Climate Change (Based on TCFD Recommendations)

The agriculture, fishery and forestry industries are the foundation of the Norinchukin Bank. These industries are prone to both being impacted by, and amplifying, climate change. Tackling climate change contributes to our mission of developing the agriculture, fishery, and forestry industries. We pursue efforts to mitigate and adapt to climate change through our business activities, while focusing on capturing business opportunities and risk management related to climate change. As part of the Bank’s efforts, we address the impact and risks of climate change on our business in an appropriate manner and expand our efforts and disclosures based on the TCFD recommendations.