken		Day	379	626	719
No. of employees taking nursing care leave		No.	2	2	0

*1 The number of employees taking childcare leave divided by the number of dependents of employees giving birth (if leave and childbirth do not fall in the same fiscal year, these figures are counted toward the fiscal year where the leave began)
*2 The number of employees taking childcare leave divided by the number of employees giving birth (if leave and childbirth do not fall in the same fiscal year, these figures are counted toward the fiscal year where the leave began)
*3 Percentage of female employees who gave birth who continued to work (including periods of childcare leave) until their child’s first birthday

Workplaces and Work styles Data

		Unit	FY2021	FY2022	FY2023
Workplace and Work-Style Data		hours	1,895	1,886	1,860
	General staff	hours	1,829	1,861	1,841
	Management	hours	2,158	2,092	2,033
Average overtime hours		hours	12.4	12.0	9.8
	All employees track	hours	16.7	15.4	13.0
	Career track	hours	-	-	7.9
	Business Experts	hours	-	-	3.6
Average days of paid leave taken^*1		Day	14	15	16
Percentage of paid leave taken^*1		％	69.6	76.1	80.6
	General staff	％	73.6	80.5	84.9
	Management	％	58.4	65.0	68.1
Transfers at the option of the individual^*2	Selection rate of those with transfers	％	-	-	87.2
Transfers at the option of the individual^*2	Selection rate of no transfers	％	-	-	12.8
No. of employees taking Spouse-transfer leave		No.	-	-	14

*1 Results based on calendar year figures
*2 Selection rate for career-track workers. Positions that, in principle, do not require transfers (branch career-track workers, business experts, etc.) are not included.

Policy and Approach to Human Rights

Human Rights Policy	Human Rights Policy（PDF：169KB）PDF Respect for Human Rights
Policy on Environmental and Social Considerations in Financing and Investment Activities	Policy on Environmental and Social Considerations in Financing and Investment Activities（PDF：119KB）PDF
Approach to Procurement	Respect for Human Rights

Customer Consultations and Complaints

	Unit	FY2021	FY2022	FY2023
No. of received customer consultations and complaints	No.	28	16	7

Governance

Policy and Approach on Governance

Basic Policy on The Norinchukin Bank Governance	Corporate Governance
Risk Appetite Framework (RAF)	Sustainability Promotion Structure

Policy and approach to compliance

Compliance Initiatives Anti-Money Laundering Measures Bribery and Corruption Prevention	Compliance
Information Security	Information Security
Cybersecurity	Cybersecurity
Tax Compliance	Tax Compliance

Governance System

	Unit	As of July 1, 2022	As of July 1, 2023	As of July 1, 2024
Supervisory Committee members	No.	17	14	19
Women therein	No.	1	1	1
Directors and Executive Officers	No.	15	15	15
Women therein	No.	1	1	2
Audit and Supervisory Board members	No.	5	5	5
Women therein	No.	1	1	1

	Unit	FY2021	FY2022	FY2023
Number of Supervisory Committee meetings	No.	13	15	14
Average rate of attendance at Supervisory Committee meetings	%	91.8	93.3	90.1

Compliance

	Unit	FY2021	FY2022	FY2023
Number of Compliance Hotline reports	No.	8	8	15